Search
FTX Estate Stakes 5.5 Million SOL; Millions Locked Until 2028
14.10.2023
Blockchain records have shed light on a development involving the trustees of the now-defunct exchange FTX, who are overseeing its bankruptcy proceedings. They have committed 5.5 million solana (SOL) for staking. Meanwhile, the current market value of FTX’s total solana assets is a hefty...
Biggest Movers: SHIB Hits 6-Day High to Start the Weekend
14.10.2023
Saturday saw shiba inu climb to its highest point since Monday, as bulls made a slight return to the market. The meme coin rose by as much as 4% on Saturday, as the global crypto market cap made gradual gains to start the weekend. Solana was another notable mover, climbing above the $22.00 zone....
Bitcoin, Ethereum Technical Analysis: BTC Falls on Saturday, Following Brief Spell Above $27,000
14.10.2023
Bitcoin retreated from a brief spell above $27,000 on Saturday, as uncertainty in the market remained high to start the weekend. The global cryptocurrency market was marginally higher to start the weekend, trading 0.42% higher as of writing. Ethereum continued to consolidate above a recent floor...
India’s Central Bank RBI Launches CBDC Pilot in Call Money Market
14.10.2023
India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its e-rupee testing to cover the entire wholesale...
Stablecoin Market Navigates Shifting Sands as Tether Announces New CEO and USDR Depegs
13.10.2023
The stablecoin landscape has been stagnant for the last two months, barely exceeding $123 billion as we approach the third week of October. Even though fiat-pegged token trading saw a spike this week, on October 13, stablecoin transactions made up 22.96% of the global crypto economy’s trade...
Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap
13.10.2023
Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%, indicating changes in market sentiment and presenting...
Biggest Movers: DOGE Rallies, After Bouncing From Key Support Point
13.10.2023
Dogecoin was a notable mover on Friday, as the meme coin rebounded from a key support point. The move came after two consecutive days of declines, pushing price near a two-month low. Solana also ended a losing streak in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) rose higher in today’s...
'Brands are Eager to Tap into Emerging, Affluent, and Cool Crypto Market', Says Boson Protocol Co-Founder Justin Banon
13.10.2023
Talking with Cryptonews, Justin Banon, Co-Founder of Web3’s decentralized commerce layer Boson Protocol, discussed why legacy brands dress up Web2 into Web3, and how the next bull run will separate ‘fake’ from ‘real’ Web3 solutions....
Read More: 'Brands are Eager to Tap into Emerging, Affluent...
Worldcoin Unveils Enhanced State Bridge; Registers 2.35M Users as WLD Market Dynamics Shift
13.10.2023
This week, the iris-scanning Worldcoin project introduced a state bridge into its framework. This feature enables users to create and link their own bridge with the global identity, World ID, and any blockchain that’s Ethereum Virtual Machine (EVM) compatible. Data further shows that...
Bitcoin, Ethereum Technical Analysis: BTC Bulls End a 5-Day Losing Streak
13.10.2023
Bitcoin ended a five-day losing streak on Friday, as the cryptocurrency appears to have found an interim price floor. This comes as traders continued to react to yesterday’s U.S. inflation report, which remained unchanged at 3.7%. Ethereum also edged marginally higher, following its...
Can the crypto market break $1.5 trillion? These 2 tokens crypto prices could boost market cap
13.10.2023
The crypto market is not having the greatest time in its history, with Bitcoin down by under 3% in the past week and Ethereum by nearly 5%. Most tokens are down, and the concern is that there may be a prolonged state of the market being in somewhat middling price territory. That has certainly been...
Bitcoin Price Prediction: BTC Slips 3% as Cryptocurrency Market Reacts to CPI Data as JPMorgan Awaits SEC's ETF Verdict
13.10.2023
Amidst fluctuating global events, Bitcoin is once again in the spotlight. As it currently trades at $26,831, marking a slight uptick of over 0.10% on Friday, but it fell nearly 3% in the last seven days. The entire cryptocurrency market holds its breath in anticipation of various influencing...
SURF 2 Earn by SURF Reward is set to transform the crypto market
13.10.2023
The crypto world constantly evolves, offering diverse opportunities for individuals to generate income. In the past 18 months, innovative earning methods have gained traction. Among these, SURF 2 Earn, introduced by the new crypto venture SURF Reward ($SURF), stands out as one of the most...
JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade
13.10.2023
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to convert shares in one of its money market funds into digital...
Stocks fall, yields rise as inflation data comes in hotter than expected
12.10.2023
The stock market declined on October 12 as the US BLS released new data showing prices rose faster than expected
Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data
12.10.2023
ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates
US Inflation Rises Beyond Projections: Markets Jittery, Rate Hike in Question
12.10.2023
In September, U.S. inflation surpassed expectations, with the U.S. Bureau of Labor Statistics revealing a 3.7% year-on-year surge in the consumer price index (CPI), as per the latest data. While core inflation slightly decreased from 4.3% to 4.1%, market pundits anticipate that the U.S. Federal...
Biggest Movers: XRP Losing Streak Extended to a 6th Day
12.10.2023
XRP has been one of the week’s most notable movers, with price moving lower for six straight days. The latest decline comes as the global cryptocurrency market cap fell by over 1% in today’s session. Solana also slipped, nearing a floor of $21.00 in the process. XRP XRP, formerly...
Stocks across Asia and Europe rise on Economic growth indicators
12.10.2023
Stocks across Asia Pacific region marked second consecutive day of bullish growth while European stock market reach 3-week high
Billionaire Investor Paul Tudor Jones Backs Bitcoin and Gold Amid Market Challenges
12.10.2023
Renowned investor Paul Tudor Jones has shared his bearish outlook on stocks while expressing optimism for gold and Bitcoin (BTC).
In a recent interview with CNBC, Jones cited two main reasons for his cautious stance, including the potential escalation of the conflict between Israel and Hamas...