In January 2024, the United States Securities and Exchange Commission (SEC) approved the first Bitcoin (BTC) exchange-traded funds (ETFs), including one by BlackRock (NYSE: BLK). Subsequently, BlackRock has been increasing its Bitcoin holdings as part of the IBIT iShares Bitcoin…
Polkadot’s high-profile budget allocation stirred debate in the cryptocurrency realm, particularly through its disclosure of a nearly $400,000 marketing budget earmarked for Token2049, an event held in Singapore. Eric Holst, a key figure in this initiative, prompted a crucial query…
Cryptocurrencies are gaining momentum in the market, particularly in the realm of “altcoins,” as a bullish trend emerges. The collective market capitalization of cryptocurrencies excluding Bitcoin (BTC) and Ethereum (ETH) has broken away from a downward trend, indicating the onset…
In the vast crypto market where events unfold frequently, investors are always on their toes, with Uptober being the latest buzzword capturing attention. Uptober symbolizes the market’s bullish trend during October, drawing inspiration from historical data showcasing positive growth for…
Amid the volatile market conditions, Ethereum (ETH) has managed to maintain its price above $2,600, boosted by the rise in the Ethereum funding rate, indicating a positive shift towards a potential rally to $3,000. The increase in the funding rate…
Following a seven-month correction period, the Shiba Inu price has initiated a sideways movement above the $0.0000123 level. This consolidation phase suggests a bottom-formation sentiment along with the potential for a reversal, especially as Quarter 4 tends to drive a…
In the cryptocurrency market, there is anticipation for a potential surge in asset values, with signs of stability and even upward movements. A crypto trading expert, known as Ash Crypto, has pointed to various reasons supporting the likelihood of an…
In recent news, Polkadot (DOT) garnered attention in the cryptocurrency market by unveiling its marketing budget, which sparked debates among industry players. The project’s commitment to transparency was evident as it disclosed a notable budget of almost $400,000 allocated for…
Ripple has been actively selling off its treasury reserves, with a total of 350 million XRP being offloaded in September. Despite initial negative reactions, the XRP price has shown signs of recovery following Ripple’s selling activities amounting to approximately $200…
Coinbase’s Layer-2 (L2) system known as Base, built atop Ethereum (ETH), encountered a downtime lasting 20 minutes on September 21. This outage, similar to incidents on Solana, was quietly labeled as “degraded performance” once resolved. Jesse Pollak, Base’s creator and…