Despite the underperformance of the Ethereum (ETH) price over the past year, there has been a significant uptick in Ethereum staking. The emergence of liquid staking protocols like Lido Finance has played a key role in driving the surge of ETH being staked. As a result of this growing interest, the total percentage of ETH
Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, recently shared his insights on the future price of Bitcoin and Cardano. Dunleavy believes that Bitcoin will hit $100,000 in the near future. In an interview with Scott Melker, he attributed this prediction to the Bitcoin Halving event. According to Dunleavy, historical data shows
On-chain data analysis can provide valuable insights into the market trends and investor sentiment surrounding cryptocurrencies. In the case of Ethereum, an Ethereum metric is showing a bullish signal as the price breaks past the $2,400 barrier. This article will delve into the relationship between the Ethereum price and the exchange netflow indicator, and explore
In the past 24 hours, the AI crypto project Bittensor token has experienced a significant drop of -17%. This has caused panic among TAO holders who are now questioning whether Bittensor is on the verge of crashing. To determine the potential outcome, a thorough analysis of TAO’s current price trends is essential. Additionally, the article
The digital currency market experienced a significant shift on Wednesday, as Bitcoin (BTC) surged past $44,000, reaching a four-week high and edging closer to the coveted $45K mark. This bullish charge was attributed to a combination of factors, including a renewed interest from major investors, remarkable growth in US equity markets, and an unexpected regulatory
Amidst the volatile cryptocurrency market, Cardano’s price has been exhibiting some interesting market signals. The Ethereum competitor and blue chip cryptocurrency is currently demonstrating a falling wedge pattern and a surge in trading volume. Since a major rally in December, where Cardano’s price climbed from $0.38 to $0.67, the digital asset has managed to hold
Los Angeles-based video game developer, Space Nation, has been generating significant buzz with its upcoming massively multiplayer online (MMO) game. Founded in 2019, Jerome Wu and Tony Tang, both with extensive backgrounds in the gaming industry, have been working tirelessly to create an immersive MMO game like no other. Space Nation’s flagship game, Space Nation
The Bank for International Settlements (BIS) has recently released a comprehensive report that sheds light on the potential risks and concerns surrounding the metaverse, a virtual digital ecosystem that has garnered significant attention in recent years. This article aims to analyze the report and delve into the challenges and opportunities that lie ahead for the
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,
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