As the 2024 US presidential election approaches, the impact of candidates’ policies on the cryptocurrency landscape becomes a topic of increasing importance. Experts in the financial sector are closely monitoring how the election outcomes might shape the future of digital assets. A recent analysis by Alex Thorn, head of research at Galaxy Digital, has put
admin
In a significant leap for the cryptocurrency landscape in Australia, Monochrome Asset Management is set to unveil the country’s first spot Ethereum exchange-traded fund (ETF) on the Cboe exchange. Scheduled to begin trading on October 14, the Monochrome Ethereum ETF (IETH) will provide Australian investors with a groundbreaking opportunity to engage with the cryptocurrency market.
As Tether marks its tenth anniversary, it stands as a pivotal player in the world of stablecoins, heralding a period of significant innovation that has reshaped the digital asset sphere. Tether, best known for its USDT stablecoin, has not only bridged gaps within the crypto realm but has emerged as a critical tool for individuals
In recent days, the cryptocurrency market has demonstrated a noticeable stabilizing trend, with its total capitalization resting at approximately $2.29 trillion. This figure is consistent with the previous day, indicating a period of relative calm following a more tumultuous week. Notably, Bitcoin, alongside many of the major altcoins, has experienced minimal volatility during this timeframe,
In an age where digital content reigns supreme, Samuel Edyme, known by the moniker HIM-buktu, has carved out a unique niche for himself in the world of blockchain and cryptocurrency. As a seasoned web3 content writer and journalist, Edyme has contributed to various platforms that cater to the ever-evolving cryptocurrency landscape. Publications such as AMBCrypto,
The cryptocurrency market is a realm where uncertainty abounds, and Ethereum (ETH), the second most valuable digital asset, epitomizes this volatility. As of the latest updates, ETH is navigating a tight price corridor, oscillating around the $2,300 to $2,800 range—a modest fluctuation when compared to the inherent dynamism of cryptocurrency trading. Despite a bullish outlook
Cardano (ADA) finds itself precariously positioned in the cryptocurrency market as it hovers around its yearly lows. The struggle to maintain a price above the crucial $0.36 mark has become particularly pronounced over the past few months, particularly since early August. This continual drop reflects underlying market sentiment that is decidedly shaky, prompting an atmosphere
In a surprising twist, Cardano (ADA) has recently witnessed a near 4% upswing in its price, reflecting a notable shift in market dynamics. After starting the week on a downward trajectory, during which the price plummeted approximately 9.5% to a low of $0.3326, ADA has regained some ground, rebounding to around $0.354. This sudden uptick
The cryptocurrency market is experiencing a transformative phase as stablecoin dynamics show remarkable growth. Recent analyses highlight how this surge in stablecoin liquidity is interlinked with the potential upward momentum for cryptocurrencies, particularly Bitcoin (BTC). According to insights from CryptoQuant, the combined market capitalization of leading USD-backed stablecoins has soared to an impressive $169 billion.
In recent developments, Binance’s executive Tigran Gambaryan has found himself in a precarious legal situation following a decision by an Abuja High Court. On October 11, 2023, the court denied Gambaryan’s bail request, a ruling that has sparked disappointment not only from Binance but also from the global cryptocurrency community. The court’s reasoning pointed to
