The cryptocurrency market has seen a recent increase in market cap after a period of stagnation, according to FxPro senior market analyst Alex Kuptsikevich. Ethereum (ETH) has experienced a 2.6% increase in price over the past 24 hours, trading at $2,977.88. However, Kuptsikevich has highlighted some challenges for Ethereum, including ongoing consolidation near the lower
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Bitcoin, the world’s leading cryptocurrency, is currently facing a unique situation in the market. Despite past growth periods being fueled by increases in global money supply and investor risk appetite, the current cycle has not shown the same pattern. The lack of a surge in demand, as noted by CryptoQuant’s analyst Gustavo Faria, is a
Ric Edelman, the founder of the Digital Assets Council of Financial Professionals, recently provided an optimistic forecast for the price of Bitcoin. According to Edelman, Bitcoin’s price has the potential to skyrocket to $420,000, driven by a global shift towards including Bitcoin in investment portfolios. In a recent interview, Edelman discussed the benefits of investing
In the world of cryptocurrency investing, there are traders who seem to have a knack for picking the next big thing. One such trader, known as the ‘King Shrimp’, has recently made headlines for his significant holdings of the Mollars token presale. This mysterious figure has been actively buying into the presale, making them one
Oklahoma has taken a significant step towards protecting the rights of cryptocurrency users with the recent approval of HB 3594 by Governor Kevin Stitt. This groundbreaking legislation, set to take effect on November 1, prohibits the state government from limiting the use of crypto in purchases or self-custody. Additionally, state and local authorities are barred
Shutdown, a creation by Garage Studios, introduces players to a dystopian world where they must confront rogue AI threats. The game’s top-down co-op shooter gameplay draws inspiration from popular titles like Diablo and Path of Exile. However, what truly sets Shutdown apart is its partnership with Immutable zkEVM, a cutting-edge technology that incorporates blockchain into
The Ethereum (ETH) options market for June is exhibiting a distinct interest in higher strike prices, particularly focusing on levels exceeding $3,600. Traders are showing a concentrated bet on calls that surpass this price level, indicating a strong bullish sentiment toward Ethereum’s near-term trajectory. The most favored strike price among these optimistic bets is an
In the midst of the recent decline in Bitcoin’s price and the general cryptocurrency market, popular cryptocurrency analyst and enthusiast Titan of Crypto has highlighted the $61,500 price level as a crucial threshold to watch for the largest cryptocurrency. Titan of Crypto’s analysis examines the aforementioned level as a pivotal point for Bitcoin that could
The cryptocurrency market is known for its volatility, with prices fluctuating rapidly based on various factors. In this landscape, meme coins have carved out their own niche, offering investors a mix of entertainment and potential profits. One such meme coin is FLOKI, inspired by Elon Musk’s pet Shiba Inu. Despite the recent downturn in the
Deutsche Bank has recently made headlines by showing a keen interest in digital assets and tokenization through its involvement in the Monetary Authority of Singapore’s Project Guardian. This initiative, which aims to test asset tokenization applications in a regulated environment, is focused on assessing the viability and potential integration of such technologies within the financial
