Crypto

In recent days, the crypto market has experienced a significant decline of 15%, resulting in over $350 million exiting the space. This correction has broken monthly support levels, leading crypto assets to their lowest levels since late February. Despite the bearish sentiment returning, market analysts and experts such as Cryptographer Adam Back have pointed out
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In the past 24 hours, the cryptocurrency market has experienced a significant downturn, with the total market capitalization dropping to $2.07 trillion, marking an 8.6% decline. One of the major casualties of this market correction is Bitcoin, the leading cryptocurrency, which saw its price fall below $54,000 for the first time since February. This sharp
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The asset management firm Bitwise has recently made amendments to its S-1 registration with the SEC in order to list and trade shares of a spot Ether exchange-traded fund (ETF). This move comes in response to SEC Chair Gary Gensler’s statement regarding the potential approval of spot Ether ETFs by summer 2024. While some analysts
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The Bitcoin network is currently displaying signs of miner capitulation. This phase is characterized by miners either ceasing their operations or selling off a portion of their Bitcoin reserves. Interestingly, historical data suggests that such a scenario often precedes a bottoming out of Bitcoin prices, ultimately leading to a subsequent uptrend in the asset’s value.
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