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Leveraged sell-off drives Bitcoin down to $56K during negative funding rate spike
Quick Take This past week, Bitcoin experienced significant price fluctuations around the $60,000 mark, briefly moving above and below this level before stabilizing. On Aug. 15, funding rates for Bitco...
Join The Biggest Presale Showdown With AI-Powered DTX Exchange (DTX) as SOL and PEPE Whales Accumulate
DTX is set to lead the market with its innovative technology and trader-benefiting business model. In this guide, we will discuss recent developments in the crypto market and some interesting topics r...
Bears may try to break below 7.1500 – UOB Group
Further advance in US Dollar (USD) seems likely, but it is unlikely to reach 7.2050, not to mention 7.2300, UOB Group Quek Ser Leang and Lee Sue Ann note. Breaking below 7.1500 is quite possible 24-HO...
9 New DePin Projects to Keep an Eye On
IoTeX, the Decentralized Physical Infrastructure Network (DePin) platform, recently unveiled its Surf Accelerator Cohort. It spotlighted nine emerging DePin projects poised to revolutionize the sector...
Binance Futures to Launch G and RARE Perpetual Contracts with Up to 50x Leverage
James Ding Aug 15, 2024 10:35 Binance Futures will introduce GUSDT and RAREUSDT perpetual contracts on August 15, 2024, offering up to 50x leverage, enhancing trading options. Binance Futures is set t...
Bulls set to test 0.6080 – UOB Group
The New Zealand Dollar (NZD) strength from early this month has ended; it is likely to trade between 0.5935 and 0.6080 for the time being, UOB Group Quek Ser Leang and Lee Sue Ann note. NZD may try to...
South Korea’s National Pension Service Increases Bitcoin Exposure with $34M Investment in MicroStrategy
The National Pension Service (NPS) of South Korea made a significant investment in digital assets by acquiring nearly $34 million in MicroStrategy (MSTR) shares during the second quarter of 2024. Rank...
MoonTaurus (MNTR) Set to Rival XRP's Q4 Growth, Now in Phase 2 at Just $0.01
MoonTaurus (MNTR) is positioning itself as a tough competitor in the crypto market as it moves into Phase 2 of its presale. Priced at just $0.01, the token’s entry into this new stage is drawing...
SMH Elliott Wave technical analysis [Video]
SMH Elliott Wave Analysis Trading Lounge Daily Chart, VanEck Semiconductor ETF, (SMH) Daily Chart. SMH Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position...
Hackers demanded crypto ransom amid cyber attack at Paris 2024 Olympics
The Grand Palais in Paris, a prominent venue for the 2024 Summer Olympics, has become the latest victim of a high-profile cyberattack. Hackers infiltrated the venue’s digital infrastructure, demanding...
90% Chance for Ripple (XRP) to Lose Against the SEC on Appeal? Fmr. Senate Staffer Comments
The case between the US Securities and Exchange Commission and Ripple Labs moved forward after Judge Analisa Torres ruled that the company should be fined $125M in a decision that partly honored and p...
Shopping maniacs, US retail sales – Commerzbank
US consumers are proving to be true shopping maniacs, Commerzbank Head of FX and commodity research Ulrich Leuchtmann notes. Retail sales rise by 1% vs 0.4% expected “In July, retail sales rose by 1%,...
Bitcoin Amsterdam 2024 Returns to Westergas
Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct t...
‘Crypto for Harris’ event disappoints: ‘Clown show,’ says Tyler Winklevoss
The ‘Crypto for Harris’ town hall event failed to sway a skeptical audience. However, Kamala Harris led Polymarket polls despite lackluster event. As the U.S. presidential election heats up, with cryp...
Here’s why Tesla stock price could hit $380 in just 2 months
Tesla Motors (NASDAQ: TSLA) has been navigating a turbulent 2024, facing several significant challenges. Despite a strong recovery in the second and early third quarters, the company is grappling wit...
The future of web3 gaming is not tap-to-earn—it’s Roblox
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s no secret that web3 gaming has struggled to ta...
Senate Majority Leader Pledges Crypto-Focused Legislation Before 2025 At Pro-Harris Event
In a notable policy reversal, US Senate Majority Leader Chuck Schumer has pledged to prioritize the passage of crypto-focused legislation by the end of 2024, as digital assets have been a constant foc...
Rallies to near 0.6030 on upbeat market sentiment
NZD/USD soars to near 0.6030 as market sentiment favors risky assets. The RBNZ surprisingly announced an interest rate cut by 25 bps on Wednesday. Firm Fed rate-cut prospects keep the US Dollar’s upsi...
BitGo moves to allay fears over WBTC custodial changes
BitGo is preparing to expand management of wrapped bitcoin (WBTC), worth $9.2 billion, to two new entities in Hong Kong and Singapore within two months. The company announced last Saturday that it pla...
Dubai Courts Historic Ruling: Crypto Is Accepted For Salaries
The United Arab Emirates has its image as a crypto-favoring country, where it was among the first few nations to openly endorse and develop this industry. Moreover, Dubai, a city in UAE, is the hub fo...
Bitcoin price analysis as whales buy $240 million BTC in a week
Bitcoin (BTC) highly capitalized investors known as “whales” are showing growing optimism at current prices, buying and accumulating the cryptocurrency. These whales accumulated nearly $240 million wo...
Trump Based Memecoins Stumble as Harris Leads in New Poll
Trump-based memecoins have sharply declined from its recent highs. Kamala Harris has a 10% lead over Donald Trump’s odds in a new poll. Trump-themed memecoins have sharply declined following new poll...
India and Russia to Enhance Trade With Rupee-Ruble Payments
India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers. The talks aim to facilitate rupee-ruble trade and ad...
Commodity prices are a drag – ING
USD/BRL has come off sharply from its early August spike to 5.80. The broad turn lower in the US Dollar (USD) and the global equity market recovery are helping, ING’s FX strategist Chris Turner notes....
IMF proposes 85% power tax hike on crypto and AI data centers
The International Monetary Fund (IMF) has proposed higher energy taxes to reduce emissions from crypto miners and artificial intelligence (AI) data centers, according to an Aug. 15 report. The IMF arg...
BTC Struggles, But These 3 Altcoins Are Ready for a 70x Surge This Year
Bitcoin faces challenges, yet there’s excitement in the crypto world. While BTC’s path seems rocky, three alternative coins are poised for a massive surge. Could these lesser-known assets ...
Set to test the 0.6660 level – UOB Group
The Australian Dollar (AUD) is expected to trade in a range, probably between 0.6580 and 0.6640, or withing a broader range between 0.6545 and 0.6660, UOB Group Quek Ser Leang and Lee Sue Ann note. Bu...
CryptoQuant Analyst Predicts Potential Bitcoin (BTC) Price Drop to $40K
Bitcoin (BTC) prices have been experiencing significant declines influenced by bearish trends, as analyzed by CryptoQuant. The analyst utilized the Net Unrealized Profit/Loss (NUPL) metric to highligh...
Circle CEO Announces USDC Tap-to-Pay Coming to iPhones
TLDR Apple is opening up its NFC chip to third-party developers, allowing for non-Apple Pay contactless payments on iPhones Circle CEO Jeremy Allaire announced that tap-to-pay functionality for USDC o...
Evolves a new short-term uptrend
USD/CHF is making higher highs and higher lows as it tracks higher since the August 4 lows. The pair is probably in a short-term uptrend which is expected to continue rising. USD/CHF has established...
Is Dogecoin Headed For A 40% Slide? This Analyst Thinks So
Dogecoin has finally reached a very precarious moment. The former darling of the meme token world turned into a bearish trend, with recent charts unveiling a concerning decline. Related Reading Analys...