RUNE, the native token of the cross-chain decentralized exchange, THORChain, is under pressure. From the daily chart, the token is down nearly 60% from May highs and remains flat even as the broader crypto market recovers. Even as RUNE flatlines, there is confidence that prices may rally in the coming days primarily because of fundamental…
Read more
After becoming the recipient of the largest accidental transaction fee in Bitcoin history last week, the F2Pool mining pool showed integrity by returning the 19.82108632 bitcoin, valued at around $510,000, to the Paxos exchange. On Sunday, September 10, Paxos attempted to transfer 0.074 bitcoin, worth around $2,000. However, due to a bug, the transaction fee…
Read more
The market capitalization of cryptocurrencies is currently increasing by 1.24%, reaching $1.035 trillion on September 14, as per data from TradingView. This rise can be attributed to the gains witnessed by top cryptocurrencies like Bitcoin, Ethereum, and Solana, in response to the latest inflation data and increased speculation that the Federal Reserve may suspend interest…
Read more
Two leading exchange-traded fund (ETF) providers have set their sights on launching the first spot Ethereum ETF in the U.S. after continued delays from regulators on approving a spot Bitcoin ETF. ARK Invest and asset manager VanEck filed proposals with the Securities and Exchange Commission (SEC) for Ethereum ETFs that would trade on CBOE Global…
Read more
