Bukele was right: El Salvador timed the bitcoin bottom almost perfectly

Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Dollar-cost Awesome Central banks may be buying gold a...

Bitcoin Leads $305M Digital Asset Outflows, CoinShares Blames US Economic Data

Digital asset investment products witnessed $305 million in outflows last week, with negative sentiment widespread among various providers and regions. CoinShares attributes this to stronger-than-expe...

The Federal Reserve’s rate cut will do more for crypto than Wall Street

The Federal Reserve is on the verge of cutting interest rates, following the European Central Bank (ECB), the Bank of England, and the People’s Bank of China (PBOC). But what if the cut could mean a l...

Ripple Launching New Token Standard on XRP Ledger

Ripple is set to launch a new token standard on the XRP Ledger this month, aiming to enhance its support for real-world assets (RWAs).  Jasmine Cooper, Ripple’s Head of DeFi Product, recently discusse...

Solana tops DEX transactions in August – Impact on SOL?

Journalist Posted: September 2, 2024 Solana’s daily active addresses increased sharply over the last 30 days. SOL’s price action remained bearish, but was testing a key support level.  Solana [SOL] ha...

OKX Appoints Former MAS Official as OKX SG CEO –

OKX’s Singapore entity secures a full Major Payment Institution (MPI) license. OKX appoints Gracie Lin, a former MAS official, as CEO to drive the company’s expansion in Singapore. OKX, a global crypt...

FTX Repayment Plan Faces Potential Hurdle From SEC Scrutiny

The United States Securities and Exchange Commission (SEC) has expressed reservations regarding the repayment strategy proposed by the bankrupt crypto exchange FTX, indicating potential legal challeng...

Qatar launches digital assets framework to attract global firms

The Qatar Financial Centre (QFC) in Doha has invited local and international companies to apply for licenses to operate as token service providers under its newly introduced regulatory framework. On S...

Vitalik Buterin Accused of Selling ETH for Profit, Denies Claims

Crypto circles on X accused Buterin of selling ETH for profits. Many defended him as he denied the allegations. Ethereum co-founder Vitalik Buterin moved large sums of ETH, causing some crypto users t...

Still too early to say a reversal of the downtrend is unfolding

USD/CAD is showing bullish signs but lacks upside momentum and remains in a downtrend.  It would have to rise more strongly and break above some key levels to indicate a reversal of the dominant bear ...

Are Meme Coins Dead? Market Cap Dips Below $40 Billion

Once a thriving component of the crypto ecosystem, the meme coin sector has recently seen its market capitalization plummet below $40 billion. According to CoinGecko, it now stands at $39.69 billion, ...

Will Elon Musk Help Revive Dogecoin Price Slump?

Dogecoin price continues to experience turbulence, leaving investors cautious despite DOGE being one of the top meme coins to buy. Those with long-term investing horizons and who are willing to ride o...

Flashing signs the trend could be changing

The US Dollar Index is flashing signs it could be changing trend and moving higher.  The weekly and daily charts are showing bullish Japanese candlestick patterns after the recent touchdown on support...

+670% compared to prices a year ago

During the recovery of the crypto market in 2023, there was one coin in particular that, after a year, seems to have rewarded the courage of investors: we are obviously talking about Solana (SOL). Eve...

7 Best Crypto Coins to Buy Now That Will Make You Rich Beyond Your Wildest Dreams

 Among the myriad of coins available, 5thScape VR stands out as a frontrunner—an investment that embodies both innovation and potential. If you’re ready to make a bold move, 5thScape could be the key ...

Spending Crypto Anywhere: Bybit Powered by SATOS Brings Crypto Convenience to the Netherlands with Launch of Bybit Card

Dubai, United Arab Emirates, September 2nd, 2024, Chainwire Bybit Powered by SATOS is thrilled to announce the launch of the Bybit Card in the Netherlands. This innovative debit card empowers users to...

Bitcoin Faces $319 Million Outflows as Crypto Funds Experience $305 Million Decline Amid Negative Sentiment

Recently, the cryptocurrency market faced significant sell-offs, with crypto funds experiencing an outflow of around $305 million. This trend is largely attributed to waning investor confidence in mai...

Lone Survivor: Helium (HNT) Soars 18% As Most Cryptos Collapse

September started weak for the broader crypto market as it burned down 3% in favor of the bears. Despite this, Helium (HNT) continues to shrug off the fear, uncertainty, and doubt that plague the mark...

TuumIO Launches to Drive Web2 to Web3 Transition, Escaping Tech Giants’ Control

Empowering users with control over data and identity via secure decentralized applications Tallin, Estonia – TuumIO, a groundbreaking decentralized infrastructure company, today announced its official...

Coins.ph empowers Filipinos with financial, Web3 literacy

Coins.ph, a digital asset exchange in the Philippines, is pushing its campaign for Web3 and financial literacy and inclusion following a year of notable progress in its decade-long history. The compan...

Bitcoiners and Wobblies: Labor Day Edition

Recently, I’ve been reading about the foundations of the American Labor Movement. Specifically, the birth of the Industrial Workers of the World and a group called the Wobblies, a nickname given to IW...

What will happen to Gold prices?

The outcome of the US elections could have a large impact on Gold prices. If there is a Democratic Victory (partial or full) the impact on Gold prices would be limited. In case of a universal tariff u...

POSTECH Adopts Metadium’s Blockchain-Based Smart Student ID System

POSTECH Adopts Metadium’s Blockchain- Metadium blockchain smart student ID POSTECH collaboration represents a significant advancement in the integration of blockchain technology into educational insti...

Bitcoin Faces Weak Start in September

Bitcoin commenced September on a downward trajectory, with both monthly and weekly closes showcasing lackluster performance. Trading close to the $57,000 mark, the BTC/USD pair analysis indicated mini...

Is the Fed making a huge mistake with its September decision?

The Federal Reserve’s upcoming decision on interest rates has everyone on edge. The big question on the table is whether the Fed is about to make a major blunder. Some economists certainly think so. T...

Can Bitcoin Break Its Historical Bearish Trend?

September has been Bitcoin’s worst-performing month, with an average return of -5.36%. Bitcoin saw positive returns in September only four times in the last 13 years. Upcoming events, including the FO...

How Far Can Bitcoin (BTC) Price Fall? QCP Capital Announces September Expectations!

The declines in Bitcoin have not ended and the expected rise has not come. While investors were expecting BTC to rise with the Fed interest rate cut in September, Singapore-based cryptocurrency compan...

Singapore Purchasing Managers Index climbed from previous 50.7 to 50.9 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...

WazirX users can expect to lose 40% of their funds, report

Users of Indian crypto exchange WazirX have been told that they are likely to lose more than 40% of any funds they had on the platform, following a $234 million hack in July. WazirX is currently under...

Top Meme Coins Face Significant Declines in 2024

The meme coin market has experienced substantial downturns over the past year, with the top 10 meme coins plummeting by an average of 63.73% from their peak prices. Data analyzed by Lookonchain reveal...

Brazil S&P Global Manufacturing PMI dipped from previous 54 to 50.4 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...

How High Could XRP Go? Expert Reveals XRP Price if Bitcoin Hits $500,000

Famous crypto expert King 100x Gems predicts that XRP could attain a double-digit value if Bitcoin hits a target of $500 by the end of the bull cycle.  XRP is gradually recovering from the recent down...