XRP continues to push forward in its efforts to bounce back from a prolonged significant decline. Despite a 20% drop in value this year, rising open interest (OI) has sparked optimism among investors regarding potential price recuperation. According to Coinalyze, the OI for XRP has increased by 1.69% within the last 24 hours on the … Read more
The value of Ethereum has been gradually increasing, but was recently set back due to the market crash and decreasing hopes for SEC approval of Ethereum ETFs in May. Ethereum dropped by 15% within the last week, reaching a resistance point at $3,550. Similarly, Bitcoin experienced significant declines. However, some Ethereum-linked cryptocurrencies have seen impressive … Read more
In the past few days, there has been a change in attitude towards Bitcoin ETFs. Yesterday alone, Bitcoin spot ETFs recorded a significant outflow of around $165 million. It’s worth mentioning that Grayscale ETF reported an outflow of approximately $133 million, while BlackRock ETF saw a minor inflow of roughly $18.09 million. Although it may … Read more
JPMorgan CEO Jamie Dimon remains a significant critic of Bitcoin. In a Bloomberg TV interview, he expressed his doubts about Bitcoin’s authenticity and usefulness as a currency. He went so far as to label it as a fraud and compared it to a Ponzi scheme. Despite the volatile price history of Bitcoin, Dimon maintains his … Read more
Although SHIB‘s price has dropped significantly in recent weeks, Lucie, an influential marketing figure for the Shiba Inu community, continues to express confidence in the digital currency’s underlying value. She believes that SHIB is still following the pattern of a “supercycle,” a prolonged period of growth and recovery in the crypto market. SHIB Set For … Read more
Despite a grim beginning for most cryptocurrencies today, buyers are making efforts to take control, as reported by CoinStats. BTC/USD The price of Bitcoin (BTC) has increased by 1.05% over the last 24 hours. Every hour on the chart, Bitcoin’s price has surpassed its previous resistance of $63,095. Should the daily bar finish above this … Read more
On April 18, 2023, INJ, the native token of the Cosmos layer 1 blockchain Injective, generated significant investor attention. The cryptocurrency project took an intriguing step forward with a fresh collaboration. In a press release issued today, Injective revealed its intent to merge strategically with Jambo, a Web3 mobile infrastructure provider. This partnership is designed … Read more
During times of significant market fluctuations, the price of Dogecoin, which is based on the theme of dogs, has managed to hold onto its gains over the past month. April has seen significant volatility for cryptocurrencies, with most coins dropping from their previous peaks. Among them, Bitcoin, which was once worth around $73,750 at its … Read more
Qtum Foundation recently revealed the activation of 10,000 GPUs for its new blockchain AI platform. This decision signifies a major change for Qtum, as they now prioritize artificial intelligence projects over cryptocurrency mining. Miguel Palencia, CO-founder and COO of Qtum, underlined the importance of this shift, boosting the legitimacy of their AI endeavors. The timing … Read more
For decades, the enigmatic founder of Shiba Inu, referred to as Ryoshi using a pseudonym, has made numerous statements. Recently, one of these past comments was shared by the CEO of SHIB‘s collaborator, K9 Finance. In his message, Ryoshi speaks about scammers and his job to defend Shiba Inu and its community. Ryoshi’s old message … Read more