In a remarkable show of confidence, institutional investors have doubled down on Bitcoin with investment funds related to the cryptocurrency experiencing massive inflows. Recent data from CoinShares’ latest weekly report reveals that Bitcoin investment products saw a net inflow of $942 million. This surge in investment is attributed to an immediate reaction to the lower-than-expected
Peter Schiff, a well-known gold bug, has once again voiced his skepticism towards Bitcoin, this time cautioning investors about the potential negative impact a greenlight from the US Securities and Exchange Commission for spot Ethereum ETFs could have on the leading cryptocurrency. The cryptocurrency industry saw a surge of excitement this year with the approval
The recent surge in Bitcoin and Ethereum prices has not been without casualties. Short-term traders, in particular, have been hit hard by liquidations as prices continue to climb. In the last 24 hours, over $330 million was liquidated from the crypto market, with the majority of these losses coming from short traders who bet on
Recently, Gala Game, a Web3 gaming project, fell victim to a security breach in which an unknown attacker exploited a compromised or rogue admin address to mint 5 billion GALA tokens, amounting to over $200 million. This incident led to the unauthorized sale of 600 million tokens valued at $29 million on Uniswap, a decentralized
Polimec, a decentralized and community-driven funding protocol, has made its debut on the Polkadot network. This innovative platform is set to redefine the way Web3 projects secure capital and issue tokens, offering a transparent and regulatory-compliant environment for investors and startups globally. The launch of Polimec marks a significant advancement in Web3 fundraising engagement. By
Fantasy football has taken the world by storm, captivating millions of fans with the opportunity to showcase their knowledge and passion for the sport. One platform that has been making waves in the fantasy football world is Fanton Fantasy Football on Telegram. This innovative platform not only allows players to create their own virtual teams
Cryptocurrency experts are buzzing with excitement as they pour funds into a new Solana meme coin called Sealana (SEAL). The surge in the crypto market rally, fueled by hopes for the SEC to approve spot Ethereum ETFs, has created a ripe environment for novel investments in the crypto space. While established meme coins are seeing
Recent developments at the Securities and Exchange Commission (SEC) have sparked optimism among spot Ethereum ETF applicants. The SEC has requested applicants to update their 19-b4 filings, indicating a potential shift in their stance towards approving these applications. Bloomberg ETF analyst Eric Balchunas has suggested that the SEC may not deny the pending applications as
Ethereum, the second-largest cryptocurrency by market capitalization, is currently positioned at a critical juncture, with analysts predicting a potential breakout. One prominent crypto analyst, Jelle, recently pointed out that Ethereum is nearing the end of a falling wedge pattern, which is often interpreted as a bullish signal in technical analysis. This pattern emerged as Ethereum
In a surprising turn of events, retail investors are once again showing interest in Ethereum meme coin markets, with the emergence of the new token Apu causing quite a stir on DEX platforms. The recent surge in retail capital towards Ethereum marks a significant shift from the dominance of Solana meme coins, which have ruled