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Amid strong criticism for the Ethereum blockchain and its underperformance this year, VanEck head of digital assets – Matthew Sigel – has come out defending the network while citing its strong economic model. The ETH price has also been subject to criticism failing to show enough traction even after the launch of the spot Ether
Bitcoin (BTC) is showing signs of a potential bullish rebound, with the cryptocurrency's supply on centralized exchanges significantly declining. The flagship cryptocurrency has been striving to hold the $57,000 support level despite lingering concerns of further price drops in September.
Meme coins like WIF and BONK did not make the list.
Discover six essential talks from a16z Crypto Startup Accelerator (CSX) offering valuable insights and strategies for early-stage crypto startups.
The price of Bitcoin (BTC) has stalled after falling above the $53,000 mark. The largest cryptocurrency fell to a low of $52,756 before recovering.
$600 and $450 are formidable resistance and support levels, but the latter is likely the more feeble of the two.
Cryptocurrency exchange Coinbase has secured a partial victory against the U.S. Securities and Exchange Commission (SEC), potentially gaining access to critical documents regarding the agency's classification of tokens as securities.
Old-school commodities trader who has been in the business since as early as the 1970s, Peter Brandt, has addressed his followers with quite a gloomy comment on the situation Bitcoin has found itself in by now.
Eighty-eight corporate leaders have joined forces in a letter endorsing US Vice President Kamala Harris' presidential campaign. Chris Larsen, Ripple's co-founder and executive chairman, was among the signers of the “strategic” letter to support the Democratic nominee.
A Nigerian court is set to make a crucial decision on October 9 regarding the bail application of Tigran Gambaryan, a senior executive at Binance. Gambaryan, who has been in detention for over six months, faces serious charges of currency manipulation and money laundering.
Supporters want previous gains to repeat.
A well known asset management firm, VanEck is closing its Ethereum Futures ETF (EFUT). This marks a significant pivot in the firm's strategy amid evolving market conditions. The firm has been operating this ETF for less than a year. This ETF has been operational for less than a year.
Long-time trader Peter Brandt is issuing a warning on Bitcoin (BTC) amid the formation of a bearish chart pattern on the flagship crypto asset's weekly time frame. Brandt tells his 737,000 followers on the social media platform X that Bitcoin is forming an inverted expanding triangle pattern on the weekly chart.
While Bitcoin continues its downward trend, HNT and STRK emerge as the top gainers in the altcoin market due to strategic network upgrades and community optimism.
Alex Blania, CEO of Tools for Humanity, emphasized Worldcoin's commitment to scaling its iris-scanning technology at Korea Blockchain Week 2024 in Seoul.
Shiba Inu's burn portal sees no activity. Still, overall SHIB burns have surged by over 400%.
The strategies adopted by the rich: using bitcoin to protect themselves from risks and more.
On Friday, the Nvidia stock rout extended with the NVDA price crashing more than 4% all the way to $102.83. Over the past week, the NVDA share price has corrected by 14% sending the entire US tech industry into a tailspin.
Crypto traders with the necessary information had made smart decisions to exit the market before August and September bears took over. With the crypto market expected to rise again soon, the crucial question of how far the prices fall continues to linger in most traders.
DOGE is among the poorest performers now.
In 2020, Justin Sun, the founder of the Tron blockchain, famously gifted 1,930,830 TRX coins to renowned American entrepreneur Warren Buffett. At the time, the value of the TRX gift was approximately $31,086. Fast forward to 2024, that same holding has surged by 1000%, bringing Buffett's TRX holdings to a remarkable $289,000.
As the first week of September concluded, the Solana (SOL) price settled at $124, raising concerns for investors as the fifth largest cryptocurrency risks breaching the critical $100 threshold. According to market analyst Ali Martinez, recent technical analysis indicates that a sustained close below the channel's lower boundary at $126 could trigger a significant price correction for Solana, potentially dropping to $110 or even $90.
On Friday, asset management firm and exchange-traded fund (ETF) issuer VanEck announced its decision to liquidate its Ethereum Futures ETF (EFUT). According to the official release, shareholders will have the opportunity to sell their shares on the fund's listing exchange until market close on September 16, 2024.
Bitcoin-based DeFi applications are gaining momentum, raising the possibility that they could surpass Ethereum's dominance in terms of total value locked (TVL) within the next two years. This emerging trend reflects Bitcoin's growing role in DeFi, challenging Ethereum's long-standing supremacy.
