Shiba Inu (SHIB) is on a roll, with its price and other metrics hitting new highs. Now, it’s getting even easier to buy SHIB with the integration of ATMs in Australia. ATMs Spread the Shiba Love LocalCoin, an Australian crypto ATM company, has partnered with Shiba Inu. This means you can now buy SHIB at…
Cost Reductions for Layer 2 Networks The upcoming Dencun upgrade for Ethereum will bring major cost savings to Layer 2 networks like Arbitrum and Polygon. Transactions that once cost $1 could now cost as little as a cent, making them much more accessible. Blobs: New Data Storage System Dencun introduces “blobs,” a new way for…
An Ethereum layer-2 project has seen a significant surge in value after being listed on Binance, the world’s largest cryptocurrency exchange. Binance Lists Metis (METIS) On Monday, Binance announced the listing of Metis (METIS), an Ethereum scaling solution. The token responded positively, rising by over 39%. Metis aims to provide faster and cheaper transactions than…
Signs of a Bullish Market On-chain analyst Willy Woo believes Bitcoin is in a full-blown bull market, citing strong on-chain activity. He notes that Bitcoin’s price is rising and coins are moving actively, indicating real investors are purchasing and holding Bitcoin. Spot ETFs as a Remedy Woo also highlights the approval of spot Bitcoin exchange-traded…
Raoul Pal, a renowned financial expert, predicts a bright future for Solana (SOL). He believes the cryptocurrency could reach new all-time highs, with a potential surge of 235% to 570% from its current levels. Solana: The Next Ethereum? Pal draws parallels between Solana and Ethereum (ETH) in the previous market cycle. He suggests that Solana…
A renowned trader predicts a bullish future for Bitcoin and the altcoin market, emphasizing the importance of a long-term perspective. Bitcoin’s Bullish Factors ETF Adoption: The approval of Bitcoin exchange-traded funds (ETFs) has increased accessibility and appeal to a wider audience. Generational Mindset Shift: The pandemic has led to increased online activity, gambling, and a…
Strong Weekly Chart Trends Crypto analyst Sssebi is bullish on ADA, citing strong green candles on the weekly chart and increased buying pressure. This suggests a positive underlying trend. Smooth Ascent Predicted Sssebi predicts a 50-60% surge for ADA in the next week. He notes the lack of major resistance levels until $1.2, indicating a…
Matt Hougan, CIO of Bitwise Asset Management, recently shared his insights on the growing popularity of Bitcoin Exchange-Traded Funds (ETFs). Surge in Investment Since the launch of 10 new spot Bitcoin ETFs in mid-January, over $20 billion has poured into the market. This has attracted a wide range of investors, from retail traders to hedge…
Bitcoin’s Record-Breaking Run Bitcoin has reached a new milestone, surpassing $71,000 and solidifying its position as the digital equivalent of gold. It has also surpassed the market capitalization of silver. Since early March, Bitcoin has been setting new all-time highs with remarkable frequency. Today, it reached a peak of $72,750, representing a 5% daily increase…
Grayscale’s GBTC Struggles with High Fees Grayscale’s Bitcoin Trust (GBTC) has lost $11 billion in assets due to its higher fees. Investors have been switching to competing ETFs with lower costs. Grayscale Considers Spin-Off To address this issue, Grayscale is considering a spin-off. They plan to create a new ETF called the “Grayscale Bitcoin Mini…
