Despite the excitement surrounding the launch of several Ethereum ETFs this week, the price of Ethereum actually experienced a significant drop of over 10%. This unexpected turn of events transformed the ETF launch into a sell-the-news moment for investors. The support level at $3,300 has now turned into a resistance level, potentially pushing ETH down
During the industry day of the annual Bitcoin conference in Nashville, Tennessee, Robert Kennedy Jr., an independent candidate for the US presidency, presented a bold financial policy plan that has the potential to revolutionize the United States’ monetary policy. His plan involves strategically acquiring Bitcoin to match the current US gold reserves, valued at $619
Friday, July 26, marks a significant event in the crypto market as around 61,200 Bitcoin options contracts with a notional value of approximately $4.26 billion are set to expire. This expiry event is larger than usual due to the month-end timing. Despite the launch of spot Ethereum ETFs in the United States, the spot markets
A crypto analyst, known as ‘Trader Tardigrade’, recently made a bold prediction regarding Bitcoin’s price trajectory. According to the analyst, Bitcoin is currently forming a key technical pattern called the “Cup with Handle” chart pattern. This unique indicator typically resembles a cup shape followed by a downward price trend that emulates a handle. Trader Tardigrade
Planet X is not just your average free-to-play extraction shooter game; it is a game that is revolutionizing the world of web3 gaming. By combining traditional gaming elements with blockchain technology, Planet X offers players a unique experience like no other. The game is based on the Ethereum blockchain and utilizes the XAI ecosystem to
The Illuvium mainnet has recently been launched, inviting players from across the globe to immerse themselves in a new gaming experience. With a special airdrop campaign offering 180,000 $ILV tokens as rewards, the project aims to attract early users and build a strong community foundation. Illuvium offers a unique gaming experience through three major title
Cardano (ADA) has been on a downward trend over the past seven days, with the price dipping below the $0.41 mark. This decline is part of a broader trend seen in many altcoins, which have reacted negatively to Ethereum’s recent drop. This correction comes after a bullish run earlier in the month, where ADA holders
After a recent sophisticated cyber attack on WazirX’s multi-signature Ethereum wallet, the exchange conducted a preliminary investigation. According to a blog post on July 25, WazirX revealed that there was no evidence to suggest that the machines of WazirX signers had been compromised during the attack. This attack, which occurred earlier in the month, has
In the rapidly evolving world of cryptocurrency and blockchain technology, Dalmas Ngetich stands out as a seasoned reporter with a distinct viewpoint. His expertise in NFTs, blockchain, DeFi, and crypto news has been honed through years of experience in journalism, coupled with a background in mechanical engineering. With over a decade of work in the
Ethereum whales have been making strategic moves in the market recently, as evidenced by on-chain data showing a significant accumulation of the second-largest crypto token by market cap. Despite a decline in ETH’s price, these investors have been actively purchasing the digital asset. Data from the market intelligence platform IntoTheBlock reveals that Ethereum whales bought