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cryptocurrency

cryptocurrency August 14, 2024

There is a high chance that ETH could reach $3,000 or more in the coming days. ETH’s Open Interest has jumped by 5.5% in the last 24 hours, indicating increased interest from investors. On the 14th of August, the overall cryptocurrency market had experienced impressive upside momentum, following the massive 4.5% price surge in Bitcoin […]

cryptocurrency August 14, 2024

OKX, one of the top three crypto trading platforms by volume metrics, announced plans to list DOGS meme coin. The token has social media abuzz, with speculation that it will be another one of Telegram’s success stories. Advertisements The token’s name and ticker are both DOGS. The logo features an image resembling Spotty, the mascot […]

cryptocurrency August 14, 2024

Goldman Sachs and DRW Capital have revealed over $600 million in combined holdings across spot Bitcoin and Ethereum exchange-traded funds (ETFs). Advertisements These disclosures, made in recent 13F filings with the US Securities and Exchange Commission (SEC), highlight the growing institutional interest in digital assets. Institutional Giants Drive Bitcoin ETF Growth, Signaling Long-Term Confidence Goldman […]

cryptocurrency August 13, 2024

Ethereum outperformed Bitcoin as a whale moved 5000 ETH. ETH liquidations cooled off as ETF flow stabilized.  Ethereum [ETH] surged 6.9% in the last 24 hours, outpacing Bitcoin’s [BTC] 1% gain. This sharp rise suggested renewed confidence in the crypto market after a challenging week. Advertisements This outperformance thus raises a question: Is the altcoin […]

cryptocurrency August 13, 2024

Base founder Jesse Pollak plans to build a “dream wallet,” which will revolutionize the Web2 space by making on-chain storage better than online storage. Advertisements The Layer-2 (L2) network remains one of Coinbase’s best success stories, elevating the exchange’s business model from a centralized crypto exchange to a Web3 gateway. Base L2 Flywheel Continues to […]

cryptocurrency August 13, 2024

Key Takeaways Coinbase’s legal officer criticizes the SEC’s approach to regulating decentralized exchanges. The SEC’s rule could force DEXs to adhere to traditional exchange regulations. Share this article Advertisements Advertisements Advertisements Coinbase has submitted a strongly worded comment letter to the SEC, urging the agency to withdraw its proposal to expand the definition of “exchange” […]

cryptocurrency August 12, 2024

While BlackRock’s ETF inflow increased, GreyScale’s outflow went up. A recent analysis revealed that Ethereum price might drop to $2k. Ethereum [ETH] ETFs have gained a lot of interest from one of the top institutional investors, BlackRock, over the past months. While that happened, the big pocketed players in the crypto space also showed interest […]

cryptocurrency August 12, 2024

Ethereum has struggled greatly underneath the bearish pressure that has been mounted on the crypto market over the last few weeks. The ETH price suffered multiple crashes that sent it toward $2,000 once more, shattering the expectations for a new all-time high in the third quarter. However, this decline may only be short-lived as one […]

cryptocurrency August 12, 2024

Digital asset investments hit $176 million last week, effectively registering a resumption of inflows after a streak of negative flows. Advertisements It comes after the recent market correction, with ETF (exchange-traded funds) investors seizing the opportunity to buy the dip. Ethereum Leads As ETF Investors Buy The Dip ETF analyst Eric Balchunas from Bloomberg Intelligence […]