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Economic Times
20 hours ago
- Business
- Economic Times
Cryptocurrency Live News & Updates : Ethereum PoS Network Sees Major Queue Adjustments
Recent developments in the cryptocurrency landscape highlight various shifts and concerns. The Ethereum PoS network is currently facing notable changes in its validator queues, with a substantial exit queue of 888,416 ETH, valued at approximately $3.97 billion, and a withdrawal delay of 15 days. In contrast, the demand for new validators has waned, as indicated by a drop in the activation queue to 286,175 ETH. Meanwhile, financial expert Robert Kiyosaki has raised alarms about a potential stock market crash, suggesting that this could benefit assets like Bitcoin and gold, while posing risks for traditional pension holders. Additionally, Jamie Coutts from Real Vision forecasts that sovereign wealth funds will become significant players in Bitcoin and blockchain staking, potentially using these assets to support national prosperity and even fund social projects in the future. Lastly, Cardano's EMURGO has decided to stop delegating Genesis ADA to community representatives, aiming to enhance governance inclusivity. These developments reflect the dynamic and evolving nature of the cryptocurrency market. The Ethereum Proof-of-Stake network is experiencing significant changes in its validator queues, with the exit queue at 888,416 ETH and a withdrawal delay of over 15 days. Meanwhile, the activation queue for new validators has decreased to 286,175 ETH. Ethereum PoS Network Sees Major Queue Adjustments The Ethereum Proof-of-Stake network is experiencing significant changes in its validator queues, with the exit queue at 888,416 ETH and a withdrawal delay of over 15 days. Meanwhile, the activation queue for new validators has decreased to 286,175 ETH. Kiyosaki Warns of Imminent Stock Market Collapse Robert Kiyosaki has raised alarms about a looming stock market crash, suggesting it could benefit gold, silver, and Bitcoin holders while posing risks for baby boomers relying on 401k pensions. Sovereign Wealth Funds Set to Lead Bitcoin Staking Jamie Coutts from Real Vision forecasts that sovereign wealth funds will become major players in Bitcoin and blockchain staking, leveraging it for energy optimization and potential universal basic income. EMURGO Halts Genesis ADA Delegation to DReps EMURGO has decided to stop delegating Genesis ADA to seven community DRep representatives to promote fairness in Cardano's governance, effective after Epoch 576. Bitcoin Mining Profitability Increased 2% in July In July, Bitcoin mining profitability rose as the cryptocurrency's price outpaced the network hashrate, with U.S.-listed miners contributing 26% of the total network. Bitcoin (BTC) Hits 118,000 USDT Mark As of August 17, 2025, Bitcoin has surpassed the 118,000 USDT threshold, currently trading at 118,103.85 USDT, reflecting a modest 0.20% increase over the past 24 hours. Bitcoin (BTC) Hits 118,000 USDT with 0.20% Rise As of August 17, 2025, Bitcoin has surpassed the 118,000 USDT mark, currently trading at 118,103.85 USDT, reflecting a modest 0.20% increase over the past 24 hours. Faraday Future Launches EAI and Crypto Initiative Faraday Future has introduced its 'EAI+Crypto' strategy, integrating EAI EV assets with blockchain technology and launching the C10 Index, a unique crypto asset basket. Whale Acquires Massive LINK Holdings Amid Market Shifts A prominent whale has purchased 938,489 LINK tokens for 4,806 ETH, totaling around $21.25 million, as reported by Lookonchain. This transaction occurred shortly before the report and follows the whale's history of strategic trading. El Salvador Boosts Bitcoin Reserves by Eight Coins El Salvador has added eight Bitcoin coins to its reserves, bringing the total to 6,270.18 coins, valued at approximately $737.7 million. Eric Trump Discusses Major Crypto Acquisition Eric Trump commented on a recent transaction involving a WLFI-associated address that purchased $18.6 million worth of 1,911 ETH and 84.5 WBTC, advising followers to 'buy the dips.' Thailand Introduces TouristDigiPay for Crypto Exchange Thailand will launch the TouristDigiPay initiative next Monday, enabling foreign tourists to convert cryptocurrency into Thai baht to enhance tourism. OpenAI Raises Concerns Over GPT-5 Reliability An OpenAI executive highlighted ongoing reliability issues with the GPT-5 model, urging users to verify its responses against human expertise. BNB Hits 850 USDT with 1.68% Daily Rise As of August 17, 2025, BNB has surpassed the 850 USDT mark, currently trading at 850.25 USDT, reflecting a 1.68% increase over the past 24 hours. Bitcoin Standard Treasury to List on Nasdaq via Merger Bitcoin Standard Treasury (BSTR) is set to go public on Nasdaq through a merger with Cantor Equity Partners, aiming to increase its bitcoin holdings to over 50,000 and raise $1.5 billion in fiat financing. NFT Market Experiences Surge in Buyer Engagement The NFT market saw a 30% rise in trading volume, reaching $173.2 million, with buyers increasing by 190.41% to 214,716, despite a 10.65% drop in transactions. UAE's Crypto Industry Set for Significant Expansion The UAE is projected to become the second-largest cryptocurrency market in five years, driven by a supportive regulatory environment and strategic investments. ETF Store President Recommends Direct Crypto Investments Nate Geraci, President of The ETF Store, urges investors to prioritize direct investments in Bitcoin and Ethereum or explore spot ETFs, avoiding complex financial products. BNB Hits 840 USDT with 1.06% Daily Rise As of August 17, 2025, BNB has surpassed the 840 USDT mark, currently trading at 840.36 USDT, reflecting a modest 1.06% increase over the past 24 hours. Basel Committee's Rules Challenge Crypto Sector Growth The Basel Committee's new capital requirements are seen as a significant obstacle for the cryptocurrency industry, as they increase reserve demands for banks holding crypto assets, thereby limiting their engagement in crypto activities. NFT Market Sees Surge in Buyers The NFT market is experiencing a resurgence, with buyer numbers nearly tripling and sales volume increasing by 30.09% to $173.2 million, according to CryptoSlam data. Bullish Leads with $1.1B in Crypto VC Funding This week saw a resurgence in crypto funding, with nearly $1.5 billion raised across 18 projects, highlighted by a significant IPO. Ethereum (ETH) Falls Below 4,400 USDT As of August 16, 2025, Ethereum's price has dipped to 4,399.21 USDT, reflecting a 0.83% decline over the past 24 hours. Ethereum Set for Growth Amid ETF Accumulation Despite a recent 10% price drop, Ethereum's strong fundamentals and ongoing ETF inflows suggest a potential rally ahead, with institutional investors adding significant funds. Challenges Facing Tokenized Private Stocks Tokenization aims to democratize access to private stocks, yet it often results in opaque and illiquid trading systems, undermining its original purpose.
Yahoo
15-04-2025
- Business
- Yahoo
Why This Analyst Says 'It Might Be Time To Start A DCA Strategy On Altcoins'
A CryptoQuant analyst has suggested it might be time for investors to load up on altcoins. The analyst's view is based on a key chart. Other analysts have also expressed similar views, but the tide may not lift all boats. Over the past few months, the volatility of altcoins, which makes them appealing to investors with high-risk tolerance, has again proven to be a double-edged sword. Amid broader market uncertainty, most altcoins have tanked over 50% from their Q4 2024 highs. But now, one analyst suggests that a reversal may be on the horizon. 'It might be time to start a DCA strategy on altcoins,' CryptoQuant analyst 'Darkfost' asserted in a report on Thursday. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Hasbro, MGM, and Skechers trust this AI marketing firm — . DCA, short for dollar-cost averaging, is a popular investment strategy where a fixed amount of money is invested at regular intervals regardless of price action. By suggesting that investors start a DCA altcoin strategy, Darkfost is encouraging investors to load up on altcoins in anticipation of a potential analyst's view is based on an intersection of moving averages on the Aggregated Altcoin Trading Volume for Stablecoin Quote Pairs chart, tracking volumes across multiple altcoin pairs. Darkfost argues that altcoins have recently entered 'a buying zone,' as the 30-day moving average on this chart has fallen below the annual average. Trending: Here's what Americans think you need to be considered wealthy. The analyst highlighted that this last occurred in September 2023, before the beginning of the bullish market run that continued in 2024. 'These phases can last several weeks or even months, but historically, they've consistently offered attractive opportunities to set up a DCA strategy,' the CryptoQuant analyst stressed. Darkfost is not the only analyst recently suggesting that an altcoin rally may be on the horizon. In an April 3 livestream, Real Vision Chief Crypto Analyst Jamie Coutts argued that altcoins still had gas for one more impulsive move in the current market cycle, eying June for the start of such a rally. But Coutts cautioned that the tide would not lift all boats, instead urging investors to look out for assets seeing a bump in network activity. This view suggests that the coming rally may not be the all-out 'altcoin season' that market participants have been pining for since the recent bull run kicked off. It aligns with recent arguments from CryptoQuant CEO Ki Young Ju that the dynamics of crypto altcoin season have season is a bull market phase during which altcoins record substantial price increases, significantly outperforming Bitcoin. It has historically been the result of capital rotation from Bitcoin as investors seek higher beta plays. As such, the historical sign for altcoin season has been a decline in Bitcoin dominance. But with the emergence of proxies like MicroStrategy (NASDAQ:MSTR) and spot exchange-traded funds, Young Ju contended that the cord between Bitcoin and altcoins has been broken. Further, he argued that the metric to watch was no longer Bitcoin dominance but trading volumes, theorizing that coins that will make it will be the ones with paper wrappers like ETFs or ecosystems based on stablecoins or Bitcoin. Nonetheless, any potential altcoin rally will likely depend on an improvement in the current macroeconomic conditions, as uncertainty sparked by President Donald Trump's tariff policy discourages investments in risk assets. Read Next:Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? STRATEGY (MSTR): Free Stock Analysis Report This article Why This Analyst Says 'It Might Be Time To Start A DCA Strategy On Altcoins' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
