The recent surge in Ethereum’s price, bringing it close to the $4,000 mark, has sparked renewed market enthusiasm. This can be attributed to the US SEC’s approval of Ethereum ETF applications by major asset managers. As reported by CoinShares, digital asset investment products have seen a significant inflow of $2 billion, contributing to a five-week
Bitcoin’s price over the weekend experienced a slight increase towards $70,000 before retracing back to familiar territory. The market seemed relatively calm, with most altcoins showing little movement. However, a few outliers such as BNB, NEAR, FIL, and FET recorded noticeable price drops, indicating some volatility in the market. ETF Inflows Impact on Bitcoin Bitcoin
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Overworld Arena, the latest expansion of Xterio’s Overworld venture, has made significant waves in the world of decentralized gaming. By integrating blockchain technology and offering lucrative rewards, Overworld Arena has redefined the gaming experience for players worldwide. This article delves into the key features of Overworld Arena and its impact on the future of web3
The recent trends in altcoin and Bitcoin pairs appear to be following a familiar pattern, with a potential final flush out of altcoins looming on the horizon. This cycle mirrors the events of June 2019, just before the United States Federal Reserve decided to cut interest rates. As history has shown, these market cycles tend
Bitcoin has been experiencing significant volatility in recent days, with analysts predicting a potential rally towards $83,000 in the near future. 10x Research CEO Markus Thielen has identified a “head and shoulders” chart pattern that suggests a new all-time high may be on the horizon. Despite hitting resistance levels and retreating to just over $69,000,
The digital infrastructure industry in North America is witnessing a significant development with the recent announcement of a strategic partnership between Core Scientific and CoreWeave. This partnership involves a series of long-term contracts extending over 12 years, highlighting a mutual commitment to collaboration and growth in the high-performance computing (HPC) sector. Core Scientific, a key
Recently, Coinbase CEO Brian Armstrong announced that over a million individuals have joined the ‘Stand With Crypto’ movement to advocate for the cryptocurrency industry. The surge in membership was particularly notable after a Whitehouse veto threat, with an additional 600,000 supporters rallying around recent bipartisan victories in Congress. Armstrong emphasized that the momentum behind pro-crypto
Ethereum (ETH), the second largest cryptocurrency by market capitalization, has recently experienced a significant price drop below the 4-hour Simple Moving Average (SMA). This technical development has caught the attention of traders and investors, as the 4-hour SMA is often utilized to assess short-term market momentum. When a cryptocurrency’s price falls below this moving average,
In recent times, the cryptocurrency market has been buzzing with excitement and volatility. Bitcoin, the flagship cryptocurrency, has been on a rollercoaster ride with drastic price fluctuations. The introduction of Exchange-Traded Funds (ETFs) in the United States has been a major catalyst for these price movements. Initially, the approval of Bitcoin ETFs by the US
