Yesterday’s launch of futures-based Ethereum (ETH) exchange-traded funds (ETFs) delivered underwhelming results, with shallow trading volumes indicating a deficient demand for ETH exposure. Furthermore, a recent report by The Wall Street Journal report by The Wall Street Journal, it was revealed that the launch of the first Ethereum exchange-traded funds on Monday generated little interest…
In the middle of escalating tensions between Israel and Hamas, over 100 legislators, led by Senators Elizabeth Warren and Roger Marshall and Representative Sean Casten, have issued a bipartisan note urging the Biden administration to address alleged close relations between crypto and terrorism. The lawmakers express alarm over reported evidence suggesting that Hamas successfully evaded…
Paul Brody, a prominent figure in the blockchain community and the Global Blockchain Leader at Ernst & Young (EY), recently shed light on the burgeoning demand for crypto, with Bitcoin taking the limelight. Earlier today, during a CNBC interview, Brody emphasized the heightened interest, particularly from family offices. Family Offices Lead The Charge According to…
In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT). The lawmakers, led by Senator Cynthia Lummis, reference a controversial Wall Street Journal (WSJ) report that alleges Hamas and its affiliate raised significant funds through cryptocurrencies. …
THORChain’s price has been up by over 100% since the last week of October, hitting levels not seen since May 2022. This is an amazing increment in price. But caution is advised since RUNE, an altcoin, seems overbought, possibly signaling a 20% drop in the near future. At the time of writing, RUNE was trading…
A crypto expert has disclosed a bullish outlook for the XRP price during the upcoming bull run, highlighting XRP’s advantage over other altcoins due to its lack of ties with China’s CCP. Crypto Influencer Predict XRP Bull Success A crypto influencer on X (formerly Twitter) called BoringSleuth has expressed his sentiment about XRP’s potential success…
Crypto analyst Ali Martinez has noted Cardano (ADA) is open to an unprecedented rally. Price activity suggests that Cardano is moving into a state of consolidation, which coincides with a moderate decline in the general cryptocurrency market. Nevertheless, the analyst is of the opinion that Cardano’s current consolidation is similar to one it had prior…
Dan Gambardello, the founder of Crypto Capital Venture, has provided some insights into the future trajectory of Cardano (ADA). Interestingly, he hints that the crypto token could reach unprecedented heights that will change the lives of Cardano holders. When ADA Price Will Rise To $11 In a video shared on YouTube, Gambardello sounded bullish about…
The general crypto market has recorded a slight boost in the last week as market leader Bitcoin surged by 4.44% to trade above the $39,000 price mark. As bullish sentiments continue to rise, popular crypto analyst Austin Arnold has now highlighted four tokens that offer investors a high potential for profitability in the coming weeks.…
Crypto analyst Dark Defender has also weighed in on the recent narratives revolving around the XRP tepid price action. The analyst is choosing not to listen to any of those as he is confident that the future trajectory of the XRP token is bullish. No Need To Listen To FUD In a post on his…