TL;DR The cryptocurrency market added $200 billion recently, with BTC and ETH seeing significant rises. Cat-themed tokens witnessed even more substantial gains, with one such asset rising to an all-time high. Following an assassination attempt on Donald Trump, Trump-themed meme coins experienced notable price increases, benefiting some early investors. The Newest Member of the Club The cryptocurrency market has flashed green as of late, adding approximately $200 billion in...
Read More »YTD Digital Asset Inflows Surge to $17.8B, Shattering 2021’s Record
Amidst continued price weakness throughout last week, digital asset investment products saw significant buying activity, with inflows reaching $1.44 billion during that period. This brought the year-to-date (YTD) inflows to a whopping $17.8 billion, which shattered the previous record set three years ago. However, despite this strong inflow, CoinShares reported that trading volumes remained relatively low at $8.9 billion for the week, compared to the annual 7-day average of...
Read More »Ethereum Price Analysis: ETH Eyes $3.5K as ETF Launch Anticipation Grows
Ethereum has recently seen an uptick in demand near a crucial support level, leading to a notable rebound above the 200-day moving average at $3,134 and reaching the 100-day MA. This price action highlights the potential for a bullish reversal if the price recovers above the 100-day MA of $3,342. By Shayan The Daily Chart A detailed analysis of Ethereum’s daily chart reveals that after a prolonged bearish trend, the cryptocurrency briefly broke below the 200-day moving...
Read More »Scammer Gives Back $9.3M to Victim 10 Months after $24M Theft
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Read More »CoinShares: Record Weekly Inflows for Crypto Investment Products
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Read More »Avalanche: Die Blockchain-Revolution für Geschwindigkeit, Skalierbarkeit und Innovation
Avalanche ist eine dezentrale Open-Source-Proof-of-Stake-Blockchain mit Smart-Contract-Funktionalität. AVAX ist die native Kryptowährung der Plattform. Avalanche ist eine innovative Blockchain-Plattform, die sich durch ihre hohe Skalierbarkeit, Geschwindigkeit und Flexibilität auszeichnet. Im Gegensatz zu herkömmlichen Blockchains wie Bitcoin oder Ethereum, die oft mit Engpässen und hohen Transaktionsgebühren zu kämpfen haben, ermöglicht Avalanche eine nahezu sofortige...
Read More »ImmuneFi Report Reveals BNB Chain as the Home for Rug Pulls
ImmuneFi’s recent report stated that the Binance-launched BNB Chain has witnessed over $1.6 billion in the previous four years since its launch in 2020. 23% of those losses, or $368 million, occurred due to rug pulls, putting BNB Chain ahead of all other blockchains in terms of rug pulls. For instance, Ethereum has reported $3.6 billion in losses since its inception, while only 4.4%, or $158 million, was attributed to rug pulls. Rug pulls occur when shady developers launch tokens and sell...
Read More »Weekly Bitcoin Fees Fall to Lowest Level in 8 Months: ITB
Transaction fees on the Bitcoin network have continued to decline months after its latest peak during the halving event. Data from IntoTheBlock shows that fees on the leading crypto network have decreased by 18% this week after dropping 27% from the previous one. The continuous decline has placed Bitcoin fees at their lowest since November 2023. Bitcoin Fees Are Declining Three months ago, Bitcoin recorded the highest transaction fees among all protocols, including Ethereum....
Read More »Top Bitcoin (BTC) Price Predictions as of Late
TL;DR Bitcoin’s price fluctuated between $54,000 and $60,000 in the last seven days, with predictions of a surge to $90,000-$100,000 based on factors like Ethereum ETFs launch and Germany’s BTC sales. However, some analysts warn of potential price drops due to various factors. What’s Next for BTC? The primary cryptocurrency experienced enhanced volatility in the past week, with its price ranging from $54,000 to almost $60,000. Currently, it trades at around $58,000 (per...
Read More »Can XRP Flip ETH in the Event of a Ripple Victory Against the SEC (ChatGPT Speculates)
TL;DR Ripple’s XRP fell to around $0.44 after previously surpassing $0.70, with hopes for a price revival tied to the outcome of the SEC lawsuit. ChatGPT predicts that while a legal win for Ripple against the SEC could boost XRP, the asset would need additional boost to surpass ETH. Is It Possible? Ripple’s XRP experienced a significant price resurgence in mid-March, surpassing the $0.70 mark. Since then, though, it has been on a massive downfall, recently tumbling below the...
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