Bitcoin is the first decentralized cryptocurrency. Each subsequent such currency is referred to as an “altcoin” or in other words an alternative cryptocurrency. Stay up-to-date with the latest news on the altcoin market.
Dogecoin saw a significant drop as Bitcoin fell ahead of Mt. Gox repayments. The market downturn coincided with increased whale activity and liquidations.
The crypto bloodbath continues as Bitcoin dipped below $54,000 with the rest of the market following its lead.
According to a recent Lookonchain report, Ethereum has outpaced Bitcoin in fee revenue by an impressive 100% in the past year.
Expectations for the start of spot Ethereum ETF trading are becoming increasingly positive and experts are of the opinion that it is only a matter of time until final approval.
A prominent crypto analyst has noted a major shift in the market, pointing out that major investors are putting significant funds into one of the leading altcoins.
Steve Kurtz, head of asset management at Galaxy Digital, expects the US Securities and Exchange Commission (SEC) to approve the spot Ethereum ETF within “weeks” rather than days, though he agrees , that the decision will probably be made in July. В interview on Bloomberg TV on July 2, Kurtz commented: We’ve been through this process before. […]
On July 3, the Bittensor (TAO) blockchain was temporarily suspended due to an attack on several user wallets, resulting in at least one of them losing $8 million.