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cryptocurrency

cryptocurrency August 17, 2024

Franklin Templeton joins Hashdex in the crypto index fund race  The index fund will track ETH and BTC The $1.5 trillion asset manger Franklin Templeton is the latest player seeking to launch a crypto index ETF (exchange-traded fund). The firm filed a registration statement, S-1 form, with the U.S SEC (Securities and Exchange Commission) for […]

cryptocurrency August 16, 2024

As of Friday, BlackRock’s ETF (exchange-traded fund) became the largest collective holder in the market, surpassing Grayscale for the first time in on-chain holdings. Advertisements The rising interest in Bitcoin (BTC) and Ethereum (ETH) continues to fuel institutional demand following the approvals of ETFs. This shift highlights the growing confidence in these digital assets among […]

cryptocurrency August 16, 2024

Tron’s network activity hit $435 million, surpassing Ethereum’s $364 million. Its network revenue estimated to hit $2 billion in 2024. Tron’s [TRX] network adoption has experienced exponential growth over the past three months. Despite the high crypto market volatility, the network has surged in address, revenue, and activities. Advertisements The increase in Tron’s adoption arises […]

cryptocurrency August 16, 2024

Eigen Layer, a leading restaking protocol on Ethereum (ETH), saw at least $351 million worth of capital ooze out in the last 24 hours. Advertisements The drop follows shocking revelations about the protocol’s airdrop policy, with EigenLayer coming to its own defense. EigenLayer Airdrop Policy Controversy Users on X (formerly Twitter) were abuzz on Thursday following reports […]

cryptocurrency August 16, 2024

As $1.86 billion in Bitcoin (BTC) and Ethereum (ETH) options approach expiration, the crypto markets are grappling with heightened volatility, spurred by lower-than-expected US Consumer Price Index (CPI) data. Advertisements With the markets reacting sharply to this economic indicator, traders are preparing for potential price swings as the deadline approaches. What’s Next for Bitcoin and […]

cryptocurrency August 15, 2024

Ethereum fundamentals reach all-time highs, yet the price rally remained inconsistent. Analyst Boomer Saraga predicted that Ethereum’s price will soon reflect its strong on-chain activity. Ethereum [ETH] has remained inconsistent with its bullishness, even despite the recent launch of its spot exchange-traded funds. So far, the asset has continued to see an increase that ends […]

cryptocurrency August 15, 2024

As the cryptocurrency market continues to evolve, a notable trend is emerging: Ethereum (ETH) whales are increasingly focusing their attention on a new and exciting player in the crypto space—Mpeppe (MPEPE). This gambling-focused memecoin, built on the Ethereum (ETH) blockchain, is gaining traction and capturing the interest of major investors. Here’s an in-depth look at […]

cryptocurrency August 14, 2024

Ethereum (ETH) price continues to nurture a recovery, drawing tailwinds from growing demand in the ETF (exchange-traded funds) market. However, broader market jitters and selling pressure from institutions continue to act as a counterweight. Advertisements Crypto markets continue to record a sentiment shift, with the global market capitalization up almost 3%. Ethereum Stages Recovery Ethereum’s […]

cryptocurrency August 14, 2024

Crypto analyst Poseidon (@CryptoPoseidonn) has released a detailed price prediction for Ethereum (ETH). His analysis, delivered to his 123,000 followers on social media platform X, revolves around the pivotal $2,160-$1,900 price range which has historically served as a significant high-timeframe (HTF) support since the summer of 2021. Advertisements ETH Price Analysis: $8,000 Is Possible If […]