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Bitcoin, Ethereum Technical Analysis: BTC Plummets Below $26,000 on Reports Elon Musk’s Spacex Liquidated Bitcoin Holdings
18.8.2023
Bears ran through crypto markets on Friday, following reports that Elon Musk’s Spacex had sold all of its bitcoin holdings. It has been suggested that Spacex liquidated over $370 million worth of the cryptocurrency last year. Ethereum dropped below $1,600. Bitcoin Bitcoin (BTC) bears pushed...
Valkyrie Files for Ethereum ETF With US Securities Regulator
18.8.2023
U.S.-based asset manager Valkyrie is requesting regulatory approval from the U.S. Securities and Exchange Commission (SEC) for an ether futures exchange-traded fund (ETF). The move follows the acceptance by the SEC of Valkyrie’s application for a spot bitcoin ETF last month. Asset Manager...
Bitcoin Dips Below $26K in Crypto Market Whirlwind; $1 Billion Liquidated Amid Top Coins’ Tumble
18.8.2023
Bitcoin’s value briefly slipped below the $26K threshold at 5:50 p.m. Eastern Time on Thursday before swiftly rebounding past the $26,000 benchmark. Concurrently, the expansive crypto landscape experienced an 8% tumble against the U.S. dollar, teetering dangerously close to dropping below...
Rumors SEC Poised To Approve Ethereum Futures ETF, After Crypto Prices Crash - ETH/BTC Bounces
18.8.2023
After a market-wide crash that saw Bitcoin hit as low as the $24,000 region on derivatives exchanges - in the largest liquidation event since the FTX collapse - surprise news hit.
A Bloomberg exclusive, syndicated by Yahoo Finance, states that the SEC is 'set to greenlight Ether-Futures...
Ethereum surges 11% after report SEC is set to approve Futures ETF
18.8.2023
The United States Securities and Exchange Commission isn't likely to block the debut of Ethereum futures ETFs, according to sources
The Protocol: Blockchains Keep Launching, From Sei to Shibarium
17.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...
Ethereum is a 'dumpster fire' — Charles Hoskinson
17.8.2023
Despite assurances, discrepancies between Cardano's theoretical network capacity and its utility remain
Fuse CEO Mark Smargon says blockchain payments apps will rival Visa, not Ethereum
17.8.2023
Mark Smargon, CEO of Fuse, explains how blockchain-powered payments can fix the “broken traditional payment system.”
Ethereum Price Prediction as Vitalik Compares X's Social Media Algorithm to Crypto – Here's What You Need to Know
17.8.2023
The price of Ethereum (ETH) has declined by 2% in the past 24 hours, dropping to $1,782 amid a similar fall for the wider cryptocurrency community today.
ETH is now down by 4% in the past week and by 6% in the last 30 days, with the market's biggest altcoin having risen by 49% since the start...
Ethereum 'Restaking' Takes Shape as Next Big Trend in Blockchain Security
17.8.2023
EigenLayer’s platform for "restaking" is designed to extend Ethereum’s pooled security from ETH stakers to other blockchain systems – a way for developers to bootstrap new networks without having to create their own communities of network validators
Ethereum took nearly a decade to upgrade, but this project comes straight out of the gate with quality
17.8.2023
Ethereum’s journey has spanned nearly a decade, marked by significant developments and transformations. Ethereum has undergone multiple upgrades and improvements, shaping its capabilities, scalability, and overall potential. While Ethereum underwent a lengthy decade-long upgrade process,...
Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide
17.8.2023
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Near 2-Month Lows as Bears Regain Momentum
17.8.2023
Bitcoin extended recent declines on Thursday, as the cryptocurrency moved towards a two-month low. Bearish sentiment increased following the latest Federal Open Market Committee (FOMC) minutes, where the Federal Reserve hinted at further rate hikes. Ethereum fell below $1,800 today. Bitcoin Bitcoin...
Valkyrie Funds Looks to Launch Ethereum Strategy ETF
17.8.2023
Asset management firm Valkyrie Funds has filed for an Ethereum Strategy exchange-traded fund (ETF) that will invest in Ether futures.
According to a Wednesday filing with the Securities and Exchange Commission, the new fund, called the Valkyrie Ethereum Strategy ETF, aims to capitalize on...
Chainlink v/s Ethereum: The ultimate showdown – Who takes the crown?
17.8.2023
Since Chainlink was developed on Ethereum, people often don’t get the difference between the two. Both Chainlink and Ethereum are popular cryptocurrencies based on blockchain technology. Still, they have certain technological differences, strengths and weaknesses, use cases, adoption, community...
Kaiko Research: Bitcoin and Ethereum Are Now Less Volatile Than Ethereum Amid Dwindling Liquidity
17.8.2023
Bitcoin (BTC) and Ethereum (ETH) are now slightly less volatile than oil as both assets continue to trade sideways this summer.
According to new research from Kaiko, the notorious trend of cryptocurrency volatility has taken a sharp decline due to several factors ranging from government policies...
Kaiko Research: Bitcoin and Ethereum Are Now Less Volatile Than Oil Amid Dwindling Liquidity
17.8.2023
Bitcoin (BTC) and Ethereum (ETH) are now slightly less volatile than oil as both assets continue to trade sideways this summer.
According to new research from Kaiko, the notorious trend of cryptocurrency volatility has taken a sharp decline due to several factors ranging from government policies...
Trump’s Crypto Wallet Makes $2.8 Million in Income, FEC Filing Shows
17.8.2023
Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which collects proceeds from the sales of Trump-branded...
Ethereum: A mixed bag in 2023, But still a good investment
17.8.2023
The recent launch of PayPal’s USD stablecoin, known as PYUSD, as an ERC20 token on the Ethereum network has ignited significant interest in the cryptocurrency market. This move signals a crucial step toward Ethereum’s mainstream adoption. It is significant not only for the Ethereum...
Ledger Taps Paypal for US Crypto Buys
17.8.2023
Crypto security firm and hardware wallet manufacturer, Ledger, announced its integration of Paypal payments for U.S. customers. This will allow Ledger Live users to buy bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC) within the app using Paypal. Ledger Enables Paypal Payments...