Pandora, an unofficial ERC-404 standard, has become the latest sensation since its launch on February 2nd. In just a week, this new Ethereum token’s fully diluted valuation surged above $320 million while its total trading volume climbed 73,024 ETH, which is worth around $190 million. Currently, Pandora’s price stands at above $21,000, marking a 32% decline from its all-time high. According to the latest Nansen report shared with CryptoPotato, 1,420 distinct owner wallets are...
Read More »Crypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T
CoinspeakerCrypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T Multiple crypto stocks jumped in premarket following Bitcoin's continuous rise past the $51,000 mark as ETFs receive large inflows. Crypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T
Read More »Binance Adds 24 New dApps on Binance Web3 Wallet
CoinspeakerBinance Adds 24 New dApps on Binance Web3 Wallet The Binance Web3 Wallet strives to simplify users' experience and convenience as they transition between CeFi and DeFi with extra options on the DeFi side. Binance Adds 24 New dApps on Binance Web3 Wallet
Read More »Peter Thiel’s Fund Back into Bitcoin and Ether, Sparking Silicon Valley’s Crypto Interest: Report
Founders Fund, the venture capital enterprise founded by billionaire Peter Thiel, is reportedly reinvesting in Bitcoin and Ether, as per reports. This move by the San Francisco-based venture capital firm, which has roughly $12 billion in total assets under management as of 2023, marks a resurgence of Silicon Valley’s interest in the crypto market. Silicon Valley’s Crypto Comeback According to sources familiar to Reuters, Founders Fund dedicated $200 million in the past year...
Read More »Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum
Cathie Wood, founder of ARK Investment Management, has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) stance on approving spot exchange-traded funds (ETFs) following cryptocurrencies beyond Bitcoin and Ethereum. Wood’s sentiment was echoed in her recent remarks on WSJ’s Take On the Week podcast: “We’d be surprised to see anything but Bitcoin and Ether being approved by the SEC.” Franklin Templeton Joins the ETF Race This sentiment follows...
Read More »ETH Soars 12% Weekly as Bulls Start Looking at $3K (Ethereum Price Analysis)
Ethereum’s price has been rallying aggressively over the past few days. Yet, the market is approaching a strong resistance level that could determine the mid-term fate of ETH. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rallying since a rebound from the $2,200 zone. The $2,400 resistance level has also been broken with ease. Currently, ETH is climbing toward the $2,700 resistance level and the higher boundary of the large ascending...
Read More »Umoja Releases Beta of Its Crypto Hedging Solution
CoinspeakerUmoja Releases Beta of Its Crypto Hedging Solution At present, Umoja only supports CeFi-based hedging, but with v2 of its beta, it will turn its attention to DeFi. Umoja Releases Beta of Its Crypto Hedging Solution
Read More »Bitcoin Traders Snap Up Options at $65K and Above on Deribit
CoinspeakerBitcoin Traders Snap Up Options at $65K and Above on Deribit The surge in options trading at prices exceeding $65,000 on Deribit reflects the growing confidence among traders in Bitcoin's potential for further gains. Bitcoin Traders Snap Up Options at $65K and Above on Deribit
Read More »Ethereum Price Analysis: ETH Surges As Bulls Aim For $2,800
Ethereum price is moving higher above the $2,500 resistance against the US Dollar. ETH price is now trading above $2,550 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,580 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,540 support zone. Ethereum price is rising above the $2,600 level against the US Dollar. ETH/USD could rise further if it clears the...
Read More »Farcaster’s Revenue Surges to $600,000 Following Frames Integration
Farcaster, an Ethereum Layer 2 Optimism-based decentralized social protocol, has seen its total revenue surge to $600,000. The platform’s rise has been likened to FriendTech, another decentralized social network, which attracted a lot of users initially until it grappled with high fees that led to its failure. Farcaster’s Growth Surges with Frames Integration Farcaster initially caught users’ attention in early December 2023 and saw a modest increase in users paying for...
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