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Ethereum (ETH) could be on the brink of a rally, with the $5,000 mark within reach, driven by strong supply-demand dynamics and growing network activity, according to analysis from CryptoQuant. There are several factors contributing to this bullish outlook. Record-High Demand via Spot ETFs The report highlights investor demand for Ethereum has risen, evidenced by…

A Senate committee vote on the re-nomination of Democratic Commissioner Caroline Crenshaw to the Securities and Exchange Commission (SEC) has been postponed. Originally scheduled for December 11 as part of a U.S. Senate Banking Committee hearing, the vote was delayed just minutes before it was due to begin, according to a report from Bloomberg. Senate…

Crypto exchange Kraken’s Australian arm is facing an AU$8 million (US$5.1 million) fine from the country’s corporate watchdog. The Australian Securities and Investments Commission (ASIC) has imposed a hefty fine on Kraken for “unlawfully” offering a credit facility to over 1000 Australians. Kraken, which operated under Bit Trade in Australia, had issued a ‘margin extension’…

The South Korean High Court has upheld the jail term of the son of the CEO of software giant Hancom after the latter was found guilty of creating a $6.7 million altcoin “slush fund.” Suwon District Court sentenced Kim Sang-cheol’s second son (first name withheld for legal reasons) to jail for three years in August…

The U.S. Supreme Court has cleared the way for a class-action lawsuit accusing Nvidia of misleading investors about its reliance on crypto mining. The decision came just weeks after the court heard Nvidia’s appeal and days after China announced an antitrust investigation into the chipmaker. Source: supremecourt.gov Crypto Crash Fallout: Nvidia Faces Investor Lawsuit Over…

As bullish US CPI data fuels Bitcoin price back above $100,000, the biggest Solana DEX Raydium is again in the spotlight after crushing Uniswap’s monthly trading volumes… again. Solana is the big story of 2024, having unlocked unhinged success amid the meme coin hysteria that has characterized the crypto market this year. Among Solana DEXs,…

With a substantial 4.81% uptick today, the Solana price appears to have moved past its recent consolidation, reaffirming bullish end-of-year projections for the altcoin. While even leading altcoins did not escape the liquidation event unscathed, Solana has proven to be among the most resilient, down just 2.38% for the week. Indeed, as trading volume dips…

PEPE has fallen by 7.5% in the past 24 hours, sliding to $0.0000236 as the crypto market drops by 1% today. The meme token had enjoyed a very strong 30 days, setting a new ATH of $0.00002803 only two days ago. So even with today’s loss it remains up by 13% in a week and…

Donald Trump, the U.S. President-elect, has reportedly set his sights on a staggering $150,000 Bitcoin price early in his presidency. According to an Axios report citing a transition insider, Trump considers Bitcoin a “stock market alternative” and plans to focus on its value as part of his broader economic strategy. This isn’t the first time…

MicroStrategy’s eligibility for inclusion in the Nasdaq 100 may depend on its sector classification under the Industry Classification Benchmark (ICB). In a recent social media post, Bloomberg Intelligence analyst James Seyffart noted that MicroStrategy could be reclassified as a financial stock due to its substantial Bitcoin holdings and financial engineering activities. Such a change would…