Altcoins have been the stars of the crypto market today, with Toncoin (TON), Aave (AAVE), and Maker (MKR) leading the way. MKR has seen a 3% increase and is now trading at $1,455, likely due to its “Endgame Plan” which has proven to be successful. AAVE has also seen a 6% increase, now trading at […]
Bitcoin (BTC) could reach its all-time high of almost $70,000 and even surpass that level sometime in 2024, according to the AI-powered language model ChatGPT. This could be driven by a general bullish sentiment, a successful halving event, and positive momentum. Regulatory developments, such as potential SEC lawsuit outcomes and a US BTC ETF approval, […]
Cosmos-based Stride has been experiencing a surge in its governance token – STRD – which has increased 330% year-to-date. According to a recent Nansen report, the protocol currently commands more than 80% of the market share within the Cosmos ecosystem. STRD has surpassed both Ethereum (ETH) and the native token of Lido (LDO) in YTD […]
14 years ago, Bitcoin (BTC) made history by surpassing the $0 mark. With just $1, one could own 1309.03 BTC. Since then, the value of a single Bitcoin has grown by an astonishing 3.6 billion%. If someone had invested just $1 in BTC on Oct. 5, 2009, they’d be sitting atop a staggering $36 million […]
The cryptocurrency sector has seen significant events in September, with the stablecoin market capitalization reaching a new low of $124 billion. This is the lowest amount since August 2021 and is 18 consecutive months of decline. Despite this, the market has shown strength by rebounding swiftly and stabilizing.Stablecoins, also known as “pegged” or “linked” cryptocurrencies, […]
The crypto market could experience heightened volatility over the weekend and coming weeks as more than $700 million worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. According to market aggregate data provided through Coinglass, the total option open interest comprises about 213,121 BTC in call bets compared to 107,085 BTC in […]
Bitcoin and Ethereum have been struggling to remain afloat in the cryptocurrency market as bearish pressure intensifies. Bitcoin has recently outperformed the stock market but is now retreating against the buying in the indices. The launch of several Ethereum futures ETFs has done nothing to boost the price of leading cryptocurrencies as market players expected.The […]
A major security breach has occurred in the Avalanche-based social app Stars Arena, resulting in the theft of nearly $2.9 million in AVAX tokens. The attack was announced by the team behind Stars Arena on Saturday, and was estimated by blockchain security resource PeckShield to be close to $3 million in AVAX tokens. DeFiLlama data […]
Ethereum (ETH) has recently launched two major upgrades, the Merge and the Shanghai Upgrade, to transition from Proof of Work to the Proof of Stake consensus mechanism and improve scalability, usability, and security. However, a recent research report from JPMorgan (JPM) has confirmed that the transition to PoS puts Ethereum’s decentralized nature at risk, as […]
The anonymous host of InvestAnswers has predicted that the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) could trigger massive inflows from Wall Street giants. According to the analyst, if seven Wall Street firms allocated just half a percentage point of their $25.22 trillion in assets under management (AUM) to spot Bitcoin ETFs in […]
