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Some of the most popular NFT projects are recording a surge in floor prices, inspiring speculation that the frenzy around these digital collectibles is rising.Ethereum kicked off a possible NFT season with the unveiling of its NFT Torch ahead of its 10-year anniversary tomorrow.CryptoPunks and Moonbā¦
The crypto market is down today, losing over $66 billion in value in just one day. The total market cap now sits around $3.83 trillion, down from recent highs. Bitcoin is holding steady above $118,000, but most altcoins are bleeding, and investor sentiment has turned cautious.So, what exactly causedā¦
Cathie Woodās ARK Invest ramped up its exposure to BitMine Immersion Technologies on Monday, purchasing over $20 million worth of shares across three of its actively managed ETFs.According to ARKās daily trading disclosures, the ARK Innovation ETF (ARKK) acquired 401,318 shares of BitMine, while ARKā¦
Ether prices have skyrocketed 150% since their April lows below $1,500 to come just shy of $4,000 this week.The massive move has been driven by institutionalexchange-traded productsand a new wave of treasury companies scooping up the asset, and one of those firms thinks ETH is extremely undervalued.ā¦
Crypto investment products issued by fund managers like BlackRock, Grayscale, and Fidelity attracted $1.9 billion last week, extending a 15āweek streak of net inflows and pushing monthātoādate subscriptions to a record $11.2 billion, CoinShares said in its latest weekly report. The July tally surpasā¦
Ether is the new sheriff in town ā at least in July and if weāre talking returns. Bitcoin, on the other hand, is up just 11% in the same time span. š Blazing July RallyEther prices hit $3,940 early Monday, climbing 60% in July alone, while Bitcoin crawled up just 11%. In terms of pure performance,ā¦
Ethereum is turning heads once again, and this time it is because the price has surged toward the crucial $4,000 mark. Currently priced at $3,933.77, this largest altcoin by market cap has added over $474 billion to its valuation. This has been influenced by strong institutional flows and technical ā¦
TL;DRWhy Not XRP, ChatGPT?Before we head into the AIās answer, hereās the context. Yesterday, wepublishedan article asking the top 4 AI chatbots (ChatGPT, Gemini, Grok, and Perplexity), which are their five altcoin contenders to outperform by the end of the year. While there were some speculative anā¦
In a turbulent second quarter (Q2) for the cryptocurrency market, Avalanche (AVAX), a layer-1 blockchain platform frequently considered a competitor to Ethereum (ETH), reported a mixed bag of financial metrics.Ā Avalanche Price Declines But User Engagement SoarsA recent analysis from data firm Messarā¦
Although BlackRockās IBIT is the traditional leader in the crypto ETF market, the companyās Ethereum product had higher inflows this week. In fact, ETHA had the second-highest inflows of all US ETFs, an impressive record.After weeks of aggressive corporate Bitcoin investment, Ethereum is growing as ā¦
Galaxy CEO Mike Novogratz has predicted that Ethereum (ETH) could outperform Bitcoin (BTC) in the coming 3 to 6 months.During a Thursday interview with CNBC, the executive revealed that market conditions increasingly favor ETHās upside.Corporate Interest and ETF FlowsāI think Ethereum probably has aā¦
Ether may be heading for an unstable period in the near term, as the cost of borrowing wrapped Ether has spiked and technical indicators point to overvaluation, according to a crypto analyst.Ā āWe believe Ethereum is looking vulnerable in the near term,ā 10x Research head of research Markus Thielen tā¦