Dubai, United Arab Emirates, September 4th, 2024, Chainwire Since its official start at the end of July 2024, POPG has been focusing its efforts on nurturing a vibrant community of blockchain enthusia...
News
Whale Activity Declines As Ethereum Outpaces Bitcoin In Wallet Growth
The noticeable drop in whale activity across major cryptocurrencies has been evident in recent months. For Bitcoin and Ethereum, peak weeks for transactions over $100,000 reveal a significant reductio...
Best Platforms for Low-Risk Staking
Staking has recently grown to become a popular way for investors in crypto assets to maximize the rewards and to be more engaged in the security of blockchain networks. Nevertheless, staking does not ...
US Spot Bitcoin Exchange Traded Funds (ETFs) Record Highest Outflow Since May 1! Here Are the Details
US spot Bitcoin exchange-traded funds (ETFs) recorded significant net outflows on Tuesday, extending a streak of negative flows in the cryptocurrency market. US Spot Bitcoin ETFs See $287 Million in B...
Nvidia’s subpoena from US DoJ pulls it down by $260bn
Nvidia is hit by a subpoena by the US Department of Justice (DoJ) amid antitrust investigations in various countries. The news comes after Nvidia’s market valuation suffered after disappointing quarte...
Akash Network, FET, and Render see double-digit losses as Nvidia stocks plunge 9.5%
AI-focused cryptocurrencies suffered double-digit losses following Nvidia’s largest one-day market value drop due to a reported antitrust subpoena from the US Department of Justice. AI chip giant Nvid...
Massive Outflows Hit $BTC and $ETH ETFs as Investors Pull $335M from the Market
The latest data draws a concerning picture in the case of crypto ETFs, specifically Ethereum and Bitcoin. Spot On Chain, a famous on-chain analytics firm, mentioned that the US-based $BTC and $ETH ETF...
Arthur Hayes Says Bitcoin Bearish Short-Term, May Touch $50K
Arthur Hayes has predicted that Bitcoin may hit $50,000 during its choppy run but would rebound in late September. BitMEX founder Arthur Hayes has flipped bearish on Bitcoin in the short term, predict...
Santiment Report Reveals Bitcoin’s Next Price Target
The cryptocurrency market experienced a significant downturn on September 4, with total market capitalization dropping by over 4.25% to around $1.98 trillion. Bitcoin (BTC) and Ethereum (ETH), two of ...
Exploring the Next Great Immersive World on Ethereum: Beyond the Game
The recent discourse surrounding Ethereum has highlighted the critical perceptions of value within the cryptocurrency space. Despite ongoing critiques, the blockchain’s potential as a medium for commu...
Binance Unveils New Limited-Time Offers for Earn Wednesday
Alvin Lang Sep 04, 2024 08:05 Binance announces new limited-time offers for Earn Wednesday, featuring Simple Earn, ETH Staking, Dual Investment, and more. Offers available on a first-come, first-serve...
EUR/GBP remains below 0.8450 following HCOB PMI data from Eurozone
EUR/GBP pares its intraday gains after the downbeat HCOB PMI data from Eurozone and Germany. Eurozone Services PMI decreased to 52.9 in August, from 53.3 in the previous month. The Pound Sterling may ...
Ronin Bridge Reopens After $10M Exploit, Plans to Transition to Specialized Bridging Solution
Ronin Bridge reopens after a temporary suspension caused by a $10 million exploit in August 2024. The Ronin Network, an Ethereum sidechain built for play-to-earn games, made the announcement in a rece...
Important XRP Price Predictions, Latest SHIB Developments, Binance Updates: Bits Recap September 4
TL;DR Despite a recent price drop, analysts predict a potential rebound for Ripple’s XRP, with some expecting a surge following a breakout from a key pattern. Shiba Inu’s ecosystem is growing with the...
Gold extends losses despite global market sell-off
Gold continues slowly falling despite risk sentiment turning negative following weak US manufacturing data. Overcrowded long positioning could be the reason the commodity is not rising as expected. ...
Ripple CEO Says RLUSD Stablecoin Is Close To Launch, No US IPO
Key points: During his fireside chat at Korea Blockchain Week, Ripple CEO Brad Garlinghouse said the company will launch its new stablecoin in “weeks, not months.” The Ripple CEO said he is more “opti...
NEAR’s road to recovery: Traders bet on rise to $5.2 and beyond
Increased liquidity and a prevailing bullish pattern contribute to the anticipated upward movement. If buying pressure persists, NEAR could climb to $5.2 and potentially extend to $8. Despite bearing ...
Eurozone HCOB Services PMI registered at 52.9, below expectations (53.3) in August
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...
Leading cryptos to watch this September
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. This September, investors are watching Ripple, Polygon...
Bitcoin Crash Alert? Bank Of Japan Rate Hike Sparks Market Fears
On Tuesday, the governor of the Bank of Japan declared that should the economy and price show expected performance, the central bank would boost the key interest rates even further. Rising around 146 ...
Ethervista joins top Ethereum gas burners after traffic from Banana Gun bot
Ethervista, a relatively new Ethereum exchange, is now competing with the biggest gas-burner contracts. The DEX is now in the third place based on fees, only surpassed by Tether’s contract and the Uni...
AI Crypto Tokens Plunge as US DOJ Subpoenas Nvidia
The value of Artificial Intelligence (AI) crypto tokens has been on a rollercoaster ride, largely influenced by external factors, with the recent dip tied closely to Nvidia Corp. Over the past eight ...
Ripple Unlocks 1 Billion XRP Tokens Amid Price Drop – What’s Behind the Move?
Ripple’s release of 1 billion XRP tokens from escrow triggers a price drop. Ripple’s escrow system aims to promote decentralization and transparency. Ripple’s deliberate decision to release 1 billion ...
Bank of Canada expected to trim interest rates by 25 bps in September
Bank of Canada (BoC) is seen reducing its policy rate to 4.25%. Canadian Dollar started the month on the back foot vs. the US Dollar. Headline inflation in Canada dropped further in July. Swaps market...
mining and ETF the cause
There are no particularly good forecasts circulating about the price of Bitcoin, mainly due to concerns regarding mining. However, it is necessary to distinguish between short-term forecasts and medi...
Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead
The Bitcoin price has been unable to break out of its current downtrend after losing the $60,000 mark this week, trading as low as $57,790 on Tuesday. However, one indicator is pointing to further pri...
France HCOB Composite PMI registered at 53.1 above expectations (52.7) in August
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...
Spot Ethereum ETFs Face $476 Million Outflows: Is There a Light at the End of the Tunnel?
Spot Ethereum ETFs have encountered significant challenges since their inception, with recent reports highlighting outflows amounting to $476 million. Bloomberg Intelligence’s ETF analyst Eric Balchun...
Polygon Begins Token Swap, in Move to Allow More Issuance
“And then the second one is a means for, effectively, validators to receive emissions,” Boiron added. “Effectively, if you think of these new chains that pop up, what’s going to happen is that w...
Italy HCOB Services PMI registered at 51.4, below expectations (52.6) in August
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...
Binance Report Highlights Blockchain’s Role in $53T B2B Cross-Border Payments Market by 2030
Binance Report – Blockchain B2B cross-border payments are set to play a critical role in the future of the business-to-business (B2B) market, according to a recent Binance Research report. The report,...
Ripple CEO Confirms RLUSD Stablecoin Launch
Ripple’s CEO, Brad Garlinghouse, delivered a significant announcement at the South Korea Blockchain Week, revealing that Ripple’s latest stablecoin, Ripple USD (RLUSD), pegged to the US dollar, is set...