The upcoming listing of spot Ethereum ETFs in the United States has spurred speculation on similar bullish sentiment to Bitcoin’s earlier this year.
The Korea Institute of Finance (KIF) report stated that allowing crypto ETFs could cause resource allocation inefficiency, increased crypto-related risks, and weakened financial stability.
AVAX, the native cryptocurrency of the Avalanche network, a layer one blockchain focused on developing decentralized applications, has dipped to six-monthly lows, attracting the attention of investors, who have witnessed significant losses on their holdings since March.
Lightning Network developer Burak, known for his contributions and exploits in the Bitcoin community, has introduced a new layer 2 solution called “Brollups”, aiming to expand the DeFi capabilities of Bitcoin without requiring changes to the Bitcoin protocol itself.
The bear market has taken a toll on the cryptocurrency world, and memecoins are feeling the impact. Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE), some of the best-performing meme assets of the year, are retesting their previous lows.
ZK Compression will allow Solana developerss to store specific types of data using its cheaper ledger space rather the expensive account space.
Michael Saylor expects the BTC price to hit $10 million while confidently predicting that the Chinese people and government would embrace Bitcoin.
Metaplanet Inc has doubled down on its Bitcoin as a Treasury Reserve Asset as the firm has revealed plans to issue a 1 billion yen bond.
Andrew Kang said that there will be less demand for ETH ETFs since Ether (ETH) attracts lesser institutional interest than Bitcoin (BTC).
This private equity sale by Revolut will help the company generate liquidity for early investors and employees.
Bitcoin’s price, fluctuating between $65,000 and $66,000, has led to a notable level of Fear, Uncertainty, and Doubt (FUD) among traders, according to blockchain analytics firm Santiment.
Standard Chartered Bank, one of the leading global financial institutions headquartered in the United Kingdom, is preparing to enter the crypto trading market with the launch of a dedicated platform for spot traders.
Since Elon Musk’s takeover in October 2022, social media platform X has introduced monetization for content creators and subscription models, aiming to become an “everything platform.” However, there are no plans for accommodating crypto enthusiasts on the platform.
ConsenSys is urging the US Internal Revenue Service (IRS) to postpone the implementation of new crypto tax reporting regulations.
The spike in the volume can be partly attributed to the increase in demand for stablecoin in a period when the crypto market is experiencing a downturn.