Ethereum whales buy big as ETH bottom approaches, analysts predict
Ether ETFs are on track to reach $500 million in net outflows, but according to market analysts, the ETH bottom may be in.
Related Posts
BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation
Delo was allowed to leave the country to travel to Hong Kong where he is a resident, bringing to a close his part in the legal saga which began in 2020. 40 Total views 6 Total shares Benjamin Delo the co-founder of cryptocurrency exchange BitMEX has been sentenced to 30 months probation for violating the…
‘There’s no more exciting time than now’ for Bitcoin: BTC Prague 2023
Samson Mow, the CEO of Jan3, spoke with Cointelegraph about the current state of Bitcoin and why he’s bullish for the future. 150 Total views 7 Total shares In recent weeks, the cryptocurrency market has faced bearish trends, driving crypto market capitalization down to its lowest level in over two months.However, according to some market analysts,…
Rise of the exchange token: From utility coin to long-term investment?
Native exchange tokens have exploded in value in recent months, alongside the wider cryptocurrency markets, changing the narrative for what these tokens were originally meant for.Bitcoin (BTC), Ether (ETH) and other cryptocurrencies have seen exponential growth over the past six months. In part, this is due to major institutional investors finally entering the markets in…
FTC takes aim at OpenAI’s ChatGPT with lengthy criminal investigation questionnaire
The U.S. federal agency wants to know if the revolutionary AI tool has sound privacy practices and whether it has led to consumer harm. 382 Total views 2 Total shares OpenAI, maker of AI chatbot ChatGPT and related products, has received a criminal investigative demand (CID) from the United States Federal Trade Commission (FTC), the…
Expert: SEC Still In Information-Gathering Mode Regarding Bitcoin ETF
The United States Securities and Exchange Commission (SEC) is "still in information-gathering mode" regarding a bitcoin (BTC) exchange-traded fund (ETF), the managing director of ETF.com told CNBC on May 20.Dave Nadig, managing director of а leading authority on ETFs, delivered his comments on the issue during an interview with the ETF Edge show. Nadig said:“It…
Bitcoin gets closer to ‘51% attack’ on altcoin market
Bitcoin's (BTC) percentage share in the crypto market has risen to nearly 50% in the aftermath of the last week's altcoin market rout.On June 13, the Bitcoin Dominance Index (BTC.D), which tracks BTC's weight against other cryptocurrencies, reached 49.29%, slightly down from its two-year highs of 49.66% seen earlier this week. BTC.D daily price chart. Source:…
When Will Bitcoin Join the DeFi Revolution?
As of early February, more than $1 billion U.S. dollars of assets reside in decentralized finance protocols, commonly called DeFi protocols. DeFi protocols and platforms offer crypto holders sophisticated financial tools that were unavailable to them just a year or two prior, but the rapid evolution and speedy adoption of DeFi has left some observers…
Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed
It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin prices, plus the panic selling that took place after stablecoins lost their peg to the U.S. dollar.The bearish headwinds for the crypto market have been building since late…