Ethereum is officially on the map. Nine spot Ethereum ETFs (exchange-traded funds) started trading today, July 23rd, on major exchanges like Cboe, Nasdaq, and NYSE. This is a huge deal, especially after the SEC (Securities and Exchange Commission) gave the green light just a couple of months ago. What’s the big deal? This means Ethereum…
The chances of former President Donald Trump announcing a US Bitcoin strategic reserve have plummeted. From Hype to Reality Check Initially, there was a lot of buzz surrounding the possibility of Trump revealing a Bitcoin strategy at the Bitcoin 2024 conference. Betting odds were high, reaching a whopping 76% chance of an announcement. However, those…
DePIN, or decentralized physical infrastructure networks, is a hot topic in the crypto world. It’s basically a way to build and manage infrastructure using blockchain technology, which means it’s all about sharing resources and making things more transparent. What is DePIN? Think of DePIN as a decentralized version of all the infrastructure we use every…
Crypto analyst Benjamin Cowen is predicting a potential crash for the Ethereum-to-Bitcoin (ETH/BTC) price ratio, drawing parallels to the 2016 market cycle. A Look Back at 2016 Cowen points out that in 2016, ETH/BTC saw a significant drop in June, hitting a low of 0.015 BTC. This year, the pair reached a low of 0.045…
Memecoins are taking the crypto world by storm! According to Binance Research, these funny, internet-inspired tokens are driving a lot of interest in the crypto space. They’ve seen a whopping 279% return this year, making them the top-performing sector in crypto. Base and Solana Are Leading the Charge Two blockchains, Base and Solana, are leading…
The world recently experienced a major internet outage, affecting major banks and other networks. This got the lead developer of Shiba Inu (SHIB), Shytoshi Kusama, thinking about the future of online systems. Decentralized Systems: The Future? Kusama believes that the outage highlights the need for a decentralized web3 operating system. He argues that a system…
A Big Push for Web3 Gaming The TON blockchain and Animoca Brands are joining forces to make Web3 gaming more accessible to a wider audience. They’re launching a $20 million initiative to incentivize developers and users to join the TON ecosystem. What’s the Plan? The plan involves creating a special fund using MOCA coins and…
Spot Ethereum ETFs are coming, but one analyst is warning investors to hold their horses. While everyone is excited about the potential for these ETFs to boost ETH prices, there’s a hidden danger lurking: a surge in ETH supply. The Supply Problem Crypto expert Benjamin Cohen has pointed out that ETH supply is increasing rapidly,…
Bitcoin’s demand might be picking up, according to on-chain data. A crypto analyst, Julio Moreno, who works for a company called CryptoQuant, has noticed some interesting trends in Bitcoin’s demand. He uses a metric called “Apparent Demand” to measure how much people want Bitcoin. What is “Apparent Demand”? Apparent Demand is calculated by subtracting the…
Hong Kong is about to make history in the crypto world! On July 23rd, they’ll be launching Asia’s first inverse Bitcoin ETF. This means investors can now profit from Bitcoin’s price going down. How It Works The new ETF, called the CSOP Bitcoin Futures Daily (-1x) Inverse Product, is managed by CSOP Asset Management, a…
