Bitcoin, the flagship cryptocurrency, is currently experiencing a trend that suggests further growth in the ongoing bull market. Despite the recent price decline, key fundamentals indicate a strong potential for Bitcoin’s value to rise in the future. Data from the on-chain analysis platform, CryptoQuant, indicates a significant drop in the supply of Bitcoin on exchanges
Solana (SOL) experienced a brief wobble in the market with an 11% dip early in the morning, causing concerns about a potential crash. This came just hours after surpassing Ethereum in 24-hour trading volume. Despite this setback, SOL has stabilized somewhat, with losses now standing at 4.1% and currently trading at around $171. The fluctuation
Coinbase Inc. has found itself in the midst of a legal battle against the U.S. Securities and Exchange Commission (SEC) as they seek to establish clear regulatory guidelines for the crypto industry. Notable supporters, including Paradigm, the Crypto Council for Innovation, and other organizations, have submitted amicus briefs to the circuit court in support of
The recent sharp decline in the price of Bitcoin has sent shockwaves through the cryptocurrency community. Prominent figures such as Alex Krüger have highlighted several key factors contributing to this significant drop. According to Krüger, the crash can be attributed to excessive leverage in the market, Ethereum’s negative influence due to ETF speculations, a decrease
In a recent development, Sequence, a blockchain-based Web3 game development platform, has teamed up with Google Cloud to offer gaming tools and solutions to Google Cloud users. This strategic collaboration aims to simplify the complexities of Web3 technology and provide a seamless experience for both developers and players. According to Jack Buser, Director for Games
In a groundbreaking collaboration, Australian venture capital firm King River Capital, along with blockchain gaming firm Immutable and Polygon Labs, have come together to launch a $100 million gaming fund. This fund, named the “Inevitable Games Fund,” is set to revolutionize the gaming industry and provide high growth opportunities for investors. According to data from
Amidst the recent frenzy in Solana meme coin markets, the Kermit token has gained significant attention due to its frog theme, aligning it with popular tokens like Pepecoin (PEPE). The price of KERMIT has surged dramatically, reaching $0.020 with a 24-hour change of +533,106%. The coin saw a staggering increase of +600,000% in its initial
As Bitcoin price continues to decline, investors are growing anxious about the future of their investments. The price has extended its decline below the $65,000 support and is now struggling to stay above the $62,000 support zone. This downward trend has caused concern among traders and investors who are now closely monitoring the market. Bitcoin
The recent regulatory filings from the US SEC have revealed a concerning delay in the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs). Investment firms like VanEck, Ark Invest, Hashdex, and Grayscale, along with Fidelity, have all faced setbacks in their attempts to launch Ethereum ETFs. This delay has sparked discussions within the
The recent Bitcoin price crash has sent shockwaves through the crypto industry, catching many investors off guard. However, some analysts, such as Rent Capital, were able to anticipate this decline based on Bitcoin’s historical halving trend. According to Rest Capital’s analysis, Bitcoin typically experiences a significant price drop in the months leading up to its
