Month: August 2024

Crypto Pundit Predicts Ethereum Price Rise To $3,000, But A Crash Could Happen First

Crypto analyst CrediBULL Crypto has provided deep insights into what to expect from the Ethereum price action going forward. The analyst predict that the second largest crypto token by market cap will still rise to $3,000 but noted that a crash will happen first.  Ethereum To Rise To $3,000 Soon Enough In an X (formerly Twitter) post, CrediBULL Crypto shared a chart that showed that Ethereum would rise to $3,000 sometime in September. However, the analyst’s chart also showed that Ethereum will drop below $2,500 before it enjoys this move…

Ethereum ETFs Have Bled Money, but That’s Not the Whole Story

BlackRock’s iShares Ethereum Trust (ETHA) just passed $1 billion of net inflows, making it the seventh-most-successful ETF launch this year, according to Nate Geraci, president of the ETF Store. Fidelity’s Advantage Ether ETF and the Bitwise Ethereum ETF have taken in $390 million and $312 million, respectively, according to data from Farside Investors. Source

U.S. SEC Settles with Abra Over Unregistered Sales of Securities

Starting in 2020, the crypto investment platform and lender began offering Abra Earn to customers, promising high levels of returns for letting the firm use their assets, the SEC said in its complaint. At one point, the program had about $600 million, and almost $500 million was from U.S. investors. Also, for at least two years, Abra operated as an investment company without registering, the SEC said. Source

Solana’s Popcat Balloons 96% In A Week – The New Token To Watch?

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Making its presence known, the meme-inspired cryptocurrency Popcat, on the Solana blockchain, sure does know how to make waves. In 24 hours, the price rose 23% to $0.740. But equally impressive is this: the token registered a 96% gain in the last seven days.   Source: Coingecko Related Reading This surge has been sufficient to attract the attention of traders and investors due to its magnitude. A total of $127 million worth of transactions took place over the course of the previous day, indicating an increase in the trading activity.…

Base Dawgz ICO raises $3M as it enters final 2 days; analyst predicts surge on listing

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are snapping up Base Dawgz tokens as the presale nears the end after raising over $3M. Investors are grabbing as many Base Dawgz (DAWGZ) tokens as they can right now because the presale is about to end. After raising over $3 million, this initial coin offering (ICO) will end on 28 August at 6 PM UTC. Base Dawgz’s presale is garnering massive attention thanks to its unique cross-chain…

Russia To Launch New Cryptocurrency Trial for Cross-Border Payments To Overcome Sanctions: Report

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Russia is reportedly gearing up to launch a new crypto-based cross-border payments system in an effort to overcome economic sanctions. Bloomberg reports that the Russian government wants to use digital tokens for cross-border transactions to help ease payment difficulties for its companies that have been affected by international sanctions placed on the country. According to people “with knowledge of the matter who asked not to be named discussing private information,” Russia will attempt to use the National Payment Card System (NSPK) to trade rubles and crypto assets when testing payments…

Which Meme Coin Offers Better Long-Term Investment Potential?

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The cryptocurrency market is constantly evolving, with meme coins continuing to attract investors looking for high-risk, high-reward opportunities. Among the latest contenders are Husky Inu (HINU) and Mpeppe (MPEPE), both of which have generated significant buzz. But which of these meme coins offers better long-term investment potential? Let’s delve into the details. Husky Inu (HINU): A Rising Star with Community-Driven Features Husky Inu (HINU), a Solana-based token, has quickly made a name for itself in the crypto world. The project has already raised over 375,000 in its presale, currently in…