Six new Ether futures ETFs from fund managers ProShares, VanEck, and Bitwise made their debut on Monday, providing investors with new ways to gain exposure to the second-largest crypto by market capitalization. However, the launch failed to generate much trading activity, with a combined $1.9 million in volume on the first day of trading. The […]
The supply of Bitcoin (BTC) on cryptocurrency exchanges has dropped to a 5-year low of around 2.29 million BTC, according to blockchain data platform Glassnode. This decrease in supply on exchanges has been observed by the behavior analytics platform Santiment, which estimates that the percentage of BTC supply on exchanges has decreased from 5.99% to […]
Ardana Labs, a project that aimed to provide an innovative stablecoin platform for the Cardano network, raised $10 million from investors in 2021. However, the project suddenly closed up shop in November 2022, citing “funding and project timeline uncertainty.”Web3 risk-management platform Xerberus has now suggested that Ardana executives likely transferred 80% of the project’s funds […]
Crypto and Web3 projects experienced a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, according to a report from blockchain security platform Immunefi. In Q3 2022, there were a total of 30 attack incidents, but this number rose to 76 in Q3 2023. Nearly $686 million […]
The social media account with the username @satoshi has recently broken its silence on X, sparking curiosity and speculation within the cryptocurrency community. The account, attributed to the individual or group behind the creation of Bitcoin, has committed to exploring additional important issues about Bitcoin, left out of the original whitepaper.The cryptocurrency community has reacted […]
Cardano has seen a surge in development activity in September, with developers consistently driving the network’s progress. According to the latest chart from CryptoDep, Cardano topped the chart for developer activity over the past 30 days with a score of 572, even during the crypto market slowdown. This puts the network ahead of projects such […]
Bitcoin’s recent rally past $28,000 has defied traditional market trends, with open interest, as a percentage of Bitcoin’s market cap, approaching an annual low. This surprising contraction in speculative trading amidst bullish momentum has raised questions about whether traders are becoming more cautious or anticipating a potential price correction. However, something intriguing is occurring beneath […]
Amidst a bullish start to October, Shiba Inu (SHIB) has experienced a breakout delay. Despite the hype around Ether futures ETF products, their performance has been underwhelming leading to ETH’s poor performance. SHIB has found support around $0.00000731 as it draws a short-term bearish pattern.The crypto community is looking forward to the approval of a […]
Pikamoon (PIKA) is a new GameFi sensation that has announced itself as a top pick in the crypto market. Following an outstanding presale (still ongoing), this new project’s market analysis reveals a further potential 20x ROI is imminent. That explains how it features on the top list of cryptos to buy in 2023.The project is […]
Cryptocurrency markets have seen a recent bullish reversal, with the world’s largest stablecoin, Tether, taking the spotlight. Bitcoin and Ether have experienced a mild correction, but the odds could still favor the upside. Data from crypto analytic firm Santiment reveals a significant surge in Tether’s presence on exchanges, suggesting that investors may be gearing up […]
