In a notable policy reversal, US Senate Majority Leader Chuck Schumer has pledged to prioritize the passage of crypto-focused legislation by the end of 2024, as digital assets have been a constant foc...
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Rallies to near 0.6030 on upbeat market sentiment
NZD/USD soars to near 0.6030 as market sentiment favors risky assets. The RBNZ surprisingly announced an interest rate cut by 25 bps on Wednesday. Firm Fed rate-cut prospects keep the US Dollar’s upsi...
BitGo moves to allay fears over WBTC custodial changes
BitGo is preparing to expand management of wrapped bitcoin (WBTC), worth $9.2 billion, to two new entities in Hong Kong and Singapore within two months. The company announced last Saturday that it pla...
Dubai Courts Historic Ruling: Crypto Is Accepted For Salaries
The United Arab Emirates has its image as a crypto-favoring country, where it was among the first few nations to openly endorse and develop this industry. Moreover, Dubai, a city in UAE, is the hub fo...
Bitcoin price analysis as whales buy $240 million BTC in a week
Bitcoin (BTC) highly capitalized investors known as “whales” are showing growing optimism at current prices, buying and accumulating the cryptocurrency. These whales accumulated nearly $240 million wo...
Trump Based Memecoins Stumble as Harris Leads in New Poll
Trump-based memecoins have sharply declined from its recent highs. Kamala Harris has a 10% lead over Donald Trump’s odds in a new poll. Trump-themed memecoins have sharply declined following new poll...
India and Russia to Enhance Trade With Rupee-Ruble Payments
India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers. The talks aim to facilitate rupee-ruble trade and ad...
Commodity prices are a drag – ING
USD/BRL has come off sharply from its early August spike to 5.80. The broad turn lower in the US Dollar (USD) and the global equity market recovery are helping, ING’s FX strategist Chris Turner notes....
IMF proposes 85% power tax hike on crypto and AI data centers
The International Monetary Fund (IMF) has proposed higher energy taxes to reduce emissions from crypto miners and artificial intelligence (AI) data centers, according to an Aug. 15 report. The IMF arg...
BTC Struggles, But These 3 Altcoins Are Ready for a 70x Surge This Year
Bitcoin faces challenges, yet there’s excitement in the crypto world. While BTC’s path seems rocky, three alternative coins are poised for a massive surge. Could these lesser-known assets ...
Set to test the 0.6660 level – UOB Group
The Australian Dollar (AUD) is expected to trade in a range, probably between 0.6580 and 0.6640, or withing a broader range between 0.6545 and 0.6660, UOB Group Quek Ser Leang and Lee Sue Ann note. Bu...
CryptoQuant Analyst Predicts Potential Bitcoin (BTC) Price Drop to $40K
Bitcoin (BTC) prices have been experiencing significant declines influenced by bearish trends, as analyzed by CryptoQuant. The analyst utilized the Net Unrealized Profit/Loss (NUPL) metric to highligh...
Circle CEO Announces USDC Tap-to-Pay Coming to iPhones
TLDR Apple is opening up its NFC chip to third-party developers, allowing for non-Apple Pay contactless payments on iPhones Circle CEO Jeremy Allaire announced that tap-to-pay functionality for USDC o...
Evolves a new short-term uptrend
USD/CHF is making higher highs and higher lows as it tracks higher since the August 4 lows. The pair is probably in a short-term uptrend which is expected to continue rising. USD/CHF has established...
Is Dogecoin Headed For A 40% Slide? This Analyst Thinks So
Dogecoin has finally reached a very precarious moment. The former darling of the meme token world turned into a bearish trend, with recent charts unveiling a concerning decline. Related Reading Analys...
Dubai Court of First Instance affirms crypto as a validity salary payment method
Dubai Court validates salary payments in cryptocurrency, shifting from prior stance. The employee’s contract in the case in question included both fiat and EcoWatt tokens as payment. The ruling sets a...
Crypto Analyst Says the ‘Only Chart To Watch’ Is Flashing a Bullish Signal for Altcoins – Here’s His Outlook
A widely followed crypto analyst says that the chart of the market cap for most digital assets is flashing a bullish signal against Bitcoin (BTC). Crypto trader Michaël van de Poppe tells his 723,100 ...
Memecoin Creation Platform Boost: Justin Sun’s Bold Bet
Key points: Sun.io, the DeFi platform associated with Tron founder Justin Sun, has released a token generator dubbed SunPump. The new platform will rival Solana’s pump.fun token generator. $10 million...
South Korea’s NPS Invests in MicroStrategy
South Korea’s National Pension Fund (NPS) has made a significant investment by purchasing MicroStrategy shares valued at $34 million during the second quarter of 2024. This strategic decision is seen ...
FTSE 100 (UK) Index Elliott Wave technical analysis [Video]
FTSE 100 (UK) Elliott Wave Analysis Trading Lounge Day Chart FTSE 100 (UK) Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Orange Wave 5. Position: Navy Blue Wave 3. Direc...
Worldcoin to integrate tech into Malaysia’s infrastructure
Sam Altman’s crypto venture Worldcoin has signed a deal with Malaysia’s research arm to integrate its technology into the country’s digital infrastructure. The Worldcoin Foundation, Tools for Humanity...
BlockDAG’s 5800% ROI Zooms Past Avalanche’s Growth & ICP’s Comeback; Catch Batch 21 Before It’s Gone!
The final lineup of top crypto projects for 2024 is out, and it includes Avalanche (AVAX), Internet Computer (ICP), and BlockDAG (BDAG). Avalanche, boasting a solid $7.2 billion in Total Value Locked ...
A step away from the 1.2900 level – UOB Group
The Pound Sterling (GBP) could edge higher; there does seem to be enough momentum for it to reach 1.2900. While GBP could rebound, the likelihood of it reaching 1.2950 is not high, UOB Group Quek Ser ...
New Whale Amasses 397 Billion Shiba Inu Amid Bearish Market
Shiba Inu (SHIB) continues to capture attention even in a bearish environment for meme coins. Recent data reveals that a single wallet has accumulated an impressive 397.845 billion SHIB tokens last w...
Positive Streak Ends in US Spot Ethereum Exchange Traded Funds (ETFs) as Bitcoin ETFs Recover! Here Are the Details
U.S. spot Ethereum exchange-traded funds (ETFs) experienced significant net outflows of $39.21 million on Thursday, ending a three-day streak of positive inflows. Spot Ethereum ETFs End Positive Strea...
Trump’s financial disclosure shows $5 million in crypto holdings, $7M in NFT gains
A recent personal financial disclosure by Donald Trump reveals that the former president owns around $5 million in cryptocurrencies. The document also shows he has made over $7 million through non-fun...
South Korea’s NPS Acquires $33.75M Worth MicroStrategy Stocks
Market News South Korea’s NPS has invested $33.75 million in MicroStrategy by acquiring 245,000 shares. This investment follows NPS’s earlier purchase of 282,700 Coinbase shares. South Korean civil se...
Solana To Become A Household Blockchain By 2027, Rollblock Sees 100% Gains, XRP Firing On All Cylinders! Is The Bull Run Here?
Solana has stolen the spotlight from ancient Layer-1 protocols like Ethereum thanks to its low fees, fast transaction speeds, and bustling meme coin sector. XRP, meanwhile, is showing signs of life af...
First look at August consumer confidence – ING
The US Dollar (USD) received a lift from the better-than-expected retail sales data yesterday, ING’s FX strategist Chris Turner notes. DXY set to drop to 102.15/25 next week “The data has prompted inv...
Are Chainlink (LINK) Traders Right About the Looming Decline?
Chainlink (LINK) has been hovering around $10 for several days, reflecting a 25.91% decline over the past month. Amid heightened market volatility, holders remain hopeful for a recovery. However, futu...
Spot ETH ETFs Record $39.21M Net Outflows On Thursday Breaking 3-Day Positive Streak
Crypto Live News Author: Nidhi Kolhapur Nidhi Kolhapur Author Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares...
South Korea’s NPS Ups Bitcoin Exposure with $33.7M MicroStrategy Stock Acquisition
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund by assets, recently made headlines with a significant investment move. The NPS acquired $33.7 million worth of Micr...