In the midst of a bear market, a glimmer of hope emerges with recent news regarding Grayscale Investments, a crypto asset manager. It has achieved a significant victory against the United States Securities and Exchange Commission (SEC) in its pursuit to transform the Grayscale Bitcoin Trust (GBTC) into a publicly
Amidst a crypto market dominated by bears, the global cryptocurrency market cap stands strong at $1.09 trillion. In the past 24 hours, a minor surge of 0.27% has occurred, reflecting a notable shift of 6.62% from a year ago. While Bitcoin (BTC) asserts its authority with a market cap of
The overall crypto market seems to be stabilizing following a period of intense turbulence. At the time of writing Ethereum is trading at $1,645, up 0.82% in the last 24 hours as per CMC. However, Ethereum’s continuing decline over the previous month becomes more apparent at a wider scale as
The native token of Orbs, a public blockchain infrastructure network, has been launched on Arbitrum, an Ethereum rollup. Users will enjoy lower gas fees and faster transaction times while engaging with the asset thanks to the ORBS token’s entry on the prominent Layer-2 solution. Axelar, a Turing-complete interchain network, is
Ethereum (ETH), the second-largest cryptocurrency, experienced a massive downtrend over the past few weeks, failing to break through its key resistances. Meanwhile, Ether whales have been executing huge transactions on leading crypto exchanges such as Coinbase and OKX in the last 24 hours. Whale Alert, a blockchain tracker and analytics
As the bulls and bears continue their fight, the ETH price has been under intense selling pressure. On the other side, there are hints of new developments in network activity data. Santiment, a data analytics platform, highlighted a critical aspect of growing centralization: the abandonment of retail traders in the
Ethereum (ETH), the world’s second-largest cryptocurrency, has witnessed significant developments within its network. Despite trading around the $1,650 mark, the network’s activity has been capturing attention. Notably, as the market witnessed a crash, a fascinating trend emerged. While small traders sought to offload their holdings, prominent players in the field
In a show of resilience amidst a volatile market, Ethereum (ETH) has managed to shown slight recovery from its recent dip below the $1,603 mark. The cryptocurrency’s price now stands at $1656 with a 24 hours trading volume of $199 billion. Amidst Ethereum’s plunge below the $1,650 mark and the
The overall crypto market has witnessed brief recovery as the price of Bitcoin along with major altcoins are trading in green. This for the time being puts a halt on the recent bloodbath which brought the prices of almost all cryptocurrencies to record lows. Bitcoin is now trading at $26,505
Most cryptocurrencies are still trading in the red, indicating that the bears are still in control. Bitcoin and Ether prices seem to be indicating a further fall. The price seems to be slipping gradually after some period of consolidation. After failing to break over $1700 on August 18, the ETH
