Wed, November 27

Ethereum Breaches Key Resistance: Long Term ETH Holders Move

Ethereum has reached a critical juncture as its price surpassed the $2,579 resistance level on Monday, catalyzing a significant shift in market dynamics. This breakthrough has prompted a wave of activity among long-term holders, with older, less active coins suddenly changing hands. The movement of these dormant assets, particularly their

October 15, 2024 2 mins read

Is Ethereum (ETH) Showing Signs of Rebound After Recent Dip?

The largest altcoin, Ethereum (ETH), has briefly recovered from the significant downside pressure. The asset’s price remains caught between crucial resistance levels; it recently surged to the $2.6K range.  Notably, over the past 24 hours, ETH witnessed a moderate spike of 3.13%. At the press time, ETH traded at $2,617

October 15, 2024 2 mins read

BlackRock CEO Larry Fink Embraces Bitcoin as Core Asset

BlackRock CEO Larry Fink, during the Q3 2024 earnings call, described Bitcoin as a “core asset class,” signalling a major shift in the perception of cryptocurrencies by one of the largest asset managers in the world.  Bloomberg ETF analyst Eric Balchunas shared Fink’s full quote from the earnings call, where

October 15, 2024 2 mins read

CrossFi Launches EVM-Compatible Mainnet, Offering Scalable Crypto Payment Solutions

CrossFi, a Layer 1 payments network has announced the launch of its mainnet that is compatible with EVM. CrossFi’s decentralized web3 payment ecosystem is powered by the CrossFi blockchain. Businesses may now utilize CrossFi’s core products and execute payments for routine transactions thanks to the mainnet’s launch. CrossFi’s Layer 1 network offers a scalable framework for

October 14, 2024 3 mins read

Crypto Funds See $407M Inflows Amid U.S. Political Shifts

Global crypto funds managed by asset giants such as BlackRock, Bitwise, Fidelity, Grayscale, and ProShares experienced net inflows of $407 million last week, according to CoinShares. This marked a sharp reversal from $147 million in outflows the previous week. The inflows were primarily driven by U.S.-based funds, which contributed $406

October 14, 2024 1 min read

Vitalik Buterin Explores Ethereum’s Post-Merge Potential

Ethereum co-founder Vitalik Buterin has recently taken to social media to share insights into the blockchain’s development and future. In a detailed blog post on October 14, Buterin reflected on Ethereum’s evolution since the Merge, the major 2022 upgrade that transitioned the network from proof-of-work (PoW) to proof-of-stake (PoS). While

October 14, 2024 2 mins read

Monochrome Unveils Australia’s First Spot Ethereum ETF on Cboe

Monochrome Asset Management is poised to make history with the launch of the world’s first Ethereum exchange-traded fund (ETF) on Cboe Australia. Furthermore, the company’s Ethereum ETF, known as the Monochrome Ethereum ETF (IETH), is likely to attract significant attention. Investors seeking exposure to Ethereum can benefit from this option,

October 14, 2024 2 mins read

Ethereum Surpasses $2.5K After 30 Days as Bulls Gear Up for Rally

Another week begins with investors still holding strong to their optimism. The community awaits the anticipated bull runs, while the price charts depict modest gains. In the last 24 hours, the overall crypto market has shown increases in both its market cap and trading volume. Notably, leading altcoin Ethereum has

October 14, 2024 2 mins read

Vitalik Buterin’s Meme Coin Sale Raises Eyebrows Amid Investor Concerns

According to blockchain statistics, Vitalik Buterin—co-founder of Ethereum—has made 257.1 ETH, or almost $636,000, from the sale of several meme coins. Given the recent gifts of meme coins, which caused alarm among cryptocurrency community members about possible risks to investors, Buterin’s conduct has garnered attention. Buterin allegedly sold many meme

October 13, 2024 1 min read

US SEC Delays Decision on Options Linked to Spot Ether ETFs

According to a filing made on October 11th, the US Securities and Exchange Commission (SEC) has once again delayed. Deciding on whether or not an exchange list options linked to spot Ethereum ETFs. According to the filing, the SEC has postponed deciding on a rule change proposal. That would allow

October 12, 2024 2 mins read