Ethereum (ETH)

As the crypto community awaited BTC to push past its all-time high (ATH) of $73,738, with it inching closer to $72,000, the asset’s price quickly dropped to around $68,500 during the weekend. It now fluctuates over $69,000. The price drop has wiped off most of the gains BTC witnessed the past week, cooling off the momentum it was gaining to set a new ATH. BTC’s reductions come after a massive selloff that saw over $450 million in liquidations as the US government issued its employment report...

After days and days of registering gains and testing the $72,000 price tag, bitcoin reversed its trajectory on Friday and slumped by more than three grand in hours. The question arises as to why this happened since the inflows into the US-based ETFs keep coming. The Bitcoin ETF Impact It’s safe to say that the biggest and most vital news in the cryptocurrency industry this year has been the ETFs the US Securities and Exchange Commission greenlighted in January. Not the...

The popular on-chain sleuth highlighted in his Telegram channel the latest fraudulent activity that involved an early investor in the Solana-based meme coin – ANDY. It’s also worth noting that Pepe’s best friend’s price has plummeted by more than 20% in the past day alone. ZachXBT Investigation of ANDY DrainerAs the graph above demonstrates, the exploiter drained approximately $2 million worth of meme coins on Friday in several transactions. They began swapping half of the...

In den letzten Jahren hat der Kryptowährungsmarkt enorme Aufmerksamkeit und Investitionen auf sich gezogen. Bitcoin, Ethereum und andere digitale Währungen haben beeindruckende Höhen erreicht und dabei einige frühe Investoren reich gemacht. Doch die Frage, die sich viele stellen: Ist der Zug mittlerweile abgefahren? Lohnt es sich noch, in Kryptowährungen zu investieren? Historische Volatilität und aktuelle Trends Die Geschichte der Kryptowährungen ist geprägt von extremer...

In a surprising turn of events on May 21, the SEC requested exchanges like NASDAQ, NYSE, and CBOE to fine-tune their application filings for ETH ETFs. Now, Gary Gensler’s comments state that final approvals may be very close. With BTC ETFs approved a little over five months earlier, the crypto industry rejoiced when the SEC asked for ETH ETF filings and approved it on May 23. This first step in greenlighting the ETFs required exchanges to submit their 19b-4 filings to the agency. The next...

The cryptocurrency market has taken a u-turn in the past hour, with the majority of coins dropping considerably. Bitcoin’s price now trades below $70K, while the market sees close to $200 million worth of liquidated positions. BTC took a sudden hit as its price plummeted below $70K following what many considered a renewal of the bull run. Source: Binance via TradingView As seen in the chart above, the move was relatively sudden, completing a decline of around 2.5% in the past...

Following the recent rally of the broader crypto market, a large percentage of the circulating supply of most cryptocurrencies is currently in profit. Market intelligence platform Santiment has revealed that bitcoin (BTC) and ether (ETH) are the top dogs in terms of long-term investment profitability, surpassing assets like Chainlink (LINK), Dogecoin (DOGE), Ripple (XRP), and Cardano (ADA). Crypto Assets in Profit The percentage of a cryptocurrency’s supply in profit is...

SEC Chair Gensler has voiced concern over unethical conduct within crypto exchanges, noting that the introduction of spot Ethereum ETFs will require additional time. Gensler’s comments were made during a June 5 interview on CNBC, where he also responded to Jim Cramer’s inquiries about potential exchange-traded products for cryptocurrencies beyond Bitcoin and Ethereum. Gensler Criticizes Crypto Exchanges Gensler stated that while the SEC had approved the associated 19-4b...

Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has emerged once more as the top real-world asset with the most development activity in the last 30 days. According to a tweet by Santiment, LINK is followed by Synthetix (SNX), Centrifuge (CFG), and Oraichain (ORAI). Top RWAs With the Most Development Real-world assets are cryptocurrencies that represent physical assets like properties and objects. Like other crypto assets,...

Gary Gensler – chairman of the US Securities and Exchange Commission (SEC) – sat down with CNBC’s Mad Money host Jim Cramer on Wednesday to discuss the regulator’s Bitcoin and Ethereum ETF approvals, alongside what may be coming next. That included questions about whether obscure meme coins could soon receive their own ETFs, such as SushiSwap (SUSHI) and Bonk (BONK). Cramer named a host of coins to Gensler that had all traded “millions of dollars” on Wednesday morning –...