Ethereum ETF approval odds have dropped below 25% in Polymarket. Vijay Boyapati forecasts ETH ETF May rejection could benefit BTC. Based on current trends, it seems likely that the Securities and Exchange Commission (SEC) will reject applications for a US-listed spot Ethereum (ETH) exchange-traded fund (ETF) in May. Based on data from the prediction market … Read more
The crypto industry experienced an unusually eventful April Fools this year. Despite the turbulent past weeks resembling a stormy sea, there’s been a noticeable decrease in volatility recently. This is surprising given that we’re nearing the next Bitcoin halving – an event known for causing significant fluctuations in the market. Yet, the crypto market didn’t … Read more
In just ten more days, the highly anticipated Bitcoin halving event approaches. Currently, Bitcoin’s price hovers around $70,000, a level that strengthens optimistic forecasts for its long-term growth from industry experts. After undergoing a halving event, the cost of Bitcoin (BTC) may surge by more than 160% and peak at over $150,000, as suggested in … Read more
Solana faced transaction failures due to an “implementation bug,” raising concerns about network stability. Renowned trader Peter Brandt remained bullish on Solana, foreseeing a doubling in value against Ethereum. Lately, there’s been a significant rise in unsuccessful transactions on blockchain networks, causing worries over their reliability. Among these networks, Solana [SOL] has been notably affected … Read more
According to Filecoin’s (FIL) liquid staking project STFIL, they have detected unusual token transfers and unclear protocol enhancements since members of their team were under investigation by Chinese authorities. On April 9th, the protocol stated that they believe Chinese officials are still examining the core technical team of the group. As mentioned in a recent … Read more
YTD inflows hit an all-time high (ATH) of $13.8 billion. Volume clocked by ETFs plunged to $17.4 billion last week. Last week, there was a surge in investments in digital asset products, primarily driven by strong interest in American Bitcoin (BTC) ETFs traded on the open market. Inflows slow down Based on recent data from … Read more