With U.S. spot Ethereum (ETH) ETFs now a realistic prospect, some experts are questioning whether their approval will impact the market as much as a Bitcoin (BTC) equivalent. Bitwise – the world’s largest crypto index fund manager – says they won’t be. In conversation with CryptoPotato, the firm’s analyst Juan Leon explained why. Ignorance Of...Read More
South Korea’s National Pension Service (NPS), which is one of the largest pension funds in the world, bought approximately $20 million worth of Coinbase stock (COIN), an investment that has raked in an unrealized 40% profit for the fund. The move marked the first time NPS would include a crypto-based company in its U.S. stock...Read More
The New York State Department of Financial Services (NYDFS) has published a set of new rules guiding the listing and delisting of digital assets to ensure the activities of crypto firms protect investors from financial harm. According to an official post from the department, the new guidance is effective immediately and will replace older standards...Read More
The crypto markets have begun to consolidate as fresh bearish actions appear to have halted the progress of the rally to a large extent. After accumulating enough gains in the past few days, the selling pressure has mounted over the Cardano price. This could further lead to rejection, as the bears are all set to...Read More
Cardano’s native token experienced an upsurge, alongside various alternative cryptocurrencies, fueled by growing optimism among investors in the broader market. With a remarkable monthly gain exceeding 55%, ADA reached a price level reminiscent of April, briefly touching $0.40 this week. This positive momentum has the potential to boost ADA to surpass a significant resistance level...Read More
The crypto market is rising again, with Bitcoin breaking back above $36,000 and Ethereum trading around the crucial $2,000 level. This new wave of speculative interest has also lifted meme coins, with traders hoping to capitalize on the hype. In this article, we highlight five emerging meme coins that could be primed for a pump...Read More
A United States judge has concluded the dismissal of a class action lawsuit against stablecoin issuer Tether and its affiliate crypto exchange Bitfinex, two years after the plaintiff made a move against the firms. According to a blog post, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New...Read More
Litecoin (LTC) has experienced a monthly surge of approximately 20%, briefly surpassing the $74 mark, in tandem with a broader resurgence in the cryptocurrency market. The increased network activity has played a pivotal role in this upward trend. Data compiled by IntoTheBlock reveals that active addresses on the Litecoin Network have reached a six-month high....Read More
[PRESS RELEASE – London, United Kingdom, November 16th, 2023] MetaWin, a trailblazer in the digital competitions arena, today announced the launch of its most ambitious event to date – the MetaWin Millionaire. This groundbreaking competition offers participants a chance to win $1 million in USDC Stablecoin, marking a new epoch in online competitions. A Game-Changing...Read More
The Polygon Ecosystem Growth address has distributed 217 million MATIC tokens to approximately 70 addresses within the last 24 hours. This strategic move aims to foster development and expand the ecosystem. As a result of this token distribution, there has been a slight impact on MATIC’s market price, leading to minor declines. Polygon Ecosystem Growth...Read More
After a few weeks of speculation following the registration of the iShares Ethereum Trust in Delaware, BlackRock has filed the S-1 prospectus for the product with the SEC. This is the second cryptocurrency-related exchange-traded fund that the company wants to launch after its spot Bitcoin ETF application. CryptoPotato reported last week when the largest asset...Read More
[PRESS RELEASE – Amsterdam, Netherlands, November 16th, 2023] Today, Australian company Blue Biometrics Pty Ltd (Blue) and Dutch Layer-1 Blockchain Network, LTO Network (LTO) announced their collaboration to deliver a cross-chain proof-of-humanity solution. Together, they aim to weed out bad bots and meet the growing need for identity and fraud prevention for crypto assets. Customers...Read More
Two substantial XRP transactions were recently observed, signaling a notable shift in XRP token distribution across trading platforms. These transactions, totaling 44,500,000 XRP, have caught the attention of market watchers and stirred discussions about their possible impact on the market. Whale Movements in the XRP Ecosystem Whale Alert reported these two major movements. The first...Read More
[PRESS RELEASE – Calgary, Canada, November 15th, 2023] Following a successful Seed Extension fundraise in October, Portals, the DeFi protocol aggregator simplifying Web3 by consolidating DeFi actions, has launched a significant upgrade of its developer API, providing builders with a comprehensive suite of tools and data to supercharge their projects. The Portals API currently powers...Read More
Since breaking above $36,000 last week, Bitcoin’s exchange rate with the U.S. dollar and USD stablecoins has held steady above the $36,500 level. The bull market has taken BTC’s market cap up to 55% of the global silver market cap. Meanwhile, the total market capitalization of all cryptocurrencies has surpassed the value of all the...Read More
Due to its recent spike in popularity, a FTTUSDT perpetual swap with up to 10x leverage will be relisted at BitMEX tomorrow. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here. For the lowdown on the latest listing,...Read More
A new listing – OKBUSDT – created to give traders exposure to the newly announced X1 layer 2 network, is live on BitMEX – and with up to 10x leverage. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register...Read More
Last year, French national Michel Aurelien, who was inspired by the BAYC collections’ success, founded the Mutant Ape variation. Although his own version was in no way endorsed or approved by YugaLabs, it nonetheless became somewhat popular in just a few months. Misleading From The Start Unfortunately for investors of the project – which has...Read More
A deeper look into candlesticks – another type of chart pattern and how they help traders identify trends and prices. What are Candlesticks? Candlesticks are a common chart type that helps traders to identify relevant asset prices — the opening, high, low and closing (OHLC) prices within a defined and constant time frame. There are...Read More
