Category

Crypto Market Frenzy Returns: Bitcoin Hits New High, Dogecoin Doubles in a Week, Ethereum Rebounds StronglyThe cryptocurrency market, which trades 24/7, 365 days a year, has experienced a remarkable surge in recent times. Bitcoin reached a new all-time high of $81,730 this morning, Ethereum broke through $3,200, and Dogecoin (DOGE) and Shiba Inu (SHIB) soared over 20% in a single day, with DOGE nearly doubling in value over the past week

Ethereum's Changing Hands: Who's in Control of the Future?Ethereum's transition from Proof-of-Work (POW) to Proof-of-Stake (POS) is not just a technical upgrade; it signifies a reshuffling of market forces, a "changing hands" game impacting Ethereum's future.The Ethereum Foundation is Not the "Operator"Many mistakenly believe the Ethereum Foundation is the dominant player manipulating the Ethereum market

Ethereum is like Amazon in the 90s: Huge potential, but use cases haven't fully emerged yetAn executive at 21Shares says Ethereum may follow a similar trajectory as Amazon, breaking existing boundaries and surprising us with revolutionary use cases we cant even imagine today. Just like few could have predicted that an online bookstore would grow into a global e-commerce and cloud computing giant, Ethereums potential is not yet fully grasped by Wall Street investors

Giant Whale "Panic Sells" 2,019 BTC, Smart Money Heavily Accumulates ETHYesterday, after the price of $BTC dropped, a giant whale conducted a "panic sell," offloading 2,019 $BTC in a single transaction, worth approximately $141.5 million

Ethereum (ETH) Rebounds From Key Support, Institutional Investors Continue AccumulationEthereum (ETH) declined over 1% on Friday, but a key technical support level suggests a bounce from $2490, with signs of accumulation evident in on-chain metrics.Institutional Investors Continue to Flood into EthereumDespite the broader market correction, Ethereum exchange-traded funds (ETFs) saw a net inflow of $13 million on Thursday, marking three consecutive days of inflows, highlighting the gradual allocation of institutional funds to ETH

BlackRock Bitcoin Fund Sees Record Inflows on Single Day, 'Trump Trade' Sparks Market Interest?On Wednesday, BlackRock's iSharesBitcoinTrust exchange-traded fund (ETF) saw a record high net cash inflow, with approximately $872 million pouring in. This staggering figure places the fund, which was established only nine months ago, among the top ETFs globally in terms of subscription volume for 2024

Solana ETF Mania Continues: Canary Capital Joins the Race, Following in the Footsteps of Bitcoin and Ethereum ETF ApprovalsCanary Capital, a new digital asset management firm, has applied to launch a spot Solana exchange-traded fund (ETF) in the United States, joining a growing list of hopefuls including VanEck and 21Shares, further fueling the momentum behind Solana ETFs. Canary Capital's move comes on the heels of the SEC's approval of Bitcoin and Ethereum ETFs, indicating growing institutional investor interest in Solana

October's Bullish Surge: BTC Rises Over 14%, Whales Continue Accumulation, MrBeast Controversy Sparks AttentionOctober witnessed a robust bull run in the crypto market. Bitcoin (BTC) soared by a remarkable 14

Bitcoin "Golden Cross" Resurfaces, Institutional and Retail Demand Rise in Tandem, Market Outlook PositiveBitcoin (BTC) has recently exhibited robust performance, forming a crucial technical pattern known as the "Golden Cross." This signal, which occurs when the 30-day moving average (30-DMA) crosses above the 365-day moving average (365-DMA), is generally perceived as a strong bullish indication for the market

Bitcoin Dominance Rises, Altcoin Season Possibly Delayed: ETF Inflows Drive Bitcoin RallyBitcoins dominance in the cryptocurrency market is steadily rising, potentially dimming expectations of an altcoin season ahead of the US presidential election. According to the Bitcoin Dominance Index (BTC

Is Ethereum's correction a buying opportunity? Don't be fooled by the "Ethereum is trash" lie!Recently, a picture has been circulating on social media, with some people using it to claim Ethereum is "trash" and devalue its worth, arguing that its price performance is weaker than Bitcoin's. The picture shows a comparison of Bitcoin and Ethereum prices at different points in time, with Bitcoin repeatedly breaking through $70,000 while Ethereum consistently declines, attempting to prove Ethereum's weakness

With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?On Friday, Bitcoin's price dipped to $71,440 after US stock markets opened, subsequently rebounding and hovering around $72,300. Bulls are trying to gather strength and launch another attack, aiming to break through the previous high