In a surprising turn of events, meme coin DADDY has experienced a significant surge of 35% in its price within the last 24 hours. This surge has propelled the coin to trade at around $0.15 according to CoinGecko, with its market capitalization inching closer to the $100 million mark. The catalyst for this rally seems
Crypto
Asset managers are currently optimistic about the Security and Exchange Commission’s approval for the first U.S. ETFs directly investing in Ethereum. There is a deadline set by the SEC for ETF applicants to submit updated paperwork and amended S-1s by July 8, with the possibility of additional rounds of filings. Recent feedback from the SEC
Bitcoin’s price has experienced a 15% decrease since reaching its all-time high of over $73,500 in mid-March. Despite this dip, there are indications that the bullish trend may not be coming to an end just yet. One key metric to consider is the Fear and Greed Index, which provides insight into investor sentiment. A reading
As we approach the mid-year mark of 2024, it is evident that Bitcoin and Ethereum have emerged as the top-performing assets in the financial market. Surpassing traditional investments such as the Nasdaq, S&P 500, oil, gold, the U.S. dollar, and government bonds, these cryptocurrencies have shown impressive growth and profitability. Matrixport highlighted in a recent
Charles Hoskinson, co-founder of Cardano, recently expressed his concerns about the impact of AI censorship on the accessibility of knowledge. In a series of tweets, he highlighted the problem of alignment training in AI models and how it is affecting the dissemination of information. AI censorship refers to the use of machine learning algorithms to
The month of June was filled with ups and downs for the Bitcoin price, as it experienced significant volatility. The price of Bitcoin reached highs of $72,000 and lows of $58,000, ultimately resulting in a 7.12% decrease. The bears managed to push the price down, leaving many investors wondering if July will bring a different
Keith Gill, also known as “Roaring Kitty,” is currently facing securities fraud claims in connection to the 2021 GameStop frenzy. The class-action lawsuit filed against him on June 28 in the Eastern District of New York accuses Gill of engaging in a “pump and dump” scheme through his social media posts. The complaint alleges that
The market intelligence platform CryptoQuant has recently highlighted several on-chain metrics that could potentially indicate that the price of Bitcoin has hit a bottom and that the cryptocurrency market is gearing up for a rally. One of the key signals to watch out for is the Bitcoin Bull-Bear Market Cycle indicator, which is currently at
The European Central Bank (ECB) recently revealed plans for the digital Euro CBDC, with an emphasis on privacy and data protection. However, upon closer inspection by crypto entrepreneur Daniel Batten, several disturbing features have come to light. One concerning aspect is the ECB’s intention to limit the amount of digital euros individuals can hold in
As Ethereum fell by 3% this week, concerns have risen among buyers who are struggling to defend the key support at $3,500. The past five weekly candles closed with a lower low, indicating a clear downtrend for the second-largest cryptocurrency. In order to reverse this trend, ETH must move above $3,700 and challenge the key