Ethereum’s price is struggling to recover as hedge funds pile into record-breaking short positions, with bearish bets surging 500% since November 2024. Data from the CME reveals futures contracts have hit a peak of 11,341, the highest ever recorded for ETH. Despite Bitcoin’s 100% rally since early 2024, Ethereum has crawled forward by just 3.5%, … Read more
Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $14 million (1.3 billion rubles) in damages from illegal cryptocurrency mining in … Read more
Ethereum (ETH), the prominent altcoin in terms of market cap, is grappling with a significant downturn as the new year commences with marked losses. In the past 24 hours, ETH has seen a depreciation of 3.5%, now valued at $2,620. Increased selling pressure has nudged the price closer to vital support thresholds, prompting concerns about … Read more
Franklin Templeton’s decision to expand its $594 million OnChain Money Market Fund to Solana is a big step toward bringing institutional finance into blockchain. As major financial firms turn to Solana’s fast and efficient network, new projects like PlutoChain ($PLUTO) are getting ready to tackle other challenges. With 2-second block time and built-in DeFi features, … Read more
In a turbulent market for cryptocurrencies, Litecoin (LTC) is making headlines with a notable rise. As of February 19, 2025, while leading currencies like Bitcoin (BTC) and Ethereum (ETH) are facing downward trends, Litecoin has captivated market attention, climbing past the $128.20 mark. What Fuels Litecoin’s Surge?Can Litecoin Break Through Key Resistance Levels? What Fuels … Read more
Reporting from Coindesk has revealed that Hayden Davis, CEO of Kelsier Ventures, one of the entities behind the embattled memecoin Libra, allegedly boasted about sending money to Karina Milei, Argentinian President Javier Milei’s sister, months before the token’s scandalous launch that netted Kelsier $100 million and landed Javier Milei in serious political trouble including a … Read more
XRP’s price action is heating up as the odds of an XRP ETF approval hit 65%, with Bloomberg analysts pointing to a potential green light in 2025. While pro-crypto policies under Trump’s administration have fueled optimism, Ripple’s legal standoff with the SEC remains a major roadblock. Until that battle is fully settled, experts believe an … Read more
Este artículo también está disponible en español. Ethereum (ETH) has failed to break from a key level, retracing 4% as most of the market bleeds. Some analysts believe that ETH’s next leg up won’t come in a few months, as the second-largest cryptocurrency could move sideways until May. Related Reading Ethereum To Continue Sideways Move? … Read more
As global markets grapple with tighter monetary policies, entrepreneur-turned-politician Vivek Ramaswamy predicts a structural shift in corporate finance strategies, with bitcoin poised to become a staple of institutional treasuries. Bitcoin—A ‘More Common Corporate Treasury Holding’ In a statement on X on Feb. 18, 2025, Vivek Ramaswamy—the former 2024 presidential candidate and former DOGE lead—declared that … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Grayscale’s Cardano ETF filing sent ADA soaring, but Rollblock is stealing the spotlight with a 450% presale surge and predictions of another 400% gain. The news about Grayscale Investments’ Cardano ETF filing sent ADA … Read more