As the approval of a Bitcoin spot ETF becomes increasingly likely, the focus is shifting from the excitement of the potential approval to the fundamental aspects of these ETFs, such as on-chain trading transparency and management fees. These factors could play a significant role in determining which ETF issuer comes out on top.Insiders have indicated […]
XRP Ledger (XRPL), the blockchain technology behind the XRP token, is capable of processing 3,400 transactions per second (TPS), which equates to 293 million transactions daily. This impressive capacity has led to XRP becoming a preferred choice for banks seeking to digitize their services for a global audience.XRP influencer Alex Cobb has shared some intriguing […]
The cryptocurrency sector is witnessing a surge in interest from financial advisors, with 88% reporting increased client curiosity. This has led to 59% of advisors independently adopting cryptocurrencies. Bitcoin is the preferred choice over Ethereum, with 71% favoring BTC, reflecting its perceived stability and confidence.The “Bitwise/VettaFi 2024 Benchmark Survey of Financial Advisor Attitudes Toward Crypto […]
ARB, the native token of Arbitrum, is making waves in the Ethereum ecosystem. With a market capitalization nearing $2 billion and backed by $9.8 billion in LTV, Arbitrum is leading the way in scaling solutions, enhancing the appeal of ARB.According to AlphaScan data, ARB has been the “best sentiment” in the last 24 hours, with […]
Cardano’s ADA has had a challenging start to 2024, with a 10% drop in value due to regulatory uncertainty. The volatile nature of the cryptocurrency market presents both challenges and opportunities for ADA, making it crucial for potential investors to conduct thorough research before investing.The beginning of 2024 saw ADA’s value drop by almost 10% […]
Major U.S. exchanges are on the brink of approving the country’s first Bitcoin exchange-traded funds (ETFs), signaling a significant milestone in the cryptocurrency world. The advanced stage of Bitcoin ETFs, set to debut in the U.S. market, is evident in the amendments filed by BlackRock, Grayscale, Fidelity, and other issuers in 19b-4 filings. These adjustments, […]
The financial community is on edge as it awaits the SEC’s decision on Bitcoin ETF filings. This has sparked speculation about the potential market impacts. The concept of “buy the rumor, sell the news” is being considered by analysts and market players. This refers to the phenomenon where asset prices rise ahead of anticipated events, […]
Ethereum’s cofounder, Vitalik Buterin, recently made a significant transfer of USDC, a stablecoin pegged to the U.S. dollar. The Vitalik Buterin-labeled address moved 3,300 USDC in the early hours of today. The reason for the transfer was a simple reshuffling of funds, as the said 3,300 USDC were moved to a new address.The Ethereum market […]
Lucie, the marketing lead for Shiba Inu, recently announced a unique opportunity for community members to earn on their holdings. The announcement, made on X (formerly Twitter), revealed the distribution of 2 LEASH and 85,000,000 SHIB tokens for participants on ShibaPunkz.art. The tokens will be distributed over the next four months, marking a first for […]
Ethereum whales have been consistently purchasing more of the altcoin, indicating their ongoing support. The buying activity has particularly escalated in recent weeks. On-chain data from Santiment shows that Ethereum’s largest private wallets now hold a record 56.25 million ETH, which accounts for 46.8% of the total circulating supply of the cryptocurrency.Currently, Ethereum is trading […]
