VanEck, a prominent asset manager, recently made waves in the cryptocurrency community by revising its price prediction for Ethereum (ETH) in 2030. The firm now forecasts that ETH could reach an impressive $22,000 by the end of the decade, citing various factors that could contribute to this substantial price increase. Revised Price Prediction It is
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Robinhood’s recent announcement of its acquisition of Bitstamp for approximately $200 million in cash marks a significant move in the cryptocurrency market. This acquisition, set to be finalized in the first half of 2025 pending regulatory approvals, will see Robinhood significantly enhancing its global footprint. With Bitstamp operating in multiple regions including Luxembourg, the UK,
The US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing an unprecedented streak of inflows, with 17 consecutive days of net additions. Notably, on one Tuesday, these ETFs saw inflows amounting to $886.6 million, the second-highest single-day influx since their inception. Following this, another significant day of inflows occurred, totaling $488.1 million, with substantial contributions
The partnership between MetaMask and HyperPlay marks a significant advancement in the world of Web3 gaming. By introducing a new games directory into the MetaMask Portfolio, users now have a convenient way to browse and manage in-game assets. This collaboration aims to enhance the ease of access and compatibility for Web3 games, blending traditional and
A group of U.S. lawmakers, led by House Foreign Affairs Committee Chair Michael McCaul, has urgently called on President Joe Biden to intervene in the detention of Tigran Gambaryan, a high-ranking executive at Binance, who has been held by Nigerian authorities for almost three months. The lawmakers have labeled the situation as a hostage crisis,
Bybit, a popular cryptocurrency exchange, recently made the decision to remove China from the list of countries whose citizens are restricted from using its services. This move has caused a stir in the crypto community, as it signals a significant shift in the company’s approach to the Chinese market. While the list still includes other
Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has once again surged to the top as the real-world asset with the most development activity over the last 30 days. This demonstrates the growing interest and innovation in the crypto sector, particularly in the realm of real-world assets that represent
In recent months, there has been a noticeable trend of large bitcoin holders, also known as “whales,” accumulating more tokens. According to the latest data, a specific group of whale addresses now collectively own over 40% of the total bitcoin supply. This accumulation by addresses holding more than 1,000 BTC has been particularly prominent since
In the ever-evolving landscape of investments, cryptocurrencies like Bitcoin, Ethereum, and Solana have managed to maintain their stronghold over traditional assets such as Gold. Despite the recent stagnation in the crypto market following Bitcoin’s new all-time high in March, these digital assets have consistently provided superior returns. According to the latest report from Raoul Pal,
In a surprising turn of events, a whale investor has been on a massive buying spree, accumulating a staggering amount of Shiba Inu (SHIB) tokens. This particular whale spent 4,849 ETH, equivalent to approximately $18.44 million, to acquire a whopping 715.9 billion SHIB in just six hours. This buying spree is unprecedented, even for a
