Chainlink (LINK) and Stellar (XLM) are two tokens that have been performing well despite the bearish crypto market. Chainlink has gained 14% in value, starting the week at $6.09 and reaching a peak of $7.21. Meanwhile, Stellar launched a new website in hopes of ending the price decline, and its price is currently at $0.114.Tradecurve […]
As October begins, the financial world is keeping a close eye on Shiba Inu, a cryptocurrency that has historically seen significant gains in the month. Data from CryptoRank shows that the token has seen an average 422% surge in October since its debut. If the token continues on its current trajectory, it could potentially reach […]
Grayscale Investments, a global leader in digital asset investment, is seeking approval from the US Securities and Exchange Commission (SEC) to convert its Grayscale Ethereum Trust (ETHE) into a spot Ethereum exchange-traded fund (ETF). The move, in partnership with NYSE Arca, marks a significant step toward bringing cryptocurrencies further into the mainstream financial landscape.Grayscale’s Ethereum […]
The US Securities and Exchange Commission (SEC) has taken a significant step that has raised hopes for the approval of Bitcoin spot exchange-traded funds (ETFs). This comes after the SEC recently delayed applications for Bitcoin spot ETFs from major financial players like BlackRock, Fidelity, and VanEck due to the US government shutdown.Renowned ETF analysts, Eric […]
The US Congress passed a stopgap funding measure on October 1, preventing a government shutdown. The Republican Party, which holds a majority in the US House of Representatives, was divided on the issue. After weeks of infighting, Speaker Kevin McCarthy announced the stopgap proposal and the bill passed the House with a bipartisan vote. The […]
U.S. Grayscale has announced that it will eliminate the discount in its Ethereum Trust if it converts it into a spot ETF. This move is expected to provide investors with more access to the Ethereum market, as well as greater liquidity and transparency.The Ethereum Trust is a publicly traded investment vehicle that allows investors to […]
A new report from Binance Research has revealed that oracle-related exploits have caused nearly a billion dollars worth of losses over the past three years. Oracles are used to connect blockchains to external data, allowing smart contracts to execute tasks based on real-world events or conditions. This is especially important for decentralized finance (DeFi) protocols, […]
Shiba Inu (SHIB) has seen a 5 percent price increase in the last week, with a strong response to the Shibarium launch. The Shiba Inu ecosystem has seen a notable increase in its token-burning program, with over 2.3 billion SHIB tokens burned last month. The SHIB price surge comes following the strong response to Shibarium […]
Minswap, a prominent platform on Cardano, has seen impressive growth in key metrics such as Unique Active Wallets (UAWs). Over seven days, Minswap registered an 89.85% growth in UAWs, a 63.05% increase in transactions, and a 16% growth in trading volume. On September 24th, Minswap recorded a daily trading volume of $6.86 million, UAWs of […]
October is a significant month for the crypto market, as several projects are set to release tokens worth more than $130 million. Axie Infinity will be the largest contributor, with 15.1 million AXS tokens, valued at $71.8 million, entering the market on October 20. The majority of these tokens will be allocated to the project’s […]
