Cryptocurrency Traders Bet $600 Million on Ethereum (ETH) Price Rally Despite FUD

Since Ethereum’s Shapella upgrade in April 2023, the price of ETH has not fallen below $1,600. Hoping for a positive momentum shift, bullish traders have placed active orders to purchase 643,000 ETH. Investor comments on social media are approaching extreme FUD levels based on historical data. The recent price action has raised fears that Ethereum […]

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Crypto Asset Management: Nearly Half of Institutions Adopt Digital Assets

According to research by Coalition Greenwich and Amberdata, asset managers and hedge funds are increasingly exuding optimism and fervor when it comes to the growing potential within the cryptocurrency asset class. A recent study has revealed that the cryptocurrency markets in the United States and Europe remain remarkably strong and are making significant progress, despite […]

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Metaverse Steals the Spotlight: The Week’s Highlights

The five top news related to the Metaverse are presented. In today’s digital age, the Metaverse has become a fascinating concept, which is why being up to date in this context is essential to stay current and take advantage of all its opportunities. Salvador Allende’s Technological Project Revived in the Metaverse Half a century passed, […]

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Bitcoin Bears Gain Ground as Fund Holdings Fall to 2020 Lows

Bitcoin fund holdings have fallen to their lowest level in more than two years. The liquid supply of the currency has also decreased as short traders exit the spot market. The number of Bitcoins held in BTC Fund Holdings has fallen to its lowest level in thirty months, a pseudonymous analyst at CryptoQuant Chained noted […]

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Coinbase CEO Brian Armstrong on International Expansion and Regulatory Challenges

Armstrong highlighted that 83% of G-20 countries are in the process of implementing cryptocurrency legislation or have already done so. Coinbase CEO Brian Armstrong appeared on CNBC’s Power Lunch to discuss the company’s international expansion efforts. Armstrong noted that 83% of G-20 countries are in the process of implementing cryptocurrency legislation or have already done […]

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