The founders of crypto analytics platform Glassnode believe Ethereum (ETH) may break out ahead of a possible “super euphoria” crypto phase. The co-founders of Glassnode, who go by the handle Negentropic on the social media platform X, tell their 63,000 followers that Ethereum against Bitcoin (ETH/BTC) may be printing a bullish reversal pattern. According to…
The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated $6.8 to $10 million. The Velocore team is actively pursuing the hackers and is open to negotiating a settlement. Hackers Exploited Vulnerabilities Within the CPMM Pool Contract The decentralized exchange Velocore on Zksync…
A crypto analyst says whales have abruptly accumulated tens of millions of dollars worth of Dogecoin (DOGE) in just a matter of days. Crypto strategist Ali Martinez tells his 63,100 followers on the social media platform X that deep-pocketed investors have snapped up 700 million DOGE worth $112 million in just 72 hours. Source: Ali…
ETHUSD posts fresh 2-month high following ETF approval But sustains some losses as advance seems overstretched Momentum indicators ease from overbought conditions ETHUSD (Ethereum) has been on the rise after claiming the 50-day simple moving average (SMA) in mid-May. Moreover, the regulatory approval of spot-Ethereum ETFs in the US boosted the price to a fresh…
Former President Donald Trump is continuing to express his support for the crypto industry, saying that he will protect the right of 50 million Americans to self-custody digital assets. Speaking to his supporters in Washington D.C., the 2024 Republican candidate says that he’s going to “crush” the Biden Administration’s anti-crypto stance. Trump goes on to…
The United States Securities and Exchange Commission (SEC) approved applications from major exchanges, including Nasdaq, CBOE, and the NYSE, to list spot Ether (ETH) exchange-traded funds (ETFs), but firms planning to issue the funds will still have to get approval from the regulator. Last week, ETH ETFs took a major step toward becoming a reality after the SEC,…
A closely followed crypto strategist believes that a top Ethereum (ETH) rival could go on an explosive rally of more than 230%. Pseudonymous analyst Inmortal tells his 213,800 followers on the social media platform X that Solana (SOL) could reach a new all-time high (ATH) by the end of the summer. “1. New ATH by…
In the lead-up to the November elections, cryptocurrencies have become a prominent topic in the race for the White House. Notably, the Biden administration has changed its approach to digital asset regulation, likely influenced by former President Donald Trump’s support for the nascent industry. Biden Administration Calls For Balanced Crypto Regulation In an executive release,…
Barry Silbert’s Digital Currency Group (DCG) has once again come up short in its bid to recoup its own losses ahead of customers of its bankrupt Genesis digital lending platform. Late last week, U.S. Bankruptcy Judge Sean Lan approved a bankruptcy liquidation plan that will see Genesis Global return around $3 billion in cash and tokens to customers impacted by the…
Analyst picks Floki Inu over Pepe and Bonk as meme coins join the crypto party Surging Bitcoin and Ethereum could help FLOKI price higher. Technical picture also bullish for the meme coin as price nears. Pepe (PEPE) and Bonk (BONK) are up 33% and 24% respectively as the memecoin world bids to join the crypto…