The non-fungible token market experienced a 23.4% jump in sales between Aug. 19 and 24. Ethereum currently dominates the landscape, followed by Solana and Polygon. In the past week, CryptoSlam data sh...
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Bitcoin Dominates Crypto Market as Altcoin Season Remains Elusive Despite Impressive Gains from SUN and NOT Tokens
The cryptocurrency market has been closely observing the performance dynamics between Bitcoin and altcoins, particularly through the lens of the Altcoin Season Index (ASI). Current indicators suggest ...
Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity
Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the l...
Akash, Render, Bittensor tokens brace for Nvidia earnings
Artificial Intelligence-focused cryptocurrencies — and stocks — will be in the spotlight next week as Nvidia publishes its quarterly results after the closing bell on Wednesday, Aug. 28. Ahead of the...
Pro-Crypto Younger Voters Could Be Decisive in 2024 US Election: Coinbase
Coinbase has expressed the belief that young, pro-crypto voters might influence the 2024 US presidential elections and potentially could become the deciding factor on who wins. In a report released on...
OTC Bitcoin Wallets Swell Amid Low Volatility: 57,000 BTC Added In A Month
Over the last month, the price of Bitcoin has been subject to much turbulence, culminating in a total loss of 3.09% according to data from CoinMarketCap. Notably, despite intermittent waves of a price...
Here’s What Could Propel JASMY Price To $0.35
JasmyCoin (JASMY) price has recently shown significant price growth. Over the past week, the value of JASMYCOIN has surged by 14%, indicating a robust upward trend. The price trajectory of the altcoin...
Gold prices rise as US Dollar tumbles after Powell’s speech
Gold prices jump over 1% after Fed Chair Powell hints at upcoming rate cuts, expressing confidence in inflation nearing the 2% target. The US Dollar Index (DXY) falls 0.82% to 100.68, as Powell’s rema...
Mexican Peso strengthens as Powell pivot weighed on US Dollar
Mexican Peso rallies sharply with USD/MXN falling over 2%. Mexico’s economy shows mixed signals, with Q2 GDP growth at 2.1% YoY but a contraction in economic activity, as Banxico debates the appropria...
Sideways consolidation persists, bears to stay cautious
NZD/JPY gained ground on Friday’s session, mildly to 89.95. The RSI holds near neutral territory, indicating a balance between buying and selling forces. The MACD shows flat green bars, suggesti...
Will Bitcoin, altcoins sustain momentum after Powell speech?
Bitcoin and altcoins staged a strong comeback after Jerome Powell, the Federal Reserve chairman, hinted that interest rates would start falling in September. Bitcoin (BTC) jumped to $64,000 on Aug. 24...
TapSwap Daily Codes & Today Code List – August 25, 2024
Maximize your earning on TapSwap with our up-to-date list of TapSwap daily codes! Tapswap daily codes for August 25, 2024 Here are the latest TapSwap daily codes which you can use to earn a total of 1...
EUR/USD touches 1.13 after Fed’s Powell signals ready to cut rates
EUR/USD tipped into 1.1300 for the first time in over a year on Friday. Fed policymakers open the door to rate cuts during Jackson Hole. Coming up next week: key EU and US inflation prints. EUR/USD ra...
Australian Dollar closes the week strong helped by a weaker USD and a hawkish RBA
AUD/USD soared on Friday after Powell’s words at the Jackson Hole Symposium. Powell hinted that the Fed is ready to cut rates. On the other hand, the RBA is comfortable with restrictive rates, which f...
Ethereum Foundation Reveals Reason for Its Recent $90 Million ETH Sale
Addressing the transfer of 35,000 ETH worth approximately $94 million to Kraken, Ethereum Foundation (EF) Executive Director Aya Miyaguchi clarified the move amid widespread speculation. Miyaguchi exp...
US Dollar closes a losing week as markets grow confident about a dovish Fed
DXY Index declines as investors favor riskier assets following Powell’s dovish speech. Powell hinted that the economic outlook is coming closer to the Fed’s goal. Markets have already priced in ...
Solana Price Surge Targets $200 While Filecoin Maintains Steady Momentum
After the last bear run, are you searching for cryptocurrencies to bolster your portfolio? The cryptocurrency world is full of opportunities, with many coins showing promise while demonstrating resili...
Polygon Discord hack results in $150,000 loss for user
The discord channel of the Ethereum sidechain Polygon got hacked today, with the attacker posting phishing links to deceive users. Polygon chief security officer Medhi Gupta alerted users to the hack ...
Bitcoin ETFs See $252M Inflow; Ethereum ETFs Face $5.7M Outflow
On August 23, 2024, significant changes were observed in the US exchange-traded funds (ETFs) market, particularly concerning Bitcoin (BTC) and Ethereum (ETH). According to Spot On Chain, Bitcoin ETFs ...
GBP/USD chalks in seventh straight winning day on Fed rate cut hopes
GBP/USD vaulted over 1.3200 on broad-market Greenback weakness. Fed gave a head nod to impending rate cuts, sending risk appetite into the ceiling. Coming up next week: UK Monday holiday, US GDP and P...
$2.3 or $8.7 – Here’s how high WIF can REALLY go after latest 13% hike
WIF made a strong comeback with a 79% surge in trading volume and a 13.33% hike in price An analyst is eyeing a sustained rally to a ATH past $8.7 Dogwifhat [WIF], the market’s largest Solana-based me...
Bulls take charge, outlook bullish
NZD/USD rose by 1.55% to close at 0.6235. The RSI has risen above 70, while the MACD is showing rising green bars, indicating strong bullish momentum. A break above 0.6250 could lead to a further rall...
Nervos CKB Unveils Fiber Network for Faster, Cheaper Blockchain Transactions
Nervos CKB, known for its secure and versatile blockchain platform, has announced the launch of a new initiative called Fiber Network. This next-generation open lightning network aims to enhance block...
United States CFTC Gold NC Net Positions increased to $291.3K from previous $267.3K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Japan CFTC JPY NC Net Positions climbed from previous ¥23.1K to ¥23.6K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Eurozone CFTC EUR NC Net Positions rose from previous €27K to €56K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Ethereum Foundation’s 35,000 ETH Transfer to Kraken: Treasury Management or Market Selloff?
The Ethereum Foundation recently confirmed that a transfer of 35,000 ETH to Kraken was part of its routine treasury management, rather than an immediate intention to sell the cryptocurrency. Despite t...
3 cryptocurrencies to avoid trading as sell-offs take over
Sentiment has shifted from bearish to bullish in the cryptocurrency market following a dovish speech by Fed’s chair Jerome Powell. While most cryptocurrencies are seeing increased buying pressure, thr...
Trump promotes family crypto project ‘The Defiant Ones’
Former President Donald Trump has seemingly put his weight behind his family’s crypto project, the Defiant Ones. In an Aug. 22 post on Truth Social, Trump endorsed the decentralized finance project, s...
Floki Inu Sees Significant Price Surge
Floki Inu (FLOKI) has demonstrated a remarkable price increase, outperforming Bitcoin (BTC) in recent market movements. FLOKI’s price surged by nearly 52%, compared to Bitcoin’s 31% rise following a s...
United States CFTC S&P 500 NC Net Positions down to $-84.8K from previous $-23.5K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Russia Plans Two State-Backed Cryptocurrency Exchanges
The Russian government is reportedly moving forward with plans to create national cryptocurrency exchanges, according to insider information from the local news outlet Kommersant. The report suggests ...