Grayscale Withdraws Ethereum ETF Application
TL;DR Grayscale withdrew its application for an Ethereum futures ETF, causing confusion among investors. The withdrawal could be strategic to protect Grayscale’s application for a spot ETF. The…
Cryptocurrency
News about Cryptocurrencies
In this section you will find the latest news about all the most important cryptocurrencies, including Bitcoin and the rest of altcoins.
Cryptocurrencies are digital money created using blockchain technology. Each of these digital currencies has its own market price and its price fluctuates according to supply and demand.
Cryptocurrencies are not regulated by any government or financial institution, as they aim at decentralization. This means that the community itself regulates the market, without the intervention of other public or private organizations.
More from this category
Bitcoin Losing Dominance: Is It Altcoins’ Time?
TL;DR Decline in Bitcoin dominance: Possible opportunity for altcoins. Reduction in demand for Bitcoin: Slowdown in the growth of long-term holdings and increase in…
Massive Purchase of 1.75 Trillion SHIB Tokens on Robinhood
TL;DR Mass purchase of 1.75 billion SHIB tokens on Robinhood by an anonymous whale. Bullish breakout potential of SHIB price according to market analysis.…
Bitcoin Plummets While Miners Continue to Hold Ground
TL;DR Despite the decline in Bitcoin miners’ revenues, there are no signs of capitulation, according to CryptoQuant’s Ki Young Ji. The mining industry faces…
Ethereum and altcoins could face correction according to Benjamin Cowen’s analysis
TL;DR Analyst predicts a major correction in Ethereum and altcoins. A possible capitulation of the market is expected after a last bullish push. It…
Circle’s USDC Surpasses Tether’s USDT: A Shift in Stablecoin Preference
TL;DR Circle’s USDC Surpasses USDT: In April 2024, Circle’s USDC saw 166.6 million transactions, surpassing Tether’s USDT’s 163.6 million transactions. Over the past week,…
Runes Boost Bitcoin Transaction Fees Post-Halving
TL;DR Bitcoin transaction fees are on the rise post-halving, thanks to the introduction of Runes on the network. Greg Beard from Stronghold Digital Mining…
Solana Trader Turns $49,000 into $2 Million in 5 Hours
TL;DR A Solana (SOL) cryptocurrency trader converts $49,000 into $2 million in 5 hours, earning profits of 41 times his investment. The trader acquires…
Bitcoin: Continuous Improvements in Liquidity Drive Growth Expectations
TL;DR The Bitcoin market has experienced improvements in liquidity since the collapse of FTX, especially with the approval of Spot ETFs. Liquidity refers to…
Ethereum on Thin Ice: Potential Mass Liquidations
TL;DR More than $510 million in long Ether positions could be at risk if last weekend’s volatility repeats itself. Uncertainty over the possible rejection…
Hong Kong Approves BTC and ETH ETFs and Prepares for Fee War
TL;DR The Hong Kong Securities and Futures Commission (SFC) has approved three new Bitcoin and Ethereum ETFs, which will start trading on April 30…