Bitcoin vs. Today’s Top Crypto Assets: Market Performance in 2024
Current market data indicates that bitcoin has increased by 48% against the U.S. dollar since Jan. 1, 2024. This implies that on that date, one tether (USDT) was exchanged for…
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Ethereum Technical Analysis: ETH’s Bullish Momentum Continues Amid Uptrend
As of July 15, 2024, ethereum (ETH) maintains its bullish trajectory, showing promising signs across various technical indicators. With its current price at $3,341 and a market capitalization of $401…
Ethereum surges 5% to $3,300 ahead of key ETF decision
Ethereum's price surge signals potential for significant institutional and retail investment influx, impacting the broader crypto market. The post Ethereum surges 5% to $3,300 ahead of key ETF decision appeared…
290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch
According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing…
NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue
Over the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million, which was approximately 10.06% lower…
Digital Assets Thrive in H1 2024, CME and Glassnode Report Finds
Digital assets showed significant growth in the first half of 2024, driven by increased institutional interest and the approval of spot bitcoin ETFs. According to a report from CME Group…
CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities
During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market…
Senate Committee Discusses Strong Federal Oversight of Crypto Markets
The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on Wednesday where Chairwoman Senator Debbie Stabenow stressed the urgent need for robust regulation in the crypto market. The…
Illinois Court Confirms That Bitcoin And Ethereum Are Both Commodities: CFTC Chair
Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC) – says that an Illinois court has formally ruled both Bitcoin (BTC) and Ethereum (ETH) to be commodities,…
Grayscale Sets Record Date for Ethereum Mini Trust Distribution
Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly formed Grayscale Ethereum Mini Trust. The distribution will be allocated…
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