In the world of cryptocurrencies, Ethereum has had a tumultuous week. Despite the launch of several Ethereum ETFs, the price of ETH plummeted by over 10%. This significant drop not only turned the ETF launch into a “sell-the-news” event but also transformed the $3,300 support level into a formidable resistance. Without a swift recovery to
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Robert Kennedy Jr.’s proposal to transform the United States into the world’s largest holder of Bitcoin represents a bold departure from traditional financial policies. By advocating for the strategic acquisition of Bitcoin to match the current US gold reserves, Kennedy aims to redefine monetary policy and enhance fiscal discipline within the federal government. This proposal
On July 26, a significant number of Bitcoin options contracts are set to expire, totaling around 61,200 contracts with a notional value of approximately $4.26 billion. This expiry event is larger than usual due to it being the end of the month. Despite the recent excitement surrounding the launch of spot Ethereum ETFs in the
A recent prediction by a crypto analyst named Trader Tardigrade has sent shockwaves through the cryptocurrency community. According to the analyst, Bitcoin is on track to reach an unprecedented $263,000, but with a catch. The bullish surge to new all-time highs is dependent on Bitcoin meeting specific market conditions. Trader Tardigrade identified a key technical
Illuvium has recently launched its mainnet, marking a significant milestone for the project and the gaming community as a whole. The team behind Illuvium has put a strong emphasis on creating a player-centric platform that not only delivers unique gaming experiences but also values the feedback and contributions from its users. This launch is a
Recently, cryptocurrency exchange platform WazirX reported a sophisticated cyber attack on its multi-signature Ethereum wallet. The attack raised concerns within the crypto community and prompted a thorough investigation by the exchange. According to a blog post on July 25, WazirX conducted a preliminary investigation and found no evidence of compromise on the machines of its
Planet X is not just your average free-to-play extraction shooter game. It represents a new era of gaming that combines the excitement of gameplay with the ability to earn real-world prizes. The game is built on the Ethereum blockchain and utilizes the XAI ecosystem to create an immersive experience for players. By intertwining blockchain technology
Cardano (ADA) has been experiencing a significant seven-day decline, leading to a fresh descent below the $0.41 mark. This decline can be attributed to a broader trend seen across many altcoins, triggered by Ethereum’s recent drop. The correction is a result of a bullish run earlier in the month that generated favorable gains for ADA
Dalmas Ngetich is a prominent figure in the crypto industry, bringing with him a unique perspective shaped by his diverse background and extensive experience. With a specialization in NFTs, blockchain, DeFi, and blockchain news, Dalmas has been able to craft over 10,000 news and feature articles over the past eight years. His background in mechanical
Recent on-chain data reveals that Ethereum whales have been actively accumulating the second-largest cryptocurrency despite its price decline. Reports show that on July 24 alone, these whales purchased a staggering amount of 297,670 ETH ($1 billion), following another significant buy the day before. This robust accumulation trend indicates a strong bullish sentiment among large holders,
