Bitcoin miners continue to face significant pressure as indicated by the Bitcoin Hash Ribbons. Despite recent signs of recovery, miner capitulation remains ongoing. Current on-chain data reveals the sustained hardship within the mining sector. Discover the current state of Bitcoin mining as on-chain data highlights persistent challenges faced by miners. Bitcoin Hash Ribbons Signal Persistent
### Ethereum ETFs Move Closer to Listing Amid Revised Applications Ethereum enthusiasts and investors have reason to celebrate as Ethereum Exchange-Traded Funds (ETFs) inch closer to regulatory approval. The progress comes amid a flurry of revised applications, signaling increased momentum towards the official listing of these groundbreaking financial instruments. An ETF, essentially a type of
VanEck, Grayscale, 21Shares and Franklin Templeton updated their proposals with the SEC on Monday.
Solana-based memecoin WATER is registering a huge price jump at the moment. It coincided with the period that popular Argentine footballer Lionel Messi posted about the token on social media. Is Messi Endorsing the Solana WATER Memecoin? On Monday, Messi’s Instagram account posted a picture on his story that looked like he was promoting the The post Solana Memecoin WATER Jumps 23% As Lionel Messi Boosts Awareness On Instagram appeared first on CoinGape .
Cardano’s price continues to face considerable challenges, remaining below the $0.40 mark despite an impressive 7% rise in the last 24 hours. The altcoin’s value hovers just under $0.37, struggling to break through this resistance level. Investors are hesitant to engage, awaiting a significant positive trigger that may not materialize. Cardano’s price remains below $0.37,
BONK’s price was bearish in the early hours of the day before support was established at the intra-day low of $0.00002. However, with the announcement of the treasury proposing an 84 billion token burn, the digital asset witnessed a 10% surge, reshaping investor sentiment and market trend. BONK Token Burn Announcement Spurs Market Rally After The post BONK Price Surges 10% As Treasury Proposes 84B Token Burn appeared first on CoinGape .
VanEck and 21Shares file 19b-4 forms for spot Solana ETFs with Cboe, and acknowledgment from the SEC could "start the decision clock." The post VanEck and 21Shares file Solana ETF forms, start “SEC decision clock” appeared first on Crypto Briefing .
Bitcoin (BTC) started the week under pressure, briefly dipping to $54,260 before bouncing back to $57,500, a 3% recovery. However, BTC remains down by over 8.4% for the month, echoing a cautious market sentiment among traders. The Fear and Greed Index indicates ongoing fear, underscoring the significance of insights from key market experts. Bitcoin shows
On-chain data shows the Bitcoin Hash Ribbons are signaling that the miners are still under immense pressure as their capitulation continues. Bitcoin Hash Ribbons Are Yet To Signal End Of Miner Capitulation In a post on X, CryptoQuant community manager Maartunn has shared what the latest trend in the Bitcoin Hash Ribbons has been looking
The price of the flagship cryptocurrency plunged last week to little over $53,000 after a massive $400 billion sell-off hit the cryptocurrency market that came after BTC dropped below its 200-day moving average for the first time in 10 months, but Bitfinex has suggested that “a potential local bottom has been reached.” Bitcoin’s aggressive sell-off