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Crypto news and market commentary from Spoted Crypto.

Crypto-Harris first meeting sparks accusations, shouting matches

"The first-ever roundtable meeting between crypto figures and U.S. Vice Presidential candidate Carmela Harris' campaign reportedly got pretty ugly, with accusations and shouting matches," Fox Business reported, citing sources. "The meeting was organized to bridge the deep rift between the current...

Cryptocurrency Market Wipes Out $300 Billion...Jumping Crypto Asset Sales Spur Downward.

The cryptocurrency market has suffered its biggest drop in over a year with a steep decline in the last three days, according to BlockMedia. Poor employment data and recessionary fears have driven the stock market lower, which has also affected the crypto market. According to Cointelegraph, the...

Ethereum ETF price drops after launch, releasing 92,500 ETH into the market... Is it a buying opportunity?

According to a report from a crypto market data analysis platform, "Compared to BTC spot ETFs, ETH spot ETFs appear to have weaker buying and selling interest. We also analyze that the ETH spot ETF material is already priced in," the report said. "Compared to BTC, ETH is expected to be much less...

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum is known...

What impact did Mt. Gox and the German government's Bitcoin market sell-off have on the market?

According to data from blockchain analytics firm ARKM, an alleged German government address withdrew a total of 710 BTC from Kraken in two separate transfers six hours ago, and also received a total of 408 BTC from multiple anonymous addresses around the same time. It is unclear if the sales have...

Market influencers weigh in on the Bitcoin price outlook

In a recent report, Geoffrey Kendrick, an analyst at British multinational bank Standard Chartered (SC), said, "Bitcoin will hit a new all-time high in August. It could then reach $100,000 by the U.S. presidential election in November," he said in a recent report. "If current U.S. President Joe...

Bitcoin could fall to $50K, a key time for investor caution.

With the price of cryptocurrency giant Bitcoin (BTC/USD) dipping below the $60,000 mark at one point this week, experts are warning that the price could fall further from current levels. Bitcoin is currently hovering around $60,000, which is about 17% lower than the $73,797.68 it hit in March....

ETH ETF in final stages of discussions, short-term spike expected before potential approval date between July 2-4

The U.S. Securities and Exchange Commission (SEC) could approve an Ethereum spot ETF as early as July 4 (local time). The process is in the final stages of discussions among asset managers, regulators, industry executives and other participants. "We are in the final stages of finalizing the ETF...

Crypto investors bet on a Trump victory...signal or noise?

Polymarket, a cryptocurrency betting marketplace, is giving Trump a 59% chance of winning the election. This is notable because it's a departure from recent polls, Fortune reported today. With the first debate between the presidential candidates taking place this Thursday (local time) in Atlanta,...

Cathie Wood pulls out of Ethereum spot ETF launch

According to industry sources on March 3, Cash Wood-led ArkInvest withdrew its plans to list an ETH spot ETF on March 31 (local time). The decision was made due to uncertainty over the profitability of the ETF as the race to launch an ETH spot ETF heated up. “While we remain excited about the...

Bitcoin steady after breaking $70K, most altcoins up - alt season anticipation.

Cryptocurrency markets pared gains after surging on optimistic market sentiment. The cryptocurrency market capitalization increased by 1.37% to $2.61 trillion at 5:05 p.m. ET on Nov. 28. Trading volume increased 41.13% to $79.8 billion. Bitcoin dominance decreased by 0.06 percentage points to...

Nestree launches Vote.Token, a fair rewards voting service based on blockchain technology

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