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Binance listing sparks gains for COW and CETUS tokens
Bitcoin spiked to above $75,400, a new all-time high. This came as Donald Trump clinched the US presidency, beating Kamala Harris. Bitcoin rose to new all-time high above $75,000 as world leaders began to congratulate Donald Trump as the winner and president-elect in the 2024 US election. As Trump took a decisive lead with key wins in Pennsylvania, Georgia and North Carolina, pushing his Electoral College votes past the 270 mark, Bitcoin price rocketed past $75k to hit a new all-time high above$75,400. BTC chart. Source: TradingView The flagship cryptocurrency has since retraced below $74k, but its sharp surge had...
Blockchain TVL and ETH fees are top indicators for predicting token price surges, data shows
Nansen and Bitget research reveals TVL and fees in ETH as top indicators for token price predictions. Key Takeaways TVL and fees in ETH are the best predictors of short-term token price movements. On-chain metrics outperform social sentiment in forecasting crypto price changes. Nansen and Bitget Research have released a report analyzing on-chain metrics as predictors of crypto token prices. Key findings suggest that on-chain activity, particularly total value locked (TVL) and fees in Ethereum (ETH), are better predictors of short-term price movements than social sentiment. The report found significant links between governance tokens and chain metrics for the Ethereum...
Ethereum ETFs Launch About To Kickstart The Altseason? Analysts Weigh In
The long-awaited Ethereum Exchange-Traded Funds (ETFs) are finally live, registering over $100 million in volume in the first 15 minutes. Investors expect to see the launch’s impact on the crypto market, while some market watchers believe ETH ETF’s performance will kickstart the Altcoin season. Ethereum Spot ETFs Are Officially Live On Monday, the US Securities and Exchange Commission (SEC) gave the final nod to Ethereum spot ETFs, setting the launch date for Tuesday, July 23. After the approval, investors raised the alarm following some online reports. Per Whale Alert, Grayscale has transferred $1 billion in ETH to Coinbase Institutional. This...
