Cryptocurrency Analysis and News Portal
Bitcoin’s recent halving, completed on April 19, may not immediately impact market dynamics, with analysts suggesting a potential two-month wait for significant effects. Despite an 8% increase in bitcoin’s spot price since the halving, experts anticipate a delay in supply and demand
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Grayscale’s application to convert its trust into a spot Ethereum ETF has been delayed by the U.S. SEC. The SEC deferred its decision on a proposed rule change to allow U.S. national exchanges to list and trade spot Ethereum (ETH) ETFs pitched by Grayscale until June 23. “The Commission finds that it
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Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the agency made “materially false and misleading representations” in its lawsuit against the
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Following a brief period of net outflows preceding Bitcoin’s block-reward halving, spot bitcoin exchange-traded funds (ETFs) in the United States have returned to net inflows, with Fidelity’s Wise Origin Bitcoin Fund (FBTC) leading the way. On Monday, spot Bitcoin ETFs collectively experienced net
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Crypto analyst JackTheRippler has raised the possibility of the XRP price rising to $100 soon enough. As part of his prediction, he
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PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate its adoption. Tether, nonetheless,
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On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized file hosting systems, payment channels, and sophisticated Bitcoin smart contracts by minimizing reliance on intricate cryptographic techniques. However, Bitcoin developer
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In a post on X, one analyst has picked out a key on-chain metric that could signal the beginning of a strong leg up, similar to the explosive gains 2017. Currently, Bitcoin prices remain steady and edging higher. However, the coin failed to register sharp upswings, as most traders had predicted
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“One of the big frustrations is that Luke would comment, like, hey, you need to fix this thing, and the author will fix it in like a few hours. But then we wouldn’t see Luke again on that PR [pull request] for another month or two. Which is really frustrating
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Turnkey, a company specializing in building wallet infrastructure for blockchain developers, announced a successful $15 million Series A funding round led by Lightspeed Faction and Galaxy Ventures. Founded by former Coinbase (NASDAQ:COIN) employees who contributed to the development of the U.S. crypto exchange’s
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