On-chain data shows a Bitcoin indicator has continued to retest the bear-bull transition point recently, but is yet to obtain a break. Bitcoin Short-Term Holder SOPR Is Retesting The Break-Even Level As pointed out by an analyst in a CryptoQuant post, the short-term holders have continued to sell at a loss recently. The relevant indicator […]
A closely followed crypto strategist believes that Solana (SOL) is still in a downtrend despite last week’s surge. Pseudonymous analyst Altcoin Sherpa tells his 196,300 followers on the social media platform X that Solana is facing a key resistance level at around $19.50. According to the analyst, Solana has been printing bearish lower-high setups ever […]
Recent data shows that crypt asset investment products are consistently showing considerable outflows. Bitcoin (BTC) comprised 85% of these outflows in the last week. On the other hand, some prominent cryptocurrencies, including Ripple (XRP), Solana (SOL), and Cardano (ADA) witnessed inflows from institutional investors. As per the latest data report, digital asset investment products saw […]
Hut 8 Mining, a Canadian Bitcoin (BTC) mining company, and US Bitcoin, a US-based Bitcoin mining and hosting company, have announced the completion of their merger to form Hut 8 Corp, a new entity that aims to become a global leader in the BTC mining industry. The merger was approved by the Canadian Supreme Court […]
The Toncoin (TON) price broke out from a descending resistance line and is approaching its local high at $2.97. The price action is still bullish, but the RSI readings and Elliott Wave count suggest that a top will be reached soon. TON Price Breaks Out From 270-Day Resistance The TON price has fallen under a […]
NFL quarterback Trevor Lawrence, along with popular YouTube influencers Kevin Paffrath and Tom Nash, have reached a settlement in a lawsuit related to their endorsements of the now-defunct FTX cryptocurrency exchange. High-Profile Figures Face Similar Lawsuits According to Bloomberg’s report on September 16, the terms of the settlement have not been disclosed. This development marks […]
The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS’ greenlist
When can traders expect midterm rise of Binance Coin (BNB)?
… cryptocurrency firm. Terms of the settlement were not revealed. The report noted that the agreements are the first to be reached following a rash …
The Congressional Budget Office (CBO) is revising its projections for this year’s US budget deficit, saying it will be significantly higher than previous estimates. In a new report, the agency says it now projects government expenditures will outpace revenues to the tune of $1.7 trillion in 2023. “On the basis of its estimate of the […]
An analyst who rode the crypto rally earlier this year believes that Bitcoin (BTC) has a shot to ignite a steep rally and print a new 2023 high. In a new strategy session, DonAlt tells his 53,200 YouTube subscribers that it is within the realm of possibility for Bitcoin to witness a burst to the […]
Stablecoin issuer Paxos, in one of the latest developments, released the first transparency but unaudited report for the recently born Paypal USD, or PYUSD stablecoin, affirming the stability and reliability of the assets. This latest report also highlighted that, as the curtains fell in August, the lion’s share – over 90% – of PYUSD was […]
The intersection between Non-Fungible Tokens (NFTs) with the worlds of advertising technology (adtech) and digital art is changing how we view and interact with digital material. NFTs have grown in popularity, capturing the attention of artists, advertisers, and collectors alike. Understanding Non-Financial Transactions Non-fungible Tokens (NFTs) are indivisible and irreplaceable digital assets. Unlike fungible and […]
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.
Recent data shows strong growth in daily usage of the Ethereum network. Regarding the number of daily active addresses, Ethereum has even surpassed Bitcoin. As the crypto universe is full of surprises, Ethereum (ETH) has been stealing the show since last week with its on-chain record. However, the price of ETH has mostly remained stagnant. […]
Tether pioneer William Quigley, who was also an early investor in PayPal, said he doubts the payments giant will bring much innovation to the stablecoin space. Sep 18, 2023 at 3:19 a.m. PDT Tether co-founder William Quigley (Magnetic) Tether co-founder Quigley says PayPal’s stablecoin ambitions are driven largely by potential savings on trillions of dollars […]
CNBC personality Jim Cramer says rising crude oil prices could cause an avalanche of inflationary pressure throughout the US economy. In a new episode of Mad Money, Cramer says Federal Reserve Chair Jerome Powell may make the decision to raise interest rates again this week, putting pressure on risk assets. The Fed is expected to […]
Despite lack of movement, XRP is more than comfortable in current price range
… cryptocurrency in the hope of getting rich – but this kind of … cryptocurrency remains a widespread investment. Some 425 million people hold …
Bitcoin looks ready to start a relief rally and this could trigger interest in MKR, AAVE, RUNE and RNDR.
A closely followed crypto strategist believes that the recent Bitcoin (BTC) rally is setting up the crypto king for a much larger upswing. In a new video, Credible Crypto tells his 346,500 followers on the social media platform X that he’s expecting bullish continuation for Bitcoin. “This is probably going to be the start of […]
The recent surge in Non-Fungible Tokens (NFTs) has created a seismic shift in how we perceive and interact with the digital world, particularly within the emerging metaverse. NFTs, unique digital assets built on blockchain technology, have found applications in various metaverse sectors, including virtual worlds, gaming, art, and entertainment. NFTs Influence On Virtual Worlds In […]
Karl Sebastian Greenwood, co-founder of OneCoin and wingman for Ruja Ignatova, also known as “Cryptoqueen,” was sentenced to 20 years imprisonment for his involvement in one of the biggest crypto scam projects. Ignatova, who was included in the Federal Bureau of Investigations (FBI) Ten Most Wanted Fugitives list, is rumored to have been murdered in […]