[ad_1] The realm of cryptocurrency ETFs appears to be now expanding, yet not all digital assets are poised for an easy transition into this financial product. GSR’s recent analysis of the potential for ETFs across various crypto has brought forward insights that place XRP and Cardano in a challenging position for ETF adaptation. Using a […]
[ad_1] Louisiana Governor Jeff Landry signed a bill to prohibit central bank digital currencies (CBDCs) and protect crypto mining on June 19. The bill, HB 488, prevents governing authorities from accepting or requiring payments in CBDCs. It also bars authorities from participating in CBDC tests by the Federal Reserve Board of Governors and other federal […]
[ad_1] Analysts at market intelligence platform CryptoQuant have outlined on-chain metrics that could signal that the bitcoin (BTC) price has bottomed and cryptocurrencies are beginning to rally again. The latest weekly CryptoQuant report mentioned signals like higher bullish momentum, rising BTC demand, and faster stablecoin liquidity growth as the metrics to watch. Higher Bullish Momentum […]
[ad_1] It is no secret that Bitcoin miners are currently experiencing significant financial stress, especially following the completion of the fourth halving event. As a result, these vital network participants are being forced to offload their BTC holdings to offset the increasing operational costs. Interestingly, the latest on-chain data shows that the Bitcoin market is […]
[ad_1] Gala Games has announced the launch of Treasure Tapper, an innovative clicker game on Telegram designed to reward players with free $TREZ tokens. According to Gala News, Treasure Tapper offers an engaging and fun way for users to accumulate tokens by simply tapping their screens. How to Play Playing […]
[ad_1] Officially introduced to the Ethereum network on March 13, 2024 in the Dencun upgrade, blobs are a new type of data storage space designed to make rollups cheaper and more efficient. The consensus within the Ethereum community is that the best way to scale Ethereum is through rollups, also known as Layer 2s or […]
[ad_1] This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) Ethereum fell by 3% this week, and buyers appear to struggle to defend the key support at $3,500. So far, they have managed to prevent a breakdown. If sellers maintain the pressure, ETH could have a difficult week […]
[ad_1] Bitcoin miner Marathon Digital is diversifying its revenue by mining Kaspa, a proof-of-work (PoW) layer 1 blockchain network. The miner said it became interested in Kaspa in May 2023 when its internal analysis revealed diversifying opportunities beyond Bitcoin mining. The company deployed its first Kaspa mining machine in September 2023. Since then, Marathon Digital […]
[ad_1] According to blockchain analytics platform Lookonchain, a Bitcoin wallet that had been inactive for 14 years has reemerged. The entity deposited 50 BTC worth around $3.05M to Binance. Early Bitcoin Miner Wallet Moves 50 BTC The dormant wallet, belonging to an early Bitcoin miner, sprang to life on Thursday, moving its entire balance of […]
[ad_1] The Bitcoin price has been under significant bearish pressure in the past few weeks, and this crypto researcher has explained the role of demand in the market correction. BTC Apparent Demand Is Falling – Cause For Alarm? In a recent post on the X platform, CryptoQuant’s head of research Julio Moreno explained how the […]
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