The latest data from crypto asset manager CoinShares has revealed a significant comeback in the crypto market, with digital asset investment products seeing $176 million in inflows last week. According to James Butterfill, head of research at CoinShares, this surge in inflow signals strong positive sentiment across the board, particularly in Ethereum-based funds. Ethereum products
Coinbase, a prominent player in the cryptocurrency industry, has taken a strong stance against the US Securities and Exchange Commission’s (SEC) proposal to broaden the definition of “exchange” to include decentralized exchanges (DEXs). In a comment letter submitted to the SEC, Coinbase’s Chief Legal Officer, Paul Grewal, argued that the proposed rule is deeply flawed
A recent analysis by CryptoQuant suggests that Ethereum (ETH) may be on the brink of a significant rally. Following a major liquidation event, ETH has shown potential for a price surge as spot buying pressure strengthens in the cryptocurrency market. After a sharp decline earlier this month, which saw ETH lose nearly 34% of its
Recently, well-known crypto analyst CryptoCon drew attention to a technical indicator that has consistently forecasted local highs for Bitcoin during this bull run. According to CryptoCon’s analysis, Bitcoin is projected to surpass $100,000, potentially reaching $109,236 by the end of the year. This prediction hinges on the “1-month-behind 2023” trend continuing, with Bitcoin hitting a
Binance, the world’s largest cryptocurrency exchange, recently announced the delisting of six altcoins from its platform. This decision has had a significant impact on the prices of these assets, leading to sharp declines in value. Delistings like these often result in reduced liquidity and market panic, causing prices to plummet. Binance periodically reviews each digital
Recently, Binance confirmed that the Venezuelan government has imposed restrictions on access to its website following a disputed presidential election. This action has affected not only Binance but also several other websites in Venezuela, including social networks. Despite the restrictions, Binance reassured its users that their funds are safe and that the situation is being
In recent news, XRP experienced a significant surge in price following a court ruling in the Ripple v SEC case. The price of XRP rose by 20% in a single day, reaching almost $0.64 with a market capitalization of over $35 billion. This surge came on the heels of a ruling by Judge Analisa Torres
As bitcoin experiences another retreat, analysts are closely monitoring various technical indicators and signals to determine the future trajectory of the cryptocurrency market. According to a recent report by CoinGlass, the liquidity heatmap is currently indicating key first-test lines at approximately $56,800. If BTC prices manage to bounce off this level, they could potentially test
Atari, a pioneer in the gaming industry, has once again captivated audiences by revisiting the charm of retro gaming through a modern lens. The latest iteration of the beloved 1976 game Breakout has taken a significant leap by making a comeback on the Ethereum layer 2 network Base, as part of Coinbase’s “OnChain Summer” promotion.
Samsung has officially revealed its collaboration with Illuvium at Gamescom 2024, with the aim of transforming home entertainment by integrating Web3 technology. This groundbreaking partnership will bring the captivating world of Illuvium directly into living rooms through Samsung’s innovative Web3 TVs. Players will have the opportunity to immerse themselves in the three core games –