Ethereum, the second-largest cryptocurrency and the most prominent altcoin, has experienced significant growth in its market capitalization over the past year. According to a report from crypto analytics firm IntoTheBlock, Ethereum’s market cap has increased by 85%, moving from approximately $149.18 billion to its current value of $275.98 billion. However, when compared to other major
As the year comes to a close, the interest in altcoins, particularly Polkadot (DOT), has significantly increased. With an impressive gain of 47% in December alone, Polkadot has emerged as a standout performer in the cryptocurrency market. Furthermore, in the last two days, the value of DOT has risen by 20%, reaching a new record
Cryptocurrencies, including XRP, have experienced a rollercoaster ride of price movements this year. The value of XRP has increased by 74% in 2024, aligning with the overall bullish sentiment in the cryptocurrency market. However, XRP’s journey has not been without its ups and downs. While it witnessed a significant price spike earlier in the year,
The Securities and Exchange Commission (SEC) has been facing a battle with the crypto industry over the approval of a Bitcoin exchange-traded fund (ETF). While a U.S. circuit court in Washington D.C. recently ordered the SEC to revisit its rejection of a Bitcoin ETF application by Grayscale, the outcome is still uncertain. This article will
The native cryptocurrency of Solana continues to impress with its recent surge, breaking beyond the $110 mark on Sunday morning. This remarkable rise showcases the resilience of Solana and its growing acceptance in the cryptocurrency space. The price of SOL has soared to levels not seen since Terra collapsed a year and a half ago,
The U.S. Securities and Exchange Commission (SEC) has recently set a strict deadline of December 29th for companies interested in launching exchange-traded funds (ETFs) tied to the spot Bitcoin price. This development, which emerged from a high-level meeting on December 21st, has garnered significant attention from leading financial entities, including BlackRock, Grayscale Investments, ARK Investments,
After a period of struggle, the Bitcoin price has managed to regain its lost momentum and climb back above $43,000. This positive run has sparked excitement among crypto enthusiasts, with many hopeful for new highs in the near future. A popular crypto analyst on the X platform, Ali Martinez, has recently published a new prognosis
In March 2022, Mikhail Klyukin, a Russian banker under White House sanctions, made headlines when he sold over £15m in shares of UK-based cryptocurrency firm Copper Technologies. The involvement of Copper Technologies, chaired by former Chancellor Philip Hammond, in this transaction has sparked concerns about the transparency of cryptocurrency transactions and the potential evasion of
In the midst of a crypto market downturn and the rise of global interest rates, investors have started to shift their focus towards artificial intelligence (AI). While Bitcoin remains a significant player, experts are predicting that AI will take center stage in the coming years. According to a recent projection by Nansen, AI agents are
Cryptocurrency exchange BitMEX’s former CEO and co-founder, Arthur Hayes, recently expressed his concerns about the potential downfall of Bitcoin. Hayes specifically raised reservations about the possible launch of Spot Bitcoin ETFs and the involvement of traditional finance (TradFi) asset managers. In his final article of the year, Hayes argued that if these ETFs were to
