Justin Sun Doubts May Approval for Ethereum ETF

The approval of an Ethereum spot ETF in May is uncertain as regulators and the crypto industry continue their discussions. Justin Sun, CEO of TRON Foundation, voiced concerns over the pending decision, emphasizing the need for regulators to better understand cryptocurrencies. It’s uncertain if an Ethereum spot ETF will be given the green light by … Read more

Bitcoin Solo Miner Wins 3.125 BTC Lottery with Valid Block

A solo Bitcoin miner, part of the ckpool mining community, defied the odds by solving a Bitcoin block on his own, earning himself the full 3.125 Bitcoin reward. Miner “365ughTgK9Q7rXXTM7vubqy1awZ2AJijP” solved block 841,286 on April 28, 2024. An individual Bitcoin miner, working independently from other miners in the ckpool mining group, has astonishingly managed to … Read more

Ark CEO Cathie Wood Picks Tesla as Top AI Project on Earth

Cathie Wood, CEO of Ark Invest, strongly believes that Tesla, headed by Elon Musk, holds the title of the world’s largest AI project. With Tesla’s development of robo-taxis or autonomous taxi platforms, the company is poised to lead the pack in the AI market. According to Wood, potential revenues from this sector are projected to … Read more

Bitcoin Spot ETFs in U.S. Witnessed $328M Outflows Last Week

Last week, from April 26th, US Bitcoin Spot ETFs experienced considerable net outflows amounting to $328 million, according to Farside Investors’ report. Last week, from April 26, 2024, Bitcoin Spot ETFs based in the United States experienced substantial withdrawals amounting to $328 million, according to data from Farside Investors. At the start, there were net … Read more

Ethereum’s Six-Month Low Gas Fees Hint at Altcoin Rally

Ethereum’s average gas fee has hit a six-month low at $1.12 per transaction. This drop could signal shifting market sentiment, as historically high fees tend to coincide with market peaks and low fees with bottoms. As a researcher observing the cryptocurrency market, I’ve noticed that Ethereum‘s gas fees have recently reached their lowest point in … Read more