Ethereum has been maintaining a strong position above the $3,500 price level, with investors eagerly looking forward to a potential push past the $4,000 mark. This surge in optimism has corresponded with a significant increase in open interest in Ethereum futures. Open interest is a valuable metric that tracks the total number of open positions
admin
The recent hack of Prisma Finance, where $11.6 million was stolen from the decentralized finance (DeFi) protocol, has raised questions and sparked discussions within the cryptocurrency community. The attacker behind the hack claimed that it was a “whitehat rescue” and expressed a desire to return the funds back to the platform. This raised eyebrows as
Bitcoin (BTC) is currently in a position for a potential surge, as indicated by a bullish technical pattern and increasing institutional investments. Analyst Ali Martinez recently identified a bull flag pattern on Bitcoin’s 4-hour chart, suggesting a consolidation period following a significant price increase. This phase, characterized by a slight downward trend and decreasing trading
Coin Bureau’s host, Guy Turner, has recently shared his optimistic view on Solana (SOL) with his two million subscribers on YouTube. Turner believes that SOL could potentially experience a breakout of 35% to 45% above the $300 mark. This positive forecast is supported by promising weekly and monthly charts from the early months of 2024.
The Chief Investment Officer (CIO) of Bitwise, Matt Hougan, recently shared insights on the future of spot Bitcoin exchange-traded funds (ETFs) during a 20-day road trip he embarked on. His observations shed light on the current state of adoption and allocation trends among investors and institutions. Hougan’s encounters with financial advisors revealed a stark contrast
The US and UK governments have initiated a collaborative investigation into cryptocurrency transactions exceeding $20 billion that are suspected of violating Russian sanctions. Bloomberg News reported on March 28 that these transactions, believed to have been channeled through the Russia-based crypto exchange Garantex, are allegedly aimed at bypassing international sanctions in order to potentially finance
In recent weeks, Bitcoin bulls have regained control, bringing a bullish sentiment back to the market after a period of price dips. One clear indicator of this bullish outlook is the impressive amount of inflows into Spot Bitcoin ETFs. Farside Investors reported a significant increase in inflows on March 27, with the Spot Bitcoin ETFs
The recent surge of meme coins on the Solana blockchain has created a frenzy, with Christ is King leading the pack with an astounding increase of over 770,000% in just 24 hours. The token launched on March 26 and experienced a meteoric rise, reaching an all-time high of $0.0011 before facing a significant retracement. Despite
Blockchain gaming is a revolutionary concept that has been gaining momentum in recent years. By merging blockchain technology with traditional video games, players now have the ability to truly own their in-game assets and potentially earn real-world value from them. This unique proposition has piqued the interest of many gamers and investors, leading to the
The recent sanctions imposed by the US Department of the Treasury and its Office of Foreign Assets Control (OFAC) on the Palestinian news network Gaza Now have sent shockwaves through the crypto world. The Treasury sanctions not only targeted Gaza Now but also designated several crypto addresses associated with the news network and its affiliates,
