Russia is reportedly gearing up to launch a new crypto-based cross-border payments system in an effort to overcome economic sanctions. Bloomberg reports that the Russian government wants to use digital tokens for cross-border transactions to help ease payment difficulties for its companies that have been affected by international sanctions placed on the country. According to […]

Bouncing off a multi-month low earlier this month, Ethereum retraced for three weeks to retest crucial breakdown support as resistance last weekend. It saw a rejection and now looks set for a drop. Ethereum’s market structure is still looking much more bearish on the short-term trend following a lower low and lower high move from […]

TL;DR Justin Sun’s $1M Pledge: TRON founder Justin Sun has pledged $1 million to a DAO aimed at advocating for the release of Telegram founder Pavel Durov, emphasizing the need for unity within the crypto community. Pavel Durov’s Arrest: Telegram CEO Pavel Durov was detained by French authorities on August 23, 2024, facing charges related […]

TL;DR Tron has raised its energy cap to 120 billion to reduce traffic and transaction costs associated with meme coins, according to an announcement by Justin Sun. Proposal No. 92 aims to lower gas fees and increase daily transactions to over 20 million in the next three months. The price of the TRX token has […]

There is no altcoin season in sight

Bitcoin has repeatedly failed to breach the US$65K mark, indicating a potential resistance level. Santiment analysts observe capital moving from Bitcoin to altcoins, seeking higher yields. Significant drops in Bitcoin open interest suggest traders anticipate a market peak and are selling. Bitfinex notes increased risk appetite and potential interest rate cuts following Powell’s speech. Bitcoin […]

ASI token, merging FET, AGIX, and OCEAN, led AI token rallies with a 60% weekly gain, while NEAR, ICP, and TAO also saw substantial increases. Grayscale’s launch of AI-focused funds has spurred greater interest in AI-related tokens, with a recent trust established for Bittensor. A Grayscale report criticises AI’s centralisation, noting crypto’s potential to address […]

Bitcoin briefly exceeded $65,000 yesterday, but the subsequent rejection pushed it south hard by over two grand, and the asset is well below $63,000 now. This correction has impacted several altcoins even worse, with UNI, LINK, TON, and others losing more than 4% daily. BTC Under $63K The previous business week went mostly sideways for […]

XRP price is attempting a fresh increase from the $0.5785 support zone. The price could gain bullish pace if it clears the $0.60 resistance. XRP price is eyeing a fresh increase from the $0.5785 level. The price is now trading below $0.600 and the 100-hourly Simple Moving Average. There was a break above a connecting […]

One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling.  

Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to own 300,000 cryptocurrency mining machines, promising investors a daily return of 0.5%. In reality, the company had no such […]

Layer-1 blockchain The Open Network (TON) is issuing a statement in support of Telegram founder Pavel Durov after his recent arrest in France. TON says on the social media platform that its network will continue to run as usual following Durov’s detention over alleged offenses related to the Telegram messaging app. “As a community committed […]

Research from crypto exchange Bitfinex says that appetite for risk assets is heating up once again. In its latest research report, Bitfinex says that Bitcoin (BTC) is showing a stronger correlation with US equities, indicating a return of risk-on sentiment in crypto. Bitfinex also says that the significant amount of liquidations that occurred during the […]

A Nigerian judge will hear a money laundering case involving the cryptocurrency exchange Binance and two of its executives next week. The hearing was moved to an earlier date following a request by the defense. Originally scheduled for October 11, the court date is now set for September 2, according to the prosecutor. Binance Denies […]

Hong Kong High Court decision provides clarity and is consistent with the principle that new legal entities in the cryptocurrency field must be …

TL;DR Bitcoin bid liquidity has dropped to $62,500 while the price faces difficulties at the Wall Street open. BTC price has hit a low of $63,128, showing signs of short-term weakness and possible corrections. Analysts, including Material Indicators and QCP Capital, warn of downward pressure and a potential “Bart Simpson” maneuver in BTC price. Bitcoin […]

TL;DR Stacks is preparing for the Nakamoto upgrade, which is set to begin this week and promises to revolutionize transaction efficiency on the Bitcoin layer-2 network. The STX token has increased by 68% from its August lows, reaching $1.79 and a market capitalization of $2.64 billion. The upgrade will reduce transaction times from 10 minutes […]

XRP could be on verge of losing important threshold, descending into correction

UNI, the native token of Uniswap, one of the top decentralized exchanges (DEXes), is under immense selling pressure.  From the daily chart of the UNIUSDT, the token is down 62% from March highs, though prices have stabilized in the past few trading weeks. To put in the numbers, chart data shows that it is up […]

Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.”

A widely followed crypto trader thinks that improving macroeconomic conditions and easing sell-pressure bode well for Bitcoin (BTC). Pseudonymous analyst Altcoin Sherpa tells his 220,300 followers on the social media platform X that he’s flipping bullish on Bitcoin even though BTC’s market structure on the daily chart remains bearish. “I am not personally too scared. […]

Bitcoin soared to US$64,040, a 5.8% increase, with Ethereum and Solana also making notable gains. Federal Reserve Chair Jerome Powell indicated forthcoming rate cuts, positively impacting market sentiment. Swissblock analysts suggest a potential shift towards an Altcoin Season, seeing reduced risk and bearish momentum. Benjamin Cowen noted Bitcoin’s position above the bull market support band, […]

Ethereum’s price has been consolidating after a significant crash a few weeks ago, making market participants hopeful that the price is creating a bottom. Technical Analysis By: Edris Derakhshi The Daily Chart On the daily chart, the price has gradually made higher highs and lows since rebounding from the $2,100 support level. Yet, the market […]

On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $1 Billion Market Cap Recent data shows that the market cap […]

The Securities and Exchange Commission (SEC) has charged Abra, a crypto asset platform operated by Plutus Lending LLC, for allegedly failing to register its retail crypto asset lending product, Abra Earn. The SEC’s recent charges also include allegations that Abra operated as an unregistered investment company, raising concerns about investor protection and regulatory compliance. Claims […]

Following the rise in cryptocurrency transactions, DG FIA emphasizing the need for a clear policy to regulate digital trading in Pakistan.

The world of meme coins is always full of excitement and opportunities, and Pepecoin (PEPE) has been at the center of it all recently. Over the past week, Pepecoin (PEPE) has seen a significant rise, with the token gaining more than 10% in value. As the meme coin market continues to thrive, many investors are […]

The Stacks Network’s Nakamoto Upgrade is ushering in a new era of scalability for DeFi on the Bitcoin ecosystem.

Can price of Toncoin (TON) rise next week?

Digital assets manager CoinShares says that institutional crypto investors poured millions of capital into digital asset investment products last week. In its latest Digital Asset Fund Flows report, CoinShares says that the surge was likely caused by the remarks of Fed Chair Jerome Powell last week when he implied that lower interest rates could be on […]

A widely followed crypto analyst says that Ethereum (ETH) rival Solana (SOL) could be gearing up for a large rally after printing a bullish technical pattern. Analyst Ali Martinez tells his 69,000 followers on the social media platform X that SOL is potentially printing an Adam and Eve pattern. An Adam and Eve pattern is […]

TL;DR FET on the rise: The Artificial Superintelligence Alliance token (FET) has seen a 61.3% increase in the last week. Notable Transactions: A significant FET transaction was completed for $2.39 million, reflecting a significant premium. Growth expectations: The AI ​​narrative remains strong, with projections for continued growth through 2024. The Artificial Superintelligence Alliance (FET) token […]