Category: Crypto

ADA’s price was not sparred during the Monday crash as the asset plummeted below $1 after finally overtaking that level during the weekend. However, an important metric related to the blockchain behind the token suggests that ADA’s rally could be far from being over during this bull cycle. The spectacular run for Cardano’s native token…

Hashdex has amended its S-1 application for the Hashdex Nasdaq Crypto Index US exchange-traded fund for the second time. According to the Nov. 25 filing with the Securities and Exchange Commission, this revised submission follows the SEC’s earlier request in…

XRP outperformed bitcoin (BTC) and other major tokens in the past 24 hours as regulated crypto broker and custodian Archax unveiled a money market fund on the XRP Ledger, a first for the network, in collaboration with closely related Ripple Labs and Abrdn. Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in…

The SEC’s refusal to approve altcoin ETFs is mainly due to the lack of regulated futures markets, with approval potentially delayed until late 2025. While approval depends on SEC leadership changes, there’s cautious optimism that staking and pro-crypto policies could accelerate ETF approvals for altcoins. Following the previous SEC delays in Solana ETFs, reported by…

Spot Bitcoin exchange-traded funds in the United States began the week with significant outflows as Bitcoin’s price fell below $93,000 amid a wave of long liquidations. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $438.38 million in…

Shiba Inu lead developer Shytoshi Kusama lauded TRON’s Justin Sun on Tuesday over the blockchain’s recent milestone achievement. The lead developer primarily highlighted TRX’s product-market fit (PMF) in stablecoin use cases, underscoring the network’s pioneering stance as a decentralized, fast, and affordable solution. Notably, Kusama further stated that Shibarmy “will achieve the same (product-market fit)…

The cryptocurrency market has continued its downward trend over the past 24 hours, with the total crypto market capitalization (TOTAL) and Bitcoin (BTC) experiencing declines.  Metaverse-based token SAND is the market’s top loser, with a double-digit price drop during the period in review.  In the news today: Justin Sun, founder of Tron, has invested $30…

The bullish GRASS price prediction ranges from $1.53 to $4.02. Analysis suggests that the GRASS might also reach $4.02 in 2024. GRASS’s bearish market price prediction for 2024 is $0.6415. As Solana charges past key resistance at $180, excitement spreads through its ecosystem, where tokens see swift, double-digit gains. But one name stands out: Project…

Bitcoin (BTC) price action continues to come under focus as analysts consider its correlation with the global M2 money supply. A notable projection suggests the pioneer cryptocurrency may be at the cusp of a 20–25% correction, aligning with a recent contraction in M2 liquidity. Why Bitcoin May Be Due for a 25% Correction Bitcoin custody…

After facing multiple rejections at $100,000, Bitcoin price has cracked another 4% hitting an intraday low of $92,785 levels. This is the largest single-day drop for BTC following Donald Trump’s victory in US elections. Bitcoin options’ monthly expiry, fear of Trump tariffs, partial profit booking, and ETF outflows are some factors behind today’s fall. Why…