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Ethereum (ETH) Is Waking Up: How High Can it Go? (Analysts Weigh in)

Ethereum (ETH) Is Waking Up: How High Can it Go? (Analysts Weigh in)

TL;DR‘The Bull Run Has Begun’The second-largest cryptocurrency has been among the biggest disappointments of the market during this cycle. It not only failed to chart a new all-time high, but it also trades now lower than it did before the US elections. However, in the past 24 hours, the asset exper…

Meta explores stablecoins to reduce payment costs years after selling off failed Diem project: report

Meta explores stablecoins to reduce payment costs years after selling off failed Diem project: report

Tech giant Meta is considering stablecoin integration years after suspending its previous crypto project, Diem, Fortune reported, citing five people familiar with the matter.Meta reportedly plans to use stablecoins to reduce the costs of payments compared to fiat currency, such as when paying Instag…

Arbitrum DAO approves 35 million ARB allocation to tokenized US Treasurys from Franklin Templeton, Spiko, and WisdomTree

Arbitrum DAO approves 35 million ARB allocation to tokenized US Treasurys from Franklin Templeton, Spiko, and WisdomTree

The Arbitrum Foundation announced Thursday that the Arbitrum DAO has approved the next phase of its Stable Treasury Endowment Program (STEP), following an onchain vote.The program will allocate 35 million ARB, worth around $11.6 million at current prices, to tokenized U.S. Treasurys through leading …

HIVE taps LATAM for stable and low-cost energy partnership

HIVE taps LATAM for stable and low-cost energy partnership

Several crypto-focused organizations — including Bitcoin mining companies — are eyeing a US return, primarily driven by uncertain geopolitical tensions. Still, BTC miner HIVE Digital Technologies is doubling down on the untapped potential of the Latin American market.In an exclusive interview with …

Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally?

Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally?

According to a recent CryptoQuant Quicktake post, Ethereum (ETH) accumulation addresses are continuing to stack ETH despite mounting unrealized losses. In the analysis, CryptoQuant contributor Carmelo Aleman noted that these addresses have increased their exposure to ETH, even as the asset trades we…

Ethereum-based investment products see inflows for second consecutive week

Ethereum-based investment products see inflows for second consecutive week

Digital asset products attracted $2 billion in inflows last week, which increased three-week inflows to $5.5 billion and lifted year-to-date inflows to $5.6 billion. Total assets under management climbed to a 10-week high of $156 billion, according to a CoinShares report on Monday.U.S.-based funds a…

Analyst Says $2 XRP Price Is Low As It Still Isn’t “Activated”

Analyst Says $2 XRP Price Is Low As It Still Isn’t “Activated”

Although the XRP price is hovering above $2, a crypto analyst contends that this level is still low. Comparing XRP’s current price action to its explosive rally in 2017, the analyst argues that the market has not recognized the full scope of the cryptocurrency’s evolving fundamentals. XRP Price At $…

4 Good Signs for Bitcoin Prices in May With $100K Back in View

4 Good Signs for Bitcoin Prices in May With $100K Back in View

BTC tumbled from $109K on Jan. 21 to find support at $75K in late March. Then, after a final bear test above $75K on Apr. 9, bulls came roaring back to close out April above $95K.Trump Scare, Massive BTC Rally Repeat?One popular Crypto X analystnoticed inApril a familiar pattern in Bitcoin’s price r…

Wemade’s Wemix token plunges 60% after South Korean exchanges announce delisting

Wemade’s Wemix token plunges 60% after South Korean exchanges announce delisting

Wemix, the cryptocurrency from South Korean Web3 game developer Wemade, dropped over 60% on Friday after local exchanges announced plans to delist the token for the second time.Starting around 3 p.m. Friday in South Korea, the price of Wemix plummeted from $0.7225 to a low of $0.2757 in a matter of …

Bitcoin price still in bargain zone as US jobs report sparks rate cut hopes

Bitcoin price still in bargain zone as US jobs report sparks rate cut hopes

Key Takeaways:Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook.The JOLTS report shows a sharp drop in open US jobs, raising investors’ hope for Fed interest rate cuts. According to Fidelity Digital Assets, Bitcoin’s mid-term outlook dropped to an…

Nasdaq files to list 21Shares Dogecoin ETF

Nasdaq files to list 21Shares Dogecoin ETF

The United States exchange Nasdaq has asked regulators for permission to list a 21Shares exchange-traded fund (ETF) holding the popular memcoin Dogecoin, regulatory filings show. The move follows 21Shares’ April 10 filing of its initial proposal to launch its Dogecoin ETF, shortly after similar appl…

Bunq, Europe’s second-largest neobank, expands into crypto

Bunq, Europe’s second-largest neobank, expands into crypto

Europe’s second-largest neobank, Bunq, is expanding into cryptocurrency, citing growing retail investor demand for digital assets worldwide.The Amsterdam-based neobank announced the launch of Bunq Crypto on April 29, a new offering enabling its users to invest in over 300 cryptocurrencies, including…