The combination of technological advancements, cultural factors, and increasing financial diversification suggests that decentralized prediction markets could thrive on the continent.

Yesterday, BNB’s price reached an oversold condition after dropping consistently for a week. However, it has recovered significantly from the latest dip but the trend remains bearish on the daily chart. As the bull run continued to suspend due to the recent major sell-offs across the crypto space, BNB rolled over a week ago and […]

District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is a victory for Ripple, the industry, and the rule […]

[PRESS RELEASE – Arizona, United States, August 7th, 2024] Size Credit is the first fixed-rate primitive to solve fractured liquidity with its unique yield curve order book model and enable users to structure loan terms around any tenor. According to the team, fixed-rate lending is the world’s largest financial market but until now has struggled […]

Bitcoin is entering recovery, with price of first cryptocurrency exceeding critical $55,000 threshold

The Financial Conduct Authority (FCA) has recently conducted an assessment of cryptocurrency firms to ensure their compliance with new financial promotion rules aimed at improving consumer understanding of crypto investment risks. These rules, which came into effect in October 2023, were introduced following consultation and legislative changes. FCA Scrutinizes Crypto Firms The review by the […]

Seasoned trader Peter Brandt is suggesting that Bitcoin (BTC) may be gearing up for a massive breakout after Monday’s sharp decline. Brandt tells his 732,800 followers on the social media platform X that Bitcoin may be repeating a similar pattern from two cycles ago after falling into the $49,000 range. “Please note that BTC decline […]

TL;DR Ethena Labs has integrated its synthetic stablecoin USDe into the Solana blockchain, aiming to overcome challenges associated with stablecoins and provide a robust and decentralized alternative. USDe is a crypto-native synthetic asset that stands out from traditional stablecoins due to its scalability and censorship resistance. The integration with Solana is due to the blockchain’s […]

TL;DR Arbitrum has integrated USDC as a custom gas token for Orbit chains, simplifying transaction fee payments and improving cost stability. The incorporation of USDC offers predictability in transaction costs and eliminates the need for multiple tokens to cover gas fees. Developers will be able to apply for grants through Circle’s USDC Grant Program and […]

Economic Climate Favors Cryptocurrency. The macroeconomic environment is also conducive to the growth of digital currencies. With a potential cut …

In the fast-paced world of cryptocurrency, Pepecoin (PEPE) and Mpeppe (MPEPE) have emerged as standout contenders, each making significant strides with impressive gains. As the crypto market evolves, these two meme coins are capturing attention with their unique attributes and substantial growth. Let’s explore why Pepecoin (PEPE) and Mpeppe (MPEPE) are currently dominating the market […]

Grayscale has added the Bittensor protocol and the Sui network to its list of crypto investment products.

Founder of BitMEX, Arthur Hayes, predicts Bitcoin could top US$1 million this cycle—driven largely by continued money printing in the US. Hayes also says the result of the US presidential election will be fairly meaningless for crypto, as regardless of the result, both candidates will continue to print money, driving up the price of crypto. […]

In the recent crash, Solana lost almost 40% of its valuation but suddenly regained strength after testing a five-month low yesterday. The price appeared strong today as it trades back in a green zone. Sol saw a noticeable growth last month following a major bounce off a critical support level. The bounce brought the bulls […]

The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal SEC communications, inter-agency communications, and all documents related to digital assets, which the SEC deems […]

Bitcoin’s price could be on verge of explosion if some buying power reappears on market

Cardano managed to find support at 31 cents after a brutal crash. Key Support levels: $0.31 Key Resistance levels: $0.37 1. Bounce in Progress After Crash On Monday, ADA briefly visited 27 cents before buyers returned to lift the price above the support at 31 cents. Since then, buyers managed to keep a grip on […]

The UK’s Financial Conduct Authority (FCA) has intensified its crackdown on crypto firms, issuing over 1,000 warnings and removing 48 apps from UK app stores since new financial promotion rules took effect last October, Coindesk reported. This enforcement highlights the regulator’s commitment to safeguarding consumers in the rapidly evolving crypto market. Aggressive Stance on Crypto […]

Mt. Gox creditors defy expectations by holding onto their Bitcoin despite a decade-long wait to get their hands on it.

An analyst who accurately called the most recent crypto correction is issuing a dire warning to Ethereum (ETH) holders. Crypto strategist Benjamin Cowen tells his 845,000 followers on the social media platform X that Ethereum looks poised to repeat its massive corrections witnessed during the 2016 and 2019 market cycles. According to Cowen, a similar […]

Shiba Inu (SHIB) has had a remarkable journey in the cryptocurrency market, capturing the imagination of investors with its meteoric rise.

Tron (TRX) faced huge losses after the market swung downward in a strong overreaction amidst macroeconomic fears. According to CoinGecko, the token is down nearly 6% since last week but has since turned a full 180 gaining almost a percent today, August 7th. Since then, the ecosystem continues to surprise the community with its strength […]

TL;DR Bitcoin’s recent drop since the April 2024 halving is comparable to the post-halving correction in 2016, just before the 2017 bull run. Following the 2016 halving, Bitcoin’s price fell 27% from $650 to $474, before peaking at $20,000 in December 2017. On August 5, Bitcoin fell to $49,221, a 20% loss from its peak […]

TL;DR On-Chain Activity Surge: Despite the crypto market downturn, Cardano (ADA) experienced increased on-chain activity in July. The blockchain network demonstrated resilience and sustained growth, reflecting growing user engagement. Key Metrics: Cardano’s performance metrics include a modest 1.62% rise in transactions (reaching 94.6 million), diverse usage (37% smart contracts, 38% simple transactions), and Plutus script […]

Ethereum co-founder Vitalik Buterin recently shared an update on social media, summarizing the latest research on Ethereum block-building as of August 7, 2024. Buterin highlighted a consensus among researchers that having multiple actors contribute transactions to be included in a block is beneficial. However, there remains an open debate on whether it is possible to […]

Despite the global markets plunging, crypto ETFs continue to perform admirably – especially Down Under. The success of spot Bitcoin ETFs in particular has investors salivating at the prospect of more coins being converted to traditional financial products. However, experts among the community believe that approval for tokens like SOL and ADA is far-fetched, due […]

Brandt noted in an X post on August 5 that the recent Bitcoin price decline post-halving follows a similar pattern ahead of the 2016 bull run. The analyst compared the depth of market corrections since the halving dates, highlighting how in 2016, BTC dropped 26% within a month before surging to new ATHs. A similar […]

Pendle’s financial returns have been on a downward trajectory, reflecting broader challenges in the market. In the past six months, a notable whale, identified by the wallet address 0xfC0…1dcD6, locked up a substantial amount of PENDLE tokens only to face significant losses upon selling. This whale amassed a position of 368,000 PENDLE tokens, worth approximately […]

Renowned scholar Nassim Taleb breaks down trigger that made Bitcoin collapse

Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value.

A closely followed crypto analyst says that one key indicator is flashing a similar bottom signal for Bitcoin (BTC) as it did in November 2022. In a new strategy session, crypto trader Ali Martinez tells his 68,900 followers on the social media platform X that Bitcoin’s Market Value to Realized Value (MVRV) is the lowest […]

CryptoQuant CEO Ki Young Ju predicts that if bitcoin’s price remains above $45,000, it could surpass its all-time high within a year. His optimism persists in the crypto market even as some bearish indicators loom in the broader financial markets following bitcoin’s rebound from the Monday lows. Ki Young Ju Predicts Bitcoin Recovery Ki Young […]