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Biggest Movers: TON Moves Towards $1.90, XLM Remains Near Recent Highs
7.9.2023
Toncoin was a big mover on Thursday, as the token rose by nearly 4%, closing in on the $1.90 level in the process. The rally came despite crypto price consolidation, with the global market cap largely unchanged as of writing. Stellar also surged, remaining near a recent two-week high. Toncoin (TON)...
Bitcoin, Ethereum Technical Analysis: ETH Stalls Around Key Price Floor, as BTC Bulls Remain Sidelined
7.9.2023
Ethereum continued to trade around a key price floor of $1,630 on Thursday, as price uncertainty in the market remained high. Volatility has slowed in recent days, leading to crypto prices mostly trending sideways. Bitcoin fell below a support point of its own earlier in today’s session....
7 Spot Bitcoin ETFs Face Extended Wait as SEC Seeks Deeper Analysis
31.8.2023
The U.S. Securities and Exchange Commission (SEC) has deferred decisions on seven spot bitcoin exchange-traded fund (ETF) applications from Invesco Galaxy, Wisdomtree, Bitwise, Vaneck, Fidelity’s Wise Origin, Blackrock, and Valkyrie. In statements released on Thursday, the SEC underlined...
Biggest Movers: DOGE Remains Near 2-Week High, SOL Nears Move Below $20
31.8.2023
Dogecoin stayed close to a two-week high on Thursday, as markets rebounded from a slight sell-off during yesterday’s session. Traders moved to secure profits over the last 24 hours, following strong gains on Tuesday. Solana neared a drop below $20. Dogecoin (DOGE) Dogecoin (DOGE) remained close...
Bitcoin, Ethereum Technical Analysis: BTC Erases Recent Gains as US GDP Disappoints
31.8.2023
Bitcoin edged lower once again on Thursday, as traders continued to capture profits following gains on Tuesday. The latest drop followed data revealing U.S. gross domestic product growth in the second quarter that undershot expectations. Ethereum likewise declined, dipping under $1,700. Bitcoin...
Bankman-Fried Lawyers Seek Client’s Temporary Release for Trial Prep
29.8.2023
Sam Bankman-Fried’s high-powered legal team is pushing for the FTX founder’s temporary release from jail ahead of his October trial on fraud charges. In a motion filed Thursday, lawyers Mark Cohen and Christian Everdell claim Bankman-Fried’s Sixth Amendment rights are being...
BRICS Invites 6 Countries to Join, Including Saudi Arabia, UAE, Iran
25.8.2023
The BRICS economic bloc has invited six countries to become new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. The BRICS leaders wrapped up their 15th annual summit on Thursday. “We have reached agreement on the guiding principles, standards, criteria,...
Founders of Crypto Mixer Tornado Cash Accused of Laundering $1 Billion
24.8.2023
The founders of the cryptocurrency mixing service Tornado Cash were charged Thursday with allegedly helping to launder more than $1 billion in digital currency, including funds taken by North Korean hackers. Department of Justice: ‘You Can’t Hide From Us Behind a Keyboard — Whether You’re a Hacker...
Biggest Movers: SOL Recovers From Recent Declines, BNB Extends Gains
24.8.2023
Solana continued to trade higher during Tuesday’s session, following a recent breakout below a support point of $20.00. Momentum in the market has begun to gradually pick up in recent days, ahead of Friday’s Federal Reserve Jackson Hole annual meeting. BNB remained in the green....
Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week High, as Bulls Move to Buy the Dip
24.8.2023
Bitcoin rebounded from recent lows on Thursday, as bulls moved to buy the dip, following a drop below the $26,000 level. The rally comes as traders rejected a full breakout below a key support point of $25,600. Ethereum was also back in the green during today’s session. Bitcoin Bitcoin...
Elon Musk’s Spacex Writes Down Bitcoin Worth $373 Million
19.8.2023
Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency. According to reports, Tesla, another company run by billionaire Elon Musk, has taken a similar approach with its bitcoin holdings. Spacex...
Bitcoin Dips Below $26K in Crypto Market Whirlwind; $1 Billion Liquidated Amid Top Coins’ Tumble
18.8.2023
Bitcoin’s value briefly slipped below the $26K threshold at 5:50 p.m. Eastern Time on Thursday before swiftly rebounding past the $26,000 benchmark. Concurrently, the expansive crypto landscape experienced an 8% tumble against the U.S. dollar, teetering dangerously close to dropping below...
Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin
17.8.2023
According to the crypto exchange Bybit, the trading platform plans to list Paypal’s stablecoin soon. Amid Bybit’s announcement, Paypal’s PYUSD token has seen little movement as most of the supply is held by the contract and the Paxos Treasury. Dubai-Based Bybit Prepares to List...
Biggest Movers: SHIB Slips to 2-Week Low, SOL Snaps Losing Streak
17.8.2023
Shiba inu fell lower for a fifth straight session on Thursday, resulting in the meme coin dropping to a 13-day low. Since hitting a four-month high last Saturday, SHIB has struggled to find a firm floor. On the other hand, Solana ended a recent losing streak. Shiba Inu (SHIB) Shiba inu (SHIB) was...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Near 2-Month Lows as Bears Regain Momentum
17.8.2023
Bitcoin extended recent declines on Thursday, as the cryptocurrency moved towards a two-month low. Bearish sentiment increased following the latest Federal Open Market Committee (FOMC) minutes, where the Federal Reserve hinted at further rate hikes. Ethereum fell below $1,800 today. Bitcoin Bitcoin...
US Inflation Climbs to 3.2% in July, Stoking Concerns and Dividing Market Opinions
10.8.2023
The most recent data from the Bureau of Labor Statistics reveals a growingly intricate inflationary scenario for the U.S. economy. Disclosed on Thursday, the Consumer Price Index for All Urban Consumers (CPI-U) exhibited a 3.2% annual increase in July, primarily propelled by housing expenses. This...
Biggest Movers: LINK Retreats From 2-Week High, as XRP Drops 5%
10.8.2023
Chainlink declined from a recent two-week high on Thursday, as market uncertainty rose around the latest U.S. inflation report. As consumer prices rose to a reading of 3.2% in July, traders so far seem unsure on how to process this data. XRP fell by nearly 5% today. Chainlink (LINK) Chainlink...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip on Thursday, Despite Inflation Cooling Off in US
10.8.2023
Bitcoin retreated from a recent high on Thursday, in light of a much anticipated inflation report from the United States. The consumer price index declined to an annual rate of 3.2% last month, with core inflation falling to 4.7%. Ethereum also slipped into the red. Bitcoin Bitcoin (BTC) gave...
Bitcoin Price Retargets $30,000, But This Ethereum-Based Alternative Could See More Explosive Upside – Staking Starts Today, Lists on DEXs Thursday
9.8.2023
The Bitcoin price (BTC) is rallying to retarget $30,000, but analysts are tipping exciting new Ethereum-based Bitcoin alternative BTC20 for explosive upside when it lists on Thursday 10th.
Staking of the BTC20 token starts later today at 3 pm UTC....
Read More: Bitcoin Price Retargets $30,000...
Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials
3.8.2023
Saudi Arabia announced it will continue limiting oil production through September, extending output reductions that have drawn criticism from Washington. Riyadh Holds Firm on Oil Output Limits Saudi Arabia said Thursday it will keep oil production nearly one million barrels per day below its quota...