After recently surpassing the $3,000 mark, Ethereum (ETH) has been the center of attention in the crypto community. However, amid the celebratory atmosphere, Fred Krueger, a well-known Bitcoin ETF expert, has expressed skepticism about the true value of ETH. Krueger, drawing on his experience as a Wall Street veteran and prop trader, took to social
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The world of ticketing is undergoing a revolution with the introduction of NFTs (Non-Fungible Tokens). Sports Illustrated, a renowned sports media brand, has recently launched its own NFT ticketing platform called Box Office. This innovative platform, powered by the Avalanche blockchain network, aims to change the way tickets are bought and sold for events. The
Coinbase’s non-US exchange achieved a significant milestone on February 20th as it saw over $1 billion in daily trading volume. This marks the first time that the exchange reached this impressive daily volume mark, indicating a strong and steady growth trajectory. Coinbase International Exchange reported that its perpetual futures trading alone surpassed $1 billion in
The Hong Kong Monetary Authority (HKMA) recently introduced new regulatory standards for tokenized financial products in an effort to promote innovation and protect consumers. This initiative comes as a response to the rapid advancement in tokenization technologies and their increasing application in the financial sector. The guidelines aim to establish clear principles for the sale
Bernstein, a global asset management firm, has recently expressed optimism about the possibility of the United States Securities and Exchange Commission (SEC) approving an Ethereum Spot ETF. Analysts from Bernstein, Gautam Chhugani and Mahika Sapra, believe that Ethereum, the second-largest cryptocurrency in the world, has a decent chance of receiving an ETF approval from the
Wall Street Memes recently introduced a major new burn mechanism that has set fire to 5% of the $WSM supply. This move marks a significant shift in the token dynamics of $WSM, as developers moved from a 10% buyback of Net Gaming Revenue to a full burn mechanism for all NGR generated by their flagship
The renowned crypto analyst Michaël van de Poppe has stirred up excitement in the crypto community by predicting that Ethereum could potentially soar to $4,500. Van de Poppe believes that Ethereum is benefiting from Bitcoin’s upward momentum as investment capital starts to shift towards ETH. He refers to this period as a massive opportunity to
Ethereum has recently broken above the $2,900 level, indicating a bullish trend in the market. While Bitcoin has been moving sideways, Ethereum has surged nearly 4% in the last 24 hours, demonstrating its resilience and independent price action. This surge has propelled Ethereum to touch the $2,900 mark for the first time since May 2022,
In a monumental event that has reverberated throughout the blockchain and art communities, a full collection of 10 Autoglyphs was recently purchased for a remarkable 5,000 ETH. This acquisition, which translates to around $14.6 million in today’s market, stands as the most significant NFT sale in the last two years and the fifth-largest on-chain transaction
The Rabby Wallet, a crypto wallet developed by Debank, is a well-established platform known for its support of 141 chains and multiple signing modes. However, on the 16th of February, the company announced the launch of the beta version of its mobile app. Unfortunately, fans of Rabby Wallet were in for a rude awakening as
