Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Bitcoin weekend trading volumes hit a record low of 16% in 2024, influenced by Bitcoin spot ETFs and the 2023 closure of key US banks like SVB and Signature Bank. Despite lower weekend activity, ETFs have added stability and liquidity. #Update #Bitcoin $BTC
Ethereum whale 0x2Eb08 moved 7,000 $ETH ($24.28M) to Kraken after 209 days of inactivity. This comes as Ethereum faces major outflows and SEC delays on a spot ETH ETF. Despite this, $ETH rose 2.20% today, hitting $3,463.00. #CryptoNews
TEA, a new memecoin on Solana, launched July 1, 2024, has already attracted 3M users. It offers staking with 50% APY, farming, and a burning mechanism to support global sustainability and education. #Crypto #Update
Marine Le Pen’s National Rally leads France’s parliamentary elections with 33.2%, surpassing the leftwing New Popular Front’s 28% and Macron’s 22.4%. This shift raises questions about future crypto policies and regulatory frameworks. #Update #France #Crypto
Sony enters the crypto exchange market by acquiring Amber Japan, rebranding it as S.BLOX. This move aims to expand supported currencies and features, enhancing secure crypto trading. #Crypto #Update
Ethereum Name Service (ENS) surged 30% to $32.61 in 24 hours, driven by anticipation of the ENSv2 upgrade. Daily trading volume hit $264M, up 64%. ENS now outperforms $ETH and $BTC, rising over 250% in a year. #Update
Ethereum ($ETH) surges 5% to $3,500 as whale activity spikes ahead of spot ETF approval. Abraxas Capital withdrew 60K ETH, boosting price by 4%. #Crypto #EthereumUpdates
Ethereum ($ETH) surged 5% to $3,500 as whale activity spiked before the Ethereum ETF approval. Whale Abraxas Capital withdrew 60,000 $ETH from Bitfinex, raising $ETH’s price by 4% and gaining $6.5M. $ETH’s trading volume rose 50% to $9.8B. #EthereumETF
The SEC has sued @Consensys over MetaMask, while MiCA regulations launched in the EU. VanEck filed for the first-ever Solana ETF in the U.S., boosting $SOL by 8%. Deepfake scams rose 245% in 2024, causing $79.1B in losses. #CryptoNews
SEC delays Spot Ethereum ETFs to mid/late July, adding market uncertainty. Key data releases this week: FOMC minutes (July 3), U.S. job data (July 5), and trade deficit figures. EU’s MiCA regulation starts June 30, but 91% of firms unprepared. #CryptoNews
CryptoQuant analysts predict a Q3 2024 market upturn if miners halt Bitcoin sales. Key factors include reduced miner transactions, Bitcoin ETF outflows, and stablecoin issuance decline. Currently, $BTC trades near $60,900. Miners’ actions could drive a positive shift. #Crypto #Update
Conduit raises $37M led by @paradigm, @HaunVentures for blockchain products. MegaLabs, Ora secure $20M each for Ethereum scaling & AI in decentralized apps. Crossover Markets gets $12M, Redacted $10M for web3. #Update #Blockchain #VCFunding
Whale 0x837 converted $18M in $PEPE to $ETH amid a price decline. They staked 4,374 ETH ($14.91M) in Compound, reflecting confidence in Ethereum’s long-term value and anticipated ETF approval. $ETH trades at $3,381.23. #Update
The @SECGov has returned S-1 forms to Ethereum-ETF issuers for revisions, delaying the potential launch until after July 8, 2024. This rigorous review aims to meet regulatory standards, potentially boosting institutional investment and mainstream adoption of $ETH. #CryptoNews
