Blockchain

Credit: Image by Yahoo via YAHOO NEWS Ethereum Price Outlook: DEX Volumes Plunge 34% in a Week As the cryptocurrency market continues to evolve, Ethereum (ETH) is facing significant challenges that have led to a bearish sentiment among traders. Recent data reveals a staggering 34% drop in decentralized exchange (DEX) activity on the Ethereum network…

Credit: Image by Yahoo via YAHOO NEWS Crypto Companies Pursue Bank Charters Amid Trump Administration Shift In a notable trend, cryptocurrency and fintech companies are increasingly pursuing bank charters, aiming to expand their operations under the Trump administration. A recent report from Reuters highlights insights from over half a dozen industry executives, indicating a growing…

Credit: Image by Yahoo via YAHOO NEWS Cardano’s ADA Joins US Digital Asset Stockpile: Value Insights On March 2, President Donald Trump announced that Cardano’s ADA token would be included among the cryptocurrencies in the US strategic crypto reserve. This decision was further clarified on March 6, indicating that altcoins would be part of the…

Credit: Image by Yahoo via YAHOO NEWS Bitcoin Price Volatility: FOMC Days and Market Reactions Bitcoin traders often reduce their risk exposure leading up to Federal Open Market Committee (FOMC) meetings, but recent price metrics suggest a divergence from this trend. As the market anticipates the release of the Fed minutes, the question arises: will…

Credit: Image by Yahoo via YAHOO NEWS Majority of Institutions to Increase Crypto Allocations by 2025 Institutional investors are showing a strong bullish sentiment towards cryptocurrency, with a staggering 83% of institutions indicating plans to increase their crypto allocations by 2025. This finding comes from a comprehensive report released on March 18 by Coinbase and…

Credit: Image by Yahoo via YAHOO NEWS Rep. Khanna Advocates for Stablecoin and Crypto Bills in 2023 In a significant address at the Digital Assets Summit on March 18, US Representative Ro Khanna, a Democrat from California, expressed optimism regarding the passage of both stablecoin and crypto market structure legislation within the current year. Khanna…

Credit: Image by Yahoo via YAHOO NEWS US Stablecoin Legislation Expected Within Two Months, Says Hines The recent bipartisan approval of the GENIUS Act by the Senate Banking Committee signals a significant step towards comprehensive stablecoin legislation in the United States. Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets,…

Credit: Image by Yahoo via YAHOO NEWS Binance CEO Denies Trump Family Deal Talks Amid Praise In a recent statement, Binance CEO Richard Teng firmly denied reports suggesting that Binance.US was engaged in discussions regarding a potential deal with entities linked to former President Donald Trump. This assertion was made during a panel discussion at…

Credit: Image by Yahoo via YAHOO NEWS Ethereum Price Faces Cursed Downtrend: Analyst Insights for 2025 Ethereum (ETH) is currently experiencing a troubling downtrend, which analysts suggest could continue well into 2025. Historical patterns indicate that previous dips into oversold conditions have not marked a definitive bottom, with each instance followed by another leg lower,…

Credit: Image by Yahoo via YAHOO NEWS Solana CME Futures Volume Hits $12.1M: A Miss or Future Potential? On March 17, Solana futures made their debut on the Chicago Mercantile Exchange (CME), recording a trading volume of $12.1 million on the first day. This figure, however, pales in comparison to the launch performances of Bitcoin…