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News 1

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

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 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 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 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 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 10, 2024

Like BTC ETFs, Ethereum ETFs also witnessed outflows over the past few days Metrics and market indicators suggested that Bitcoin’s bear rally might end soon though Despite the bearish market conditions, Bitcoin [BTC] ETFs witnessed promising inflows a few days ago. However, the trend changed over the last 24 hours. Advertisements Hence, it’s worth taking […]

cryptocurrency August 10, 2024

ETH and XRP saw double-digit spikes. XRP was in a bull trend at press time, while ETH remained stuck in a bear trend.  After a turbulent week marked by numerous sell-offs, Ethereum [ETH] and Ripple [XRP] have emerged as major assets experiencing significant rebounds. Advertisements XRP has seen more notable price movement, largely due to […]

cryptocurrency August 9, 2024

Solana ETFs approved by Brazil, set to begin trading this month. Most DePIN projects are built on the Solana blockchain.  Brazil has taken a significant step towards global cryptocurrency adoption by approving the world’s first Solana [SOL] spot ETF.  Advertisements This new fund is set to begin trading in August, as reported by Solana Floor […]