The US Securities and Exchange Commission (SEC) is on the brink of approving Ether exchange-traded funds (ETFs) by July 22nd, as indicated by industry insiders. At least three out of eight firms have reportedly been notified by US regulatory authorities that they are likely to receive final approval to launch these new financial products by
Crypto
The latest data from IntoTheBlock reveals that Bitcoin (BTC) whales have taken advantage of the recent dip in BTC price to significantly increase their holdings. These large players, holding more than 0.1% of the total Bitcoin supply, accumulated an impressive 71,000 BTC this week. This accumulation, equivalent to over $4.3 billion, underscores their strategic moves
In a recent tweet, Michael Saylor, the chairman and co-founder of MicroStrategy, made a profound statement about Bitcoin that has resonated with many in the cryptocurrency community. Saylor declared that “Bitcoin is the bridge from chaos to hope,” emphasizing the role of Bitcoin in providing stability and optimism in the face of global economic uncertainties.
Bitcoin may be on the verge of another impressive surge, as the market indicates a potential increase in a crucial technical indicator. A market rotation occurred recently, with the Russell 2000 Index experiencing a notable 3% increase while the Nasdaq declined by over 2%. This shift towards riskier assets has historically preceded substantial rallies in
The recent failure of Bitcoin to climb above the $60,000 mark is a concerning sign for the future of the asset. Despite several attempts, the cryptocurrency has faced substantial resistance, with the price currently hovering around $57,409. This struggle to stay above the 200 EMA at $58,165 suggests that further declines may be on the
Following the recovery of the cryptocurrency market, there has been a noticeable increase in funds flowing back into the market. This influx ranges from retail investors to institutional giants, all hoping to capitalize on a potential strong retrace. Recent data released on July 11 indicates that nine Bitcoin ETFs collectively added 1,661 BTC, amounting to
In a groundbreaking announcement on July 12th, 2024, ChainwireAxiom Foundation revealed its partnership with GolfN to revolutionize the field of Play-to-earn in real-world golf. This collaboration aims to integrate blockchain technology into the golfing experience, offering golf enthusiasts a new way to engage with the sport. Axiom Foundation’s Commitment Axiom Foundation, a non-profit organization, has
In the fast-paced world of blockchain technology, staying ahead of the curve is essential. The recent announcement of the Dora 2.0 update brings forth a series of significant upgrades to the Dora platform. These upgrades aim to provide users with a seamless experience across multiple chains, bridging the gap between different ecosystems and offering a
Bitcoin price has been on a downward trajectory recently, experiencing a 17% drop over the past month. This decline has brought the cryptocurrency to its lowest level since February 2024. While there has been a slight rebound in the last five days, this minor uptick has not been sufficient to offset the significant fall seen
Dora, the unified search and action engine for the multichain world, recently closed a successful $5.5 million early stage funding round. This round was co-led by Dragonfly Capital and Lemniscap, with the participation of Robot Ventures, Ethereal Ventures, Maven11, and Arche Capital, as well as notable angel investors like Rushi Manche and Dino Savonin. The