Crypto News Center

Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level

The Ethereum price has been under intense bearish pressure over the past few weeks, continuing in a downward spiral over the last seven-day period. This horrid run of form has persisted despite the recent launch of spot ETH ETFs. According to recent on-chain data, the price of the altcoin seems to be approaching a significant level. This recent price action begs the question — is the Ethereum price in make-or-break...

Beeple Satirizes Andrew Tate and Iggy Azalea in New NFT

While Beeple did not indicate if the artwork is for sale, he has a history of earning millions from his pieces. Renowned digital artist Mike Winkelmann, simply known as Beeple has released a new satirical piece featuring controversial figures Andrew Tate and Iggy Azalea, both of whom recently entered the meme coin frenzy with their own coins. Earlier this month, Iggy Azalea launched a meme coin named MOTHER, which generated...

GOAT token soars as Binance lists perpetual contract

Popcat rose more than 10% to hit a new all-time high of $1.67 The cat-themed meme coin’s surge coincides with an uptick for most meme coins Popcat (POPCAT) is among the top gaining coins in the top 100 by market cap. This comes as Popcat’s price recorded a 24-hour spike of over 10.5% to hit a new all-time high of $1.67. The cat-themed Solana meme coin has jumped more than...

Blockchain Life 2024 gathered the leaders of the crypto community from 120 countries in Dubai

MEXC and MEXC Ventures have announced a $20 million Aptos ecosystem fund. Aptos is a Layer-1 blockchain platform renowned for its high-performance infrastructure and commitment to advancing Web3 mass adoption. This ecosystem fund is designed to support the Aptos ecosystem’s continuous innovation. This fund will sponsor hackathons, invest in and incubate early-stage projects, and provide support for the MOVE developer community. As Aptos scales its capabilities and continues to pioneer...

Ethereum ETFs Surge with Robust Inflows, Signalling Market Turnaround

US Ethereum ETFs recently reported over US$700 million in inflows, signalling a significant market shift. These inflows correspond with a notable rise in ETH prices, adding momentum to the ETFs’ growth. BlackRock’s iShares Ethereum Trust leads with the largest asset accumulation, underpinning the ETFs’ success. A pending change at the SEC could further boost the prospects of altcoin ETFs under the new crypto-friendly chair nominee. Spot Ethereum exchange-traded funds have...

Speculative traders dominate Ethereum market – Bullish or bearish for ETH?

contributor Posted: November 20, 2024 Share this article Ethereum reserves on derivative exchanges have surged to the highest level in more than a year as speculative activity rises. Rising open interest also suggests traders are increasingly betting on Ethereum’s future price moves. Ethereum [ETH] has struggled to keep up with the performance of Bitcoin [BTC] and other top altcoins because, in the last seven days, it has dropped by 6%...

Criminal at Bitcoin 2024, BTC Strategic Reserve Bill, and more: Hodler’s Digest, July 28 – Aug. 3

Senator Lummis introduces the Bitcoin Strategic Reserve Bill, the convicted Bitfinex hacker appears at Bitcoin 2024, and other news. by Editorial Staff 10 min August 3, 2024 Share Share Share Share Top Five Stories of the Week Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, which would direct the United States government to start a reserve...

Animoca Brands Withdraws $4.95 Million In $SAND From Binance Amid Market Fluctuations

Animoca Brands, the developer behind The Sandbox, has recently withdrawn $20 million worth of $SAND tokens from Binance, amounting to approximately $4.95 million. This transaction occurred in two separate batches, with the first withdrawal taking place around 17 hours ago. Subsequently, the tokens were transferred to a new address, 0x3Ac…a9192, five hours later. This address now holds a total of 25 million $SAND tokens, valued at about $6.16 million. However,...

XRP Price Crash: Peter Brandt Issues Dire Warning Amid Ripple vs SEC Drama

The ongoing crypto correction, triggered by significant news on Wednesday, has impacted Ripple Labs-backed XRP. Over the past 24 hours, this large-cap altcoin, valued at around $60 billion and with an average daily trading volume of $2 billion, dropped nearly 8 percent. By early Thursday’s New York session, XRP was trading around 60 cents. Despite the recent downturn, the Ripple community is celebrating a strong performance in July, with XRP...

WTI continues to rise toward $69.00 due to improved demand outlook in China

WTI price appreciates as China announced plans to adopt proactive fiscal stimulus measures next year. API Weekly Crude Oil Stock rose by 0.499 million barrels against an expected decrease of 1.30 million barrels. Traders are anticipating the upcoming OPEC Monthly Oil Market Report to evaluate crude Oil market trends for the year ahead. West Texas Intermediate (WTI) Oil price extends its gains for the third successive session, trading around $68.80...