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In the world of cryptocurrencies, traders and investors are always searching the market for digital assets that have huge potential and good returns. Among the multitude of options available, two cryptocurrencies have emerged as worthy contenders so far. They include Theta Network and Tradecurve. Theta Network (THETA) Dips Despite Wide Utility Theta Network is a blockchain platform focused on media and entertainment, aiming to enhance revenues and reduce content delivery costs for existing video and media platforms. By incentivizing users to share their storage and bandwidth on any device, Theta Network creates a decentralized network that rewards participants. One of the notable aspects of Theta Network is its impressive lineup of partners and supporters. It has support from renowned companies such as Samsung, Google, Sony, and Binance, and has secured strategic partnerships with prominent content providers like MGM Studios, Lionsgate, and even NASA. While Theta Network ...

CME Group announced plans to launch ether and bitcoin ratio futures on July 31, so long as they get regulatory approval .  “Historically, ether and bitcoin have been highly correlated; however, as the two assets have grown over time, market dynamics may affect the performance of one more than the other, creating relative value trading opportunities,” said Giovanni Vicioso, CME Group’s global head of cryptocurrency products, said in a press release. The futures will be cash-settled to the final settlement price of the CME’s ether futures and divided by the final settlement price of its bitcoin futures.  The listing cycle will be the same as CME’s bitcoin and ether futures contracts.  According to Vicioso, this means that “investors will be able to capture ether and bitcoin exposure in a single trade, without needing to take a directional view.”  XBTO’s Paul Eisma, head of options, said that “the launch of ether/bitcoin ratio futures completes the currency triangle allowing...

Join Our Telegram channel to stay up to date on breaking news coverage Robert Leshner, the founder of DeFi lending protocol Compound, has established a new company aimed at investing in short-term government securities. In a recent filing with the U.S. Securities and Exchange Commission (SEC), Leshner unveiled the name of the fund as Superstate. It will allocate 95% of its assets to U.S. Treasuries, government securities, collateralized repurchase agreements, and similar instruments. The filing, made on June 26 with the SEC, shows that Superstate’s fund will invest in ‘ultra-short duration government securities’, including U.S. Treasury bonds, government agency securities, and other government-backed instruments. While the fund will not directly invest in blockchain-based assets such as tokens and cryptocurrencies, it will adopt the blockchain as a record-keeping tool to monitor the shared ownership of specific stakeholders. Blockchain to hold trillions of ...

Bitcoin and several altcoins are stuck in a tight range, indicating that a breakout is brewing. A large part of the recent leg of Bitcoin’s (BTC) rally started after BlackRock filed to list a spot Bitcoin exchange-traded fund (ETF) on June 15. Several applications by other firms have been rejected by the United States Securities and Exchange Commission in the past. However, BlackRock’s filing has a 50% possibility of getting approved, said Bloomberg senior ETF analyst Eric Balchunas.  Another bullish catalyst for the cryptocurrency markets could be a filing by asset manager Fidelity Investments to launch its Bitcoin spot ETF. CoinShares Chief Strategy Officer Meltem Demirors said that firms managing $27 trillion of assets are “actively” pursuing efforts to allow their clients exposure in the crypto space. Daily cryptocurrency market performance. Source: Coin360 Most of the focus in recent days has been on institutional money but the retail trader’s power should not be underestimated....

A glance at the crypto world reveals bitcoin (BTC) is experiencing a pause at the $30,000 mark, but does this stagnation indicate an impending bear market or a precursor to another bull run? Let’s delve deeper. The world’s first and most renowned cryptocurrency has seen its market dominance rise to over 50%, encompassing nearly half of the $1.1 trillion total crypto market.  This leap to dominance, its highest share in over two years, signifies a significant shift from the start of the year when its share was around 40%, according to CoinMarketCap.  As of June 28, BTC was trading at $30,309, up over 4% in the last seven days. BTC 7-day chart | Source: CoinMarketCap The impact of ETF filings and market sentiment Crypto pundits worldwide keenly observe the resurgence of interest in bitcoin ETF filings from behemoths like Fidelity and BlackRock.  Companies with overall $20+ Trillion are rushing to get their Bitcoin spot ETF and you are believing the bears who ar...

Bitcoin bulls have been impressive, and credit needs to be given when it is due. After breaching $30,000 on June 21, BTC has maintained a steady position above the range. A positive sentiment is brewing in the industry, and chances are likely we will witness another yearly high. A correction is still possible in this bearish market, but now other bullish factors are piling on as well. In this article, we will take a dive into the next ‘difficulty’ period for Bitcoin, which may allow further bullish behavior. Bitcoin ‘difficulty’ in line: Thumbs up for price? Now fundamentally, this is somewhat of a negative update. Bitcoin network difficulty is due to a decrease during its impending readjustment on June 29. It is touted to be the 2nd largest drop of 2023, estimated at around -3.15%. However, for miners, it is an ideal situation. A decrease in BTC difficulty means it is easier for miners to solve equations to receive block rewards. Now, a higher spot price of BTC, with reduced difficult...

Shiba Inu is currently trading at $0.00000754 and the token is mostly moving backward than forward in Q2, 2023. SHIB barely spiked in price and the hype and support that it previously enjoyed in the cryptocurrency community is dwindling. The dog-themed token is adding zeroes than deleting them making the 1 Cent dream seem unrealistic at this moment. Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire for Less Than $10 Source: Coingecko No important updates about its upcoming developments Shibarium and SHIB: The Metaverse is out. The disconnect between the developers and the community is among one the reasons that made SHIB’s price dwindle in the indices. Now that SHIB is trading with five zeroes, will it delete a zero by the end of the month? In this article, we will highlight a price prediction for Shiba Inu on July 1, 2023. Shiba Inu: AI Predicts SHIB Price For July 1 Source: Pixabay Leading on-chain metrics and price prediction firm CoinCodex has painted a bearish picture fo...

Also Read: Why XRP Lawsuit Verdict Is Taking So Long? advertisement XRP Price Flashes Slight Bullish Signs XRP price is rallying on an upward trend supported by positive updates coming in favor of Ripple and defendants against the U.S. Securities and Exchange Commission (SEC). XRP price is up by 42% on the year to date (YTD) basis. However, it registered a minor correction in the last 90 days, dropping by around 12%. On-Chain data presented by Santiments suggests that the biggest of the crypto assets are ranging to start the week. On the other hand, XRP remains the only big crypto that is depicting slight bullish signs ahead. This is due to mild trader capitulation as tokens moving at a greater ratio at a loss compared to profit hold a higher chance of a price surge. Data suggest that XRP is registering more transactions at a loss than profit this week compared to the other cryptos. Read More XRP News Here… Recommended Articl...

Andrew Westberg, an ADA enthusiast, tweeted that the 8.1.1 Cardano node has enabled incredible network enhancements. His tweet also noted that BCSH pools experienced no missed slot header checks this epoch. At press time, ADA was trading at $0.2909 after it printed a 24-hour loss of 1.55%. Yesterday, Cardano (ADA) enthusiast Andrew Westberg shared on Twitter that the new 8.1.1 Cardano node has brought about remarkable enhancements. Several Stake Pool Operators (SPOs) have been reporting that BCSH pools experienced no missed slot leader checks in the current epoch as well. Although there are a few minor aspects that still require attention, the significant improvement in performance achieved by this update cannot be emphasized enough, according to Westberg. Meanwhile, the price of ADA faced a 1.55% price decrease over the past 24 hours of trading, according to CoinMarketCap. As a result, the altcoin was trading hands at $0.2909 at press time. This left the...

Join Our Telegram channel to stay up to date on breaking news coverage PEPE Enters a Sideways Trend in Anticipation of Additional Gains- June 26, 2023 Pepe’s rising trend has slowed as the altcoin trades below the $0.0000018000 high in anticipation of additional gains. The consolidation above the moving average lines indicates that the cryptocurrency will continue to rise. If the positive momentum continues, the altcoin is anticipated to reach a high of $0.0000020000. Pepe Price Statistics Data: •Pepe price now – $0.000001524 •Pepe market cap – $597M •Pepe circulating supply – 391,790,000,000,000 PEPE •Pepe total supply – $644,908,409 •Pepe Coinmarketcap ranking – Resistance Levels: $0.0000015000, $0.0000016000, $0.0000017000 Support Levels : $0.0000011000, $0.0000010000, $0.0000009000 Following the recent advance above the moving average lines, PEPE/USD is hovering above them in anticipation of additional gains. T...