Since last weekend, the crypto market witnessed a renewed recovery trend as Bitcoin bounced from $60,000 to $67,000. ETH, the second-largest cryptocurrency, led this bullish momentum in the altcoin market, fueled by the debut of a spot Exchange Traded Fund (ETF) in Australia. As Uptober progresses, these five Ethereum tokens potentially help investors reach the…
The crypto industry’s largest asset manager, Grayscale Investments, has applied to convert its Digital Large Cap Fund into an ETF product. The Grayscale Large Cap Fund comprises of Bitcoin, Ethereum, Solana, XRP and Avalanche as its components. Grayscale and the Crypto ETF Backing The Digital Currency Group-affiliated firm is one of the major influences behind…
During Tuesday’s U.S. market session, the Aptos price analysis shows a 5% jump to hit a 6% month high of $10.7. The uptick offers APT buyers the next stepping stone for a potential extended rally, fueled by a golden crossover between the 50- and 200-day exponential moving averages. Could this altcoin follow SUI’s price rally…
According to a recent crypto market report from Coinbase and Glassnode, the rapid adoption of stablecoins and further development of Ethereum layer-2 scaling solutions are driving market maturation. Billions of dollars have continued flowing into the cryptocurrency market this year through spot crypto ETFs and increasing blockchain transaction volumes. Significant trading activity, robust on-chain metrics,…
Bitwise’s Chief Investment Officer (CIO) Matt Hougan has predicted that the Bitcoin price could reach a new all-time high (ATH) even before the US election. The Bitwise CIO’s prediction came as he acknowledged the impact Kamala Harris’ support could have on the market as the US presidential elections draw closer. Bitwise Predicts New Bitcoin ATH…
Coinbase stated on Tuesday that it wants the court to compel the US Securities and Exchange Commission (SEC) to produce documents explaining how securities laws describe cryptocurrencies. Through its consulting firm, History Associates Inc., the exchange filed a motion with the US District Court for the District of Columbia for leave to file a partial…
Shiba Inu (SHIB) has recently experienced a notable price surge, drawing attention to the meme-based cryptocurrency. However, analysts remain doubtful about its future, with one labeling SHIB a “relic of the past.” While still popular, concerns about its long-term sustainability continue to grow in the evolving crypto market. The crypto market today has sparked renewed…
Cardano Founder Charles Hoskinson has provided insights into what could be the next upgrade for the network following the unveiling of the Ouroboros Peras protocol. This came as Hoskinson admitted this potential upgrade is long overdue and added that it will “massively improve” the Cardano network. Cardano Founder Hints At What Next For Network Charles…
The popular Tap to earn game, HMSTR token, joined the crypto market a few weeks ago, but the Hamster Kombat price has failed to adhere to the user’s expectations. A mini-game launched on Telegram, gaining 300 Million users, has still failed to perform well in the crypto market. To many surprises, this downfall began days…
The crypto market speculations soared today on a potential RLUSD launch date, especially after Ripple shared major updates on its stablecoin. The blockchain firm has recently revealed the first exchange and platform for the upcoming launch of its stablecoin, gaining market attention. Besides, it also comes amid the ongoing legal battle between Ripple and the…