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Bitcoin and Ethereum Networks See Heightened Fees as Crypto Usage Soars

Bitcoin and Ethereum Networks See Heightened Fees as Crypto Usage Soars

Leave a Comment / Bitcoin, Ethereum /

Source: AdobeStock/Andrey Popov Bitcoin (BTC) and Ethereum (ETH) networks have experienced a dramatic surge in transaction fees amid soaring crypto usage.  According to data by BitInfoCharts, the average BTC transaction fee currently stands at around $10, up by more than 500% compared to less than $2 earlier this month.  Notably, the average BTC fees reached […]

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Global X’s Bitcoin ETF Decision Delayed by SEC, New Deadline Set – Here’s What You Need to Know

Global X’s Bitcoin ETF Decision Delayed by SEC, New Deadline Set – Here’s What You Need to Know

Leave a Comment / Global, X’s /

Source: Pixabay /Sergei Tokmakov The US Securities and Exchange Commission (SEC) has postponed its decisions on spot Bitcoin (BTC) exchange-traded fund (ETF) applications submitted by Global X and Franklin Templeton.  In a Friday filing, the agency said it expects public comments on Global X’s proposal in the next 35 days, making the new deadline as Dec.

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XRP Price Prediction as XRP Dips 4% to $0.60 – Is a Rebound Imminent?

XRP Price Prediction as XRP Dips 4% to $0.60 – Is a Rebound Imminent?

Leave a Comment / Prediction, Price /

In the latest market developments, Ripple’s XRP is currently trading at $0.6025, marking a 4% decrease on Saturday. Amidst the ongoing legal battle between Ripple and the SEC, where Ripple’s General Counsel suggests the SEC is losing ground, the XRP price faces a significant dip. Concurrently, the cryptocurrency market observes Fidelity’s move to file for

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Fidelity Follows BlackRock, Files For Spot Ethereum ETF – Where Next for Ether (ETH)?

Fidelity Follows BlackRock, Files For Spot Ethereum ETF – Where Next for Ether (ETH)?

Leave a Comment / Fidelity, Follows /

Fidelity Investments Office / Source: Adobe Asset management giant Fidelity just filed a 19b-4 with the Chicago Board Options Exchange (CBOE) to set up a spot Ethereum exchange-traded fund (ETF) called the Fidelity Ethereum Trust, just one day after BlackRock filed to set up the iShares Ethereum Trust, its own spot Ethereum ETF. The latest

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Cardano Price Prediction: Technical Analysis Supports a Rise to $0.50 – What’s Fueling This Optimism?

Cardano Price Prediction: Technical Analysis Supports a Rise to $0.50 – What’s Fueling This Optimism?

Leave a Comment / Cardano, Price /

Cardano (ADA) Chart / Source: TradingView Cardano (ADA) is pulling back on Friday after hitting its highest level since April on Thursday near $0.41 per token. ADA was last changing hands around $0.36, about 11% down versus weekly highs, but is still holding onto impressive gains of around 50% from the mid-October lows under $0.24.

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An ETF is More Important to Bitcoin Than to Ethereum, Says Bitwise

An ETF is More Important to Bitcoin Than to Ethereum, Says Bitwise

Leave a Comment / Bitcoin, Important /

With U.S. spot Ethereum (ETH) ETFs now a realistic prospect, some experts are questioning whether their approval will impact the market as much as a Bitcoin (BTC) equivalent. Bitwise – the world’s largest crypto index fund manager – says they won’t be. In conversation with CryptoPotato, the firm’s analyst Juan Leon explained why. Ignorance Of

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Cardano’s (ADA) Current Trend Mirrors 2018-2020 Phase; Can it Reach $0.75 by December’s End?

Cardano’s (ADA) Current Trend Mirrors 2018-2020 Phase; Can it Reach $0.75 by December’s End?

Leave a Comment / Cardano’s, Current /

Cardano’s native token experienced an upsurge, alongside various alternative cryptocurrencies, fueled by growing optimism among investors in the broader market. With a remarkable monthly gain exceeding 55%, ADA reached a price level reminiscent of April, briefly touching $0.40 this week. This positive momentum has the potential to boost ADA to surpass a significant resistance level

Cardano’s (ADA) Current Trend Mirrors 2018-2020 Phase; Can it Reach $0.75 by December’s End? Read More »

US Judge Dismisses Class Action Lawsuit Against Tether and Bitfinex

US Judge Dismisses Class Action Lawsuit Against Tether and Bitfinex

Leave a Comment / Dismisses, Judge /

A United States judge has concluded the dismissal of a class action lawsuit against stablecoin issuer Tether and its affiliate crypto exchange Bitfinex, two years after the plaintiff made a move against the firms. According to a blog post, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New

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Immutable’s zkEVM Testnet Set for Regenesis as it Shifts to Geth-Based Client

Immutable’s zkEVM Testnet Set for Regenesis as it Shifts to Geth-Based Client

Leave a Comment / Immutable’s, zkEVM /

Immutable, a prominent player in the layer-2 blockchain arena, has announced a transition for its Immutable zkEVM Testnet. Starting November 20, the testnet will undergo a regenesis, transitioning to a Geth-based client from its current Polygon Edge framework. Immutable zkEVM Testnet Embarks on Major Regenesis On November 15, Immutable announced that its layer-2 blockchain, the

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