Polymarket traders predict a 99% chance of a 25 basis-point Federal Reserve rate cut on September 18, reducing the rate to 5.00%-5.25%. The CME FedWatch tool suggests a 62% likelihood of a 50 basis-point cut, which could boost market liquidity and impact assets like Bitcoin. Not everyone agrees. Bitfinex indicates that a 50 bps cut […]
Last weekend saw Ethereum through another downturn after failing to sustain momentum above $2.5k. However, it has posted a substantial loss so far but currently trades calmly as it foots a strong bearish move. Compared to the late July-August crash that rolled the price back to its yearly low, Ethereum recovered for three weeks and […]
BNB, SOL, and ADA opened in green today, but sellers don’t appear ready to give up. Chart by TradingView 1. BNB Price Prediction Today, Binance Coin returned to an uptrend after a short pullback. The price is $544, and the trend is bullish after the key support at $500 rejected any attempt by sellers to […]
The odds of a huge rate cut have surged
A crypto whale that went inactive for about eight years just woke up from their slumber to move tens of millions of dollars in Ethereum (ETH). Data from the blockchain tracking platform Arkham shows that an Ethereum whale loaded up 16,636 ETH worth about $186,840 in 2015 from the Switzerland-based crypto exchange ShapeShift. The numbers […]
A trader who nailed the May 2021 Bitcoin collapse says one indicator suggests BTC could be primed for fourth-quarter gains. The pseudonymous analyst known as Dave the Wave tells his 146,900 followers on the social media platform X that BTC’s weekly moving average convergence divergence (MACD) indicator is “coming in hot and fast” and approaching […]
After once calling cryptocurrency a "scam," Trump and his sons are now launching a crypto exchange. Tim O'Brian and Zeke Faux join Stephanie Ruhle …
Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system.
As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks. After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming Federal Reserve (Fed) meeting on September 18, […]
South Asian country Bhutan, a Buddhist kingdom on the Himalayas’ eastern edge, has been revealed as a major Bitcoin holder, owning 13,011 BTC worth around $780.49 million, according to a report by Arkham Intelligence. The public data company identified Bhutan’s Bitcoin addresses, marking the first time this information has been publicly shared. BREAKING: BHUTAN GOVERNMENT’S $750M BTC NOW […]
TL;DR Tether, the issuer of USDT, has increased its share of the stablecoin market to 75% over the past two years, according to Token Terminal. The company generated approximately $400 million in revenue over the last 30 days, following a record first quarter in 2024 with earnings exceeding $4.5 billion. Tether has seen a record […]
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, set to […]
Founder of Cardano believes in upcoming price crash
Digital assets manager CoinShares says that institutional crypto investors poured hundreds of millions in capital from digital asset products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $436 million following weeks of outflows adding up to just north […]
An early crypto investor has pleaded guilty to filing tax returns that underreported the capital gains he earned from selling millions of dollars worth of Bitcoin (BTC). According to the U.S. Department of Justice (DOJ), Frank Richard Ahlgren III bought approximately 1,366 BTC in 2015 when the flagship cryptocurrency was still trading for less than […]
The crypto market is going through a downturn, a continuation of a strenuous summer, and once again, Bitcoin (BTC) is in the driving seat. The price swings on the Bitcoin charts have been a reference point for many altcoins, and last week’s movements were even more proof. However, the BTC price might be making a […]
Bitcoin’s price is still consolidating around the $60K level. Yet, an impulsive move might begin soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, it is evident that the price has yet to climb back and recover definitively above the $60K level after its rapid rejection and drop from the […]
Donald Trump and his sons launched World Liberty Financial in a Monday livestream on social media platform X.
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.
Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocol’s users. The attack took $6 million from the project’s pools and is under investigation. However, on-chain investigators suspect it could be linked to North Korean hackers and be part of a larger-scale scheme. Hackers Drain $6 Million From DeFi Protocol […]
On the heels of tour stops in Arizona, Nevada and Detroit, the America Loves Crypto tour rolled into Wisconsin on Friday, September 13, where local Bitcoin and crypto voters in the state rallied in support of pro-crypto candidates for the upcoming US elections. At the Red Rock Saloon in Milwaukee, WI, more than 200 people […]
The CEO of analytics firm CryptoQuant says he’s concerned about the direction that the digital asset industry is heading. Posting to the social media platform X, Ki Young Ju says that the builders who used to create things that traders loved have disappeared, largely due to overzealous regulations, being imprisoned, or making too much money […]
Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects […]
Bitcoin maximalists are having a field day as the ETH/BTC ratio plunges below a key level
The Linux Foundation Decentralized Trust will incorporate all of Linux’s decentralized projects in one place, including all of Hyperledger.
TL;DR Rebound in Investment Flows: Inflows of $436 million into digital asset investment products, following a series of outflows of $1.2 billion. Bitcoin in the spotlight: Bitcoin attracted $436 million in inflows, recovering from a streak of outflows. Challenges for Ethereum: Ethereum continued to see outflows of $19 million due to concerns about its profitability. […]
Former President Donald Trump will formally announce his World Liberty Financial cryptocurrency platform Monday night, which will be led by his sons.
Catizen’s path to its upcoming token launch on September 20 has been rocky, with players complaining about a previous delay and other moves. But now some players are up in arms again after the airdrop allocations were revealed, with developer Pluto Studio admitting to criteria changes that weren’t disclosed ahead of time. Pluto revealed to […]
Pawfury’s $6 Million Presale Success: Is It the Next Shiba Inu? Pawfury was making waves in the crypto community after its presale raised $6 million, reminiscent of Shiba Inu’s ascent. Investors are now speculating whether it could emulate Shiba Inu and become the next breakout token. This article looks into the successful Pawfury presale and […]
Bitcoin-skeptic Elizabeth Warren (D-Massachusetts) and other Democratic senators sent a letter to the Federal Reserve on Monday calling for far more aggressive rate cuts than the market expects. “We write today to urge the Federal Reserve (Fed) to cut the federal funds rate, currently at a two-decade-high of 5.3 percent, by 75 basis points (bps) […]
Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming […]
This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. “Anarchy is order; government is civil war.” – Bellegarrigue The advent of decentralized money gave rise to an intriguing cognitive bias among early adopters. Bitcoin’s success is convincing many that we can do away with trusted institutions altogether—that trust itself […]