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Best Crypto to Buy Now August 31 – Maker, Mantle, dYdX
1.9.2023
The U.S. Securities and Exchange Commission (SEC) announced on August 31 that it will postpone decisions on proposed rule changes related to spot Bitcoin exchange-traded funds (ETFs) until October.
The SEC is postponing judgments on proposed rule changes that would allow Fidelity (Wise Origin)...
Best Crypto to Buy Now August 29 – XDC Network, Avalanche, Algorand
30.8.2023
Bitcoin jumped to a two-week high on Tuesday, August 29, after digital asset manager Grayscale won a lawsuit against the U.S. Securities and Exchange Commission (SEC).
Bitcoin's price gained $1,400 within the first hour after the news broke. The ruling by the U.S. Court of Appeals for the District...
Best Crypto to Buy Now August 28 – THORChain, dYdX, Bitcoin SV
29.8.2023
Since reaching a high of nearly $69,000 in November 2021, Bitcoin has experienced a massive pricess drop, marking the cryptocurrency's most prolonged bear market so far.
The world's largest cryptocurrency by market cap has remained in a bearish state for almost 490 days, a fact emphasized...
Best Crypto to Buy Now August 25 – Rollbit Coin, Unus Sed Leo, Livepeer
26.8.2023
Speaking at the Kansas City Fed's annual Jackson Hole economic policy symposium on Friday, Federal Reserve Chair Jerome Powell signaled the central bank is willing to continue aggressive interest rate hikes to curb high inflation.
Powell put emphasis on the urgency of not letting up on bringing...
Best Crypto to Buy Now August 24 – Render, Immutable X, Internet Computer
24.8.2023
Financial markets are watching closely as Federal Reserve Chairman Jerome Powell prepares to speak at the annual Jackson Hole meeting this Friday.
A vital calendar event for central bankers and market watchers, the meeting will offer a platform for discussing changes in monetary policies...
Best Crypto to Buy Now August 23 – Toncoin, Binance Coin, Tron
23.8.2023
With cryptocurrency prices experiencing a downturn and the S&P Global US manufacturing PMI slipping to 47 in August from 49 in July, a surprising supporter for Bitcoin has come forward—U.S. presidential candidate Robert F. Kennedy Jr.
Kennedy, who has been an advocate for civil liberties, used...
Best Crypto to Buy Now August 22 – Render, Monero, Algorand
23.8.2023
One of today's biggest crypto news stories comes from Binance, the world's largest cryptocurrency exchange by trading volume.
On August 22, Binance announced the gradual launch of a new copy trading feature on its futures platform which went live at 6:45 AM UTC.
In light of this development, what...
Best Crypto to Buy Now August 21 – Rollbit Coin, Monero, Optimism
21.8.2023
Bitcoin's daily relative strength index (RSI) has plunged below 20, reaching lows not seen since the March 2020 COVID-19 pandemic crash.
This significant oversold reading is sparking discussion about a potential price rebound.
With this in mind, what are the best cryptos to buy now?...
Best Crypto to Buy Now August 17 – THORChain, Kava, Cosmos
17.8.2023
Crypto markets are under broad selling pressure on Thursday amid a combination of macro and technical selling pressures.
Bitcoin (BTC) was last down around 3%, having recently slipped below its 2023 uptrend to new multi-month lows under $28,000.
Ether (ETH) fell around 3.7% on Thursday, trading...
Best Crypto to Buy Now August 16 – SEI, THORChain, Toncoin
17.8.2023
Cryptocurrency markets fell on Wednesday, with total market cap dropping by around $16 billion to around $1.1 trillion, Bitcoin (BTC) dropping 1.5% to around $28,700 and Ether (ETH) dropping 1.1% to just above $1,800, where it is now finding support from its 200DMA.
Downward moves in the crypto...
Best Crypto to Buy Now August 15 – THORChain, XinFin, Hedera
15.8.2023
Blue chip cryptocurrency markets have seen limited to no reaction to the latest US Retail Sales figures for July, which should underpin optimism that the US economy remains far from recession.
Bitcoin (BTC) was last trading in the $29,100s and Ether (ETH) in the $1,820s, with the latest data doing...
Best Crypto to Buy Now August 14 – Hedera, Render, ApeCoin
14.8.2023
Major cryptocurrencies are trading with a modestly positive bias on Monday, with the likes of Bitcoin (BTC) up close to 1% in the last 24 hours, and Ether (ETH) slightly in the green, with both still stuck within recent ranges.
Volatility levels remain stuck at historic lows, with Bitcoin just...
Best Crypto to Buy Now 11 August – Fantom, Rocket Pool, Sui
11.8.2023
The U.S. Securities and Exchange Commission (SEC) has opted to postpone its decision on Ark Invest's proposal for a Bitcoin ETF, continuing a longstanding challenge for cryptocurrency assets seeking inclusion on mainstream U.S. financial platforms.
The SEC announced on Friday its move to solicit...
Best Crypto to Buy Now 10 August – Aptos, Rocket Pool, Maker
11.8.2023
U.S. inflation metrics saw a notable rise recently, with the Consumer Price Index (CPI) experiencing a 3.2% increase over the past year leading up to July.
Despite the financial development indicated by this data released by the Bureau of Labor Statistics (BLS) on Thursday, the performance...
Best Crypto to Buy Now 9 August – Rollbit Coin, Toncoin, Hedera
9.8.2023
The United States Federal Reserve announced on Tuesday an enhanced oversight program concerning lenders' interactions with cryptocurrencies.
This decision follows a string of measures from U.S. regulators designed to curtail banks’ direct involvement in cryptocurrencies.
In light of this...
Best Crypto to Buy Now 8 August – Hedera, MultiversX, Algorand
8.8.2023
The Securities and Exchange Commission (SEC) is anticipated to give the green light to spot Bitcoin ETF applications from financial giants BlackRock and Invesco.
According to Mike Novogratz, CEO of Galaxy Digital, the approval could occur within a four to six-month window.
Considering this...
Best Crypto to Buy Now 7 August – XDC Network, Kaspa, Algorand
7.8.2023
PayPal, the global payments giant, continued its journey into the cryptocurrency space with the launch of its own stablecoin today, PayPal USD (PYUSD).
This development marks a significant stride since PayPal's initial foray into the cryptocurrency industry in late 2020.
Given this development...
Best Crypto to Buy Now 4 August – GMX, XDC Network, Injective
4.8.2023
One of the largest pieces of news impacting crypto markets today is that Coinbase has requested the dismissal of a lawsuit filed against them by the United States Securities and Exchange Commission (SEC), according to an announcement made today by Paul Grewal, the company's Chief Legal Officer....
Best Crypto to Buy Now 3 August – Flex Coin, XDC Network, Hedera
4.8.2023
Hong Kong has taken a major step today in embracing cryptocurrency by granting a retail trading license to HashKey, making it the first platform in the country to receive such authorization.
This development signals Hong Kong's intent to become a crypto hub in Asia, providing easy access...
Best Crypto to Buy Now 2 August – XDC Network, Kaspa, Maker
3.8.2023
Major cryptocurrencies saw an increase in their prices in the final hours of trading yesterday, coinciding with the news of MicroStrategy Inc's financial recovery in Q2.
Considering this latest development of the business intelligence giant reporting a substantial improvement in its financial...