TL;DR Arthur Hayes predicts crypto market crash after Fed rate cut. Appreciation of the Japanese yen could cause the fall. Ethereum could benefit from the initial crisis thanks to its staking performance. Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom, has issued a warning about the impending impact that the US Federal […]
According to Colin Butler, financial institutions that don’t embrace blockchain technology will lose their relevancy and competitive edge.
The Fed announced a 50 bps interest rate cut, causing Bitcoin to surge over US$61,000, benefiting from lower interest rates that shift investors to a risk-on strategy. As a result, Bitcoin experienced a 1.6% increase in the last 24 hours and 6.7% over the past seven days, according to CoinGecko. Altcoins are also rallying, some […]
US announces first interest rate drop since 2020, shifting from 5.5% to 5.0%. We break down key insights. Bitcoin broke above $60,000 USD this morning. Altcoins analysis: OM and AAVE. We’re finally here! Interest rates have dropped in the US, and the market has responded with a rally this morning. This follows a long and […]
In a market marked by uncertainty and volatility, Cardano (ADA) and PEPE are feeling the pinch. As these once-high-flying cryptocurrencies struggle to regain their former glory, investors are scrambling for the next big thing. IntelMarkets (INTL), is a revolutionary AI-powered trading platform that’s capturing the attention of the crypto community. With its promise of 100x […]
Palo Alto-based crypto custody firm BitGo has launched a new stablecoin, USDS, that is set to go live in January 2025. The company says the stablecoin will be fully backed by U.S. dollars through a mix of short-term Treasury bills, overnight repos, and cash in a bid to ensure liquidity and minimize risk. New Approach […]
River, a leading U.S. Bitcoin exchange, has launched River Proof of Reserves to provide clients with verifiable proof that their Bitcoin holdings are fully reserved. This sets a new transparency standard for the industry after recent failures of exchanges like FTX shook consumer trust. River CEO Alex Leishman stated, “River Proof of Reserves is about […]
On-chain data shows the Dogecoin miners have been accumulating recently. Here’s what this could mean for the memecoin, based on past pattern. Dogecoin Miner Supply Has Been Going Up For A While Now In a new insight post, the on-chain analytics firm Santiment has talked about the role of the miners in the different cryptocurrency […]
This level of buying marks most in more than month
The financial intelligence and enforcement agency of the U.S. Treasury Department is announcing sanctions against a Southeast Asian lawmaker and businessman. The Treasury Department’s Office of Foreign Assets Control (OFAC) says it has sanctioned Cambodian senator and tycoon Ly Yong Phat as well as his businesses L.Y.P. Group and O-Smach Resort over alleged involvement in […]
The Federal Reserve just cut interest rates for the first time since March of 2020, fueling volatility in global markets. The move marks the central bank’s shift from fighting inflation to responding to signs of economic slowdown, weakness in the jobs market and other risks to growth. The move triggered major swings for the Dow […]
Data demand for The Graph Network surged 84% in Q2, driven by increased subgraphs and a free query plan. The Graph Network Mainnet and Arbitrum accounted for most queries. Edge & Node’s CEO Tegan Kline praised the successful upgrade of The Graph’s hosted service to the decentralized network. She noted that the increase in queries […]
The Securities and Exchange Commission (SEC) has taken action against another decentralised finance lending platform, as the regulator charged Rari Capital and its co-founders, alleging that they operated an unregistered broker, offered unregistered securities, and misled investors. Announced yesterday (Wednesday), the complaint also named the platform’s three co-founders: Jai Bhavnani, Jack Lipstone, and David Lucid. […]
TapSwap Daily Code has become highly popular with millions of players engaged in its tap-to-earn gameplay on Telegram. Users earn cryptocurrency …
Louisiana is now taking crypto payments for state services, and its Wildlife and Fisheries Department has just taken the government’s first crypto payment.
Singapore, Singapore, September 18th, 2024, Chainwire Key Takeaways: PancakeSwap is launching its first Initial Farm Offering (IFO) on Arbitrum, marking a significant milestone in its multichain expansion strategy. The IFO will feature Eigenpie, a leading Liquid Restaking Protocol on EigenLayer. The IFO will be conducted from 10:15 AM UTC on September 24th, 2024, to 10:15 […]
The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin financial services company Fold and Pickle Pop to organize a Bitcoin-themed Pickleball tournament, offering a $5,000 prize pool for entrants and winners. The tournament is slated to be held on October 18 in Santa Monica, California during the Peer to Pier Bitcoin Festival. […]
The long-awaited day has arrived: the US Federal Reserve (Fed) has announced its decision to cut interest rates, with significant implications for both Bitcoin (BTC) and the broader cryptocurrency market. Following the announcement, the markets reacted with notable volatility. Bullish Outlook For Bitcoin Just moments ago, the Fed disclosed its decision to reduce the federal […]
The chief investment officer of crypto asset management firm Bitwise says that Ethereum (ETH) appears to be in a period of stagnation after being outpaced by both Bitcoin (BTC) and Solana (SOL). In a new blog post, Bitwise executive Matt Hougan says that Ethereum is experiencing doldrums due to competitors with superior technology, the risks […]
Popular crypto analyst Benjamin Cowen thinks Ethereum (ETH) is close to bottoming out against Bitcoin (BTC). Cowen tells his 856,500 followers on the social media platform X that he thinks the ETH/BTC ratio will bottom out between 0.03-0.04 BTC and then trend up next year. “It could bottom as early as this week or as […]
The Royal Government of Bhutan holds 13,011 BTC, making it one of the largest Bitcoin-holding nation-states. Arkham Intelligence revealed the nation’s Bitcoin holdings, worth around US$780 million, by identifying the country’s Bitcoin addresses. Unlike many governments, Bhutan’s BTC comes from its Bitcoin mining operations rather than law enforcement asset seizures. You probably haven’t heard of […]
Uniswap’s governance token, UNI, has officially completed its four-year unlock cycle, with the total supply of 1 billion tokens now available. However, despite this full unlocking, only 25.83% of the tokens, or around 258.3 million UNI, are currently in actual circulation. Notably, major holders like a16z and other top six addresses have refrained from selling […]
Two of Bitcoin’s pre-eminent thought leaders are at odds with each other as to whether banks can – or should – provide sustainable yield on their customers’ BTC deposits. Michael Saylor – executive chairman of MicroStrategy, the world’s largest corporate Bitcoin owner – said in a recent podcast appearance that Bitcoin could become a form […]
Key metric of Bitcoin has hit critical level
Cryptocurrency and iGaming are creating some exciting opportunities for affiliates, so whether you are already there or just contemplating getting into these skyrocketing sectors, there’s no denying that crypto is shaking things up in iGaming, and AffPapa is right in the middle of it all. In this article, we’ll break down why cryptocurrencies and iGaming […]
Customers currently use DBS to develop their digital asset portfolios by using the DBS Digital Exchange to trade security tokens and cryptocurrencies …
Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan.
Stablecoin issuer Circle is announcing the support of national bank transfers involving USDC in Mexico and Brazil. In a new blog post, the payments platform says that it will now be offering local bank transfers via PIX and SPEI – the respective national real-time payment systems of Mexico and Brazil – eliminating the need for […]
A crypto strategist known for making timely altcoin calls believes layer-1 protocol Sui (SUI) is gearing up to spark breakout rallies. Pseudonymous analyst Bluntz tells his 274,600 followers on the social media platform X that SUI appears to have ignited a new bullish trend after printing a higher low setup amid the conclusion of an […]
The Federal Reserve made a significant decision today by cutting interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%. The move, the first substantial cut in over four years, reflects concerns over the state of the U.S. economy, despite continued reported economic expansion. BREAKING: 🇺🇸 Federal Reserve cuts interest […]
Bitcoin (BTC) could be gearing up for a new All-Time High (ATH) this year if it breaks through key resistance levels at $60,000. Despite experiencing substantial volatility and price instability over the past few months, analysts express bullish optimism for the cryptocurrency in the coming months. New Bitcoin All-Time High Incoming The Bitcoin price chart […]
TL;DR Seamless USDC Conversions: CEX.io users can now convert USD Coin (USDC) to physical cash and vice versa at MoneyGram locations worldwide, enhancing accessibility and convenience. Stellar’s Efficient Blockchain: Stellar’s technology ensures quick and cost-effective transactions, making fiat-to-USDC and USDC-to-fiat conversions more versatile and manageable. Global Expansion Plans: The partnership aims to expand services to […]