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November 26, 2024
Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.  Ethereum has overtaken Tron as the biggest blockchain for the Tether stablecoin after a 10% increase in the supply of USDT on Ethereum over the last week.  There is now $60.3 billion worth of the United States dollar-backed...
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Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges. Asset manager Hashdex has submitted its second amended application for a proposed exchange-traded fund (ETF) designed as a one-stop-shop cryptocurrency portfolio, according to a Nov. 25 regulatory filing. The revised filing signals continued progress for the crypto index ETF...
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Long liquidations and profit-taking from long-term Bitcoin holders are the primary factors in today’s sell-off. When will the dip buyers show up? Bitcoin’s quest for $100,000 hit an impasse as sellers took control and pushed BTC price under $93,000. Margin traders sitting in long positions saw heavy losses as the total crypto market liquidations on...
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