With the highly anticipated launch of spot Ethereum ETFs on the horizon, industry experts are weighing in on the potential impact these ETFs could have on the price of Ethereum. Matt Hougan, Chief Investment Officer of Bitwise, is among those who believe that the introduction of spot Ethereum ETFs could drive the price of Ethereum
Dalmas is a seasoned crypto reporter with a specialization in NFTs, blockchain, DeFi, and blockchain news. His background in mechanical engineering and journalism has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics reflects his comprehensive understanding of the crypto landscape. Dalmas’s technical expertise
Bitcoin developer Samson Mow has been vocal about his bullish prediction that Bitcoin will eventually reach $1 million. Despite some skepticism in the market, Mow has confidently stated that this milestone will be achieved within a year. His reasoning behind this ambitious target is based on the simple economics of supply and demand. Mow believes
The recent announcement by crypto exchange OKX regarding the cessation of its operations in Nigeria has left many Nigerian clients reeling. According to a statement obtained by CryptoSlate, OKX has instructed users to close their positions by August 16, as they will no longer be able to open new positions or access other services on
Azarus, a pioneering Web3 overlay platform, recently made headlines by announcing its partnership with Twitch to power the live streams for the highly anticipated Evolution Championship Series. This move signifies a major leap forward in the realm of interactive streaming, as Azarus’s innovative technology allows viewers to actively participate in the viewing experience by playing
Recent developments in Hong Kong’s financial regulatory environment have highlighted the growing importance of stablecoins in the digital asset landscape. The Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB) have recently concluded a consultation period over a licensing program initiative for fiat-referenced stablecoin (FRS) providers. This initiative aims to address the potential
Bitwise Asset Management’s Chief Investment Officer has made a bold prediction that the introduction of Ethereum Exchange-Traded Products (ETPs) will drive ether (ETH) prices to new all-time highs above $5,000 by the end of the year. This forecast is based on the belief that ETP flows could have a more significant impact on Ethereum compared
In the midst of a market recovery, XRP has emerged as one of the top-performing crypto assets. With a significant gain of over 40% in the past week, XRP has shown a remarkable comeback, reaching a price level of $0.62, last seen in March. This surge has sparked investor confidence and led to heightened trading
Cardano (ADA) has experienced a significant decline in developer interest and activity recently. According to DeFi Llama, the number of monthly developer commits has dropped from 3,380 in May to 3,300 in June, and currently stands at less than 2,000 this month. This indicates a lack of enthusiasm and innovation within the Cardano ecosystem, leading
In recent days, the spot Bitcoin ETFs have been experiencing positive inflows, leading to a resurgence in the price of Bitcoin itself. Just today, the price of Bitcoin reached $66,000 for the first time in about a month. This marks a significant recovery for the cryptocurrency, which had previously dropped to a three-month low of
