[ad_1] VeChain (VET), a leading blockchain platform known for its supply chain and logistics solutions, has recently experienced a significant price movement. The cryptocurrency has broken below the critical support level of $0.03289, a development that signals the persistence of its ongoing downtrend. This breaking of support is a bearish sign, indicating that there is still a lot of selling pressure and that more drops could be on the horizon. A number of causes, including general market conditions and particular difficulties facing the VeChain ecosystem, have contributed to the price decline of VET. Currently, the price of VET is down…
Author: dfrancis36
[ad_1] Crypto analyst Javon Marks has made an ultra-bullish prediction for the Dogecoin price in this bull run. The analyst claims that the foremost meme coin could attain such ambitious heights based on its performance in previous market cycles. Dogecoin To Rise As High As $17 In This Bull Run Marks shared a chart on his X (formerly Twitter) platform in which he predicted Dogecoin could enjoy a 21,700% price gain and rise to $17. The analyst made this forecast based on Dogecoin’s historical breakout trend, in which the meme coin has had larger runs in every subsequent bull run. …
[ad_1] American multinational investment company, BlackRock has surpassed Grayscale in total Assets Under Management (AUM) for Spot Bitcoin Exchange Traded Funds (ETFs). This milestone signifies BlackRock’s growing prominence in the ETF sector, highlighting the company’s confidence in crypto-based investments. BlackRock Spot Bitcoin ETF Surpasses $21 Billion BlackRock’s iShares Bitcoin Trust (IBIT) has exceeded $21.4 billion in assets under management, surpassing Grayscale’s Bitcoin Trust ETF (GBTC) by more than $1.6 billion. This massive increase is attributed to the consistent inflows witnessed by BlackRock’s Spot Bitcoin ETF since the beginning of the year. Following the launch of its Spot Bitcoin ETF on…
[ad_1] Enhance Your Cryptocurrency Investments with Best Crypto Staking Platform In 2024Cryptocurrency staking has become an increasingly popular way for investors to earn passive income. By participating in staking, you can lock up your crypto assets to support the operations of a blockchain network and, in return, earn rewards. However, with numerous staking platforms available, choosing the best one for your investment can be challenging. This article will guide you through the top crypto staking platforms, their features, and how to get started.What is Crypto Staking?Crypto staking is the process of dedicating a quantity of cryptocurrency to a wallet to…
[ad_1] DeFi Returns brings comprehensive up-to-date information on DeFi strategies and protocols, to easily compare and analyze their performance. Getting the most reliable data source for historical yield on DeFi, to help users make informed decisions when investing in the ecosystem. All data displayed is sourced from the protocol’s smart contracts directly. The new DeFi Returns v2 is faster and smoother. It’s designed to make the process of checking and comparing DeFi returns as efficient and enjoyable as possible, emphasizing efforts in the user experience. New features also include: Advanced Analytics for Strategies with Rewards: to view the accumulated yield…
[ad_1] The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a mechanism to hedge against significant price drops in ETH while preserving the deposited principal. Who is this product for? The FUD Vault is designed for individuals who have uncertainties about the future performance of ETH and want to find a way to potentially profit even when the market is experiencing a downward trend. By depositing funds into the FUD Vault,…
[ad_1] Arthur Hayes, a crypto millionaire and the co-founder of the BitMEX crypto exchange, has encouraged crypto investors to go long on Bitcoin and other promising altcoins in the market. He encouraged investors to get ready for an imminent Bitcoin bull run this season. Arthur Hayes: Go Long On Bitcoin And Altcoins In a recent blog post titled “Group Of Fools,” Hayes has acknowledged Bitcoin’s prospects, highlighting that the crypto bull run was finally reawakening with Bitcoin potentially being one of the most profitable cryptocurrencies during this bull cycle. The BitMEX co-founder linked the efforts of the central bank to…
[ad_1] Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently seen its price fall below the 4-hour Simple Moving Average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour SMA is often used to gauge short-term market momentum. When a cryptocurrency’s price drops below this moving average, it can signal a potential shift in market sentiment from bullish to bearish. This could imply increased selling pressure and a possible downward trend continuation. The implications of this price movement extend beyond technical analysis, as broader market conditions, investor behavior, and fundamental factors also play a crucial…
[ad_1] Crypto data aggregator firm, CoinGecko, has experienced a data breach through one of its third-party services. While no CoinGecko user accounts were compromised in this incident, the hackers accessed vital users’ personal information which they employed in launching a wide-scale phishing attack. 23,723 Users Compromised In Data Breach According to a security notice on June 7, CoinGecko claimed that hackers gained access to an employee’s account at GetResponse, an email marketing platform, leading to a high level of unusual activity. On June 6, the team at GetResponse confirmed the attack stating that a data compromise had occurred. Through this…
[ad_1] This week, the team of Pods, a provider of structured products for crypto assets, unveiled its latest offering – the ETHphoria Vault. This innovative yield strategy is designed explicitly for ETH enthusiasts who are bullish about its future prospects and want to earn even more from increasing prices. ETHphoria is a low-risk, principal-protected strategy designed for those bullish on the ether (ETH) market. By integrating Lido with call options, ETHphoria allows users to earn higher rewards as the market rises. The strategy uses 100% of Lido’s weekly staking rewards to purchase call options with a 1-week expiry. If the…