In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Market Since Aug. 23 Growth in the stablecoin economy has slowed, though it continues to expand, as highlighted by recent […]
Security and billionaire crypto investors: tips for adopting their strategy. Being a billionaire cryptocurrency investor means having a strategy that …
TL;DR Arthur Hayes predicts Bitcoin could drop below $50,000 in the coming days due to heightened market fear, as the Crypto Fear and Greed Index plunges into “extreme fear” territory. Economic factors, including disappointing U.S. job data and potential Federal Reserve interest rate cuts, are contributing to Bitcoin’s bearish outlook. Despite his short-term bearish stance, Hayes […]
The meme coin craze is far from over, with coins like Pepe, Raboo, and Popcat battling it out for a spot in the top 20 of the crypto market, but which one will make it? While Pepe has had its highs and lows, and Popcat saw a quick flash of fame, Raboo is making some […]
Shiba Inu breaches important price threshold, but not in good way
US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC’s decision.
A widely followed crypto analyst is suggesting that Ethereum (ETH) is reaching a decision point. Crypto trader Michaël van de Poppe tells his 724,400 followers on the social media platform X that ETH’s next move depends on how it trades against Bitcoin (ETH/BTC). “ETH remains to be in an indecisive state of mind. Bullish divergence […]
A crypto analyst has revealed that the price of Bitcoin might be gearing for a fresh rally after the appearance of a bullish on-chain signal. Bitcoin UTXOs In Profit At Lowest Level Since 2023 — Here’s Why In a QuickTake post on the CryptoQuant platform, an analyst with the pseudonym EgyHash shared an interesting on-chain […]
María Corina Machado, a leading figure in Venezuela’s opposition, has proposed a plan to adopt Bitcoin (BTC) as a national reserve asset. In an interview with Alex Gladstein from the Human Rights Foundation on Thursday, she called the cryptocurrency a “lifeline” and a “vital means of resistance” against the country’s economic collapse. Bitcoin as a […]
After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a notable 36.93% drop from the previous week. September NFT Sales Struggle With […]
At this point, the cryptocurrency was down approximately 7.8% after rising to nearly $57,000 earlier in the day, additional Coinbase figures pulled …
Bitcoin’s corporate adoption is expected to pick up steam, according to River’s optimistic prediction
OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models.
Police are warning Wells Fargo customers about a serial card skimming scam targeting people who use the bank’s ATMs. Authorities in the Southern California city of Pasadena say that for the second time in a week, a card skimmer was discovered on a Wells Fargo ATM machine on 1000 block of Fair Oaks Avenue, Pasadena […]
Retail trading giant Robinhood is settling with the state of California for millions of dollars after an investigation uncovered users were stymied from withdrawing their funds. In a new press release, California’s Department of Justice says that Attorney General Robert Bonta settled with the crypto branch of Robinhood for $3.9 million for failing to let […]
TL;DR Ripple’s Stablecoin Launch: Ripple plans to launch its stablecoin, Ripple-USD (RUSD), in Japan, pending U.S. regulatory approval. Japan’s Regulatory Clarity: Japan’s clear cryptocurrency regulations make it an ideal market for Ripple’s stablecoin initiative. Global Expansion: Ripple aims for broader global expansion, leveraging partnerships and regulatory approvals to offer secure cross-border transactions. Ripple, a prominent […]
Vitalik Buterin (@VitalikButerin) recently transferred 2.1 million $STRK, valued at $858.7K, to a new wallet just an hour ago. As a seed investor in Starknet, Vitalik has received the $STRK tokens over two unlocks. vitalik.eth(@VitalikButerin) transferred 2.1M $STRK($858.7K) to a new wallet 1 hour ago. Vitalik is a seed investor in #Starknet and has received […]
Crypto analyst CryptoCon stated in his recent market analysis that the Bitcoin current price action is reminiscent of December 2016. He further explained what he meant and provided insights into what to expect from the flagship crypto going forward. “It Is September 2016 All Over Again For Bitcoin” CryptoCon mentioned in an X (formerly Twitter) […]
Ethereum co-founder Vitalik Buterin has pledged to donate all Layer 2 (L2) tokens he holds to support public goods within the Ethereum ecosystem or broader charitable causes. This announcement comes a few days after accusations that he had sold millions in Ether (ETH) for personal gain. Vitalik Buterin Denies Profit Motive Buterin was quick to […]
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including financial audits and ISO certifications. Once licensed, Binance will manage virtual assets, offer custody services, and conduct […]
Ready to unlock the secrets of the next crypto boom? The cryptocurrency market is on the verge of a transformative shift, and insider predictions …
The Dogecoin Foundation is releasing a map on how the Dogecoin (DOGE) blockchain and community are growing. In a new thread on the social media platform X, the team behind the popular dog-themed meme asset reveals a “trail map” that displays the milestones they have achieved and are planning to achieve. The first step, which […]
New data from market intelligence firm DappRadar reveals that the total value locked (TVL) in decentralized finance (DeFi) plunged during the month of August. In its industry report for August 2024, the crypto analytics platform unveils that while last month saw a record number of crypto wallets interacting with decentralized applications (DApps), both the TVL […]
Market is declining, and assets of all kinds are losing their value
Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut, but will it fall below $50,000 this weekend?
TL;DR In August, most crypto assets experienced significant declines due to market volatility and macroeconomic factors, such as the collapse of the yen carry trade. Ethereum performed particularly poorly, with its value falling 24%, while Bitcoin and Solana also suffered considerable losses. DeFi platforms and stablecoin projects like Maker and Agora faced major changes, with […]
TL;DR The major THORChain hard fork took place on September 4, but the price of RUNE has dropped 70% in the past six months. RUNE has dropped 12% in the last 24 hours and continues to decline. THORChain continues to move forward with its upgrade, which improves system efficiency and adds support for Bitcoin Taproot […]
The CEO of Ripple Labs (responsible for XRP), Brad Garlinghouse, has announced that the team’s upcoming stablecoin, RLUSD, is just around the corner. Speaking at a Korean blockchain conference, Garlinghouse suggested that RLUSD could go live in a matter of weeks. The news comes as Ripple announced they are integrating Ethereum-capable smart contracts onto the […]
DeFi continues to evolve with Aave’s recent expansion onto the Aptos blockchain, signaling a move beyond Ethereum Virtual Machine (EVM) compatibility. Aptos brings the promise of faster, cross-chain solutions tailored for high-performance transactions, setting the stage for Aave’s growth as stablecoin adoption gains momentum. “DeFi will eat finance” DeFi's evolution continues as @Aave breaks new […]
A key long-term price indicator for Bitcoin, the 200-day simple moving average (SMA) appears to be losing its bullish momentum as the US economy added fewer jobs in August 2024. Bitcoin Must Overcome The 200-Day SMA To Reverse Trend The 200-day SMA is considered one of the more reliable long-term indicators to gauge an asset’s […]
A US regulator says a former JPMorgan Chase employee has admitted to stealing thousands of dollars from customers’ accounts and from the bank’s ATMs. The Office of the Comptroller of the Currency (OCC) says Roberto Garcia, a former Chase personal banker, stole approximately $12,948 from the bank while serving as an ATM custodian in Miami, […]
Long-time trader Peter Brandt is issuing a warning on Bitcoin (BTC) amid the formation of a bearish chart pattern on the flagship crypto asset’s weekly time frame. Brandt tells his 737,000 followers on the social media platform X that Bitcoin is forming an inverted expanding triangle pattern on the weekly chart. In technical analysis, an […]