Recently, renowned crypto analyst Michaël van de Poppe made a bullish prediction for Ethereum, suggesting that it could potentially soar to $4,500. This forecast comes amidst Ethereum’s recent surge in price, with a 9% increase in seven days and a 17.5% increase in one month. The recent price surge has been seen as a bullish
Ethereum has shown significant strength in the past day, breaking beyond the $2,900 level and surging almost 4% over the past 24 hours. This marks a clear deviation from Bitcoin’s overall sideways movement, as Ethereum has been able to reach levels not seen since the beginning of May 2022. Investors in Ethereum are currently enjoying
The recent sale of a complete set of 10 Autoglyphs for an impressive 5,000 ETH has sent shockwaves through both the blockchain and art communities. This groundbreaking purchase, equivalent to approximately $14.6 million, not only marks the highest NFT sale in the past two years but also stands as the fifth-largest on-chain purchase to date.
In a strategic step ahead of the upcoming general elections, the South Korea’s ruling party, the People Power Party (PPP), has unveiled its intentions to advocate for a further two-year postponement in the implementation of crypto taxation. This move was disclosed during a press conference on Feb. 19, where party officials highlighted the delay as
Rabby Wallet, a popular crypto wallet developed by Debank, recently made headlines with the launch of its beta version mobile app. However, what seemed like a promising development quickly turned into a nightmare for unsuspecting users. Reports have started to surface regarding a fake iOS app posing as Rabby Wallet on the App Store. This
The surge in Bitcoin open interest has been evident in recent weeks as the price of Bitcoin has continued to climb. This increase in open interest reflects a growing interest in the cryptocurrency, especially since the approval of Spot Bitcoin ETFs for trading by the SEC in the United States. The open interest for Bitcoin
The cryptocurrency market is currently experiencing a surge in popularity, with investors seeking quick near-term gains in micro-cap markets. While Bitcoin (BTC) has been holding steady above $52,000, attention is shifting towards Ether (ETH) as the next potential “institutional darling”. ETH has seen a significant increase in value, with various Ether-based spot ETFs likely to
Binance recently made headlines with the announcement that they will be discontinuing trading and subscription services for their leveraged token offerings, including popular options such as Bitcoin, Ethereum, and the BNB Coin. This decision will come into effect on Feb. 28, with the exchange planning to delist these tokens and halt redemption by April 3.
Yuga Labs, a prominent player in the Web3 innovation space, has recently made waves with its acquisition of PROOF. This acquisition marks a significant milestone for Yuga Labs, as they delve deeper into the realm of art and community engagement. By bringing PROOF under its umbrella, Yuga Labs is not only acquiring a platform but
Bitcoin (BTC) has seen a significant surge recently, surpassing the $50,000 mark for the first time since December 2021. This upward movement has been attributed to high demand from the approval of spot Bitcoin exchange-traded funds (ETFs). According to analysts at CryptoQuant, approximately 75% of the new money flowing into BTC is coming from these
