Ethereum

The cryptocurrency landscape is constantly evolving. Two major players in the smart contract space, Ethereum and Cardano, compete for dominance. Cardano recently surged, jumping 62% in a single day and rising 48% over the past week. Meanwhile, Ethereum, the long-established leader in decentralized applications, dropped 11% over the past seven days despite minor recoveries. With […]

President Donald Trump has announced the formation of a U.S. Crypto Strategic Reserve, marking a major shift in the country’s approach to digital assets. As a result, the reserve will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), signaling strong government support for the cryptocurrency industry. Market Surge Following the Announcement Following […]

Bitcoin network has officially surpassed one billion processed transactions. According to data published on Clark Moody Bitcoin, one billionth transaction was processed in block 842,241 at 9:34 pm UTC on May 5.  This achievement comes exactly 15 years, four months, and four days after the pseudonymous founder, Satoshi Nakamoto, mined Bitcoin’s first block on Jan. […]

House Financial Services Committee Chair Patrick McHenry criticized United States Securities and Exchange Commission (SEC) Chair Gary Gensler on April 30, alleging that Gensler misled Congress about the classification of Ethereum (ETH) during his testimony to the Financial Services Committee last April. McHenry’s allegation comes just a day after unredacted court documents filed by Consensys […]

Bitcoin (BTC) has recently seen a significant price drop, leading to concerns among those who anticipated a surge following its halving event. Since the fourth BTC halving, which occurred on April 20 at 12:09 AM UTC, BTC has fallen by 11%. The price is currently 22% down from its March 14 all-time high of $73,737. […]

Hong Kong’s new spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded over HK$87.58 million ($11.2 million) in trading volume on their first trading day. In contrast, the United States spot BTC ETFs recorded a staggering $4.6 billion in trading volumes on the very first day. On April 30, Hong Kong Exchanges and Clearing […]

Australia’s largest stock exchange — the Australian Securities Exchange (ASX) — is expected to approve the country’s first spot Bitcoin exchange-traded funds (ETFs) later this year, Bloomberg has reported, citing people familiar with the matter. The surge in spot Bitcoin ETF applications follows the approvals in the United States. The 11 spot BTC funds in […]

This week, the QCP Weekend Brief noted that the crypto markets saw a large compression in volatility levels. From 70% to 50%, Bitcoin’s volatility showed a relative calm following its recent turbulence. However, this shrinking of volatility also brought about a deepening downside skew in Ethereum risk reversals, with front-end breaching -13%. Analysts have been quick to point […]

On April 25, the price of Bitcoin (BTC) fell below $64,000, triggering widespread liquidations of long positions across the crypto market. The price drop is attributed to several factors, including the arrest of Samourai Wallet founders, escalating geopolitical tensions in the Middle East, and post-halving volatility. As of writing, Bitcoin is trading at $63,306, down […]