Lower-than-expected inflation data and a dominant Bitcoin have sparked a cautious return to crypto investment, with the US leading the charge. However, whispers of regulatory scrutiny cast a shadow over Ethereum, leading to outflows for the world’s second-largest cryptocurrency. CoinShares, a leading digital asset manager, reports a second consecutive week of positive inflows for crypto […]
Standard Chartered expects SEC approval of Ethereum ETFs this week. The bank predicted inflows of $15-45 billion that could drive ETH price to $8,000 by the end of 2024. Ether’s price has surged 19% in the past 24 hours, reflecting the optimism in the market. Standard Chartered expects the U.S. Securities and Exchange Commission (SEC) […]
EigenDA Supports Rollup Production Traffic on Mainnet According to a recent blog post by EigenLayer Blog, EigenDA is now supporting rollup production traffic on its mainnet. The platform is allowing anyone to deploy their rollup and get whitelisted on its free tier. Those interested in deploying their rollups with EigenDA […]
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The as-yet-identified attacker behind Monday’s $240 million Gala Games token exploit has returned the Ethereum (ETH) gained from selling some of […]
TL;DR Dogecoin (DOGE) surged 8%, surpassing $0.16 and briefly reaching a market cap of $24 billion, making it the ninth-largest cryptocurrency. Key DOGE metrics, such as daily transaction volume and active addresses, have increased, with whales holding 63% of its supply and 86% of holders in profit. DOGE Climbs the Crypto Ladder The last several […]
A long-inactive Bitcoin wallet has resurfaced, moving 114 BTC worth $7.6 million after nearly 11 years of dormancy. The wallet, which dates back to 2013, made headlines as it transferred a substantial amount of Bitcoin, raising questions and concerns within the crypto community. Dormant Bitcoin Wallet From 2013 Moves $7.6 Million On May 19, 2024, […]
American broadcaster and Bitcoin proponent Max Keiser believes the stablecoin issuer Tether and El Salvador, as well as the declining United States dollar (USD), will push BTC’s price to $220,000 in no distant time. In a Saturday tweet, Keiser said the USD is doomed because inflation will “sky harder,” while this happens, BTC will be […]
Bloomberg ETF analysts Eric Balchunas and James Seyffart have significantly increased their odds of spot Ethereum exchange-traded fund (ETF) approval in the United States from 25% to 75%. This news has sent shockwaves through the cryptocurrency market, with Ethereum’s price surging by 8-11% to reach around $3,400. TLDR Bloomberg ETF analysts Eric Balchunas and James […]
Linea has launched Linea Surge, a multi-part initiative designed to boost liquidity and total value locked (TVL) on Linea’s layer 2 (L2) blockchain network, according to linea.mirror.xyz. The Surge introduces a new token, LXP-L, which rewards users for retaining assets on Linea and offers bonuses for leveraging those assets with […]
Lilian Nurieva, former Head of Networks at Russian crypto Investment fund Finiko, has been sentenced to three years for defrauding private investors and participating in an organized criminal group. The $55 million pyramidal scheme is considered the second-largest financial scam in Russia’s post-Soviet history by the Federal Foundation for the Protection of Investors and Shareholders […]
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