Ethereum (ETH) has recently faced a challenging market environment, shedding 14% in just five days and currently trading at $2,346. This downward trend has pushed ETH into a crucial support zone, potentially signaling a reversal and presenting an attractive buying opportunity for savvy investors. In this article, we’ll explore the […]
In a promising turn of events for the cryptocurrency landscape, venture capital (VC) funds have invested over $659 million in crypto startups in September 2024, reflecting a 3% increase compared to August, according to DefiLlama data. This influx of capital underscores the resilience of the crypto sector, particularly as it […]
In a groundbreaking announcement, SWIFT, the global financial messaging network, is gearing up for a major leap into the digital asset landscape with trials set to commence in 2025. Serving over 11,500 financial institutions worldwide, this initiative marks a significant step towards addressing the fragmentation in the digital asset ecosystem. […]
As Bitcoin (BTC) hovers near a critical support level, market analysts are on high alert, predicting that the leading cryptocurrency may be on the verge of a significant rebound. With recent lows bringing Bitcoin to the brink, expert insights indicate that this may be the last major dip before a […]
Cathie Wood’s ARK Invest has solidified its position as a major player in the artificial intelligence (AI) sector by increasing its investment in OpenAI, the firm behind ChatGPT. ARK contributed $250 million to OpenAI’s recent $6.6 billion capital raise, making the AI firm the third-largest holding in the ARK Venture […]
The battle between Ethereum and Solana for dominance in the blockchain space is heating up, as new developments suggest that Solana could emerge as a serious contender to Ethereum’s long-held reign. A recent report from Swiss-based Sygnum Bank indicates that financial institutions are increasingly eyeing Solana for its scalability, low […]
In a strategic move, Bitcoin mining company TeraWulf has sold its stake in the 200-megawatt Nautilus mining facility to its partner, Talen Energy, for $92 million. The sale marks a 3.4x return on TeraWulf’s investment and positions the firm to pursue both AI and Bitcoin mining advancements. $92 Million Deal […]
In a significant move for cryptocurrency investment, Bitwise Asset Management has officially filed for a spot exchange-traded fund (ETF) focused on XRP. The announcement, confirmed by Bitwise Chief Investment Officer Matthew Hougan to The Block, adds a notable player to the growing landscape of crypto ETFs seeking approval from the […]
In a heated legal battle shaking the cryptocurrency landscape, Proton Management, a prominent Bitcoin mining firm, has fired back against allegations made by Swan Bitcoin. The lawsuit, filed by Swan Bitcoin in the Central District of California, claims that Proton executed a calculated plan to usurp its mining business, an […]
As the cryptocurrency landscape evolves, traders are keenly observing POPCAT, one of the prominent meme coins in the Solana ecosystem. The latest technical indicators suggest a potential continuation of its upward trajectory, but critical levels are emerging that could either fuel further buying interest or spark selling pressure. With current […]