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cryptocurrency

cryptocurrency June 23, 2024

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Advertisements Semilore is drawn to the efficiency of digital assets in […]

cryptocurrency June 22, 2024

On June 21, major asset management firms, including BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy, 21Shares, and Fidelity, submitted updated S-1 Registration Statements to the US Securities and Exchange Commission (SEC) for spot Ethereum (ETH) exchange-traded funds (ETFs). Advertisements These new filings include more details on seed investments and fees, boosting confidence that these […]

cryptocurrency June 22, 2024

Data showed that the latest upgrade could tank BNB Chain’s revenue. Broader trader sentiment was positive, suggesting that BNB’s price can retest $600. On the 20th of June, BNB Chain, the decentralized blockchain ecosystem released a major update. According to the chain, through BEP 336, users on the network can make transactions with a 90% […]

cryptocurrency June 21, 2024

Asset management giant Bitwise recently launched a groundbreaking advertisement campaign for Ethereum (ETH). The 39-second advertisement emphasizes Ethereum’s unique capabilities compared to traditional finance. Advertisements The ad, featuring Michael Tacconi as Ethereum and Jamie Kaler as Big Finance, humorously showcases Ethereum’s 24/7 accessibility. Bitwise Campaign Mints TV Ad as NFT to Support Developers The ad […]

cryptocurrency June 21, 2024

Ethereum’s Open Interest has decreased, potentially easing market tensions. The asset’s price shows signs of recovery, with a current rise to $3,585. In recent developments within the cryptocurrency markets, Ethereum [ETH] has shown signs of a modest recovery after a turbulent period. Advertisements Over the last 24 hours, ETH has seen a rise of 1.5%, […]

cryptocurrency June 21, 2024

In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their cryptocurrency portfolio by adding Ethereum (ETH), alongside maintaining a position in Bitcoin (BTC). Hougan offered three compelling reasons for investors to […]

cryptocurrency June 20, 2024

Ethereum, the second-largest cryptocurrency by market capitalization, is currently at a critical juncture as its price enters a consolidation phase. This period of price stability, marked by a narrow trading range, has left traders and investors in a state of uncertainty.  Advertisements With Ethereum’s price hovering around key support and resistance levels, market participants are […]

cryptocurrency June 20, 2024

The percent of ETH supply on exchanges has dropped to an eight-year low. ETH rebounded from its decline in the previous trading session. Not only has Ethereum’s [ETH] price declined in the last few days, but its supply on exchanges has also decreased. This decline aligns with the trend in its Netflow, which has seen […]

cryptocurrency June 19, 2024

Altcoin dominance has declined by 15% in the last month. The demand for ETH remained significantly low, putting the altcoin at risk of a further price decline. Altcoin dominance has cratered by double digits in the last month. At 9.88% at press time, it has fallen by 15% in the past 30 days, according to […]

cryptocurrency June 19, 2024

Bitwise Asset Management has revealed significant updates in its S-1 registration form for the company’s Ethereum (ETH) exchange-traded fund (ETF). Advertisements These disclosures come as Bitwise and other major asset managers await the US Securities and Exchange Commission’s (SEC) approval to list and trade these products. Bitwise Details ETF Shares and Pantera’s Interest In its […]