FLOKI’s popularity across social media platforms grew materially in the last 24 hours. The price of FLOKI witnessed an uptick, however, network growth continued to fall. Recently, Dogewhiz[WIF] has gained significant attention in the meme coin marketplace. Consequently, tokens like Flokinu[FLOKI] have been overshadowed. Yet, with the hype surrounding WIF starting to settle down, there’s … Read more
XRP maintained a higher timeframe bullish structure. Its inability to fight beyond the short-term range was concerning. Before the deadline, Ripple (XRP) experienced some growth, with Bitcoin‘s price leap from $69,200 to $71,200 leading the way. Although this increase was only around 3% for XRP, it set a positive tone for the week’s trading. In … Read more
ONDO’s price witnessed a massive correction over the last week caused by whale behavior. Despite the price volatility, the protocol continued to see growth in terms of TVL. Recently, Ondo Finance (ONDO) experienced significant growth due to increasing demand for protocols connected to Real-World Assets (RWAs). This surge was largely fueled by the actions of … Read more
The US securities regulatory body has postponed its verdict on permitting the New York Stock Exchange to provide options trading for Bitcoin ETFS (Exchange-Traded Funds). Based on the SEC’s objection as stated in the April 8 document, trading of options on the Bitwise Bitcoin ETF (BITB), Grayscale Bitcoin Trust (GBTC), and any other trust with … Read more
Blast and Base have heightened competition within the Ethereum L2 space. Polygon CEO sees L2 competition as bad for Ethereum. Previously, the Ethereum layer 2 (L2) space, which includes projects like Arbitrum [ARB] and Optimism [OP], held significant influence. Yet, the arrival of Coinbase’s L2 solutions, Base and Blast, has intensified the level of competition. … Read more
On April 6-8, Bitcoin (BTC) experienced a 7.6% rise, peaking at $72,747 during trading hours, fueling much discussion about its reasons behind this surge. Although some might attribute Bitcoin’s price surge solely to the inflows from the Bitcoin spot ETFs, it’s essential to consider the various macroeconomic elements that likely fueled the increase in demand. … Read more