Bitcoin’s price suddenly surged hours ago from about $58,000 to a weekly high of just over $61,000 before retracing slightly. The altcoins have also turned green, and the total market cap has added mo...
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Stable at $0.51, Eyes $0.72 Resistance
The BRICS alliance’s recent move to introduce a new payment system, potentially involving Ripple, has created a promising opportunity for XRP. As BRICS nations aim to build a financial infrastructure ...
Nigeria plans to introduce a law on crypto taxes
Nigeria is preparing to take a significant step towards regulation with taxes in the crypto sector, a sector that, although relatively new, has already demonstrated a substantial impact on the global ...
Crypto market braces for Euro CPI, FOMC minutes – What’s next for BTC, ETH?
The crypto market retraced slightly as markets brace for Eurozone CPI and FOMC minutes to be released this week. The futures market shows increasing use of leverage, with more traders leaning towards ...
Consolidates near monthly top, 100.00 confluence holds the key for bulls
AUD/JPY oscillates in a range below a fresh monthly top touched earlier this Tuesday. The mixed technical setup warrants some caution before positioning for further gains. A sustained strength beyond ...
Bitcoin Investors Anticipate Surge Amid Upcoming US Elections
Investors in the crypto market are heavily investing in Bitcoin (BTC) options amidst speculation on how the upcoming US elections will impact digital assets. This trend indicates a strong market senti...
Harris Pushes For Gensler As Next Treasury Secretary: Bad News For Crypto?
Talks of Vice President Kamala Harris offering the Treasury Secretary position for SEC Chairman Gary Gensler has responses coming in from both sides of the aisle. While most everyone believes he would...
Digital Asset Investment Sees $30M Inflow, Bitcoin Dominates Amid Solana Outflows
According to a recent report from CoinShares, digital asset investment products attracted a total inflow of $30 million last week. Bitcoin led the charge with $42 million in inflows, signaling renewed...
Ava Labs COO’s X Account Is Suspected to be Hacked With False Token Launch Information
Key Points: Ava Labs COO Luigi D’Onorio DeMeo’s X account was hacked and used to post false token launch information. The hack is part of a broader trend of crypto-related security breaches, with some...
Who Is Shan Hanes? Former Kansas Bank CEO Sentenced To 24 Years in Prison for Crypto Fraud
Cryptocurrency development has brought billions of people into trading. However, it has also brought thousands of cases of crypto fraud because of lacking crypto regulations. And this is what this for...
ADGM to regulate fiat-referenced tokens for payment in UAE
The UAE’s Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published consultation paper No. 7 of 2024, containing proposals to enhance its regulatory framework to a...
Spot Bitcoin ETFs log $62m in inflows, Ether ETFs continue 3-day outflow streak
Spot Bitcoin ETFs have started this week on a positive note, while spot Ether ETFs continued their third consecutive trading day of negative flows. Data from SoSoValue shows that the 12 spot Bitcoin e...
Pepe Unchained Presale Hits $9 Million – Is It The Next Meme Coin To Explode?
Pepe coin has been trading heavily in the red this week. Is this new token a better alternative? The Pepe coin fails to show resilience in the current bear market situation. Its price has been 6.8% lo...
Jupiter Finds Malicious Chrome Extension, “Bull Checker”
Crypto Exchange Jupiter has identified a malicious chrome extension, “Bull Checker” after the trading platform received complaints from users using Solana DeFi that got drained over the last weeks. T...
Cardano Price Prediction: Will ADA Hit $0.40 After Recent Breakout?
ADA’s price plummeted alongside the broader cryptocurrency market. The drop was triggered by Bitcoin’s fall below $60,000, causing Cardano’s price to tumble from $0.45 to a low of $0.29. However, the ...
DeFi Platforms Respond to WBTC Concerns as Whale Accumulates $118M
TLDR An unknown crypto whale has accumulated 1,953 Wrapped Bitcoin (WBTC) worth $118 million in the past week. This accumulation comes amid controversy surrounding WBTC’s ownership structure after Bit...
Can XRP Price Break New Highs as Whales Exit Exchanges?
Ripple’s (XRP) price has surged back to $0.60 for the first time in 10 days, recording a 7.74% gain in the last 24 hours. This rally aligns with a broader market recovery, making XRP the top gainer am...
Technicals Suggests to ‘Sell Bitcoin’; But Here’s What Waiting for BTC Price Rally
The Bitcoin price is again attempting to regain certain levels, which is expected to revive a strong ascending trend. In the short term, strong bullish action occurred in the early trading hours, whic...
Going with the flow – ING
In quiet markets, the US Dollar (USD) is edging gently lower, FX strategist Chris Turner notes. DXY rallies towards 101 “The big question over the next week is whether the dollar is just drifting to t...
Coinbase Launches Near Protocol (NEAR) and Four Other Altcoins for New York Users
Coinbase, one of the largest cryptocurrency exchanges in the United States, has announced the accessibility of 5 altcoins for users in New York. This latest update was revealed by Coinbase on August 1...
HKMA Issues Alert on Fraudulent Social Media Account and Phishing Messages
Terrill Dicki Aug 20, 2024 07:59 The Hong Kong Monetary Authority warns the public about a fraudulent social media account and phishing messages related to Bank of Singapore Limited. The Hong Kong Mon...
Mexican Peso stalls in uptrend on rumors of carry trade unwinding
The Mexican Peso is stalling in an uptrend on rumors of the carry trade unwinding. Mexican Retail Sales data is scheduled for release on Tuesday. From a technical perspective, USD/MXN is unfolding ...
BlastUP token lists on Bitget and MEXC, unlocking new opportunities
BLASTUP token gets listed on Bitget and MEXC, with trading starting August 20. Bitget offers staking rewards and a giveaway of 572,143 BLASTUP tokens. 30% of BLASTUP supply burned, boosting scarcity a...
Can Polygon’s Reband Provoke 46% Gains?
MATIC price surges with the rest of the market as Bitcoin price sentiment turns bullish. The Polygon community eagerly awaits the rebrand from MATIC to POL, becoming the native gas and staking token f...
Maintains position near 0.6750 with a short-term bullish trend
AUD/USD price may advance further due to a short-term bullish trend. A 9-day EMA has crossed above the 50-day EMA, indicating that price momentum is outpacing the longer-term trend. The pair could exp...
Hong Kong lawmaker calls for legal framework to regulate DAOs
A Hong Kong lawmaker calls for a legal framework to regulate DAOs following a court ruling on a decentralized organization. Hong Kong might begin developing a regulatory framework for decentralized au...
Mango DAO Votes on $223,228 Settlement with SEC over Securities Violations
TLDR Mango Markets, a decentralized crypto exchange on Solana, is considering a settlement with the SEC over alleged securities law violations. The proposed settlement includes a $223,228 civil penalt...
ChatGPT-4o price prediction for AMD stock as it agrees $5 billion deal
In a bid to bolster its competitiveness in the artificial intelligence (AI) arena, Advanced Micro Devices (NASDAQ: AMD) acquired ZT Systems for nearly $5 billion on August 19. This acquisition aims to...
XRP Bollinger Bands Squeeze for a Year, Expert Says Many Not Ready for What’s to Come
The XRP monthly Bollinger Bands have continued to squeeze for a year, with the prospect of a rally similar to previous upsurges. According to market pundit The Great Mattsby (TGM), XRP’s monthly Bolli...
Bitcoin Surges to $61.3K, Bolstering Market
Cryptocurrency market volatility has often dampened investor sentiment, but recent developments are igniting renewed hope. Bitcoin‘s unexpected climb to $61,300 has reinvigorated market confidence. Th...
What is Coinbase Smart Wallet and How to Use It for Your Benefit?
Coinbase struck again with another honorary product — the Coinbase Smart Wallet. Unlike traditional self-custody wallets, which need to be downloaded or use a browser extension, this new type of walle...
Ethereum Price Prediction: A Look at ETH Trends and Future Targets
Ethereum price prediction has become increasingly relevant as the cryptocurrency has been trading within a narrow range, fluctuating between $2,550 and $2,750. This sideways movement, paired with a la...