In Brief Skepticism about the spot ETF delay led Ethereum-related investments to reach its lowest since August 2022. Exposure to ETH leveraged positions continues to rise, according to a recent research. ETH’s price may decrease to $3,190 as a sell-wall appears between $3,290 and $3,386. Contrary to previous anticipation and predictions, the several spot Ethereum…
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In Brief Bitwise updates S-1 filing with the SEC, including a six-month fee waiver plan. Market analysts predict a possible July 15 launch for the spot Ethereum ETF. The SEC review and approval are key to the ETF’s expected market entry. Asset manager Bitwise recently updated its S-1 filing for its spot Ethereum exchange-traded fund…
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In Brief Fetch.AI (FET) jumped 20% following Injective’s collaboration hint. The crypto community fueled FET’s price surge with speculations. AI-related tokens outperformed during a broader market downtrend. Fetch.AI (FET) has seen a nearly 20% increase in value over the last 24 hours following a tweet from Injective hinting at a potential collaboration. This surge comes…
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In Brief XRP price is slowing its drawdown after falling below $0.50 in the last two weeks. Whales have accumulated over 100 million XRP worth $47 million in the last 48 hours. Retail investors are not very active in the network, which could counter whales’ bullishness. Ripple’s (XRP) price action has consistently disappointed its investors,…
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In Brief The US Supreme Court’s has decided to overturn the Chevron doctrine. The ruling was widely hailed by crypto stakeholders as a game-changer. However, crypto skeptics bashed the court’s decision for being a “power-grab.” The crypto community is celebrating the US Supreme Court’s decision to overturn the Chevron doctrine, a 40-year-old principle that defers…
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After the introduction of the controversial hamster, which until this moment, there is probably no one who has not entered this fascinating game, and the successful experience of NotCoin and TapSwap, finally a new and reliable game with a completely different and new style, called Yescoin , has entered the field of competition. Currently, with…
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Crypto community left disappointed as candidates sidestep Bitcoin and digital assets in key debate. President Joe Biden and former President Donald Trump faced off in their first debate of the 2024 election season on Thursday, June 27, in a high-stakes encounter that highlighted stark contrasts between the two candidates. The 90-minute discussion, hosted by CNN in…
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Quick Take As of June 28, the final trading day of the quarter, Bitcoin (BTC) has experienced a challenging period, with its value dropping approximately 9% in June. A substantial $6.6 billion worth of options for BTC are set to expire on June 28. Despite hitting its all-time high in March, BTC has struggled over the past…
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Phantom Wallet users warned of fake app that resembles authentic version, resulting in significant financial losses. A fake Phantom wallet app in the Apple Store is reported to drain assets upon account recovery with a private key. Phantom Wallet and Solana users have been alerted to the fraudulent app mimicking the legitimate Phantom Wallet. The fake app,…
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In Brief ENS price has marked a 7% decline in the last 24 hours, trading at $24.8. About $144 million of profits have been lost due to the sharp fall. ENS market top has been formed every time the profitable supply exceeds 90%. Ethereum Name Service (ENS) price has painted a red candlestick on the…
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