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News
Will Cardano (ADA) Reclaim Its Spot?
Cardano (ADA) has dropped out of the top ten cryptocurrencies by market capitalization, replaced by Tron (TRX), which saw a 14% rise over the past week. In contrast, ADA only gained 2% during the same...
China Classifies Crypto Transactions as Money Laundering in Major AML Law Update
TLDR China has officially recognized “virtual asset” transactions as a method of money laundering in its revised anti-money laundering (AML) laws. The new regulations, effective August 21, 2024, set s...
Canada inflation set to cool further in July, adding to further BoC rate cut bets
The Canadian Consumer Price Index is seen losing further traction in July. The BoC could extend its easing cycle in the latter part of the year. The Canadian Dollar appears firm against its US counter...
Historic $10 Billion $HMSTR Airdrop Set for September 2024 by Hamster Kombat
Telegram-based game Hamster Kombat amasses a substantial user base with its engaging gameplay and robust ecosystem. The innovative $HMSTR token airdrop, scheduled for September 2024, promises to be th...
Solana (SOL) Continues Sideways Move As Outflows Record $39M
Solana (SOL) has recovered 30% of its price since the Black Monday crash, hovering between the $155-$140 range. Recent reports revealed the Solana-based investment products were among the largest lose...
USD/CAD extends downside below 1.3630 in countdown to Canadian Inflation
USD/CAD slides further below 1.3630 with investors focusing on the Canadian Inflation on Wednesday. Fed Powell is expected to say over the size of interest rate cuts in September. Lower Oil prices fai...
BlackRock’s IBIT boosts Bitcoin ETFs with $92.7 million inflow, total now $20.5 billion
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Whale Offloads 20,000 Solana Units
A considerable movement in the cryptocurrency market has drawn attention, as a whale offloaded 20,000 Solana (SOL) units from their wallet. This transaction, valued at approximately $2.9 million, mark...
EUR/GBP falls toward 0.8500 ahead of EMU Harmonized Index of Consumer Prices
ECB policymakers are hesitant to pursue a rate-cut path due to concerns that price pressures could reaccelerate. Germany’s Producer Price Index fell by 0.8% YoY in July, following the previous 1.6% de...
Upbit to List PEPE and BRETT Tokens, Reveals Overlooked Report
**Title: Upbit to List PEPE and BRETT, According to Overlooked Report** In a significant move for crypto enthusiasts, Upbit is set to list two notable tokens, PEPE and BRETT. Despite being an older re...
TRON Surges as SunPump Drives 124% Transaction Growth
TRON DAO saw a 124% surge in transactions, largely driven by the hype surrounding SunPump’s memecoin platform. TRON has surpassed Cardano in market cap, driven by the explosive growth in the memecoin ...
The 3rd Financial Innovation Forum
The 3rd Financial Innovation Forum – Payments & Regtech is a premier gathering that brings over 50 industry experts to the stage for dynamic discussions on the latest advancements, trends, and reg...
Cboe Removes SOL ETFs’ 19b-4 Filings Post SEC-Asset Managers Meeting
The SEC discussed concerns over Solana’s possible status as a security. The Cboe BZX removed the Solana ETFs’ 19b-4 filings following the SEC-ETF issuers meeting. VanEck assures that their plans for t...
Daily Market Review: BTC, ETH, FET, AAVE, WIF
The bulls are in total control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.15T as of press time, representing a 3.87% increase over the last 24 ho...
$5,760,000,000 in Bitcoin Bought by Whales in Just Six Weeks Amid Crypto Market Correction: Santiment
Deep-pocketed Bitcoin investors are snapping up billions of dollars worth of BTC, according to analytics firm Santiment. Santiment says on the social media platform X that Bitcoin whales are showing c...
Solana Meme Coin Frenzy Faces Backlash Amid Growing Investor Losses
The recent downturn in Solana-based meme coins is causing significant losses, prompting investor and community backlash. Criticism towards meme coins has surged this week, following a drop in trading ...
Benjamin Cowen Says Price May Drop to $38k Levels; Cooling and Recovery Periods Revealed
Popular analyst and Founder of Into The Cryptoverse, Benjamin Cowen, joined David Lin for a discussion about Bitcoin and it’s currency cycle. Cowen believes Bitcoin dominance might peak when the Fed c...
Aave price rallies 12% amid surging whale activity
Aave’s price saw a surge of over 12% amid heightened whale activity and a broader jump in the global crypto market. At the time of writing, Aave (AAVE) has become the 47th largest cryptocurrency, with...
Ethereum price rebound: Why $2900 is crucial for the next bullish move
Ethereum forms a parallel upward channel as price breaks the 52 week moving average. the RSI of ETH/USD is oversold as funding rates become generally positive. The price of Ethereum [ETH] is starting ...
Ether (ETH) Nears Breaking Point as Buyer Demand Surges and Metrics Turn Positive
The cryptocurrency market is abuzz with rising expectations for Ether (ETH), which has been trading below $3,000 for a prolonged period. Blockchain metrics indicate a surge in demand for ETH and a pos...
Bitcoin (BTC) Price Breaks $61K: Analysts Project Surge to $100,000
TLDR Bitcoin price rose above $61,000 on August 20, 2024 U.S. Bitcoin ETFs saw over $61 million in net inflows Federal Reserve Chair Jerome Powell is scheduled to speak at Jackson Hole on Friday Some ...
Bitcoin Surges Amid Anticipation of Federal Reserve Interest Rate Cut
The Federal Reserve’s recent announcement regarding a possible interest rate cut has strategically affected market dynamics, particularly the cryptocurrency market. The recovery in Bitcoin’s price, de...
Japanese Investment Company Metaplanet Continues to Buy Bitcoin! Here is the Last Amount of Bitcoin It Bought!
Japanese investment firm Metaplanet has increased its BTC holdings with a recent purchase of 57 Bitcoins worth approximately 500 million yen ($3.4 million). Japan’s Metaplanet Increases Bitcoin ...
Farcaster ($FARCASTER) Pre-Market Trading Now Live on BingX: Early Access to Decentralized Social Media Token
BingX has launched pre-market trading for the Farcaster ($FARCASTER) token. Farcaster is a decentralized social media protocol that emphasizes user control and privacy. The pre-market trading for FARC...
Rollblock Unveils Game-Changing Revenue Share Model, Drawing Massive Interest From Polkadot and AVAX Holders
The rough start is over! Green indicators continue to shoot up confidence, but the once floundering Polkadot price is still in the red. In contrast, AVAX has begun to see signs of life after a long wa...
Bitcoin Set to Outperform as Federal Reserve Faces Dollar Debasement, Strike CEO Predicts
The CEO of Strike, a prominent Bitcoin wallet and payments app, foresees significant federal actions that could positively impact BTC prices. Jack Mallers speculates that the US is facing a dilemma wi...
Cardano Surpasses Key Resistance Levels
Cardano (ADA) has experienced significant momentum by breaking through crucial resistance levels, marking a notable departure from its previous downtrend. ADA’s price increased by 3%, aligning with a ...
Bitcoin reaches $61k, old coins enter chain
Bitcoin has finally breached the $61,000 mark again after a week of bearish consolidations. Bitcoin (BTC) is up by 4% in the past 24 hours and is trading at $61,050 at the time of writing, with its m...
Suspected Theft Linked to Genesis Global Trading
A large, suspicious transaction of 4,064 Bitcoin, approximately equal to $238 million, has been detected on the blockchain, raising alarm among crypto users. Whale Alert, the blockchain tracking servi...
Solana ETF Approvals Stalled as SEC Raises Security Classification Concerns
The U.S. Securities and Exchange Commission (SEC) has held significant discussions regarding Solana-based exchange-traded funds (ETFs). Concerns about classifying Solana as a security were raised by t...
How Much Profit It Made
On-chain data shows a Bitcoin wallet has suddenly moved coins dormant for 10.8 years. Here’s how much profit it made on its investment. Bitcoin Wallet With 24 BTC In Balance Has Come Alive After 10.8 ...