The Chief Investment Officer of Bitwise Asset Management has made a bold prediction regarding the future of Ethereum prices. He believes that the introduction of Ethereum Exchange-Traded Products (ETPs) will lead to a significant price rally for ether (ETH), pushing it to new all-time highs above $5,000 by the end of the year. This forecast
Crypto
In recent days, XRP has emerged as one of the strongest performing cryptocurrencies, experiencing a notable surge in value. The crypto asset, which briefly touched $0.62, a level unseen since March, has shown resilience and strength in the face of market volatility. With over 40% gains over the past week, XRP has captured the attention
In recent days, the spot Bitcoin ETFs have been experiencing positive inflows, leading to a significant recovery in the price of the underlying asset. Bitcoin, after facing extreme turbulence at the beginning of the month, saw a drastic drop to a three-month low of under $54,000 on July 5. However, the asset has since managed
In a recent development, Australian computer scientist Craig Wright’s claims of being the Bitcoin creator, Satoshi Nakamoto, have landed him in legal trouble. The Crypto Open Patent Alliance (COPA) vs. Wright case has revealed that High Court Justice James Mellor has referred Wright’s misconduct to the Crown Prosecution Service (CPS) for potential charges of perjury
The US spot Bitcoin ETFs saw a significant daily net inflow of $301 million on July 15th, marking a seventh consecutive day of gains amid a broader market recovery. Notably, none of the ETFs experienced outflows on that day, signaling a strong investor sentiment towards Bitcoin. Among the ETFs, BlackRock’s IBIT emerged as the top
The recent exploit on the decentralized finance (DeFi) platform LI.FI protocol has once again raised concerns about the security measures within the platform. The exploit, amounting to over $8 million, has shed light on the vulnerabilities that exist and the need for better safeguards to protect user funds. Detection of Suspicious Transactions Cyvers Alerts was
Bitcoin’s price surged to over $65,000 recently, marking a significant milestone for the cryptocurrency. However, this upward trend was short-lived as news emerged regarding Mt. Gox moving billions in BTC. This caused the price to plummet by over two thousand dollars in a matter of minutes, showcasing the extreme volatility that can affect the market.
Bitcoin surged past the $63,000 mark this week, coinciding with Whale Alert’s detection of a dormant address containing 1,000 BTC worth approximately $60 million being activated on July 15th. This particular wallet had been inactive for over a decade, originally receiving the coins back in September 2012 when the value was a mere $11,908. The
In recent days, the cryptocurrency market has seen a surge of $200 billion, bringing a wave of green across various digital assets. Bitcoin (BTC) and Ethereum (ETH) have experienced significant upticks, with BTC reaching above $63,000 and ETH surpassing the $3,300 mark. Alongside these mainstream cryptocurrencies, meme coins such as Dogecoin (DOGE) and Shiba Inu
The Layer 2 network, Scroll, has been making waves in the decentralized finance (DeFi) space with a remarkable 23% increase in Total Value Locked (TVL) over the past seven days. According to L2Beat data, Scroll has reached a TVL of $1.03 billion, solidifying its position as the 8th Ethereum Layer 2 network to surpass the
