Tag: COIN:ETHUSD
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Hong Kong Greenlights Bitcoin and Ether ETFs, Solana Rolls Out Key Upgrade, and More Crypto News
Hong Kong approves Bitcoin and Ether ETFs On Monday, Hong Kong regulators gave the green light for the launch of spot Bitcoin and Ether ETFs, asset managers announced, following the trend set by the US earlier this year. Approvals came from three fund managers, including ChinaAMC, which also plans to offer virtual asset management services,…
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Coinbase to Launch PEPE Futures, Uniswap Grapples with SEC, and Latest Crypto News
Bitcoin holds price above $70,000 despite US inflation instability Bitcoin (COIN:BTCUSD) records a modest decrease of 0.43% at the time of writing, yet remains resilient above the $70,000 mark amid volatility triggered by a US inflation report for March that exceeded expectations. Despite the initial market reaction, the cryptocurrency displayed stability compared to other assets,…
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Bitcoin Hits $68,000 on Wednesday, MetaMask’s New Daylight Integration, and More Crypto News
Bitcoin slides below $69,000 anticipating US inflation data Before the American inflation data release by the Bureau of Labor Statistics, Bitcoin (COIN:BTCUSD) dropped below $69,000 this Wednesday. The US CPI for March indicated inflation higher than expected, reaching 3.5% annually, surpassing the forecast of 3.4%. Despite intensified efforts by the Federal Reserve to control inflation,…
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Crypto: Toncoin Soars on Tuesday, Mango Markets Fraud Trial, and Latest News
Toncoin escalates in the market with innovations in the TON network and partnership with Telegram Toncoin (COIN:TONCOINUSD), the cryptocurrency of The Open Network, has advanced in the digital asset rankings, propelled by network innovations and collaboration with Telegram. TON, associated with the messaging app, announced a partnership with HumanCode for palm-reading identification. This development, coupled…
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Crypto: Cardano Implements Critical Updates, dYdX Faces Disruption, and More
Cardano prepares for significant updates with Chang and Ouroboros Leios Charles Hoskinson, co-founder of Cardano (COIN:ADAUSD), expresses his excitement for two critical updates: the Chang hard fork and the Ouroboros Leios consensus mechanism, aimed at enhancing the network in response to community demands. The Chang hard fork is a step towards more community governance, granting…
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Crypto: Bitcoin Cash Surges Post-Halving, PayPal Launches PYUSD International Transfers and More Updates
Bitcoin Cash jumps post-halving Bitcoin Cash (COIN:BCHUSD) experienced a surge in value following its recent halving, standing out in a generally static crypto market. BCH reached a peak price of $683.87, a level not seen since 2021, yet still 80% below its December 2017 record high. At the time of writing, Bitcoin Cash’s price was…
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Crypto: Paradigm Seeks Investment for New Web3 Fund, KBW Initiates Cautious Coverage on Robinhood, and Other Updates
Paradigm seeks record funding for new Web3 fund Paradigm, a leading venture capital firm focused on Web3, is advancing to raise a new investment fund, targeting between $750 million and $850 million. This move could mark the largest fund since the crypto market turmoil in May 2022, according to Bloomberg. Paradigm’s step is seen as…
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BTC and ETH Suffer Sharp Decline on Tuesday; Key Crypto Market Events in April, and More News
Key events in the crypto market in April April promises to be a milestone for the cryptocurrency sector, bringing impactful events. We’ll see everything from the reduction in mining rewards for Bitcoin (COIN:BTCUSD) and Bitcoin Cash (COIN:BCHUSD), which affects coin supply and spurs speculative interest, to significant regulatory matters. The legal battle between the SEC…
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Crypto: SBF Sentenced to 25 Years, DOGE and BCH Surge on Thursday, and More
Sam Bankman-Fried receives 25 years in high-profile trial Sam Bankman-Fried, founder of FTX, was sentenced to 25 years in prison, a verdict delivered by a court packed with spectators, marking a critical moment in the legal examination of the cryptocurrency sector. To be released at age 57, his conviction highlights the complexities and risks of…
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Crypto: AI Token Merger, Hashdex ‘DEFI’ ETF Launch, and Latest News
Positive indicators hint at potential Bitcoin surge Bitcoin (COIN:BTCUSD) is showing promising signs of an impending uptrend. One of the evidences is the increase in the number of wallets holding over 1,000 BTC and the reduction of stock on Coinbase, hitting its lowest level since 2018. These factors, coupled with accumulation by “whales” and a…