Author: Ronaldo Markue

Ethereum spot ETF approvals will attract billions in inflows shortly, according to Matt Hougan, Bitwise Asset Management’s CIO. In the latest investor note, Hougan even predicts $15 billion in net asset inflows into ETH ETFs in the first 18 months. ETH market capitalization, Bitcoin comparison, similar products in the UK and Canada, and the impact of the carry trade strategy are some of the assumptions made by Hougan. The carry trade strategy entails purchasing spot BTC ETFs/ETPs and short-selling Bitcoin futures for a difference in price. The Bitwise CIO further avers, “On the other hand, my estimate doesn’t take into…

The chairman of the United States Security and Exchange Commission, Gary Gensler, stated that the Ethereum ETF have no major hurdles and going steadily toward approval. Gensler didn’t comment on when the SEC will approve Eth ETF, but analysts predicted that the approval may come as soon as next week. During the Bloomberg conference on June 25, Gensler avoided providing a timeline for ETH ETF’s approval and remained silent when asked if they would be available before U.S. elections in November. “It’s really about the asset managers making the full disclosure so that those registration statements can go effective,” Gensler…

Since the larger meme coin category is bearish right now, Dogecoin (DOGE) is inspiring confidence amongst its investors. As per, CoinMarketCap it has lost 5% of its market cap that it had yesterday. Conversely, DOGE has recently staggered free with remarkable recovery, reaching a 186.54% percent bullish market share, achieving a staggering $1. 37 billion total. Another important component pointing towards the high level of resistance in the market sentiment of Dogecoin exists bearing in mind that the increased trading volumes confirm continued trade interest by traders, especially with the current price trends being mainly bearish. This may encourage easy…

Despite current bearish sentiments for Bitcoin, a trading expert, Axel Adler, noted that some retail investors with investments of around $10K each are ready to dive into the pool of BTC to give it a new life. BTC retail on-chain accounts are interested in buying Bitcoin in the current bearish phase. This metric has spiked over the past few weeks, increasing by 7%, which the analyst views as a positive signal. Bitcoin Retail Demand Increases as Prices Decrease As per the analysis of Axel Adler, the continuous price drop of Bitcoin is attracting retail investors with accounts of less than…

Binance was able to deploy Tether’s USDT token onto The Open Network successfully. Now users can perform deposit and withdrawal operations on Binance through this open network, which will decrease the transaction charges and also increase the speed of transactions. The official announcement about the integration of the Theater network was released by Binance on June 21. From this statement, one is in a position to transact on TON. “Binance has completed the integration of Tether (USDT) on the Toncoin Network. Deposits and withdrawals are now open.” What TON offers The integration benefits Binance users in that it offers them…

Polydotum’s RFC-0092 suggests decreasing the unstaking time from 28 days to only two – a highly user-oriented approach that, however, doesn’t compromise the network’s security. The Web3 Foundation (W3F) released RFC-0092, which includes shorter unbonding durations for staked tokens on Polkadot with a view to enhance liquidity and move individuals. This proposed mechanism says that the unstaking time will be reduced from 28 days to two while focusing on the user experience and positioning of the platform in the market along with strong security measures will be implemented. “The new mechanism leads to a significantly reduced unbonding time on average,…

Bitcoin price movement, which includes its all-time high in March shows some relation with the Federal Reserve’s Security. The United States economic conditions are becoming favorable for Bitcoin’s price to start rising again in approximately 10 days. Tedtalksmacro, a financial commentator finds some relation between Bitcoin price volatility and U.S. Federal Reserve liquidity. Bitcoin price remained at 3.2% down in June, but the upcoming FED liquidity rice may turn the table before the month’s end. “The correlation between Bitcoin + Fed Liquidity never ceases to amaze me,” Tedtalksmacro posted on X. “Liquidity bottoms in the coming 10 days, then rips…

LDO, a Decentralized Autonomous Organization, gained 15% to $2. 36 during Wednesday’s US session after having an upward movement. Lido DAO’s token increased the trading volume by more than 31% to around $309 million and the market capitalization by as much as 15%. Undefined 12 billion, making it the 43rd largest cryptocurrency in terms of market capitalization based on data from CoinMarketCap. Lido DAO Price Forecast: Is it Possible to Reach $5 by the End of the Week? The trading value of Lido DAO has increased by more than 27% from the previous week, with a 36% rise in the…

Bitcoin Price is already in a correction phase, but to regain its price, Bitcoin needs to reverse three major indicators to make a smooth recovery. Bitcoin dropped its price in recent days and is now trying to regain its price momentum, but according to analysts, it needs to reverse three key elements blocking its way to success. “Basically, it’s The Boring Zone before The Banana Zone,” Julien Bittel said in the 18 June X post. A CryptoQuant analyst believes a lasting recovery will depend on improving three “critical” indicators. Source: CoinMarketCap CryptoQuant’s IT Tech believes that to make a smooth…

The popularity of cryptocurrencies rises steadily, as does concern over the impact they have on the environment. It’s a new report that focuses on Wall Street money lenders and reveals that they play a critical role in financing Bitcoin mining energy consumption. Exposing Wall Street’s Involvement in Crypto’s Sustainability Harm The report examines how the legacy financial systems actively contribute to Bitcoin’s carbon cost because they heavily fund mining projects. However, the analysis in the report reveals that despite being perceived as an independent currency, Bitcoin requires the support of banks, asset managers, and venture capitalists to access critical financial…