BITCOIN NEWS

VanEck’s Bitcoin ETF sees 1,000% daily volume spike in fee cut anticipation

VanEck’s spot Bitcoin ETF jumped 14 times its daily average volume a day before the firm plans to implement a fee cut, reducing entry cost from 0.25% to 0.2%. According to Bloomberg’s Eric Balchunas, the VanEck Bitcoin Trust ETF (HODL) had over $258 million in trading volume on Feb. 20 from 32,000 i...

ETHEREUM NEWS

Ethereum Price Overtakes BTC -Is $4k ETH a Valid Prediction?

Ethereum price surged past $3,000 on Feb. 20, eclipsing Bitcoin’s 22% growth; ETH 2.0 staking deposit trends observed this week suggest the gap could widen even further. The media frenzy surrounding the Bitcoin ETF approval saw BTC price outperform ETH in the early days of the 2024 market rally. How...

CRYPTO NEWS

XRP Refuses To Back Down As Crypto Analyst Identifies When Price Will Rally To $2

Several analysts continue to make bullish predictions for the XRP token despite its lacklustre price action. This time, crypto analyst Dark Defender has identified emerging patterns that suggest that XRP could rise to $2 soon.  The XRP Bull Run Is Here Dark Defender mentioned in an X (formerly Twitt...

FINANCE NEWS

Australian Dollar extends gains on subdued US Dollar ahead of FOMC Minutes

Australian Dollar could extend its gains on a subdued US Dollar. Australia’s ASX 200 declines following overnight losses on Wall Street. RBA Meeting Minutes shifted market sentiment towards the likelihood of no rate cuts anytime soon. Greenback faces challenges as US Treasury yields decline ahead of...

TECH NEWS

Filecoin: How Solana helped FIL prices jump 38% in 7 days

FIL was the 12th most-traded cryptocurrency in the last 24 hours. The OI in FIL futures spiked to a 26-week high. Filecoin [FIL] became the second-largest gainer in the entire crypto market over the last 24 hours, building on the bullish impetus it received recently. The token representing the decen...

NFT NEWS

Autoglyphs Set Fetches Record-Breaking $14.6 Million in Historic NFT Sale

In a recent development that’s making headlines, a complete set of 10 Autoglyphs has been acquired for 5,000 ETH, equivalent to approximately $14.6 million. This sale marks the highest NFT sale in the past two years and stands as the fifth-largest purchase on-chain, setting a new benchmark for the v...

BLOCKCHAIN NEWS

Decentralized physical infrastructure network (DePIN), explained

DePIN reimagines traditional infrastructure by leveraging decentralized technologies to create resilient, efficient and community-driven systems across various domains. Decentralized physical infrastructure networks (DePIN) refer to the application of blockchain technology and decentralization princ...