Crypto news

Last week was memorable for the crypto community. Over four months after it approved similar products for Bitcoin, the United States Securities and Exchange Commission (SEC) gave a green signal to the first wave of spot Ethereum exchange-traded funds (ETFs). According to the latest Bitfinex Alpha report, the crypto market’s reaction to the event was akin to a rollercoaster due to the incidents surrounding the approval. Both bitcoin (BTC) and ether (ETH) experienced...

Ethereum has been hovering near the $4,000 mark, driven by a major turnaround in the US Securities and Exchange Commission’s (SEC) decision to approve spot ETH ETFs. This development has fueled trader optimism about the leading altcoin’s price trajectory. However, increased inflows of ETH into cryptocurrency exchanges could spell trouble. ETH Inflows Signal Selling Trend ETH has gained almost 20% over the past month. The resurgence in its performance has been mainly...

Bitcoin and Ethereum have managed to pull crowds with stunning rallies this year. With the approval of their respective spot ETFs, the world’s largest cryptocurrencies are expected to attract billions. As such, popular analyst Lark Davis has made bold predictions for the top assets. Bold Predictions For Bitcoin and Ethereum In a recent tweet, Davis predicted that Bitcoin will soar to $150,000 and Ethereum will reach $15,000, driven by market dynamics. He points to the inflows...

TL;DR Binance will temporarily suspend ETH deposits and withdrawals for two hours during wallet maintenance. The company regularly updates its platform by adding new trading pairs and delisting certain cryptocurrencies due to security or liquidity issues, continuously aiming to enhance user experience. The Upcoming Development The world’s largest cryptocurrency exchange will perform wallet maintenance for the Ethereum (ETH) network on May 29. The process is scheduled to take...

[PRESS RELEASE – Dubai, UAE, May 28th, 2024] Magpie Protocol announces its integration into the AI-powered auto-trading copilot, Mainline ALPHA, in what is the first integration of Magpie Protocol’s API. This integration will allow Mainline ALPHA users to leverage Magpie’s proprietary routing algorithm for fast, secure, and efficient cross-chain swaps. Mainline ALPHA is a platform offering each user a personalized AI based on their trading preferences. It lets users select...

Robert Kiyosaki, author of “Rich Dad Poor Dad,” has debunked the commonly held belief that bonds are generally safe investments. In a recent tweet, Kiyosaki labeled the notion that “bonds are safe” as the “biggest lie” propagated by financial planners to “gullible” investors. He even went on to warn that even highly rated AAA bonds are poised to crash, particularly due to the looming crisis in the commercial real estate market. Instead, he advocated for Bitcoin as a crucial...

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TL;DR While the broader crypto market corrected, Chainlink (LINK) rose to nearly $19, marking a 6% daily increase. Analysts forecast further gains for the asset, supported by rising whale activity and key partnerships. Metrics show large transaction volume and a shift from exchanges to self-custody, indicating reduced selling pressure. All Eyes on LINK The cryptocurrency market experienced a correction in the past several hours, with numerous leading digital assets retracing...

Built on Dymension and Powered by Celestia’s DA layer, Rivalz aims to create a decentralized peer-to-peer network for modular AI apps, enhanced by programmatic trust and privacy. Rivalz Network, backed by leading investors such as Delphi Ventures, Zee Prime, Stakewithus, Cogitent Ventures, D1, M6, 4RC, and GSR – is laying the foundations for the AI web3 landscape with their DePIN-based AI Intel Layer. Rivalz is excited to announce the launch of its Intel Incentivized Testnet Event which...

Whale Alert! The global cryptocurrency market is a bunch of activities, with heavyweight tokens like Bitcoin (BTC), Litecoin (LTC), and Bitcoin Cash (BCH) experiencing price volatility while underdogs like AlgoTech (ALGT) capture the attention of major institutional crypto investors. This is clearly the scenario playing out with Algotech (ALGT), an AI-powered DeFi project in the midst of a red-hot presale with $5.4 Million+ raised, and Litecoin (LTC) and Bitcoin Cash (BCH) facing price...