The recent joint application by Ark Invest and 21Shares for a spot Ethereum exchange-traded fund (ETF) has attracted significant attention in the crypto community. However, a closer analysis of the amended S-1 filing reveals some important limitations and uncertainties surrounding this proposed ETF. In this article, we will delve into the details of the filing,
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In today’s volatile crypto market, where blue-chip cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are experiencing upward movements, investors seeking quicker gains often turn to micro-cap cryptocurrencies. These low-cap coins have the potential to deliver fast exponential gains due to their limited liquidity and susceptibility to small buy pressure. This article will explore the top
Ethereum (ETH) has achieved a significant milestone in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This marks a crucial step towards deploying the upgrade on the mainnet and demonstrates Ethereum’s ongoing efforts to improve transaction efficiency, scalability, and reduce transaction fees by up to 90%. As
Cardano (ADA), despite its price stagnation, has been witnessing significant growth in activity on its blockchain. The increasing transaction volumes and the rising number of wallet addresses indicate a growing interest and adoption of the Cardano network. As a result, industry experts are analyzing the potential price surge that Cardano can experience in the near
Chainlink’s LINK token has experienced a significant surge in value, reaching a 24-month peak and pushing its market cap to a whopping $10 billion. This sudden increase in price has been attributed to the accumulation of over $50 million worth of tokens by crypto whales in recent days. Moreover, data from Glassnode charts reveals that
Since mid-January, Bitcoin has been stuck in a sideways movement, breaking out of a parallel upward channel to the downside. However, the monotony might soon come to an end, as indicated by the Bollinger Band Width (BBW) indicator. The BBW is a derivative of the Bollinger Bands, which consist of an upper and lower band
ERC404, the latest token standard in the blockchain world, is making waves with its unique combination of features from both ERC20 and ERC721 standards. Since its introduction, the crypto community has shown great interest in this experimental standard, leading to an astonishing $87 million in trading volume on decentralized exchanges within the first week alone.
The cryptocurrency market has always been volatile, but the recent rally of newcomer meme coin Sponge has caught many by surprise. After its $SPONGE V2 relaunch on Polygon, the token has seen a staggering 69% increase in the last 24 hours, currently trading at $0.000932. For early investors who bought in at the initial launch
Institutional investors continue to flock towards the world of digital assets, with Bitcoin and Solana leading the way in terms of institutional inflows. According to a recent CoinShares report, Bitcoin witnessed a staggering $703 million in inflows last week, accounting for 99% of all flows into digital asset investment products. Surprisingly, Solana followed closely behind
Despite Dogecoin’s recent struggle to break through the $0.08 level, the popular meme coin has been experiencing significant growth in various network metrics. While its price has declined by 23% since its local peak on December 9th, the number of wallets holding more than 0 DOGE has been steadily increasing. In fact, the network has
