Ethereum has been maintaining a strong position above the $3,500 price level, with investors eagerly looking forward to a potential push past the $4,000 mark. This surge in optimism has corresponded with a significant increase in open interest in Ethereum futures. Open interest is a valuable metric that tracks the total number of open positions
The recent hack of Prisma Finance, where $11.6 million was stolen from the decentralized finance (DeFi) protocol, has raised questions and sparked discussions within the cryptocurrency community. The attacker behind the hack claimed that it was a “whitehat rescue” and expressed a desire to return the funds back to the platform. This raised eyebrows as
Bitcoin (BTC) is currently in a position for a potential surge, as indicated by a bullish technical pattern and increasing institutional investments. Analyst Ali Martinez recently identified a bull flag pattern on Bitcoin’s 4-hour chart, suggesting a consolidation period following a significant price increase. This phase, characterized by a slight downward trend and decreasing trading
The Chief Investment Officer (CIO) of Bitwise, Matt Hougan, recently shared insights on the future of spot Bitcoin exchange-traded funds (ETFs) during a 20-day road trip he embarked on. His observations shed light on the current state of adoption and allocation trends among investors and institutions. Hougan’s encounters with financial advisors revealed a stark contrast
In recent weeks, Bitcoin bulls have regained control, bringing a bullish sentiment back to the market after a period of price dips. One clear indicator of this bullish outlook is the impressive amount of inflows into Spot Bitcoin ETFs. Farside Investors reported a significant increase in inflows on March 27, with the Spot Bitcoin ETFs
The recent surge in the price of Bitcoin has attracted the attention of large investors known as whales, who hold at least 1,000 BTC in their wallets. These whales have been taking advantage of the dip in Bitcoin’s price to accumulate more coins, with the number of addresses holding at least 1,000 BTC increasing by
In recent days, KuCoin, a prominent cryptocurrency exchange, has faced a significant surge in withdrawal requests following the announcement of criminal charges by US authorities. Various on-chain analytics firms, such as DefiLlama, Nansen, and SpotOnChain, have reported a sharp increase in withdrawals across different categories of traders, including whales, funds, smart money, and market makers.
The cryptocurrency market has seen a significant surge in meme coins recently, with coins like DogWifHat (WIF) and Dogecoin (DOGE) leading the charge. DogWifHat has experienced a remarkable 42% increase in value over the last seven days, while Dogecoin has surged by 37%. These gains have outpaced more traditional cryptocurrencies like Bitcoin and Ethereum, which
Portugal’s National Data Protection Commission (CNPD) has made the decision to ban Worldcoin from collecting biometric data for a period of three months. The reasons behind this ban are related to the company’s alleged failure to verify the age of its members, leading to the collection of data from minors without proper parental consent. Additionally,
The meme coin market has been buzzing with excitement as new coins like LIGMA token and Dogecoin20 gain traction among investors. These coins promise significant returns and unique value propositions, making them attractive investment opportunities for many. In this article, we will delve into the current price trends of LIGMA token and explore whether Dogecoin20
