ETH was up by nearly 7% in the last seven days. Whales have increased their accumulation over the past week. Last week saw a surge in Ethereum‘s [ETH] value, pushing it well above the $3,500 threshold. This uptrend appears promising, with major investors reportedly accumulating larger stashes of ETH, which could potentially lead to further … Read more
The exchange listing triggered a price increase before the momentum slowed down. The sentiment around TAO remained highly positive. After Binance revealed the addition of Bittensor’s TAO token to its listings on the 11th of April, the token’s value surged from $576 to reach a peak of $725. Yet, despite this initial success, TAO’s price … Read more
Cryptocurrencies, led by Bitcoin (BTC), are rapidly gaining significance in the US economy and financial markets. The introduction of exchange-traded funds (ETFs) has opened up access to this asset class for a large number of new investors, resulting in an increase in Bitcoin’s value. This development is usually positive as it broadens the reach and … Read more
Some experts believe that the initial acceptance of Bitcoin spot ETFs in Hong Kong markets could significantly boost Bitcoin’s price surge during its upcoming halving event. Hong Kong could approve 4 Bitcoin ETFs before halving The Hong Kong Securities and Futures Commission (SFC) might give its approval for the initial offering of Bitcoin spot ETFs … Read more
In a blog post dated April 12, VeChain announced that UFC fighters’ gloves would soon be turned into digital tokens, allowing for their details to be traced on the VeChainThor blockchain. At UFC 300 on April 13, fighters will start using gloves embedded with NFC chips from VeChain. These chips record fight data, ensuring authenticity. … Read more
On April 12, the value of Bitcoin (BTC) unexpectedly dropped by 5%. This decline led to approximately $400 million in losses for traders holding leveraged positions in Bitcoin and other cryptocurrencies within an hour. In simpler terms, the price of Bitcoin decreased rapidly by 5%, resulting in significant financial setbacks for certain traders with amplified … Read more