While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows Little Change in June The stablecoin market remained relatively […]
Ethereum’s price stands at $ 3,311, with a market capitalization of $ 404 billion. The 24-hour intraday trading range has fluctuated between $ 3,277 and $ 3,500, while the 24-hour trade volume has reached $ 16.82 billion. A technical analysis across various timeframes highlights significant bearish indicators. The confluence of …
Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated that spot ether ETFs will launch this summer, pending the SEC’s […]
Bitcoin’s price continues its downward trajectory, coasting along at $ 63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders as bearish trends dominate the charts. Bitcoin In the short term, the 1-hour …
Bitcoin’s price stands at $ 69,352, within a 24-hour intraday range of $ 69,213 to $ 69,840. The leading crypto asset’s market capitalization is $ 1.36 trillion, with a 24-hour trade volume of $ 14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation with minor …