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Spot Ethereum ETFs Will Be Fully Approved by Summer: SEC Chair Gensler
The SEC is set to finalize approvals for Ethereum ETFs by the end of summer, potentially spurring market accessibility for Ether trading. Meanwhile, long-term holders are accumulating significant amounts of ETH amid price drops, indicating strong investor confidence. Quick Take SEC Ch...
Toncoin's Bullish Surge: Telegram's Clicker Games Drive TON Adoption
The rise of clicker games within Telegram’s mini-app ecosystem is significantly boosting the popularity and utility of the TON Blockchain and its native token, Toncoin (TON), which is up by over 7% for the day. Telegram-based crypto games like Notcoin and Hamster Kombat are recently driv...
MicroStrategy Bets Big on Bitcoin Again with $500 Million Bond Offering
MicroStrategy has announced its plan to raise $500 million through the sale of convertible senior notes to buy more Bitcoin. This move highlights the company's strategic focus on the leading cryptocurrency. Let's dive into what this means for the crypto world. Quick Take MicroStrategy aims ...
UNI Price Gains as Uniswap V2 Pools Boom on Ethereum Layer 2
Ethereum Layer 2 (L2) solutions are experiencing a significant surge in Uniswap V2 pool deployments. This development is reshaping the Decentralized Finance (DeFi) sector by reducing transaction costs and improving scalability—two long-standing issues on the Ethereum mainnet. Quick Take...
Bitcoin Price Experiences Slight Dip After Fed Decisions and CPI Data
The latest Federal Open Market Committee (FOMC) meeting has sparked significant interest among cryptocurrency investors, particularly for Bitcoin (BTC) holders. The U.S. Federal Reserve's decisions on interest rates and economic projections can substantially influence Bitcoin's price. Here’s a...
Bitcoin Price Under Pressure Ahead of US CPI Release and Fed Meeting
Bitcoin (BTC) is under pressure as the market anticipates significant events that could impact its price. The U.S. Consumer Price Index (CPI) report and the Federal Reserve meeting are set to provide critical insights into inflation and monetary policy. Here's what to watch for and how these events ...
Cardano's Major Upgrade: The Chang Fork and the Age of Voltaire
Charles Hoskinson, the creator of Cardano, has announced a major event in the Cardano ecosystem set for June. The upcoming Chang fork will introduce the final development phase, the Age of Voltaire, marking a significant milestone for Cardano. Quick Take Cardano is set to launch the Chang f...
BlackRock Eyes Solana ETF: A Game-Changer for Crypto Adoption
BlackRock, a global investment management corporation, is gearing up to request an ETF (Exchange-Traded Fund) for Solana (SOL) next month. This move has sparked considerable excitement in the crypto community and could mark a pivotal moment for the cryptocurrency and blockchain ecosystem. Qui...
Bitcoin Battles 2021 Highs: Will Bulls Break the $69K Barrier?
Bitcoin starts a new week wrestling with its old 2021 all-time high of $69,000. This marks a crucial resistance level as the price action shows a battle between bulls and bears. Recent volatility in June has made trading interesting yet unpredictable. U.S. macroeconomic data has shown its power to f...
Ethereum Staking on the Rise Amid Price Stagnation
Ethereum's price has remained stagnant around the $3,600 level for some time. Despite this, interest in ETH staking has surged, signaling strong optimism among investors. Quick Take Staked ETH has risen to 32.5 million, reflecting strong interest despite stagnant prices. ETH’s...
Notcoin Gains Supported by Bullish Sentiment and Futures Frenzy
Notcoin, a new cryptocurrency, is making waves in the crypto market. Within a week, its price has skyrocketed by over 80%. This surge follows the excitement from a recent Notcoin airdrop. The frenzy shows no signs of slowing down. Quick Take Notcoin price surged over 80% in a week, dr...
Telegram Launches In-App Token 'Stars' Amid Rising Toncoin Buzz
Telegram, the popular social messaging platform, has unveiled a new in-app token called "Telegram Stars." This token allows users to purchase digital goods and services within the app. The announcement was made by Telegram CEO Pavel Durov on June 6. Quick Take "Telegram Stars" enables...
Bitcoin ETFs Enjoy $880M Inflows Even Amid Low Retail Interest
Bitcoin ETFs are experiencing significant inflows, with $880 million recorded on June 4 alone. This marks one of the highest single-day inflows since the launch of spot Bitcoin ETFs in January 2024. Following this, another $488.1 million flowed in on June 5, underscoring strong investor interest. &n...
Solana's Pump.fun Generates $30M from Memecoin Mania
Pump.fun, a Solana-based token generator, earned $30 million in revenue from memecoin launches in May. According to FXStreet, the platform saw almost half a million tokens launched, showcasing its significant influence on the Solana blockchain. Quick Take Pump.fun, a Solana-based toke...
BNB Bulls Eye $1000 After Major Breakout
BNB’s breakout on June 5 pushed its market cap over $100 billion, sparking investor interest. This coincides with the start of Changpeng ‘CZ’ Zhao’s prison sentence. Quick Take BNB hits a record high of $716, pushing its market cap over $100 billion. This miles...
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