Arbitrum (ARB), a well-known Ethereum scaling solution, recently encountered a significant downtime event, raising concerns among users and industry participants. The incident, which lasted for over 60 minutes, prompted an immediate investigation into the root cause and the deployment of a fix. In this article, we will delve into the details of the downtime, explore
Bitcoin
Cardano (ADA) has been showing significant progress in recent days, surpassing the $0.60 resistance level. This breakthrough has brought renewed optimism to investors, as the cryptocurrency aims to continue its upward trajectory. Market experts believe that ADA could rally even further if it manages to make a clear move above the $0.685 and $0.700 resistance
As the final months of the year approach, the anticipation surrounding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has generated considerable excitement among analysts and traders. While many stake their hopes on these index funds to fuel a significant price surge for Bitcoin and the broader
Recent reports have revealed that the United States Securities and Exchange Commission (SEC) has implemented a “new regulatory standard” for all Bitcoin Spot Exchange-Traded Fund (ETF) applicants while awaiting approval from the regulatory body. The SEC’s latest “Cash Redemption Model” came amid the spot Bitcoin ETF issuers ironing their filings with the US regulator. It
As the cryptocurrency market continues to evolve, JPMorgan analysts have taken a cautious stance. However, they are predicting that Ethereum (ETH) will surpass Bitcoin (BTC) and other digital currencies in terms of market price performance by 2024. This unique perspective within the institution highlights the analysts’ optimism for Ethereum and its potential compared to other
The recent correction in the Bitcoin market, which brought the price back to $40,000, has caused some investors to panic sell in an attempt to avoid further losses. However, with the selling pressure subsiding, the cryptocurrency has been slowly recovering. Despite the current price sitting at $40,000, there is a prediction by one crypto analyst
Shiba Inu, despite the prevailing bearish trend in the market, has been experiencing a bullish return, thanks to the growing adoption of the Shibarium Layer 2 network. Notably, it is the large holders who are spearheading this upward trajectory. Recent on-chain data from IntoTheBlock reveals a remarkable surge in positive net flows by these large
In a recent analysis by ETC Group’s Head of Research, Andre Dragosh, the current state of the crypto market was examined in great detail. The findings revealed that crypto assets have demonstrated their resilience by outperforming traditional assets such as equities. This outperformance was driven by a significant repricing in monetary policy expectations and short
As XRP holders contemplate whether to continue holding onto their tokens, the underperformance of the crypto token has raised concerns within the community. Talks about potential manipulation have further added to the worries. However, amidst all the uncertainty, one crypto analyst provides a glimmer of hope for XRP’s future price. Crypto analyst Dark Defender, in
Cardano (ADA) has captured the attention of investors this year with remarkable price gains, surging by 137% from its starting point of $0.2464. As market participants ponder on ADA’s future trajectory, various predictions have emerged regarding its potential growth. This article will analyze Cardano’s current market position, evaluate expert forecasts, and discuss key factors that
