Ethereum (ETH)

Digital asset investment products experienced a second consecutive week of outflows shedding $1.2 billion which amounted to $584 million. According to CoinShares, this could potentially be a result of the pessimism amongst investors regarding potential Fed interest rate cuts this year. Altcoins See Inflows Amid Market Weakness Bitcoin bore the brunt and remained the primary focus with $630 million in outflows, although short positions did not increase significantly, as per...

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ONI DEX is poised to become the largest and most innovative decentralized exchange (DEX) in 2024, bringing together a suite of groundbreaking features that set it apart in the DeFi landscape. With its multi-chain capabilities, pioneering support for the GALA Chain, dynamic launchpads, the ONI Token sale, and the innovative Spheres passive income model, ONI DEX is set to revolutionize how users interact with digital assets and blockchain technology. Additionally, the platform’s social...

The cryptocurrency industry is often described as a risk-on asset class that tends to underperform in times of economic uncertainty. Although the stock market also falls in this category, at least to an extent, it has been on a wild run in the past few weeks, with multiple new all-time highs from the most prominent indexes. At the same time, crypto has suffered and the largest digital asset have plummeted since March. US Stock Market on a Roll Perhaps driven by the hype...

Institutions that applied for issuing ETH ETFs in the US submitted their S-1 applications to the Securities and Exchange Commission (SEC) on June 21. Many assume ETH ETFs are days away from launch and can come as soon as the first week of July before the US Independence Day celebrations. Late last month, it approved the first round of applications, the 19b-4 filings submitted by the financial institutions. It then asked them to clarify its questions before submitting the S-1 applications....

The cryptocurrency market experienced a 10% decline overnight, while meme coins like Pepe Coin (PEPE), Dogwifhat (WIF), and Alex The Doge (ALEX) surged by 12%. This unexpected trend has sparked interest from investors and analysts. The article explores the market downturn, the resilience of meme coins, and provides a detailed analysis of Pepe Coin (PEPE), Dogwifhat (WIF), and Alex The Doge (ALEX), along with expert opinions on future trends. The Market Downturn: A Brief Overview The...

The crypto market is experiencing a downturn as Bitcoin extends its losses, with Ethereum (ETH) and Solana (SOL) facing a price decline due to the pressure. Meanwhile, Algotech (ALGT) has garnered attention for successfully raising over $9 million in its presale. With the presale almost ending, ALGT offers an enticing opportunity for investors seeking higher profits. Can ALGT outperform ETH and SOL in achieving this feat? Let’s find out! Algotech Presale: ALGT Nears its Launch Price With...

The world’s number one and two leading cryptocurrencies by market capitalization, daily transaction volume, and crypto exchange volume have almost perfectly tied for ROI from Jan. 1 through the middle of June. For comparison, the S&P 500 Index notched up nearly 15% over that same period. But that’s more than the broad stock market benchmark usually makes in an entire year. So even during an unusually good two quarters for U.S. stocks, Bitcoin and Ethereum delivered...

With innovations emanating from the AI sector, this industry is poised to dominate the ongoing crypto bull run. RCO Finance (RCOF) demonstrates this assertion by introducing its AI-powered robo advisor, designed to enhance users’ investment strategies.  The technology will transform the way investors approach investing, guaranteeing financial freedom. Likewise, Near Protocol (NEAR) and Injective (INJ) have unveiled partnerships and good reports, presenting them as the best altcoins to buy...

This week was very exciting in terms of developments within the cryptocurrency industry. In the following, we take a look at some of the most important crypto news from the last seven days. Let’s dive in. Most Important Crypto News This Week The list is chronological, starting from June 15th. Crypto Investments Hit $1 Billion in May With Ethereum Dominating. According to a report published by KuCoin Research, the crypto industry saw a public disclosure of around 156...