The recent data concerning Ethereum ETFs in the US has shown a concerning trend of net outflows, with a total of $77.21 million leaving the market on Wednesday. This comes as Ether’s price struggles to stay above the $3,200 mark, signaling a lack of confidence among investors in the cryptocurrency. One of the most significant
Recently, two market experts made bold predictions regarding the price target for Ethereum. One of them, Ethereum maximalist Adriano Feria, stated that the second-largest crypto token could potentially reach up to $100,000. This ultra-bullish forecast aligns with predictions made by financial institutions, indicating a growing confidence in Ethereum’s future performance. Initially, Ethereum developer Eric Conner
Meme coins, once the talk of the town in the crypto world, are now facing a significant cooling off period in the second quarter of 2024. Recent findings suggest that only a select few meme coins have managed to record gains in the past 30 days, with lesser-known tokens taking the spotlight. The frenzy around
Manchester United has made history by being the first football club to introduce player trading cards and a Fantasy United game for the 2024/25 season on the Tezos Blockchain. This innovative move allows fans to collect cards featuring first-team players, build squads, and compete in a Web3 fantasy football game. Player Trading Cards The ‘Fantasy
In a world where financial markets are constantly evolving, hedge fund manager James Lavish has made a daring prediction about the future of Bitcoin. According to Lavish, Bitcoin could potentially reach an astonishing price of $428,000, but only if it becomes 1% of the $900 trillion investment assets worldwide. This ambitious statement suggests that Bitcoin’s
The Wanderers Open Beta has officially launched on the Epic Games Store, offering players a unique gaming experience that combines ever-changing, generated worlds with strategic deck-building mechanics. This game has been through several Closed Beta events, gathering feedback from a select group of players to refine the gameplay. Now, with the Open Beta release, players
XRP made significant gains on Wednesday, reaching $0.66 and marking an 8% increase over the past 24 hours. This surge, from $0.60 to $0.66, represents a level that has not been seen since the third week of March. The sudden upward movement in price coincides with key developments in the XRP ecosystem and a renewed
In recent days, the cryptocurrency market has experienced increased volatility, leading to shifts in investor sentiment. Bitcoin (BTC) is a prime example, having reached nearly $70,000 on July 29, only to drop below $66,000 the following day. Currently, BTC is trading around $66,300, according to data from CoinGecko. This correction was further fueled by news
The Bahamas Securities Commission has recently approved the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), signaling a significant move towards regulatory clarity in the digital assets industry. The Executive Director of the Securities Commission, Christina Rolle, emphasized that DARE 2024 sets a new standard for digital asset regulation, focusing on investor protection and
Cardano (ADA) has been facing a downward trend after a significant drop last week, but there is a glimmer of hope in the form of a potential inverted hammer formation on the weekly chart. An inverted hammer typically indicates potential buying pressure overcoming early selling, which could signal a shift from a bearish to a