JPMorgan says Bitcoin remains in ‘overbought territory’
JPMorgan analysts suggested that Bitcoin is still in the overbought territory. According to analysts, this is still the case despite the recent declines.
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Vitalik Buterin unveils plan to secure Ethereum with ‘Rainbow Staking’
Vitalik Buterin, one of the founders of Ethereum, recently proposed the “Rainbow staking” solution against concerns about staking service providers who have recently gained more power on the network and allegedly threatened centralisation.
Do Kwon appeal on extradition to South Korea denied by Montenegro Court
Do Kwon, the founder of the collapsed crypto project Terra LUNA, has been in dispute between judicial institutions in Montenegro. In a statement made by the Prosecutor General’s Office of the Supreme Court of the country, it was stated that the decision of the Supreme Court exceeded the authority and the decision was appealed.
Bitcoin is still in middle of bull market, says CryptoQuant CEO
Ki Young Ju, CEO of on-chain data platform CryptoQuant, said that the bull season is in no way close to the peak of the bull season and that he thinks the decline is temporary. Young Ju stated that it will be very difficult to predict how the halving effect will be.
Is the NFT world revitalising: Another CryptoPunks NFT just sold for $16M in Ethereum
After the level of craziness it reached in the 2021/2022 period, there was another sale that can be considered as a sign of vitality in the NFT market, which fell into a great silence. Following a $16 million CryptoPunks NFT sale in recent weeks, yesterday, Punk NFT #7804 was sold for 4850 ETH. The $16.4 million sale was also the second largest sale of all time in both ETH and dollars.
ETFs closed the day in negative, but this can’t stop Bitcoin
Bitcoin, which fell to the level of $60,000 the previous day, recovered and surpassed $67,000 with the statements of Fed chairman Powell, and ETFs, which closed the day in the negative, could not fall.
SEC investigating Ethereum Foundation: Fortune
While the cryptocurrency markets were shaken by the investigation into the Ethereum Foundation, Fortune from the US media wrote that the SEC was behind this investigation.
Ethereum Foundation faces inquiry from a government
The Ethereum Foundation, which is based in Switzerland and supports developments in the Ethereum network, has been investigated. There is currently no detailed information about which government agency opened the investigation.
BlackRock launches $100M crypto fund on Ethereum
BlackRock, which entered the crypto industry with the Bitcoin spot ETF move, has now stepped into the Real World Assets (RWAs) category of this field, which has been much talked about recently. The company applied to the US Securities and Exchange Commission (SEC) for the USD Corporate Digital Liquidity Fund. BlackRock will work with Securitize, known for its expertise in asset tokenisation, for the fund.
Trade or manipulation: Trader gains $8M buying Solana meme coins in just 1 hour
In the 2024 bull season, the coins earned on the Solana network, where another meme coin emerged every day and traders flocked, started to reach completely different levels. One person managed to earn 51 thousand SOLs on the token called Shroom in less than 1 hour. Analysts and cryptocurrency investors agree that this person is one of the project developers …