US PPI inflation depreciated the Dollar Index (DXY) by 0.5% to 102.62. At the time of writing, DXY is trading at 102.47, DBS FX analyst Philip Wee notes. PPI inflation flat at 0% MoM in July “A lower-...
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The rise of neo-banking and its role in banking the underbanked
Emerging nations are the fastest growing regions in crypto adoption and the growing presence of neo-banks plays the biggest role in this growth. Could these innovative platforms be the solution to fin...
What Does Today’s PPI Data Really Mean? Will It Lead to a Strong Rate Cut by the Fed? Here’s What Experts Say
US Treasury yields gained significantly following the weaker-than-expected US Producer Price Index (PPI) report, supporting the Federal Reserve’s strategy of more aggressive rate cuts this year....
AI predicts Lockheed Martin stock price for end of 2024
Heightened geopolitical tensions and a rising number of major active wars ranging from Ukraine, across the Middle East and Africa, and on to Myanmar have, in recent years, given various defense compan...
A reality check on AI: Notes from a Rappler Talk
In recent years, artificial intelligence (AI) has evolved from being a buzzword to a transformative force with profound implications for society. However, as AI becomes more sophisticated, its potenti...
NetMind Commences a Strategic Collaboration with Io.Net
NetMind AI, a decentralized forum to democratize AI-based computing power, has started an exclusive collaboration with Io Net. The partnership between NetMind.AI and Io.Net focuses on expanding the ma...
Which Cryptocurrency to Invest in For August 2024? Here’s New Crypto with 100x Potential
As August 2024 unfolds, investors are searching for the next big opportunity in the cryptocurrency market. One emerging contender catching attention is MoonTaurus (MNTR). This new cryptocurrency has s...
Bitfarms Co-Founder Nicolas Bonta Steps Down From Board
CEO Ben Gagnon has been appointed to the Bitfarms’ board of directors as co-founder Nicolas Bonta steps down from the board. Bonta has been at the center of a takeover battle between U.S.-based Riot P...
BestChange Launches AML analyzer For Checking Crypto Addresses
BestChange, a trending crypto exchanger monitoring platform, introduces a new tool designed to help users check cryptocurrency addresses against Anti-Money Laundering (AML) standards. AML analyzer is...
DRW Venture Capital Invests $150M in Ethereum ETF Amid Rising Inflows
DRW Venture Capital has invested $150 million in the Ethereum ETF, which shows that more institutions are now interested in the product. The investment firm revealed its substantial stake in the produ...
dYdX Chain Upgrade Brings Novel Features And Enhanced Security
Key Points: The dYdX Chain update adds permissionless market listing and MegaVault for better liquidity. MegaVault ensures market liquidity and provides profitable passive income. Users can earn up to...
Hong Kong Monetary Authority Announces Tender of 2-Year Exchange Fund Notes
Rongchai Wang Aug 13, 2024 03:04 The Hong Kong Monetary Authority (HKMA) will hold a tender for 2-year Exchange Fund Notes on 21 August 2024, with a settlement date on 22 August 2024. The Hong Kong Mo...
Dax found a textbook support
DAX made a nice higher degree wave (IV) correction, which looks like a completed complex W-X-Y pullback with perfect textbook support at the former wave I swing high and 38,2% Fibo. retracement. We ca...
Elon Musk’s Interest in Cardano Sparks Price Speculation
Rumored Charles Hoskinson-Elon Musk meeting sparks intrigue and speculation around Cardano’s future developments. Despite misconceptions, Cardano’s strong community engagement suggests genuine support...
The Next Memecoin Sensation: Husky Inu ($HINU)
Husky Inu ($HINU), the latest memecoin from the Solana blockchain, recently launched its presale and exceeded expectations. The project’s early success hits massive potential for future growth. Husky...
Meta AI predicts Solana price for 2025
Following a difficult period for its price, which has seen it decline over 5% in a single week’s time, Solana (SOL) seems to have started to recover, and a newly released artificial intelligence (AI) ...
Tether’s USDT is dominant, but for how long?
With the rise of the Markets in Crypto-Assets Regulation in Europe, questions have risen whether Tether’s USDT stablecoin could maintain its dominance for the long term. Data from rwa.xyz shows that T...
Coinbase Blasts SEC’s Arbitrary Approach to DEX Compliance
Coinbase submitted its third comment letter highlighting significant flaws in the US Securities and Exchange Commission’s (SEC) cost-benefit analysis of the proposed rule. The letter argued that the a...
Grayscale’s Ethereum Trust ETF sees $31M outflow
Grayscale’s Ethereum Trust ETF (ETHE) recently endured a single-day outflow of $31.01 million, marking a return to negative flow rates after a brief period of stability. The latest outflow trend bring...
Iran is offering $20 bounty to snitch on illegal crypto miners
Iran’s state power company is offering citizens who expose illegal crypto miners a $20 bounty as the country struggles with power shortages and severe heatwaves. As reported by Iran International, off...
Of Ethereum, BNB’s price trends: Temporary rally or sustained growth?
Ethereum and BNB witnessed price increases in the past week. Market indicators hinted at a continued price rise. As the crypto market revived, altcoins have also shown immense promise. However, an ana...
WazirX Under Fire; Investors Demand Justice Post $230M Hack
On 18 July 2024, WazirX, India’s largest cryptocurrency exchange experienced a major security breach, which resulted in the loss of $230 Million (₹2,000 crore) of user funds. As the news of the hack c...
Pump.fun appears immune to bad vibes
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! It turns out I’m nearly a year late to...
Here’s How Many Dogecoin Investors Are In Profit Following That Price Crash
The Dogecoin price saw a notable plunge over the last day following the Bitcoin price decline. As a result of this, the profitability of Dogecoin holders has declined. However, the majority of DOGE ho...
AUD/JPY struggles to extend recovery above 98.00 ahead of Aussie Employment
AUD/JPY’s upside appears to have stalled near 98.00 ahead of the Australian labor market data for July. Fading global risk-aversion has weighed on the Japanese Yen. The BoJ is expected to raise its in...
Shiba Inu Launches Fiat-on-Ramp Service for BONE Purchase
Shiba Inu’s marketing lead, Lucie, reveals that the ecosystem team has collaborated with fiat on-ramp service provider Wert to simplify BONE purchases on Shibarium. The partnership led to the introdu...
Japan’s Metaplanet Adds Another ¥500 Million Worth Of Bitcoin To Its Treasury ⋆ ZyCrypto
Advertisement     Japanese investment adviser Metaplanet said it bought an additional 57 Bitcoin (BTC), valued at ¥500 million. The latest acquisition comes days after the Tokyo-based ...
AI sets Apple stock price for end of 2024 as insider trading accelerates
Technology giant Apple (NASDAQ: AAPL) is among the blue-chip companies recording increased cases of insider trading, an element likely hinting at the next trajectory of the equity. Insider trading has...
Binance (BNB) Price Hovers Around $540, Exhibiting Weak Price Action
Binance coin (BNB) price hovers around $540 level, showing weak price action amid market turmoil. Technical analysis reveals a falling wedge pattern and potential bullish convergence. Analysts specula...
Trump-Musk Interview Skips Crypto Talks, Ignites Questions Amid Market Surge
Trump’s chat with Musk skipped crypto, defying big bets on Polymarket. Bitcoin’s omission from the interview reflects persistent cryptocurrency uncertainty. Former President Donald Trump’s interview w...
DEX activity extracted $518M from Solana in the form of fees
Fees are good news for some networks, as they signal activity. High fees also redistribute tokens, creating a new class of potential holders or sellers. Solana fees are a requirement to motivate netw...
3AC liquidators file lawsuit against Terraform Labs seeking $1.3 billion in damages
Three Arrows Capital (3AC) liquidators have filed a lawsuit against Terraform Labs, seeking $1.3 billion in damages for TerraLUNA’s collapse. The legal action, filed on Aug. 12, claims that Terraform ...