Employees in the United Arab Emirates (UAE) can receive salaries in digital assets after a Dubai Court of First Instance overruled a 2023 decision, setting a new legal precedent. According to the ruli...
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Polygon (MATIC) Breakout Can Propel Price To $1 In Days: Analyst
Polygon (MATIC) stands as one of the top performers in today’s crypto market, ranking third among the top-100 cryptocurrencies by market cap as of August 21. With a gain of 9% within the last 24 hours...
Decentralized Exchanges Won’t Go Too Far Without Capital Efficiency
HodlX Guest Post Submit Your Post One main goal of investing is to ensure that your money works for you at all times, whether that’s through a savings account you barely look at or through high-act...
Binance Compliance Workforce Expands to 700 by 2024 as Costs Surge
Key Points: Binance plans to hire 1,000 people in 2024, focusing on expanding its compliance workforce to 700 employees. The exchange’s annual compliance spending has surpassed $200 million, and incre...
FTX Fuels Crypto Market Rebound
Crypto markets have recently endured turbulent times, with the latest turmoil surrounding Mt Gox barely making a dent due to nearly completed refunds. As issues subside, the market now turns its atten...
Shiba Inu Unveils Closed Beta for Shiba Eternity: A Game-Changer on the Shibarium Blockchain
The Shiba Inu ecosystem marks a transformative phase with the launch of its first game, Shiba Eternity, which is now in closed beta. This groundbreaking game is built on the Shibarium blockchain, demo...
New Presale Gem Could Surpass Tron and Ripple Fast
In the current crypto arena, one project that stands out is DTX Exchange (DTX), a new Stage 2 presale star. It has already raised over $1.4M and is on pace to reach $2M before August 31, 2024. People ...
TON Poised for Major Breakout Amid Surge in Global Liquidity and Daily Active Users
The recent surge in TON Masterchain activities signals a promising outlook for the cryptocurrency. In line with this trend, the global liquidity and trading volume for Toncoin [TON] have seen signific...
Bitcoin’s Dominance over Ethereum at a 40-Month High: What Will It Take for an Ethereum Breakout?
Cryptocurrency research firm CryptoQuant reported in a recent analysis that Bitcoin’s market dominance has increased significantly, reaching a 40-month high of 78.5% compared to Ethereum. The chart pr...
Only 3% of traders on Pump.Fun have made more than $1000
Only 3% of the traders purchasing tokens on Pump.fun made more than $1000. At the same time, less than 0.8% of the traders have made $10,000+ trading memecoins on the platform. These figures from a Du...
Ethereum (ETH) Sees Surge in Private Transactions Amid Gas Fee Volatility
The evolving landscape of Ethereum (ETH) transactions has taken a new turn as users increasingly opt for privacy. Recent analyses highlight that private transactions, while only accounting for 30% of ...
Mt. Gox Moves 12,000 BTC, Adds to Recent Large Transfers
In a significant development, Mt. Gox transferred 12,000.17 BTC, valued at approximately $709.44 million, just four hours ago. This latest movement is a continuation of the large-scale transfers initi...
ETFSwap (ETFS), Kaspa, and Polygon, Three Altcoins That Can Give You 1,000x Returns In 2024
In the world of cryptocurrency, the search for profitable investments is a constant pursuit for smart investors. While Bitcoin and Ethereum dominate the headlines, crypto experts believe these 3 altco...
Vice President Kamala Harris to Promote Crypto With Supportive Measures
Key Points: Vice President Kamala Harris plans to support policies that foster the growth of digital assets. The cryptocurrency sector, critical of current regulations, has shown increased political i...
Anyscale Explores Direct Preference Optimization Using Synthetic Data
Felix Pinkston Aug 22, 2024 03:00 Anyscale’s latest blog post delves into Direct Preference Optimization (DPO) with synthetic data, highlighting its methodology and applications in tuning langua...
ETH users turn to private transactions over frontrunning.
ETH users turn to private transactions over frontrunning Private transactions comprised 30% of the total volume, but consumed 50% of Ethereum’s gas. Throughout the year, crypto markets have experience...
The Calm Before The Surge: Analyst Says This Is Not The Time To Exit Bitcoin
A crypto analyst has emphasized the need to stay invested in Bitcoin (BTC), forecasting a significant breakout to the upside. Despite BTC’s previous price crash and market volatility, the analyst has ...
Coinbase Adds Support For Polygon Ecosystem Token, POL Price Soars 15%
The leading crypto Coinbase has added Polygon Ecosystem Token to its roadmap today, following which the POL price soared over 15%. The exchange also announced that it would be supporting POL on both P...
Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98%
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound inte...
Bitcoin Faces Resistance as Local Low Hits $54,291 Amid Market Decline
Recent market trends indicate a significant downturn in major cryptocurrencies, affecting investor sentiment. According to CoinStats, Bitcoin’s recent volatility highlights the challenges faced by the...
Ethereum Price May Surge Soon
The cryptocurrency market is drawing significant attention, with recent developments suggesting potential upward movement for Ethereum. The shift in investor sentiment from selling to buying could ben...
US Dollar Index attempts a modest recovery from YTD low, upside potential seems limited
DXY moves away from the YTD low set on Wednesday, albeit lacks bullish conviction. A modest uptick in the US Treasury bond yields offers some support to the Greenback. Rising odds for a larger Fed rat...
Solana (SOL), Rollblock (RBLK) and Toncoin (TON)
Bitcoin dominance stands at 56%, which is high for the OG crypto. When bitcoin peaks, then altcoin season begins. History has shown that bitcoin dictates the direction but not the pace. The top altcoi...
AUD/JPY remains capped under 98.00, investors await BoJ’s Ueda speech
AUD/JPY loses traction near 97.90 in Wednesday’s Asian session. The upbeat Australian PMI data failed to boost the Aussie. The BoJ is expected to raise rates again by the end of the year. The AUD/JP...
Bitcoin is Recovering! $60,000 Surpassed Again – Here’s the Reason for the Surge
Bitcoin price saw a notable surge above $60,000 following the release of the Federal Reserve meeting minutes. According to market data, BTC is currently trading at $60,862. This surge in Bitcoin’s val...
SunPump Drives Tron Network Revenue to $3.84M in 24 Hours
Following the recent launch of SunPump, a new memecoin launchpad on Tron Network, the platform has already made a significant impact. According to Lookonchain, the 24-hour revenue on Tron Network surg...
Bitcoin Price Analysis: Will Bulls Maintain Momentum to Test $62,151?
The cryptocurrency market is experiencing varied movements as investors assess potential breakout opportunities. Despite recent fluctuations, notable cryptocurrencies like Bitcoin and Ethereum showcas...
Will Bitcoin Breach $62,000 Level or Fall Again?
After a strong 3.7% of green 4-hour engulfing candle, Bitcoin (BTC) once again reached its crucial level near $62,000. However, this is the fifth time BTC has reached this level in the last 15 days, a...
Toncoin hits record high daily active addresses, but is TON a ‘bubble’?
Increased TON Masterchain activities painted a bullish weekly outlook. TON set to break out as global liquidity and trading volume surge. The TON Masterchain has reached a record of 946 daily active ...
Probability of Fed Cutting Rates by 50 Bp in Sept 32.5%: Fedwatch Tool
The probability of Fed cutting interest rates by 50 basis point in Sept is 32.5% after the probability of the Fed cutting interest rates by 25 basis points in September was 67.5%, as per the current F...
Gold Tops $2500, Steals The Spotlight From Bitcoin
Crossing above $2,500 per ounce at $2,531, gold prices have reached a fresh record high. Rising hopes of US Federal Reserve interest rate reductions could be the impetus for this movement. Investors s...
NZD/USD depreciates to near 0.6150 due to market caution ahead of Fed Powell’s speech
NZD/USD loses ground due to risk aversion ahead of the Fed Chair Powell’s speech scheduled on Friday. The recent FOMC Minutes suggested that most Fed officials agreed on a rate cut in September. The N...