ETFs are the newest trend in the cryptocurrency realm. Exchange-traded funds are now one of the biggest events in the crypto world, having the ability to lure seasoned investors into the sector. With crypto ETFs in the mix, the market can experience a stark overhaul, a positive one on top of it, which can usher
(MENAFN) On Tuesday, July 9, 2024, the cryptocurrency market experienced a collective rise in prices, spearheaded by Bitcoin, following a period of significant decline that had left trading platforms awash in red. Despite earlier forecasts suggesting that Bitcoin could reach the USD100,000 mark by the end of the year,
With Bitcoin hitting the $54K mark this morning, analysts and investors are currently echoing strong buy calls across all social platforms. The cryptocurrency realm is full of unprecedented interventions as volatility prevails throughout the sector. However, for some bold investors, the current market bearish sentiment may prove to be a blessing in disguise. Here are
Ethereum price remained in a bearish zone below $3,250 zone. ETH dived below the $3,000 support and even tested the $2,850 zone. Ethereum started a fresh decline below the $3,120 and $3,000 levels. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance
With Bitcoin stabilizing at $61K recently, several crypto analysts are now busy pushing new predictions, claiming that BTC may soon ascend to a peak at $75K. Amid all this, a leading financial behemoth, Standard Chartered, has come up with a new prediction that states BTC’s momentum may soon pick up, eventually sailing past $100,000 by
Bitcoin’s price could reach a new all-time high in August and potentially climb to $100,000 during the U.S. presidential election in November, according to a report by Standard Chartered, as quoted by media reports. Geoffrey Kendrick, Standard Chartered Bank’s head of forex and digital assets research, was quoted as saying that Bitcoin is likely to
On Friday, the Securities and Exchange Commission brought its latest lawsuit against the crypto industry, this time targeting Consensys, a blockchain firm focused on the Ethereum network best known for its MetaMask wallet product. Echoing similar complaints brought against other crypto firms, such as Coinbase and Kraken, the SEC is alleging Consensys violated federal securities
June 27: Immunefi, an on-chain crowd-sourced security platform, released its “Crypto Losses in Q2 2024 report,” showing a loss of $572 million to hacks and rug pulls in Q2 2024, a 112% increase compared to the same period in 2023. According to the team: “This brings the total losses to over $920 million year-to-date, with
Ethereum (ETH), a leading alternative cryptocurrency, is gearing up for a pivotal phase. As of June 22, ETH is trading at $3,501, with a market cap of $428 billion. It saw slight declines of 1.06% over the past week and 0.21% in the last 24 hours, while maintaining a robust trading volume of $15 billion,
(Reuters) -The U.S. Securities and Exchange Commission has closed its investigation into the blockchain protocol Ethereum 2.0, cryptocurrency firm Consensys said in a post on social media platform X late on Tuesday. The firm filed a lawsuit seeking an injunction against the U.S. SEC in April over regulation of the Ethereum blockchain. Consensys founder Joseph