Ethereum is seeing a turnaround in sentiment owing to the SEC approval of a spot Ether ETF that is set to go live sometime next month. According to CoinShares’ latest report, Ethereum-based investment products experienced a second consecutive week of inflows marking a reversal from a 10-week outflow streak amounting to $200 million. Over the past week, Ethereum saw $33.5 million in inflows which pushed its monthly inflows upwards of $21 million. Altcoins Follow Ethereum’s...
Read More »Hidden Details Pointing to a Potential ETH Price Rally to $4K: Ethereum Price Analysis
Ethereum’s price has spiked significantly following its ETF approval. However, the market is yet to break its recent high. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price broke above the large descending channel back in May. However, it has been consolidating between the $3,600 and $4,000 levels since, failing to continue its upward trajectory. Yet, with the Relative Strength Index still showing values above 50%, the momentum is seemingly...
Read More »Australia to Debut First Spot Bitcoin ETF on June 4
[unable to retrieve full-text content]CoinspeakerAustralia to Debut First Spot Bitcoin ETF on June 4 Monochrome emphasized that IBTC will be the first and only ETF in Australia to hold Bitcoin (BTC) directly. Australia to Debut First Spot Bitcoin ETF on June 4
Read More »Velocore DEX Offers Exploiter 10% White Hat Bounty after $6.8M Hack
[unable to retrieve full-text content]CoinspeakerVelocore DEX Offers Exploiter 10% White Hat Bounty after $6.8M Hack The protocol reached out to the hacker via an on-chain message, offering a 10% white hat bounty for the return of the remaining funds by June 3, 2024, 08:00 UTC. Velocore DEX Offers Exploiter 10% White Hat Bounty after $6.8M Hack
Read More »BlockDAG’s Global Events Propel Early Mainnet Launch: Surpasses Ethereum’s Gains & Solana’s Earnings with 10.3B Coins Sale
As Ethereum enjoys a boost from newly approved spot ETH ETFs, drawing significant investor interest, Solana’s validators are also set to increase their earnings from enhanced transaction fees due to a recent fee adjustment approval. Amid these developments, BlockDAG has dazzled the cryptocurrency world with its prominent global events in places like Piccadilly Circus and Shibuya Crossing, dramatically boosting investor confidence and propelling its presale achievements. Now, in presale Batch...
Read More »RCO Finance (RCOF) vs. Dogecoin20 (DOGE20) – A Strategic Comparison of Market Impact
Cryptocurrency investors are constantly seeking opportunities that offer both innovation and potential for significant returns, and two such projects that are making waves in the market are RCO Finance (RCOF) and Dogecoin20 (DOGE20). While both projects have garnered attention for their unique features and offerings, a strategic comparison can illuminate their respective market impacts and investment potentials. Dogecoin20 (DOGE20): Riding the Waves of Memecoins Dogecoin20, a...
Read More »Tron (TRX) Faces Dip While AVAX Rises: Why BlockDAG Is The Best Long-Term Crypto Investment For 2024
The crypto market is as volatile as ever after the recent approval of Ethereum ETFs. Altcoins like Avalanche and Fantom are making headlines with significant whale movements, while Tron faces a potential price correction. Meanwhile, BlockDAG (BDAG) is emerging as a standout layer 1 coin in the crypto ecosystem. BDAG is ushering in a new era by combining Directed Acyclic Graphs (DAGs) with traditional blockchain security, offering unmatched transaction speeds and scalability. This...
Read More »KKminer launches free cloud mining service, register and get $10 immediately to earn passive income easily every day
KKminer, a well-known player in the cloud mining industry, has launched a breakthrough innovation aimed at democratizing cryptocurrency mining and increasing profitability. KKminer is committed to changing the digital currency mining landscape with its advanced technology and intuitive interface. The latest product makes it easy for everyone to mine popular cryptocurrencies such as Bitcoin, Ethereum and Litecoin, removing the barriers of expensive hardware and technical expertise. Utilizing...
Read More »Bitcoin (BTC) Price Recovers From a Weekly Low, Ethereum (ETH) Eyes $3.8K (Weekend Watch)
After a few days of sideways trading, bitcoin’s price headed south on Friday and slipped to a weekly low of around $66,600 before it recovered approximately a grand. The altcoins are quite sluggish today, with ETH gaining about 1% of value and closing down on the $3,800 mark. BTC Recovers The start of the business week went under the total domination of the bulls as they drove the primary cryptocurrency from under $69,000 to a weekly high of over $70,500. As hope started to...
Read More »Ethereum’s Vitalik Buterin Donates 30 ETH to Support Tornado Cash Devs’ Legal Defense
Ethereum co-founder Vitalik Buterin donated 30 ETH, valued at around $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm through the decentralized fundraising platform Juicebox. According to the on-chain data, the transaction from an address linked to Buterin, named vitalik.eth, was made at 1:58 am EST on May 30 to the “Free Alexey & Roman” legal fund on Juicebox, which had raised 595.82 ETH, worth approximately $2.2 million....
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Ethereum (ETH)
