The approval process for an Ethereum Exchange-Traded Fund (ETF) appears uncertain, especially when compared to the recent launch of a Bitcoin ETF. The Bitcoin ETF launch was not without its challenges, including debates and lawsuits, but the Security and Exchange Commission (SEC) Chair, Gary Gensler, has always referred to Bitcoin as a commodity.However, Gensler’s stance […]
MicroStrategy’s co-founder, Micheal Saylor, appears to be formulating his own ‘Bitcoin Strategy’. A recent report indicates that Saylor has started to liquidate some of his company’s stocks with the intention of acquiring more of the leading cryptocurrency, Bitcoin.In a Bloomberg report, it was revealed that Saylor sold between 3,882 and 5,000 MicroStrategy shares on certain […]
Ethereum (ETH) has seen a significant increase of 11.4%, with whales in the crypto ecosystem playing a major role in this change. Data from the crypto analytics platform Lookonchain reveals that a whale with the wallet address “0xAA15” withdrew a total of 5,762 ETH, equivalent to approximately $15.06 million, from Binance. This whale has purchased […]
BlackRock CEO Larry Fink has expressed optimism for a spot Ethereum exchange-traded fund (ETF) following the successful launch of the company’s Bitcoin ETF product, IBIT. The Bitcoin ETF garnered over $1 billion in trading volume on its first day. Fink’s comments come as BlackRock filed for a spot Ethereum ETF in November 2022, with speculation […]
Shiba Inu whales have been capitalizing on the recent dip in Shiba Inu, accumulating a staggering 2.39 trillion SHIB. Despite a downtrend in SHIB’s price since the start of the month, which saw a drop of as much as 20% from the yearly open to reach $0.000008735 on January 8th, these whales have been actively […]
Renowned investor and Shark Tank personality, Kevin O’Leary, has stirred the Bitcoin community by criticizing the recent approval of Spot Bitcoin ETFs, calling them “practically useless” for institutional investors due to the fees associated with them. Despite this, O’Leary remains optimistic about Bitcoin’s long-term prospects, predicting a significant price surge by 2030.O’Leary’s main issue with […]
BlackRock CEO Larry Fink has recently shared his insights on the future of cryptocurrencies, particularly Bitcoin and Ethereum, and their role in the financial system. Fink, who was previously skeptical about Bitcoin, has acknowledged a significant shift in his viewpoint. He now sees Bitcoin as an alternative source for wealth holding, similar to gold, a […]
In the dynamic world of cryptocurrency, recent developments in Dogecoin (DOGE), Solana (SOL), and a new entrant, Rebel Satoshi ($RBLZ), have captured the attention of investors. As the crypto market experiences exciting shifts, investors are at a crossroads, contemplating the top crypto coins, the best cryptocurrency to buy, and promising altcoins.Dogecoin, the dog-inspired cryptocurrency, has […]
The cryptocurrency landscape is witnessing a dramatic shift as Ethereum (ETH) outperforms the long-reigning king, Bitcoin (BTC). Despite the recent approval of Bitcoin’s spot ETF, Ethereum has surged 13.5%, reaching a 9-month high above $2,650, while Bitcoin has experienced a 10% dip. This unexpected development has sparked a debate within the crypto community about whether […]
A Solana-based maximum extractable value (MEV) bot recently seized a $1.7 million profit from a single, unconventional trade involving the memecoin Dogwifhat (WIF). The bot, operated by an entity known as ‘2fast’, executed a sequence of swaps involving 703 Solana (SOL) tokens and 490,000 WIF tokens, which were then converted back into 19,035 SOL. This […]
