As the crypto community eagerly awaits the potential approval of Ethereum (ETH) spot exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), recent developments suggest growing uncertainty surrounding the outcome. Eleanor Terrett, a respected crypto journalist, sheds light on the shifting sentiments regarding the SEC’s stance and its implications for the market. Terrett’s … Read more
In a bold move highlighting its confidence in the future of cryptocurrency, MicroStrategy has once again increased its Bitcoin holdings, acquiring an additional 12,000 tokens for a staggering $821 million. With this latest purchase, the technology company’s total balance of Bitcoin now stands at an impressive 205,000 BTC. The announcement, made by MicroStrategy’s founder and … Read more
In the midst of the cryptocurrency market’s recent excitement over XRP’s remarkable 20% spike, Ripple CEO Brad Garlinghouse has underscored the importance of real-world utility in the crypto landscape. Despite XRP’s surge above $0.74, Garlinghouse’s remarks serve as a reminder of the significance of tangible applications amidst market euphoria. XRP, which has been trading below … Read more
In the wake of a meteoric rise in the value of Shiba Inu tokens, the cryptocurrency has seen a significant increase in burns, with over 387 million tokens eradicated from circulation in just 24 hours. This surge in token burns, fueled by a flurry of transactions, underscores the growing momentum behind Shiba Inu’s deflationary mechanisms … Read more