Author: Ana Jesus

Ethereum’s User Activity on the Decline Despite Upcoming ETF Trading Despite the approach of Ethereum’s spot exchange-traded funds (ETFs), the blockchain network is witnessing a decrease in user involvement. This change contrasts expectations set by an impending ETF launch. At this stage, the number of new and active addresses on the network, which denote first-time […]

The cryptocurrency market maintains a sense of equilibrium with Bitcoin holding its value around $69,000 and the combined worth of the crypto universe hanging stable at the $2.3 trillion mark. Despite the overall static trend, certain alternative coins are showing fortitude and promise for substantial growth, with some aiming to exceed a market capitalization of […]

The digital currency Cardano (ADA) has witnessed an impressive uptick in its value with investors and crypto aficionados buzzing about the forthcoming Chang Hard Fork. This update to the Cardano network is widely anticipated and considered to be a catalyst for potential growth, invigorating the cryptocurrency community with expectations of a surge in ADA’s price. […]

The cryptocurrency XRP, known for its rapid transfer capabilities, is currently exhibiting signs that suggest a possible surge despite the recent downward trends noted in its value. Over the past week, a decline of nearly 2% was observed, with its value resting at $0.4755 and its market capitalization exceeding $26.4 billion. The recent market analysis […]

The U.S. Securities and Exchange Commission is in a legal confrontation with blockchain technology company Consensys. The heart of the dispute lies in allegations that Consensys’s MetaMask wallet has been operating illegally as a securities broker without proper registration. The SEC claims Consensys has repeatedly transgressed federal securities laws since October 2020 by using its […]

VanEck Introduces Coinbase as Secondary Custodian for Bitcoin Trust In an ambitious move to fortify the safety of its digital assets, VanEck has recently appointed Coinbase as a supplementary guardian for the HODL Bitcoin ETF. This strategic partnership is instrumental in bolstering the security of VanEck’s Bitcoin holdings and underscores the company’s commitment to protecting […]

Claude 3.5 Sonnet, the latest AI model from Anthropic, outshines its predecessors with a bold forecast for the price of Bitcoin. The program, a step ahead of ChatGPT-4o, envisages the prominent cryptocurrency finding its foothold between $85,000 and $95,000 by the close of 2024. Claude’s prognostication considers an array of key signals such as halving […]

Bitcoin’s value recently tumbled to approximately $60,000 per unit, deviating from its soaring trajectory as traders were alerted to potential critical thresholds. The cryptocurrency’s volatility is in juxtaposition with discussions surrounding its adoption by notable businesses. In a curious turn of events, tech mogul Michael Dell probed the public’s sentiment on what matters most among […]

DeFi Platform Convex Finance Anticipated to Surge A respected voice in the cryptocurrency analysis domain has recently conveyed optimism regarding Convex Finance (CVX), a DeFi protocol operating on the Ethereum network. This perspective was shared in front of a considerable audience exceeding 400,000 on a well-known social platform. Specifically, Convex Finance has been identified for […]

In a notable shift in the digital currency landscape, spot Bitcoin Exchange-Traded Funds (ETFs) in the United States have garnered significant investor interest, accumulating $137.2 million over four days of net positive flows. The renewed enthusiasm kickstarted on June 25, interrupting a previous spell dominated by net outflows among the majority of funds. Investors favored […]