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Ethereum (ETH)

Investors Flock to Crypto AI Tokens RCOF and FET to Shield Against Bitcoin’s Slow Bleed

With Bitcoin’s price steadily slipping in recent weeks, a noticeable shift in investor behavior is taking hold. Crypto enthusiasts are seeking havens in projects perceived as more resilient to market fluctuations. Two tokens attracting significant attention in this climate are RCO Finance (RCOF) and Fetch.ai (FET).  The surge in interest in these digital assets begs the question: Can Crypto AI tokens offer the stability investors crave amidst the market slump? Read on to find out!  RCO...

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Could This Be the Next Pepe? New Meme Coin Pepe Unchained Hits $1M in Presale

Just when investors thought the meme coin craze had peaked, a new player bursts onto the scene. Pepe Unchained (PEPU) is drawing attention not just for its cheeky name but also for its ambitious plans in the blockchain space. With its presale already hitting the million-dollar mark, could Pepe Unchained be the next big meme coin? Pepe Unchained Revolutionizes Meme Coins with Layer-2 Blockchain Move over, average meme coins – there’s a new token here that’s bringing real...

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US SEC Chair Gensler Will Cause President Joe Biden to Lose the Election: Ripple CEO

Ripple chief executive officer Brad Garlinghouse has slammed Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), for his recent slander about most crypto executives going to jail. Garlinghouse stated in a tweet that Gensler and his approach to crypto regulation would cause U.S. President Joe Biden to lose the upcoming elections. Gensler on Crypto Execs During an interview with Bloomberg on Tuesday, Gensler spoke about the U.S. crypto...

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Ethereum ETFs To Haul $15 Billion Within 18 Months, Bitwise Predicts

Ethereum spot ETFs will accumulate over $15 billion in net inflows within their first 18 months of hitting the U.S. market, predicted crypto asset manager Bitwise on Wednesday. The firm’s year-and-a-half-long forecast would roughly match the net haul from Bitcoin ETFs ($14.4 billion) since their launch five months ago – from which excitement has helped drive BTC to new all-time highs. Calculating Ethereum’s ETF Flows Bitwise CIO Matt Hougan based his estimate on Bitcoin’s ETF...

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Cega Unveils Innovative DeFi Shark Fin Products

[PRESS RELEASE – Singapore, Singapore, June 25th, 2024] Cega, a leader in DeFi structured investment products, is thrilled to announce the launch of its latest offering—Shark Fin vaults. Cega aims to address a gap in the market for conservative investors and DeFi lenders that want to outperform existing lending rates, while protecting their principal and maintaining a delta-neutral profile. The “Bull Shark” vaults deliver on both these objectives. In addition, Cega supports...

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Crypto Security Tool Harpie Expands Theft Protection to Three New Blockchains

[PRESS RELEASE – New York, NY, United States, June 25th, 2024] The company expands flagship Ethereum mainnet support to accommodate rising user adoption of layer 2 blockchains. Harpie, a blockchain security suite that protects retail investors and their digital wallets from theft, today announces the expansion of their flagship Ethereum wallet protection to include coverage for assets on layer 2 blockchains Base, Polygon, and Arbitrum. Layer 2 market capitalization has surged...

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Ethereum Foundation Deviates From Historical ETH Selling Patterns

During previous bull markets, the Ethereum Foundation has demonstrated a keen ability to time the market with its ETH holdings. However, the foundation appears to have departed from this established pattern. Ethereum Foundation’s Unexpected Selling Restraint The Ethereum Foundation was found to have executed large sales of ETH near peak valuations in the past. This strategy has allowed the organization to capitalize on high prices and potentially secure funding for ongoing...

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Can Ethereum Flip Bitcoin? Major On-Chain Metrics Have The Answer

The recent impressive momentum of Ethereum (ETH) has reawakened the long-standing debate of Ethereum flipping Bitcoin (BTC). Is this ever going to happen? Well, several experts believe it’s a long shot, but ETH is poised to outperform Bitcoin (BTC) in the short term, as on-chain metrics show. In other news, a new Ethereum-based platform for trading tokenized ETFs, ETFSwap (ETFS), has taken the market by storm. Its ongoing presale has drawn massive interest from retail and institutional...

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MakerDAO Governance Delegate Loses $11 Million in Phishing Scam

The increasing phishing attacks in the crypto ecosystem have found their next victim. This time, a governance participant in the MakerDAO ecosystem lost $11 million in Aave Ethereum Maker (aETHMKR) and USDe tokens to an attacker who mercilessly siphoned the funds away from their wallet. They signed multiple transactions on a spoofed application, which was all that was needed for the hacker to make away with the $11 million. About 3,657 aETHMKR tokens got transferred in the process through a...

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BTC Drops By Over 4%, Taking Its Value Below $62,000

In a constant downward trajectory over the past week, BTC dropped by another 3% on Monday, taking its value below $62,000 and wiping out any gains it recorded last week. The crypto market lost about 7% in value. ETH, ADA, and BNB recorded about the same losses as BTC at over 4%. SOL dropped by 7%, and memecoins collectively fell by 5%. Analysts point to continuous miner selling activity as they continue liquidating their rewards after the Bitcoin halving. Whales and miners have sold over...

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