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Year: 2024

cryptocurrency August 2, 2024

The crypto market saw two-way volatility in July as speculators reacted to events. The Federal Reserve held the benchmark interest rate at the current 23-year high for the eighth consecutive time. Bitcoin [BTC] traded fairly unchanged on the last day of July in the immediate aftermath of the Federal Open Market Committee’s interest rate decision. […]

cryptocurrency August 1, 2024

Some analysts believe Solana’s fundamental metrics have been inflated  SOL has outperformed ETH on price charts since June, but not this week  There is overwhelming data out there showing Solana [SOL] outperforming Ethereum [ETH] on key fronts, right from revenue to decentralized exchange (DEX) volume. Understandably, this has swayed and reinforced the “SOL as an […]

cryptocurrency August 1, 2024

The cryptocurrency market is witnessing an exciting development with the rise of Mpeppe (MPEPE), a unique fusion of sports passion, blockchain innovation, and meme culture. Ethereum (ETH) investors are playing a significant role in this surge of popularity, recognizing the potential and transformative power of Mpeppe (MPEPE). This article explores the reasons behind the growing […]

cryptocurrency August 1, 2024

VanEck Head of Digital Assets Research Mathew Sigel says Solana ETFs (exchange-traded funds) could hit markets sooner than expected. The firm’s position differs from that of BlackRock, which thinks it may be premature to have the financial instrument now. Advertisements Solana (SOL) remains a formidable contender in the crypto market. It first challenged Ethereum on […]

cryptocurrency July 31, 2024

Ethereum witnessed a more severe correction last week than Bitcoin.  Metrics suggested that selling pressure was high on BTC and ETH, but ETH had an edge.  Bitcoin [BTC] remained in the limelight over the last week as it approached $70k, but later plummeted near $66k. Ethereum [ETH] had a tougher week as it witnessed a […]

cryptocurrency July 31, 2024

Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows.  Advertisements What To Expect From The ETH Price Roman mentioned during an interview […]

cryptocurrency July 30, 2024

Key Takeaways Cardano prioritizes long-term value and reliability over rapid user acquisition in DeFi. Hoskinson believes future blockchain adoption will be driven by governments and large corporations. Share this article Advertisements URL Copied Advertisements The decentralized finance (DeFi) ecosystem is an ever-evolving landscape, with the introduction of application-specific blockchains (appchains), layer-2 (L2) blockchains, novel virtual […]

cryptocurrency July 30, 2024

The largest ETH ETF, Grayscale, had a single-day outflow of $210 million. ETH also turned bearish, and most metrics hinted at a continued price drop.  Exchange Traded Funds (ETFs) have gained much traction since the beginning of this year with the launch of Bitcoin [BTC] ETFs. Things got even better over the last week as […]

cryptocurrency July 30, 2024

An Ethereum ICO participant resurfaced on Tuesday, moving a large chunk of his investment to a new wallet. The early investor’s reemergence comes on time for the network’s ninth birthday. Advertisements ICO, short for initial coin offering, differs from a project’s launch date. During an ICO, the project issues digital tokens or coins for sale […]

cryptocurrency July 30, 2024

Today, July 30, marks a week since the spot Ethereum ETFs started trading. But contrary to initial anticipation, the launch of the financial products has not affected the price of ETH positively. Advertisements While the cryptocurrency’s market value rose above $3,500 on launch day, it did not take long before it dropped. Ever since, ETH […]