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Ethereum Price Could Surge by 60% after Approval of Spot Ether ETFs in the US: QCP Capital
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FTX-Funded Charity Effective Ventures Acted ‘Diligently’ Protecting Funds: UK Govt. Probe Conclude

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Glassnode Report Suggests Big Price Move Ahead For Crypto, Despite Moderate Capital Flow
Nvidia Smashes Earnings Estimates, Fuels AI Boom and Altcoin Run
Michael Saylor Supports Regulatory Framework, Says It’s ‘Good for Bitcoin and Crypto’
Analysts: Traders Favour ETH Over BTC Amid Warnings of Price Corrections and ETF Delays
Glassnode Report Suggests Big Price Move Ahead For Crypto, Despite Moderate Capital Flow

Glassnode Report Suggests Big Price Move Ahead For Crypto, Despite Moderate Capital Flow

Strong market conditions prompted long-term Bitcoin holders to sell, taking advantage of high prices. Despite initial sell-offs, selling pressure from long-term holders has recently decreased. This easing of selling pressure is likely to strengthen bullish market movements for Bitcoin. Analysts from Glassnode have pointed to strong Bitcoin market conditions which have led to increased selling…

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Nvidia Smashes Earnings Estimates, Fuels AI Boom and Altcoin Run

Nvidia Smashes Earnings Estimates, Fuels AI Boom and Altcoin Run

Nvidia’s revenue to hit US$28 billion, topping previous forecasts and reflecting robust AI-driven growth. CEO Jensen Huang sees AI as a catalyst for the next industrial revolution, enhancing productivity across industries. AI’s influence extends to the crypto sector, triggering a surge in AI-related cryptos, including the first AI-memecoin. Nvidia has released its most recent sales…

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Michael Saylor Supports Regulatory Framework, Says It’s ‘Good for Bitcoin and Crypto’

Michael Saylor Supports Regulatory Framework, Says It’s ‘Good for Bitcoin and Crypto’

The House of Representatives has passed the Financial Innovation and Technology for the 21st Century Act, with the Bill receiving bipartisan support. Despite some in the community’s misgivings, Bitcoin’s number one fan Michael Saylor believes the Act will benefit the industry and the world. The Bill is set to provide much-needed regulatory framework for the…

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Analysts: Traders Favour ETH Over BTC Amid Warnings of Price Corrections and ETF Delays

Analysts: Traders Favour ETH Over BTC Amid Warnings of Price Corrections and ETF Delays

Speculation about an imminent Spot Ethereum ETF approval boosted Ethereum’s price over 20%. Increasing interest in ETH futures is evident, with more buy orders noted in the perpetual futures market. Ethereum Layer-2 solutions like Arbitrum and Base are rapidly growing, adding millions of users weekly. Rumours around Spot Ethereum exchange-traded funds possibly being approved as…

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On the Radar – Coins to Watch 23/05

On the Radar – Coins to Watch 23/05

Ethereum ETF decision to land overnight US Legislators in favour of a crypto regulation.  Altcoin analysis: BONK, ONDO Hands down, one of the most interesting weeks in Crypto for 2024. With the odds of Ethereum ETF approval jumping significantly, it has been an eventful week for the digital asset industry, with the Ethereum Exchange Traded…

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FTX-Funded Charity Effective Ventures Acted ‘Diligently’ Protecting Funds: UK Govt. Probe Conclude

FTX-Funded Charity Effective Ventures Acted ‘Diligently’ Protecting Funds: UK Govt. Probe Conclude

Last updated: May 23, 2024 06:10 EDT | 1 min read The UK government’s Charity Commission probe has concluded that Effective Ventures Foundation, an FTX-funded charity, acted “diligently and quickly” to protect charity funds in the wake of FTX’s massive collapse. “The inquiry found that the trustees took appropriate steps to protect the charity’s funds…

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