Grayscale CEO Michael Sonnenshein predicted that outflows from the Grayscale Bitcoin exchange-traded fund (GBTC) will stabilize and reach an equilibrium. Grayscale has been facing stiff competition in the spot Bitcoin exchange-traded fund (ETF) market since January, when the U.S. Securities and Exchange Commission (SEC) approved the product. Grayscale CEO Sees Outflows Reducing According to Sonnenshein,…
● Milei Moneda’s ($MEDA) presale is gaining massive traction among crypto enthusiasts. ● Filecoin’s (FIL) price could reach $10.06 by April 17. ● Ethereum (ETH) price could surge to $3,450.56 by April 15. Investors have a prime opportunity to secure substantial profits by participating in the highly anticipated Milei Moneda ($MEDA) presale, which is generating…
Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term. Ethereum extended its decline and tested the $3,400 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend…
The launch of ‘Ethena Season 2’ staking rewards has triggered movements, as whales have been actively withdrawing large sums of $ENA (Ethena’s native cryptocurrency) from exchanges to participate in the program. Since initiating the ‘Ethena Season 2’ staking rewards, there has been a notable uptick in activity from major $ENA holders. Ten wallets have collectively…
EURC (EURC.e) goes live on the Polygon zkEVM, integrating a trusted Euro-backed stablecoin into the ecosystem. Circle’s EURC was previously available on Avalanche and a few other networks. Polygon has officially announced that EURC (EURC.e) is now live on its zero-knowledge Ethereum Virtual Machine (zkEVM), expanding the list of tokens available to users. Bridged EURC…
On-chain data shows the Bitcoin network has been quite cheap recently, as the transaction fee per block has been near cycle lows. Bitcoin Miners Have Been Receiving Low Fees Recently As analyst James Van Straten pointed out in a new post on X, the BTC transaction fee has been floating around cycle lows recently. The…
[PRESS RELEASE – New York, USA, April 10th, 2024] In a significant strategic move, Zebec Protocol and its ZBC token have transitioned to a new name The Zebec Network and corresponding ZBCN token ticker to better represent the business’s expanded product portfolio and the robust infrastructure network that underpins it. ZBCN to start trading on exchanges…
Meme coins usually spark to life in a bull year. These cryptocurrencies are highly volatile, offering the biggest profits by a wide margin. One investor took advantage of this opportunity and became a crypto millionaire through a well-timed investment in Donotfomoew (MOEW). However, analysts have discovered another meme coin with the potential to replicate this…
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Bitcoin price found support near $67,500. BTC started a fresh increase and might soon revisit the $72,500 resistance zone in the near term. Bitcoin retested the $67,500 support zone before it started a fresh increase. The price is trading above $70,000 and the 100 hourly Simple moving average. There was a break above a key…