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Ethereum Price Data Signals Potential Rally Above $3.4K

July 11, 2024 by Arnold Potts

Ether (ETH) investors experienced a rollercoaster ride in the first week of July, with the price plummeting by 18% to $2,826 before partially recovering to $3,100. This sharp decline left many traders disappointed, especially as $313 million in leveraged long positions were …

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Tags Solana

Sei Token Surges 13% with Launch of Mainnet Beta v2

July 11, 2024 by Arnold Potts

Sei, the native token of Layer 1 blockchain Sei, has experienced a significant surge of 13% following the launch of the beta version of its Sei v2 mainnet. This surge has been attributed to the network’s claim that it is the “most …

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Tags Bitcoin

VanEck Files S-1 for Spot Ethereum ETF: A Milestone in Crypto Investment

July 10, 2024 by Arnold Potts

Asset management firm VanEck has taken a significant step towards the launch of its Spot Ethereum ETF by officially filing an S-1 with the US Securities and Exchange Commission (SEC). This move marks a crucial stage in the approval process for the …

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Tags Cryptocurrency, ethereum

HIVE Digital Boosts Stock by 9% with Strategic Bitcoin Purchases

July 10, 2024 by Arnold Potts

Bitcoin Miner HIVE Digital Buys BTC Dips, Stock Jumps 9% In the midst of a turbulent period for Bitcoin miners, Canadian BTC miner HIVE Digital has stood out by actively buying the dips in the market. Despite reports of miner capitulation in …

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Tags Bitcoin, Cryptocurrency

BlackRock’s BUIDL Fund Surges with $5 Million Inflows Despite Market Turbulence

July 10, 2024 by Arnold Potts

BlackRock’s BUIDL fund has defied market turbulence by attracting over $5 million in assets in just one week, according to recent data from market analytics resource IntoTheBlock (ITB). Despite the ongoing struggles in the crypto market, the Ethereum-based BUIDL fund has continued …

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Tags Bitcoin, Cryptocurrency

Bitcoin Sell-Off Presents Rare Opportunity for BTC ETF Bargain Hunters

July 9, 2024 by Arnold Potts

Bitcoin’s dramatic sell-off has sent shockwaves through the market, presenting buy-and-hold bulls with a rare opportunity to scoop up BTC ETF shares at bargain prices. Spot BTC prices plummeted to a four-month low on Friday as markets braced for billions of dollars …

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Tags Bitcoin

Could Ripple’s XRP Token Replace the US Dollar? Analysts Weigh In

July 9, 2024 by Arnold Potts

In the world of cryptocurrency, Ripple has been making waves as a leader in cross-border payments. With its XRP token gaining popularity, one analyst believes that it has the potential to replace the US dollar as a global reserve currency. Armando Pantoja, …

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Tags Cryptocurrency

Ronin Network Partners with Coins.ph to Integrate Philippines’ First Regulated Stablecoin PHPC

July 9, 2024 by Arnold Potts

The Ronin Network, an Ethereum sidechain developed by Sky Mavis, has recently made a significant announcement regarding the integration of the Philippines’ first regulated stablecoin, PHPC, onto its platform. This move comes as part of a strategic partnership with Coins.ph, a prominent …

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Tags Cryptocurrency

Key Events to Watch: US CPI Inflation & Fed Chair Testimony Impact on Bitcoin & Altcoins Trading This Week

July 8, 2024 by Arnold Potts

The cryptocurrency market is eagerly anticipating the release of crucial economic indicators and key events that are expected to shape Bitcoin and altcoins trading in the upcoming week. Recent weeks have been marked by high volatility, with Bitcoin experiencing a significant price …

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Tags Bitcoin, Cryptocurrency

German Lawmaker Joana Cotar Rejects Digital Euro, Champions Bitcoin as Alternative

July 8, 2024 by Arnold Potts

German Lawmaker Ditches Digital Euro, Advocates Bitcoin As Anti-CBDC Solution In a bold move, independent member of the German Bundestag, Joana Cotar, has once again voiced her support for Bitcoin (BTC) while strongly opposing the European Central Bank’s (ECB) push for a …

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Tags Bitcoin
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