TL;DR Polkadot’s native token, DOT, is currently priced at around $7.20, showing a modest 2% weekly increase, despite a booming cryptocurrency market. Analysts, including Michael van de Poppe and Crypto Thanos, predict a potential bull run for DOT, with targets up to $17, driven by fundamental growth, improved use cases, and advancements in AI and […]
Almost $220 million was once again poured into the spot Bitcoin ETFs yesterday, June 6, thus extending the consecutive inflow streak to 18 trading days in a row. BlackRock’s IBIT had given up its first place in terms of daily inflows but saw $350 million inserted yesterday, while the former leader – Fidelity’s FBTC – […]
Kraken, one of the oldest and largest cryptocurrency exchanges in the United States, is orchestrating a large funding round before a potential initial public offering next year, according to a new report from Bloomberg. Sources contacted by the outlet say the exchange likely aims to raise $100 million before the move. Kraken To Go Public? […]
SEC Chair Gensler has voiced concern over unethical conduct within crypto exchanges, noting that the introduction of spot Ethereum ETFs will require additional time. Gensler’s comments were made during a June 5 interview on CNBC, where he also responded to Jim Cramer’s inquiries about potential exchange-traded products for cryptocurrencies beyond Bitcoin and Ethereum. Gensler Criticizes […]
Cardano founder Charles Hoskinson has dismissed claims that the network suffers from weak fundamentals. He criticized media outlets for their continued negative portrayal of the ecosystem, asserting a stark contrast between the reality of Cardano’s progress and the media’s depiction. Cardano Founder Refutes Media’s Gloomy Forecasts In a sharp rebuke this week, Hoskinson accused the […]
After a relatively quiet and sluggish weekend, bitcoin’s price started moving north once again at the start of the business week and kept rising until it popped to $71,767 (on Bitstamp) yesterday evening. This came amid the growing inflows toward most US-based spot Bitcoin ETFs, as yesterday saw nearly $500 million being poured in. Even […]
TL;DR The approval of spot BTC and ETH ETFs has led to speculation about the potential launch of a spot XRP ETF in the US, with Ripple’s CEO Brad Garlinghouse suggesting it’s “inevitable.” However, the ongoing legal battle between the company and the SEC over allegations of unregistered securities offerings might complicate the green light […]
Ethereum (ETH) will reach a price of $22,000 within six years thanks to ETF approvals, scaling improvements, and healthy on-chain progress, according to VanEck. In a Wednesday report, the $89.5 billion asset manager said the network’s TradFi market share growth and dominance among smart contract platforms creates “a credible path to $66B in free cash […]
A group of U.S. lawmakers has called on President Joe Biden to intervene in the detention of Tigran Gambaryan, a high-ranking executive at Binance, who has been held by Nigerian authorities for nearly three months. The appeal, led by House Foreign Affairs Committee Chair Michael McCaul (R-Texas) and supported by 11 other congressional leaders, demands […]
Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has emerged once more as the top real-world asset with the most development activity in the last 30 days. According to a tweet by Santiment, LINK is followed by Synthetix (SNX), Centrifuge (CFG), and Oraichain (ORAI). Top RWAs With the Most […]