Asset manager VanEck recently made headlines by revising its prediction for Ethereum (ETH), suggesting that the second-largest cryptocurrency could reach a staggering $22,000 by the year 2030. This substantial increase from their previous estimate of $11,800 shows a significant bullish sentiment towards the future of Ethereum. VanEck pointed out that the anticipated launch of Spot
In a bold move, Robinhood has announced its plans to acquire Bitstamp, a global crypto exchange, for around $200 million in cash. This acquisition marks a significant step for Robinhood as it looks to expand its offerings and strengthen its position in the crypto market. With an extensive global footprint in regions such as Luxembourg,
The US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing an unprecedented wave of inflows, with 17 consecutive days of net additions. A significant surge was observed on a particular Tuesday, with $886.6 million pouring into these ETFs – the second-highest single-day influx since their introduction. Following closely behind, another substantial inflow occurred the next
The collaboration between MetaMask and HyperPlay has ushered in a new era for Web3 gaming, revolutionizing the way users interact with blockchain technology in the gaming world. By introducing a games directory into the MetaMask Portfolio, this partnership aims to streamline the user experience and bridge the gap between traditional and blockchain gaming platforms. The
In a recent development, a group of U.S. lawmakers, led by House Foreign Affairs Committee Chair Michael McCaul and supported by 11 other congressional leaders, have called on President Joe Biden to intervene in the detention of Tigran Gambaryan, a high-ranking executive at Binance. The lawmakers are demanding that the situation be treated as a
In a surprising move, Bybit has recently removed China from the list of countries whose citizens are restricted from using its services. This decision was confirmed by CryptoSlate on June 5 through the exchange’s website. While China is now off the restricted list, other countries such as the United States, the United Kingdom, Canada, Singapore,
Real-world assets have gained notable popularity in the cryptocurrency space as they represent physical assets such as properties and objects. These assets operate through smart contracts and blockchains and have shown massive growth, boasting a market capitalization running into billions of dollars. Santiment, an on-chain analytics firm, has revealed that Chainlink (LINK) is leading the
In recent months, a significant trend has emerged in the world of Bitcoin – large holders, also known as “whales,” are accumulating more tokens. Data shows that a select group of whale addresses now collectively possess over 40% of the total Bitcoin supply. This accumulation by whales, particularly those holding over 1,000 BTC, has been
In a surprising turn of events, a whale investor has recently been making headlines for their extraordinary accumulation of Shiba Inu (SHIB) tokens. Over the course of just six hours, this investor spent a whopping 4,849 ETH, equivalent to approximately $18.44 million, to acquire an astounding 715.9 billion SHIB. This massive buying spree is a
The crypto market has continued to showcase its dominance over traditional assets like Gold, with Bitcoin, Ethereum, and Solana leading the way. According to a recent report, these digital assets have outperformed major traditional assets, boasting annualized returns of 141%, 152%, and 224%, respectively. In comparison, the best traditional asset, NDX, only has an annualized
