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Category: Cryptocurrency

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Fantom (FTM) Bulls Prepare to Take Price Toward $1

In Brief Fantom price could rise above its recent slump with a potential to reach $0.66 or even $0.99 if bullish trends persist. The token trades above the 23.6% Fibonacci level, suggesting a potential upswing if it holds above the bear market support floor If bears regain control, the bullish thesis may be invalidated, and…
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SEC Approves Spot Ethereum ETF: ETH Price Dips

In Brief The SEC has approved the first-ever Ethereum ETF, marking a major milestone for Ethereum and the crypto industry. This approval indicates growing institutional acceptance and allows investors to gain direct exposure to Ethereum. Following the news, Ethereum’s price had muted response. It is currently trading around $3,475. Ethereum has followed in Bitcoin’s footsteps,…
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Kamala Harris Probes Crypto, Discusses Bitcoin Conference 2024 Speech

In Brief Billionaire Mark Cuban notes Kamala Harris’ team has been asking numerous crypto-related questions. Bitcoin Magazine CEO reveals that Harris is in discussion for speaking at the Bitcoin Conference 2024. The crypto community reacts to Harris’ interest with mixed opinions on potential policy changes.   Vice President Kamala Harris is probing the crypto industry…
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Chainlink (LINK) Realized Gains Spike as Token Breaks Out of Falling Wedge

In Brief Chainlink realized gains spiked to $106.55 million, but subsequently, reduced realize losses could trigger an uptrend. The token’s price could see sustained growth following a rise in active and new addresses on the network. LINK has broken out of a falling wedge, and despite a slight fall, a buy signal appears, suggesting a…
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Internet Computer (ICP) Correlation With Bitcoin May Spark Further Gains

In Brief Internet Computer has been moving in a similar direction to Bitcoin as indicated by a 90-day correlation. This correlation has contributed to ICP’s recent price gains and a key integration could strengthen it. ICP’s price trades above the 20 EMA with the Supertrend supporting a bullish outlook for the token. Not all cryptocurrencies…
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SEC Approves Spot Ethereum ETF: ETH Price Dips

In Brief The SEC has approved the first-ever Ethereum ETF, marking a major milestone for Ethereum and the crypto industry. This approval indicates growing institutional acceptance and allows investors to gain direct exposure to Ethereum. Following the news, Ethereum’s price had muted response. It is currently trading around $3,475. Ethereum has followed in Bitcoin’s footsteps,…
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Pavel Durov Unveils Telegram’s Web3 Integration Plan for July

In Brief Telegram founder Pavel Durov announced the launch of a Mini App store and in-app browser with Web3 support by the end of July. This initiative follows the success of Telegram Mini Apps and aims to make the messaging app a central player in blockchain adoption. Durov plans to combat malicious actors through a…
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Crypto Market Awaits Reaction After German Government Now Has Zero Bitcoin

In Brief The German government has concluded its major Bitcoin sell-offs, leaving its wallet completely empty. These transactions involved significant transfers to several major exchanges and institutional services. The crypto community reacted positively to this development, with Bitcoin’s price slightly increased. The German government has finally emptied its Bitcoin (BTC) wallet. On-chain data reveals that a…
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Enhanced Web3 Wallets Are the Driving Force Behind Crypto Mass Adoption, Experts Say

In Brief Enhanced Web3 wallets simplify crypto transactions and improve security. Advanced Web3 wallet features make crypto transactions more seamless. Interoperability in Web3 wallets boosts accessibility and user experience. Web3 wallets are becoming increasingly important instruments for widespread adoption in the crypto scene. Experts like Luis Ocegueda, Head of Engineering at Trust Wallet, and Alvin Kan,…
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Donald Trump and Web3: The Fourth NFT Is Coming, Crypto Donations Reach $3 Million

In Brief Donald Trump plans to launch a fourth NFT collection, building on previous successes. His campaign has received $3 million in crypto donations, indicating strong support. Crypto donations come from both high-profile crypto leaders and ordinary US citizens.   Former US President Donald Trump hints at a plan to launch his fourth non-fungible token…
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