French CPI surprised yesterday, but the global investor community quickly agreed this was down to a short-term boost to services from the Olympic games, which translated into a likely spurious boost i...
News
Russia to launch crypto exchanges for global trade in Moscow and St Petersburg
Russia is reportedly exploring the establishment of two crypto exchanges to facilitate foreign economic activities, local media outlet Kommersant reported on Aug. 23. The proposed exchanges will be lo...
Top Economist Predicts Bitcoin Price Top Before Recession Begins
Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rall...
Here’s why Peloton (PTON) stock is surging
In one of the biggest daily gains in 2024, Peloton (NASDAQ: PTON) stock added 35% to its value in a single trading session after the company announced surprise quarterly revenue growth for Q4. This co...
Will Shiba Inu (SHIB) End Its Bearish Streak with a 40% Surge?
Shiba Inu’s (SHIB) price is close to making a move that could free the meme coin from its five-month-old curse. The inventors also support this outcome and are doing their best to make it happen. Shib...
Bitcoin Price (BTC) Gains 1.1% While Ether Price (ETH) Rises 2.1%
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Best Forex Brokers with High Leverage in 2024
High leverage forex trading is fairly standard practice due to the nature of forex markets, especially when it comes to major currency pairs with low volatility. Since the price movements in these pai...
Clucoin Founder Austin Taylor Pleads Guilty to Wire Fraud, Misusing $1.14 Million in Investor Funds
The recent plea agreement by Austin Michael Taylor, founder of Clucoin, sheds light on the darker side of cryptocurrency fundraising. This case highlights significant risks associated with Initial Coi...
4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage
As Bitwage celebrated its 10-year anniversary today, the company highlighted its growth in enabling Bitcoin and crypto payroll solutions. Since 2014, Bitwage has focused on bringing transparency and e...
GBP/USD bulls push towards the 1.3144 resistance
GBP/USD: Bulls push towards the 1.3144 resistance – UOB Group Price action suggests there is scope for Pound Sterling (GBP) to rise to, and potentially break above the 2023 peak of 1.3144, UOB Group F...
ICMA clarifies repurchase agreement for digital assets
The International Capital Market Association (ICMA), a not-for-profit global trade association for participants in the cross-border debt capital markets, has published a digital assets annex for its G...
Garanti BBVA Adds XRP – Latest cryptocurrency news
XRP investors received exciting news as Garanti BBVA, one of Turkey’s prominent banks, expanded its cryptocurrency offerings by incorporating XRP into its crypto application. This development allows X...
August Markets Face 11 Phishing Attacks, Investors Lose $57M
Decentralized finance has become marred with financial evils found in traditional finance. According to a recent report by CertiK, investors have lost $57 million to phishing attacks recorded in 11 ph...
164.2M in Tokens Scheduled for Release This Week
Over $164M in token unlocks this week could drive market volatility and trading activity. SUI and OP lead token unlocks with notable price gains ahead of their scheduled releases. ZetaChain’s large un...
How Base Dominates Layer 2 with 40% More Active Addresses
Base Network leads Layer 2 with nearly 40% more daily active addresses than Arbitrum and Optimism combined. Base’s total value locked surged over 200% to reach $3 billion in just a few days According ...
July cut was considered, while more appropriate to cut in September – UOB Group
While the FOMC members ultimately voted to stay on pause for the 8 th consecutive time in July, the minutes of the July FOMC indicated that participants viewed the incoming data as enhancing their con...
Japanese e-commerce giant DMM Group considers stablecoin pilot
Japan-based electronic commerce DMM Group and Progmat have begun a joint exploration into issuing a stablecoin. DMM.com, along with its affiliate DMM Crypto, is collaborating with Progmat to explore t...
This Altcoin Listed on Binance Crushed Bitcoin and Ethereum! What Are the Reasons Behind the Huge Rally?
AAVE, the native token of decentralized crypto lending platform Aave, has surged by over 45% in just four weeks to $135. While this rise of AAVE is notable, AAVE has surpassed all of the top 100 crypt...
Russia plans to peg China’s Yuan to its new stablecoin
According to a Kommersant source, Russia has revealed plans to launch two State-linked crypto exchanges to incorporate digital payments for trade settlements. The two crypto exchanges will operate in ...
Bitcoin’s evolution into DeFi is inevitable — and it’s about time
We need to embrace Bitcoin as the foundation for DeFi in order to create a more secure and resilient financial ecosystem. Otherwise, we’ll miss the opportunity to leverage the most stable and proven b...
Revolutionary Bitcoin Staking Unlocks Self-Custodial Staking Capabilities
The long-anticipated moment in the Bitcoin community has arrived—self-custodial Bitcoin staking is now a reality. The launch of the Babylon Bitcoin Staking Mainnet Phase-1 marks a significant mileston...
Falls to cluster of major support levels and lower channel line
EUR/GBP has fallen to a cluster of support at the level of the lower trendline of its falling channel. There is a good chance the pair could find its feet and recover from this key technical level. ...
Shiba Inu Silent Accumulation Phase Eyes 330% Surge
Shiba Inu (SHIB) has been experiencing a sideways trading pattern in recent weeks, signaling a potential accumulation phase that analysts believe could end with a 330% surge. This ongoing phase is cha...
Why DeFi Could Be Your Best Investment in 2024: Insider Insights Revealed
Decentralized finance (DeFi) is experiencing a notable resurgence, now ranking third in popularity behind AI and Memes. According to a recent Steno Research report, DeFi is on track for a significant ...
Ubisoft ‘aware’ of Ubi+ accounts issue; a major update coming soon
Ubisoft acknowledged a technical issue affecting Xbox gamers. Players reported on social media that they were experiencing an issue that barred them from accessing their Ubisoft+ subscriptions. The co...
BTC and Ethereum demonstrate distinct hourly trends around US market hours
Quick Take A recent analysis of BTC and Ethereum returns, based on Velo data, reveals distinct hourly patterns in price behavior, particularly around US market hours (data is UTC zone). One key observ...
BNB Chain to Sponsor ETHTokyo Hackathon with Exciting Challenges
Lawrence Jengar Aug 23, 2024 11:10 BNB Chain joins ETHTokyo as a gold sponsor, offering two challenges with $2,500 prizes for innovative Web3 solutions. BNB Chain has announced its participation in ET...
ETFSwap Offers a Promising Alternative
The meme coin sector seems to have been hit hard by the few market corrections, with the price of popular meme coin Shiba Inu (SHIB) crashing; however, investors are confident in the ETFSwap (ETFS) to...
Tron Meme Coins, Hamster Kombat, and More
This week, the crypto sector has been brimming with intriguing developments, from internal conflicts impacting airdrops to rumors of regulatory changes in China. However, Tron meme coins were the talk...
Crypto Price Analysis 8-23 BTC, ETH, SOL, DOGE, ADA, DOT, WIF
Bitcoin (BTC) has held firm above $60,000, although its price has not seen much movement. The asset is trading around the $60,700 price level. The crypto market cap currently stands at $2.15 trillion,...
Why Ford believes its $1.9 billion EV shift will benefit the automaker
A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT – Ford Motor‘s profit engine for ...
XRP Price Surge: Is a Historic Breakout on the Horizon?
XRP has shown remarkable bullish momentum this week, gaining nearly 7% as it approaches the weekend. This surge has lifted XRP back to the $0.6 level, a mark it previously struggled to maintain follow...