Author: NBTC

Ethereum ETFs could attract up to $15 billion in net flows by 2025, says Bitwise CIO. Low outflows in Ethereum Foundation wallets suggest bull cycle is yet to reach its peak. Ethereum traders are gradually turning bullish again following slight increase in ETH Taker Buyer Ratio. Ethereum (ETH) is up more than 3% on Tuesday following predictions of ETH ETF inflows from Bitwise and VanEck filing a draft that allows its ETF to begin trading immediately if the Securities & Exchange Commission (SEC) approves it. Daily digest market movers: $15 billion net flows, Form 8-A, Ethereum Foundation In a recent…

TLDR Rebel Satoshi (RECQ) presents a lucrative investment opportunity that could bring substantial returns for new investors. Following the recent price upswing, analysts predict that PEPE will rise to $0.00001745 before the end of July. Top experts believe that the price of Shiba Inu (SHIB) could surge to $0.0000311 by early July. PEPE has seen a slowdown of its price surge in the past few days, contrary to predictions of a strong rally in the crypto market. On the other hand, experts are bearish over Shiba Inu’s (SHIB) performance this month. Meanwhile, Rebel Satoshi’s (RECQ) ambitious strategy has led to…

Securities and Exchange Commission (SEC) Chair Gary Gensler on Tuesday refused to comment on the upcoming U.S. presidential election or crypto’s potential impact on it. “I don’t speak about elections,” he said while speaking at the Bloomberg Invest Summit, when asked about the intersection of cryptocurrency and politics. He was addressing questions about former President Donald Trump’s increasing support for cryptocurrencies and criticism of his agency from figures like Mark Cuban. On the topic of the much-anticipated Ethereum spot ETFs, Gensler also provided an update. “We actually went live last year with an Ethereum futures ETF,” he noted, before addressing…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Mainstream gaming is ripe for direct community involvement, and web3 governance through decentralized autonomous organizations, or DAOs, is the way to solve this. Consider the controversy surrounding Helldivers 2 and its eventual resolution. You might also like: AI will save web3 gaming’s competitive landscape | Opinion Helldivers 2 is the biggest hit of the year in gaming so far. The cooperative third-person shooter was launched on Steam and Sony PlayStation by ArrowHead Studios, a relatively unknown indie…

The flow of Shiba Inu to centralized exchanges has significantly cooled off in the last few hours, coinciding with a 1.6% gain in the price of SHIB today. Shiba Inu Net Flow To Exchanges Falls According to on-chain data from CryptoQuant, crypto exchanges had received approximately 196 billion SHIB tokens at press time. This figure contrasts with the 2.3 trillion SHIB tokens deposited to exchanges yesterday, June 24. Meanwhile, a more considerable 293 billion SHIB tokens have been withdrawn from exchanges today. Reconciling the inflows and outflows reduces Shiba Inu’s net flow to exchanges to negative 95 billion tokens. Notably,…

Yesterday both the Bitcoin price and the forecasts on its price have become positive. Indeed, the market value of BTC has returned above $70,000, something that had not happened since before the halving on April 20th. The jump in the quotation and the new forecasts on the price of Bitcoin The news about ETFs The forecasts on the new quotation of Bitcoin The medium term The long term The jump in the quotation and the new forecasts on the price of Bitcoin Yesterday morning the price of Bitcoin was around $67,000. It was a level absolutely in line with that…

Much like many other prominent cryptocurrencies, Ethereum (ETH) has been offering a relatively strong overall performance since the start of 2024, but has been struggling since in the last 30 days of trading. Indeed, though ETH is up nearly 50% since January 1 and, having crossed above $4,000 in March, though it managed to reach highs not seen in years, the last month saw a decline of approximately 11%. Nonetheless, given that June 25 saw another turning of the tide with numerous cryptocurrencies beginning to reverse the downtrend, Finbold decided to consult several of the leading artificial intelligence (AI) platforms…

GameStop’s stock price plunged Friday following an early (and rough) Q1 earnings report release from the video game retailer. But the unofficial GME meme coin on Solana is still flying high this week, hitting an all-time high price just hours before influential trader Roaring Kitty (aka Keith Gill) holds his first livestream in three years. GME, a GameStop tribute coin that launched back in January, is up 70% over the last 24 hours at a current price of $0.021, and now has jumped 467% on the week amid GameStop meme stock fever. The token has now spiked by over 5,000%…

Sen. Ron Wyden (D-Ore.) has been a long-standing member of the U.S. Senate, and was a sponsor or co-sponsor of several key pieces of legislation enabling broad adoption of the internet. More recently, he voted in favor of a House Resolution overturning the Securities and Exchange Commission’s Staff Accounting Bulletin 121, and questioned threats to personal and financial privacy online. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Privacy hawk The narrative Last month, Sen. Ron Wyden spoke at CoinDesk’s Consensus 2024 conference. As…

Key contributors to Xai, the Ethereum-based layer-3 gaming network, say they aim to build the next Valve, developing their ecosystem in a similar way to the video game titan behind the Steam marketplace and some of the best-loved games of all time. Tobias Batton, co-founder and CEO of Ex Populus—a game studio that works closely with the Xai Foundation as a “labs company” of sorts, he previously told Decrypt’s GG—explained that the Valve model is how they envision the future of the gaming network. In the same way that Valve has its own internal studio creating games like Half-Life, Counter-Strike,…