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While Injective’s (INJ) price may not be the worst performer, it managed to mark a new bearish achievement in the last 24 hours.
The altcoin hit a new year-to-date low, declining to $21.3, but could see a comeback.
Injective Investors Appear Optimistic
The Injective’s price could recover in the coming days as INJ holders are exhibiting bullishness at the moment. The first indication of...
While the tech industry’s skills gap widens, thousands of people are struggling to catch up. This feels like being in a Porsche that is overtaken by a new and advanced AI-driven Tesla. The Web3 project Udao offers a revolutionary solution to bridge this gap efficiently.
Udao is a Web3 platform for learning job-relevant skills and finding the next career step, developed by AI experts from ETH...
The Korea Financial Intelligence Unit (KOFIU), a South Korean financial regulatory agency, recently published a report on the crypto business in the region during the second half of 2023. The report indicates a significant increase of 390,000 users, bringing the total to 6.45 million by the end of 2023.
This growth reflects a 6% rise from the figures reported at the end of June 2023. This...
Ethereum’s (ETH) price briefly traded above its 20-day Exponential Moving Average (EMA) during the trading session on May 15, suggesting a momentary decline in selling pressure.
However, as the bullish pressure lost momentum, the bears initiated a downtrend, causing the altcoin’s price to trade below this key moving average at press time.
Ethereum Bulls Are Yet To Give Up
When an asset...
Dogecoin (DOGE) price reclaimed the key support of $0.15 this week and the rally from the past 24 hours, furthered the increase.
The investors are certainly looking to sell but DOGE has some room for growth before they can book profits.
Dogecoin Whales Attempt to Pump the Price
Dogecoin’s price is aiming to secure its recovery and rally further, and the whales are doing their best to aid...
CME Group, the world’s largest futures exchange, will introduce spot Bitcoin trading, as reported by the Financial Times on Thursday.
This move aims to meet the growing demand from Wall Street money managers for cryptocurrency exposure.
CME Group Plans Bitcoin Spot Trading
The Chicago-based exchange has been in discussions with traders seeking a regulated marketplace for Bitcoin...
New York-based Pine Ridge Advisers recently invested approximately $205 million in major U.S. Bitcoin spot ETFs, demonstrating the growth of institutional demand for cryptocurrency.
Pine Ridge Advisers investment is part of a broader movement where various entities, including banks, corporations, and local governments across the United States, are legally purchasing Bitcoin through these...
The Department of Justice (DOJ) announced the arrest of Anton and James Peraire-Bueno. These Massachusetts-based brothers allegedly stole $25 million from the Ethereum (ETH) blockchain in just approximately 12 seconds.
They face charges of conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. Each charge could lead to a 20-year prison sentence.
Unveiling...
The total crypto market cap (TOTAL) shot up above $2.3 trillion as the US Consumer Price Index (CPI) reading came in cooler than expectations. The headline CPI April came in at 3.4% year on year against the expectations of 3.6% from March’s 3.8%.
Along with this Bitcoin price too surged and so did the altcoins with Fantom leading the pack with a 24% rise.
In the news today:-
Ripple...
Millennium Management, a global investment firm with over $60 billion in assets, has disclosed its significant Bitcoin exchange-traded fund (ETF) holdings for the first quarter of 2024.
According to a recent 13F filing with the Securities and Exchange Commission (SEC), Millennium holds approximately $1.9 billion in various US-traded spot Bitcoin ETFs.
Institutional Bitcoin ETF Investments...