With the cryptocurrency market showing renewed strength, a key question for many investors is whether Cardano (ADA) or Pi Network (PI) will be the first to reach a price of $5. Cardano’s Position Cardano, a well-established and research-driven blockchain, is a strong contender. With a current all-time high of $3.01, a move to $5 is … Read more
The trading platform eToro (ETOR) released its second-quarter earnings, revealing modest growth across several key metrics. The company’s assets under administration surged to $17.5 billion, a 54% increase from the same period last year, while the number of funded accounts grew by 14%. eToro also saw a significant increase in profitability, with adjusted net income … Read more
Belarusian President Alexander Lukashenko is pushing for new regulations to advance the country’s use of cryptocurrencies, including for payments. Following a meeting with the head of the National Bank of the Republic of Belarus (NBRB), it was announced that the central bank has already drafted legislative amendments to achieve “breakthrough results” in this area. The … Read more
The native token of the Ethereum blockchain, ETH, has reached its highest price of the year, at one point surpassing $4,500 on Tuesday. This surge marks a 4.85% increase for the day and a 40% gain since the start of the year. While ETH’s all-time high of $4,878.26 was set in November 2021, its recent … Read more
US spot Ethereum ETFs are gaining significant momentum, hitting a new milestone with a combined net inflow of $1.019 billion on August 11. This marks the largest single-day inflow since their launch, with BlackRock’s iShares Ethereum Trust (ETHA) leading the pack. This surge surpasses the $178 million that spot Bitcoin ETFs took in on the … Read more
In a move that sends cryptocurrency to the cosmos, Jeff Bezos’ space travel company Blue Origin has partnered with payment processing giant Shift4 Payments, Inc. (FOUR). The new collaboration, announced on Monday, allows customers to book extraterrestrial trips on Blue Origin’s New Shepard rocket using popular cryptocurrencies and stablecoins, including Bitcoin (BTC/USD), Ethereum (ETH/USD), and … Read more
Cardano (ADA) is experiencing a significant surge, with its price up nearly 2.82% in the last 24 hours. This rally is largely driven by large-scale spot market activity, though perpetual traders are showing less confidence. On-chain data from Santiment shows that large holders, or “whales,” have acquired 200 million ADA, valued at approximately $166 million, … Read more
21Shares, a leading issuer of crypto exchange-traded products (ETPs), has announced that its XRP and Solana ETFs have collectively surpassed $1 billion in assets under management (AUM) in Europe this year. The physically-backed products are listed on major European exchanges, including Nasdaq Stockholm, Euronext Amsterdam, and the SIX Swiss Exchange. This milestone demonstrates significant investor … Read more
The crypto exchange-traded fund (ETF) market is experiencing a new wave of growth, with futures-based Solana (SOL) and XRP ETFs attracting significant investor capital. According to FactSet data, these funds have collectively seen over $1 billion in inflows since their launch earlier this year. The strong performance of these products indicates a sustained and growing … Read more
After a volatile week, Chainlink (LINK) is demonstrating strong bullish signals, supported by both technical indicators and on-chain data. The price is currently holding above key moving averages, suggesting that buyers are in control, while momentum indicators point to sustained strength. On-chain data highlights a significant trend of whale accumulation. A large whale address recently … Read more