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.
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 […]
TL;DR Avalanche and ZKsync Discords Compromised: Following a similar breach on Polygon’s Discord, the official servers of Avalanche and ZKsync were compromised, raising significant security concerns within the crypto community. Fraudulent Token Schemes: Attackers posted deceptive links on both servers, falsely promising free AVAX and ZK tokens to users, aiming to trick them into clicking […]
Uniswap's (CRYPTO: UNI) price has decreased 4.08% over the past 24 hours to $6.48. This is contrary to the coins performance over the past week …
The three spot Bitcoin exchange-traded funds (ETFs) in Hong Kong have surpassed HK$2 billion (around $272 million) in assets under management since launching earlier this year. NEW: 🇭🇰 Hong Kong #Bitcoin ETFs surpass HK $2 billion in assets under management. China is getting prepared 🙌 pic.twitter.com/GQZC1Z5UFC — Bitcoin Magazine (@BitcoinMagazine) August 26, 2024 The milestone […]
Opportunities for significant gains in the crypto world often come from looking beyond what’s already well-known and exploring new horizons. While Pepe Unchained (PEPU) has recently made headlines with its impressive presale performance, many of its investors are now setting their sights on Mpeppe (MPEPE) as the next potential goldmine. Here’s why Mpeppe (MPEPE) is […]
Sony, known for iconic products like the Walkman and PlayStation, is now venturing into blockchain technology with its own platform, “Soneium”. In July, Sony revealed plans for a crypto exchange to diversify beyond electronics and gaming. “Soneium” is described as the infrastructure backbone for Web3 and will function as an Ethereum layer-2 solution. Sony aims […]
Stablecoins have reached an all-time high market cap of $169.57 billion following nearly a year of uninterrupted growth. Leading assets such as Tether’s USDT and Circle’s USDC have seen a significant resurgence this year, in addition to a newcomer. Stablecoin Market Cap Surge Data compiled by DefiLlama revealed that this is the highest market cap […]
PRESS RELEASE. Playbet.io is set to make waves in the crypto gambling community with the launch of their “Win 1 BTC” Raffle, running from August 26th to November 26th, 2024. Offering players a once-in-a-lifetime opportunity to win significant cryptocurrency prizes. Event Overview: Promotional Period: From August 26th through November 26th, 2024, join Playbet.io for a […]
High schools in the city of Buenos Aires will offer blockchain internships to provide hands-on experience to students.
Blockchain analytics firm Arkham is launching a bounty program to identify the owners of crypto wallets linked to a digital asset scam. In a new post on the social media platform X, de-anonymizing firm Arkham says it’s offering four bounties in collaboration with the Restore the Republic (RTR) memecoin. One bounty is for identifying the […]
DTX Exchange has been all the buzz in the crypto sphere with its innovative trading methodology. The AI-powered trading platform has introduced unique features that have attracted investors ever since its launch. Established altcoins like Polkadot (DOT) and Chainlink (LINK) seem to be overshadowed by the emerging platform, as the whales of these altcoins jump […]
MicroStrategy’s Saylor has touted the company’s Nvidia-beating Bitcoin strategy
Latin American eCommerce giant Mercado Libre and the state of Wyoming, respectively, launched and announced plans for their own stablecoins.
Medical device company Semler Scientific announced it purchased an additional 83 Bitcoin for $5 million in cash. This latest buy expands Semler’s total Bitcoin holdings to 1,012 BTC acquired for $68 million. JUST IN: 🇺🇸 Public Company Semler Scientific buys another 83 #Bitcoin worth $5 million. pic.twitter.com/bQszFQcOF4 — Bitcoin Magazine (@BitcoinMagazine) August 26, 2024 The […]
TL;DR Bitcoin Runes Protocol: Generated $162.4 million in fees from over 15.6 million transactions in just four months, highlighting its significant impact on the NFT market. Transaction Trends: Initially saw over 300,000 daily transactions, peaking at over one million on April 23, but has since declined to around 50,000 daily transactions. Future Prospects: Despite a […]
TL;DR Total value of tokenized treasures exceeds $2 billion. Growth driven by private credit and US Treasuries is trending upward rapidly. The average yield to maturity is 4.94%, with a very short weighted maturity of 0.11 years. The tokenization of US Treasuries has reached a new milestone by surpassing $2 billion, consolidating itself as one […]
Another high-profile sports sponsorship deal by a cryptocurrency exchange has been announced with the partnership of Gate.io with FC Internazionale Milano (Inter Milan), one of the top Italian football clubs. However, the financial details of the deal remain unknown. New Sleeve Sponsor for Inter Milan According to the announcement yesterday (Sunday), the cryptocurrency exchange’s branding […]
Toncoin is in a precarious position as it tumbles to $4.6, with bears eager to push prices even lower. With key support levels hanging by a thread, the big question on everyone’s mind is whether the bulls can muster enough strength to defend it or if a further drop is on the horizon. As uncertainty […]
More than two dozen Wall Street firms including Bank of New York Mellon and Truist have agreed to pay a massive collective fine to US regulators. The financial companies are handing over $470 million to the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to settle charges that the firms […]
Robert Kennedy Jr. has chosen to withdraw from the US presidential race to support Republican nominee Donald Trump. In a speech addressing the nation, Kennedy said he’s backing Trump’s campaign to save the next generation of Americans. “I asked myself what choices must I make to maximize my chances to save America’s children and restore […]
Fundstrat’s Tom Lee says that financial markets are currently betting on a Donald Trump victory this November. In a new interview with CNBC, Lee says that markets believe that Trump’s odds of winning are higher than what the traditional polls show. “To an extent, I think that the markets are believing Trump’s probabilities of winning […]