The recent price action in the cryptocurrency market has led some Ethereum (ETH) holders to panic sell and diversify into other layer-1 altcoins such as Solana (SOL) or Cardano (ADA). The concern among these investors is that ETH may not be able to replicate its performance from the previous bull cycle, where it reached an
As the possibility of U.S. spot Ethereum (ETH) ETFs becomes more realistic, experts are questioning whether their approval will have a significant impact on the market, similar to that of Bitcoin (BTC) ETFs. According to Bitwise, the world’s largest crypto index fund manager, the impact will not be as substantial. In this article, we will
The Bitcoin market is experiencing a retracement higher as bulls set their sights on a price target of $40,000. Cryptocurrency traders are showing a keen interest in Bitcoin Minetrix, a new stake-to-mine Bitcoin alternative, as its Initial Coin Offering (ICO) surpasses $4 million. Despite recent news regarding the delay of a decision on the first
South Korea’s National Pension Service (NPS) has recently made a significant profit of 40% from its investment in Coinbase, a prominent cryptocurrency exchange based in the United States. In the third quarter of this year, the fund acquired over 280,000 shares of Coinbase, amounting to approximately $20 million. This investment proved lucrative for the NPS,
OpenSea, one of the leading NFT marketplaces, is currently grappling with a widespread phishing campaign that is causing concern among its user base. In this article, we will delve into the details of this alarming situation, highlighting the tactics employed by attackers and shedding light on the implications for OpenSea and its users. An Unsettling
Solana (SOL) has experienced an impressive rally, surging above the $60 resistance level against the US Dollar. The cryptocurrency has seen a significant price increase of over 50% in just a few days. This surge has positioned SOL to continue its upward momentum, targeting the $75 level. SOL initiated its major rally by surpassing the
Several American lawmakers have expressed their concerns to the U.S. Treasury regarding a proposed taxation scheme for digital assets. In a letter dated November 15th, these lawmakers highlighted the potential negative impact of the proposed scheme on innovation and the digital asset ecosystem. The concerns specifically relate to the taxation rules that were put forward
The Solana (SOL) network has experienced a surge in value, gaining more than 17% after receiving praise from ARK Invest CEO Cathie Wood for its efficiency and cost-effectiveness. Wood, in a recent CNBC interview, recognized the Solana network as a crucial player in the wider blockchain ecosystem and commended its performance in the current market
The New York State Department of Financial Services (NYDFS) has recently implemented stricter guidelines for firms listing and delisting cryptocurrencies in New York. These measures aim to better protect investors and ensure a well-regulated virtual currency marketplace. The new restrictions, unveiled on November 15, require crypto companies to submit their coin listing and delisting policies
Manny Pacquiao, the legendary Filipino boxer, is not only celebrated for his impressive boxing career but also for his countless achievements in and outside of the ring. With an astounding record of 62 wins out of 72 professional matches, Pacquiao has proven himself as one of the greatest boxers of all time. He has achieved
