Ethereum (ETH)

Leveraging the capabilities of Chainlink CCIP, DTCC’s Smart NAV pilot represents a significant advancement in blockchain application, boosting data interoperability across various platforms. At the same time, Ethereum’s market presence is being bolstered by the approval of Ethereum ETFs.  Yet, the real star is BlockDAG, whose recent keynote at Shibuya Crossing has driven its presale to an impressive $36 million and sparked $2.83 million in mining rig sales. With a price of $0.0095, BlockDAG...

In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly dropped from 7% in March to 6.07% this month. The fall was due to crypto assets recovering in price after...

Blockchain analysis firm Nansen has identified DBS Bank, one of Singapore’s largest banking institutions, as a cryptocurrency whale. According to Nansen, a crypto wallet reportedly owned by DBS Bank holds 173,753 Ether (ETH), valued at around $650 million at the current market price. DBS Sitting on a $200M Profit? Nansen’s analysis states that the address, flagged on May 30, has already generated a paper profit of $200 million from its Ether holdings. We’ve identified this...

The realm of innovation often steals the limelight, and within this space, both Ethereum Classic and Reserve Rights have registered appreciable gains, demonstrating solid market potential. Amidst these developments, BlockDAG distinguishes itself by leveraging breakthrough Shibuya presentations and pioneering mining technology, transcending conventional market expectations. While Ethereum Classic consolidates its position by introducing a new stablecoin, and Aptos targets ambitious valuations,...

Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater flexibility and control over their transactions and holdings. PayPal Brings PYUSD to Solana According to the official announcement, PayPal highlighted Solana’s ability to handle a massive volume of transactions at high speeds and extremely low costs as a key driver...

The Technological advancement of the Cryptocurrency ecosystem continues to take new dimensions as it sees new innovations and opportunities for investments. According to the crypto forecast, Ethereum’s top target is set at $10,000, Solana at $300, and Algotech at $10, these three have been considered the top most promising investment opportunities after the AI Exchange launch.  Ethereum Top Target Set at $10,000 As Ethereum is set for $10,000, the ETH price is engineered by various factors....

Amidst the buzz surrounding Ethereum’s ETF approval and the bullish outlook for Hedera (HBAR), BlockDAG has carved a significant niche in the cryptocurrency market. With its innovative Directed Acyclic Graph (DAG) technology and strategic global displays from Tokyo’s Shibuya Crossing to London’s Piccadilly Circus, BlockDAG has propelled its presale to $34 million.  This robust performance, reflecting an 800% price increase, positions BlockDAG on a promising path to reach $30 by 2030, making...

The SEC’s recent approval of the first spot Ethereum ETF sparked an Ethereum price rally. However, a potential rejection could dampen this momentum. Meanwhile, Polimec has introduced a decentralized funding protocol to democratize early-stage funding for Polkadot ecosystem projects. In contrast, BlockDAG’s presale, currently in Batch 15, has amassed $34.7 million, significantly boosted by a viral keynote video launched at Shibuya Crossing. This video showcased BlockDAG’s integration with...

Last week was memorable for the crypto community. Over four months after it approved similar products for Bitcoin, the United States Securities and Exchange Commission (SEC) gave a green signal to the first wave of spot Ethereum exchange-traded funds (ETFs). According to the latest Bitfinex Alpha report, the crypto market’s reaction to the event was akin to a rollercoaster due to the incidents surrounding the approval. Both bitcoin (BTC) and ether (ETH) experienced...

Ethereum has been hovering near the $4,000 mark, driven by a major turnaround in the US Securities and Exchange Commission’s (SEC) decision to approve spot ETH ETFs. This development has fueled trader optimism about the leading altcoin’s price trajectory. However, increased inflows of ETH into cryptocurrency exchanges could spell trouble. ETH Inflows Signal Selling Trend ETH has gained almost 20% over the past month. The resurgence in its performance has been mainly...