Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” Van
Recently, the blockchain and art communities were abuzz with news of a groundbreaking sale that has shattered records in the NFT space. A complete set of 10 Autoglyphs was sold for an impressive 5,000 ETH, marking a milestone in the world of generative art. The Autoglyphs, created by Larva Labs in 2019, are considered the
Recently, Ethereum has surged beyond the $2,900 mark, showing a clear indication of independent price movement compared to Bitcoin. While Bitcoin has been on a sideways trajectory, Ethereum has gained almost 4% in the past 24 hours, reaching levels not seen since the beginning of May 2022. This surge has resulted in Ethereum investors enjoying
Recently, Rabby Wallet, a popular crypto wallet known for its support for 141 chains and multiple signing modes, faced a serious issue with a fake mobile app. The company behind Rabby Wallet announced the launch of the beta version of its mobile app, only for users to discover that the iOS version available on the
In a strategic move ahead of the upcoming general elections, the People Power Party (PPP) in South Korea has announced plans to push for a further two-year delay in the implementation of crypto taxation. The decision to explore the delay as a key campaign promise aligns with the government and legislative consensus to prioritize regulatory
The crypto market is known for its volatility and potential for quick gains. Investors often look for micro-cap coins with the hope of finding the next big thing. However, it is important to understand the risks involved in such investments and to tread carefully in the world of shitcoins and meme coins. While Bitcoin (BTC)
The recent surge in Bitcoin open interest has been notable, with the open interest reaching historical levels not seen since 2021. According to Coinglass data, the Bitcoin open interest has soared to over $24 billion, representing a significant 50% increase since the beginning of 2024. The last time the Bitcoin open interest reached such heights
In a recent announcement, cryptocurrency exchange Binance revealed that it would be discontinuing trading and subscription services for its leveraged token offerings. This decision, set to take effect on Feb. 28, will impact tokens such as Bitcoin, Ethereum, and BNB Coin. Binance plans to delist these tokens and cease redemption by April 3. The affected
Yuga Labs, a key player in the world of Web3 innovation, has recently made waves with its acquisition of PROOF. This strategic move is aimed at enhancing Yuga Labs’ position as a leader in the Web3 space. By bringing PROOF under its umbrella, Yuga Labs is not only expanding its presence but also solidifying its
Bitcoin (BTC) recently broke through the $50,000 mark, reaching levels not seen since December 2021. The cryptocurrency has continued to climb, currently trading above $51,900. Analysts at CryptoQuant attribute this surge in price to the high demand generated by recently approved spot Bitcoin exchange-traded funds (ETFs). With an estimated 75% of new investments in Bitcoin