According to a Reuters report, three industry sources indicate that spot Ether exchange-traded funds (ETFs) are expected to begin trading on July 23. The sources also mention that the U.S. Securities and Exchange Commission (SEC) has granted preliminary approval for at least three of eight asset managers to release the spot Ether ETFs. Will Spot […]
Former President Donald Trump has announced that he has chosen crypto-friendly Sen. J.D. Vance (R-Ohio) as his vice presidential candidate. According to his latest federal financial disclosure, Vance, a venture capitalist turned politician, owns between $100,001 and $250,000 in Bitcoin. Trump and Vance’s United Front on Crypto Earlier this year, former President Trump’s stance on […]
Ripple has contributed $1 million to back XRP advocate John Deaton in his campaign against Senator Elizabeth Warren in the Massachusetts Senate race. The funds are being channeled to the Commonwealth Unity Fund, a new super PAC created by attorney James Murphy, who contributed $50,000 on April 15 to the cause. Ripple’s Support For XRP […]
Bitfinex analysts have warned crypto investors to be cautious as bitcoin’s (BTC) recovery over the weekend is not a sign that its correction is over; the asset could witness more bloodshed in the near term. In the latest Bitfinex Alpha report, experts deemed the market’s reaction this week critical, especially as supply alleviated over the […]
The popular meme coin – Shiba Inu (SHIB) – has been one of the best-performing top 20 cryptocurrencies in the past seven days, with its price jumping by over 17% (per CoinGecko’s data). It witnessed a 7% increase in 24 hours, and in the following lines, we will outline the possible reasons behind the impressive […]
Scroll, a ZK rollup Layer 2 network, is up 23% over the past seven days to reach a TVL of $1.03 billion, according to L2Beat data. Meanwhile, the total value locked for all Ethereum Layer 2s is up 12.04% over the last week to reach $42.04 billion. Scroll Hits $1 Billion TVL Scroll has become […]
Just as Bitcoin reclaimed the $63,000 level at the start of this week, Whale Alert has identified the activation of a dormant address containing 1,000 BTC, worth approximately $60 million, on July 15th, after more than a decade of inactivity. This wallet initially received the stash around 11 years and 9 months ago, on September […]
Metaplanet, an investment firm based in Japan, has made a Bitcoin purchase worth 42.4 Bitcoin for ¥400 million ($2.4 million) to add to its holdings. This comes as Bitcoin trades at $57,652, down 8% over the last week, struggling to reclaim the $60,000 mark. Metaplanet Expands Bitcoin Holdings In a press release dated July 8, […]
According to Forbes data, Argentina currently has the highest crypto adoption rate compared to every other nation in the Western Hemisphere. Ever-surging inflation of the local currency, Peso, and complex access to the dollar have been the primary drivers behind the current adoption of crypto assets, primarily USDT. Argentina Leads Crypto Adoption A Forbes report […]
TL;DR XRP saw a notable price increase recently, outperforming major cryptocurrencies. Certain analysts predict additional gains if the asset maintains key resistance levels. Is XRP Poised for Further Gains? The cryptocurrency sector experienced a significant rally in the past few days, with its global market capitalization surpassing the $2.4 trillion mark (per CoinGecko’s data). Many […]