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Ethereum eyes ETF verdict, DeFi events, amidst market swings


Ethereum (ETH) is above $3,000; it is listed at $3,086.75, down by 0.89% in the last 24 hours. The market expects the price to fluctuate several times before reaching its peak. The US SEC could deliver a verdict on Spot Ether ETF this week. However, this is merely speculation, and the US SEC...

The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets


This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights: Double-Digit Gains and Losses Across the Board As...

Crypto VC growth stalls at 2.4% as market challenges loom


Crypto analysts predict a slow year regarding venture capital investments toward crypto projects, with an estimated increase of a mere 2.4%. The figure expected to reach is $12 billion,  The general sentiment seems to be a disappointment, even with Wall Street inclining towards cryptocurrencies....

HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin


Xiao Geng states that the creation of a CNY-pegged stablecoin could expand the offshore Chinese yuan market and elevate Hong Kong’s status in the global financial sector. The post HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin appeared first on Cryptonews

Crypto Whales Bet Big on Mollars, Toncoin, and Cardano


The cryptocurrency market is currently experiencing a significant shift when it comes to mainstream adoption. Embarking on the Bitcoin halving, and BTC ETF hype, the space is seeing an increase in its users. The post Crypto Whales Bet Big on Mollars, Toncoin, and Cardano appeared first on Cryptonews

Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers


The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onchain and market data platform Cryptoquant...

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