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Author: cointechies
Chainlink’s cryptocurrency LINK is up 11% this week as investors anticipate a DeFi renaissance Fortune
The crypto market will witness a total cliff unlock of $257 million next week. Next week's main highlights will be ARB and ID, with combined unlocks reaching $139 million. Cardano plans to add $41 million to its circulating supply from Monday to Friday. Tokenomist data on Friday highlighted the various tokens involved in next week’s $257 million cliff unlock led by Arbitrum (ARB), Space ID (ID), and Cardano (ADA). Crypto market set to unlock $257 million next week Tokenomics insights platform Tokenomist.ai has released its weekly Cliff Unlock data, revealing a $257 million supply increase scheduled to enter the market…
Ethereum price today: $3,900 The Ethereum ETF's impressive growth is “just the tip of the iceberg,” says a BlackRock executive. Ethereum ETFs could grow faster than Bitcoin ETFs if the SEC allows issuers to stake their assets. ETH needs to sustain a move above the key symmetrical triangle to overcome the resistance at the psychological level near $4,000. Ethereum (ETH) rose 1% on Friday following predictions of increased inflows to ETH exchange traded funds (ETFs). With a change in leadership at the Securities and Exchange Commission (SEC), asset managers expect regulators to allow staking on these products. With this development,…
Check out the latest information in Spanish. Since Bitcoin broke above the psychological $100,000 level, it has been trading within a range of $99,000 to $102,000. While this breakout initially sparked excitement among investors, the current price action reflects market indecision, with no clear direction for the coming weeks. Concerns over a possible correction remain as the entire market waits for stronger signals to confirm the next trend. Related books Top analyst Axel Adler recently shared insights on X backed by CryptoQuant data and highlighted two key support levels: $90,000 and $93,000. These levels represent key demand areas and highlight…
Important points MicroStrategy may be included in the Nasdaq 100 Index, pending classification as a technology company. ETFs that track the Nasdaq 100 must be purchased if they include MicroStrategy stock, which may impact stock trading. Share this article Nasdaq is scheduled to announce its annual reconstitution of the Nasdaq 100 index today, which could result in the addition of a number of companies, including MicroStrategy.Bloomberg ETF analyst James Seifert said MicroStrategy meets several criteria for inclusion in the Nasdaq 100, including being classified as a technology company based on its revenue stream.However, Seifert noted that MicroStrategy may not be…
Important points OpenAI claims that Elon Musk pushed the for-profit model from the organization's early days. Musk's proposal to integrate OpenAI and Tesla was rejected, leading to the co-chairman's resignation. Share this article OpenAI responded to Elon Musk's lawsuit with a blog post claiming that the Tesla CEO had advocated for the organization to become a for-profit organization since its inception. This post details emails and events from 2015 that demonstrate Musk's role in shaping OpenAI's direction.OpenAI said Musk questioned its original nonprofit status and created a public benefit corporation in 2017 as a framework for its future, pushing for…
U.Today – Check out U.Today's top 3 news from the past day. Breakout can occur within 2 days: Key patterns to look out forThe XRP price chart shows an interesting setup as the asset is trading within a descending price channel, hinting at a possible breakout on the horizon. Following a parabolic rally, the asset is in a consolidation phase, with the price sustaining higher lows and showing resilience close to the $2.30 support level indicating bullish momentum. Consistent trading volume and a relative strength index hovering around overbought levels further support XRP's fundamental strength despite the recent decline. The…
U.Today – Advocate Michael Saylor delivered an important message to the BTC community on his social media giant X account. This reveals the goal that all companies building Bitcoin Reserves and Spot Bitcoin ETFs are pursuing in terms of daily BTC. production. Saylor exposes BitcoinSaylor's message made it clear that all of the aforementioned organizations are targeting the daily portion of Bitcoin produced by miners. MicroStrategy's founder and executive chairman tweeted, “We're all competing for $45 million in #Bitcoin mined every day.”Curiously, earlier this week, Samson Mo, CEO of JAN3, another big Bitcoin proponent and maximalist, announced that miners will…
Professor Tonya M. Evans, a highly regarded fintech jurist at Penn State University's Dickinson Law Firm and a prominent figure in digital asset strategy, says that while cryptocurrencies can be profitable for Black investors, It states that you must know the risks.Mr. Evans, owner of Advantage Evans, LLC and director of Digital Currency Group, is “deeply invested” in guiding Black investors through the complex world of cryptocurrencies.She was recently interviewed for the Forbes article “Can the crypto industry survive Trump’s Agenda 47 and Project 2025?”She highlighted the friction between government regulatory initiatives that prioritize national sovereignty and the decentralized ideals…
Important points BiT Global sued Coinbase for unfairly delisting wBTC in order to promote its own cbBTC. Coinbase is accused of violating antitrust laws and making misleading statements about wBTC standards. Share this article BiT Global has filed a lawsuit against Coinbase, alleging that the exchange unfairly delisted Wrapped Bitcoin (wBTC) in order to promote its competing product, Coinbase Wrapped BTC (cbBTC). The company said Coinbase's claims of delisting wBTC due to “listing standards” are false, especially considering the exchange has recently onboarded several meme coins including PEPE, WIF, and MOG. claims.The lawsuit, filed on Dec. 13, alleges that Coinbase…