The DEX token $ETHETF has been gaining significant attention in the market recently. It is rapidly approaching its target of a 21% total supply burn, with 1,000,000 tokens burned in a single day. This burn is part of an ongoing dynamic burn mechanism aimed at reducing the token supply by 21M tokens, which is around
Spanish financial services giant Banco Santander recently made a significant move into the digital asset space. The bank’s Swiss private banking unit, Santander Private Banking International, unveiled a new trading service for its clients with Swiss accounts. This offering allows clients to trade in two of the most popular cryptocurrencies, Bitcoin (BTC) and Ether (ETH).
The Philippines Securities and Exchange Commission (SEC) recently issued a cautionary advisory regarding Binance’s operations within the country. While Binance is registered in other countries, the regulatory body stated that the exchange is not registered in the Philippines and lacks the necessary license and authority to operate. This article will delve into the implications of
In a recent turn of events, the exploiter responsible for the $46 million crypto theft against KyberSwap has issued a warning, demanding a more civil approach from KyberSwap executives, tokenholders, and liquidity providers during negotiations. The exploiter has threatened to postpone discussions until a more amicable atmosphere is established. This article delves into the details
Louis Vuitton, a renowned luxury brand, has recently introduced its latest digital collectible, the VIA Tile Trunk NFT. Designed by Nicolas Ghesquière, the creative director for women’s collections at LVMH, this NFT is inspired by Ghesquière’s trunk-shaped mini cube bag showcased at the Spring-Summer 2024 fashion show. It embodies a perfect balance between innovation and
Ethereum (ETH) has been demonstrating impressive performance in the cryptocurrency market, currently trading around $2,000. This marks a significant increase compared to the beginning of the year, indicating a potential upward trend. Analyst FieryTrading has predicted that ETH has the potential to reach its all-time high of over $4,800 in the near future. FieryTrading, a
In the world of cryptocurrency, Bitcoin (BTC) has always been a hot topic of discussion. Recently, the controversial Stock-to-Flow (S2F) model creator, known as PlanB, made a bold prediction that has captured the attention of the crypto community. According to PlanB, Bitcoin’s price will never plummet below the $35,000 threshold again. In this article, we
In a recent development, a U.S. court has made a ruling regarding Jump Crypto’s involvement in the ongoing case between the Securities and Exchange Commission (SEC) and Terraform Labs. The court has granted Jump Crypto the ability to submit certain information confidentially, as stated in a November 28 order. Judge Jed S. Rakoff clarified that
Cardano’s ADA token is currently exhibiting a range-bound behavior, as observed by a well-known YouTube crypto analyst. This analysis suggests that ADA has been trading within specific support and resistance levels, forming a distinctive triangle pattern on its price chart. While the pattern’s qualification as an Elliott Wave triangle remains uncertain, the analyst anticipates an
A recent analysis conducted by crypto expert CryptoCon suggests a bullish outlook for Bitcoin, with a potential rally to $48,000 by early January. The analysis focuses on the Ichimoku Cloud indicator, which has a history of signaling previous price movements with considerable accuracy. The Weekly Ichimoku Cloud has been especially reliable, accurately predicting the rise
