The Real World Asset sector has garnered attention and mentions from crypto analysts, the narrative is making a comeback. Tokens CFG, ONDO, MKR and others have seen up to 50% corrections recently. Several top RWA projects are in the Solana … [Continue reading]
These cryptocurrencies could face selling pressure according to an analyst: STRK, ENA, OMNI, JUP, ONDO
Crypto analyst Thor Hartvigsen calculated the Fully Diluted Valuation of altcoins and identified tokens that could face selling pressure. Hartvigsen noted that four months into 2024, there is a massive increase in the supply of several … [Continue reading]
Coinbase CLO says dispute with SEC is about 52 million US crypto traders, praises John Deaton
Coinbase CLO Paul Grewal said the dispute with the US financial regulator is about 52 million Americans that own crypto. Grewal appreciated Attorney John Deaton for his amicus briefs in support of Coinbase. Blockchain Association filed an … [Continue reading]
Franklin Templeton’s Ethereum ETF listed on DTCC, no guarantee of SEC approval
Franklin Templeton has launched its Ethereum ETF coded as EZET, as seen on the DTCC website. Franklin Templeton’s Spot Ethereum ETF listing on DTCC does not guarantee S-1 filing approval by the US SEC. ETH price is $3,125 at the time of … [Continue reading]
Bitcoin could face mass selling pressure in response to DTCC’s latest notice
The DTCC issued an important notice announcing 100% haircut for ETFs and investment vehicles that include Bitcoin. No collateral value meaning the financial services company will provide no loans against investments in ETFs, Bitcoin. Crypto … [Continue reading]
Tornado Cash developer Roman Storm’s motion to dismiss accusations rebuffed by US DOJ
Tornado Cash developer Roman Storm’s motion to dismiss a criminal indictment received pushback from the US DOJ. The US Department of Justice charged two developers with conspiracy to commit money laundering, operating an unlicensed money … [Continue reading]
Nearly $450 million worth of tokens unlock to look forward to this weekend and into next week
Yield Guild Games and SingularityNET have small volumes of cliff unlocks this weekend, setting the tone for next week. MEME, DYDX, OP, PRIME, SUI, and ENA tokens worth millions are due for cliff unlocks next week. Token holders should brace for … [Continue reading]
BRETT, a Base meme coin, drops 47% amid FUD that insiders hold majority of supply at launch
Base meme coin BRETT has dropped nearly 50% from its peak price and 34% in 24 hours. Reports of insiders holding over 81% of supply at launch provoked sell-off. BRETT market exploded from $2 million to $850 million in record time but has dropped to … [Continue reading]
Bitcoin Price Outlook: A revisit of $52k is highly likely to shake weak hands before next leg up for BTC
Bitcoin price is trading within a range with expectations of a sideways weekend before eventful week starting Monday. Hong Kong BTC and ETH ETFs to start trading on Monday before Fed meeting next week. In past cycles, BTC has dropped 20% to 25% as … [Continue reading]
Bitcoin price is range-bound, but retrace below $60K seems likely
Bitcoin price is trading within a range with expectations of a sideways weekend before eventful week starting Monday. Hong Kong BTC and ETH ETFs to start trading on Monday before Fed meeting next week. In past cycles, BTC has dropped 20% to 25% as … [Continue reading]