Potential Approval of Ethereum ETFs Could Trigger Shortage
TL;DR Approval of Ethereum ETFs by the SEC is expected, which could generate high demand for Ether. A large portion of the Ether supply is...
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Crypto Market Liquidations Reach $127 Million in 24 Hours
TL;DR In the last 24 hours, liquidations in the crypto market exceeded $127.22 million, affecting 57,670 traders. Long positions accounted for the majority of the...
The Surge of Solana: Factors Fueling the Rally
TL;DR Meteoric Rise: Solana (SOL) surged by 15%, surpassing Bitcoin and Ethereum. Key factors include breaking the $150 resistance, trading above the 100-hourly moving average, and strong...
Bitget Launches $10M Ecosystem Fund and Expands Onchain Layer
TL;DR Bitget launches $10 million ecosystem fund denominated in its native token, BWB. The goal is to create an on-chain ecosystem with various integrated DApps....
Animoca Brands Japan and Quidd will launch digital collectibles of ‘FAIRY TAIL’
TL;DR Animoca Brands Japan and Quidd to release “FAIRY TAIL” digital collectibles. The collection will include 29 characters from the manga and will be available...
Trump to End Hostility Towards Cryptocurrencies in the United States
TL;DR Trump promises to end hostility towards cryptocurrencies and create a conducive environment for related businesses in the U.S. He expressed concern about the possibility...
Benjamin Cowen’s Analysis: Challenges and Potential of Ethereum
TL;DR Analyst Benjamin Cowen warns that Ethereum faces challenges and could see declines in the coming months. Cowen suggests that Ether’s value could rise only...
ETF Market Dynamics: A Tale of Inflows, Outflows, and Tokenization
TL;DR Inflows and Deceleration: ETFs played a crucial role in the recent cryptocurrency rally, accumulating billions in inflows since January. However, in April, there was...
Coinbase Announces Staggering First-Quarter Revenue of $1.6 Billion
TL;DR Coinbase’s Robust Growth: Coinbase, the leading US cryptocurrency exchange, announced a staggering first-quarter revenue of $1.6 billion, marking a 72% increase from the previous...
Block, Jack Dorsey’s Company, Under Federal Investigation
TL;DR Federal investigations are examining financial transactions in Square and Cash App, Block’s main units. A former employee has provided internal documents addressing deficiencies in...