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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...
Best Crypto to Buy Now 1 August – Trust Wallet, Rocket Pool, Immutable X
2.8.2023
Despite recent changes to macroeconomic policies, analysts warn that Bitcoin could still plummet to $25,000.
Data shows that the 50-day EMA has been persisting as resistance for the past week with Bitcoin having no significant changes to the upside.
Given these challenges, what are the best...
Crypto Whale Invests 460 ETH ($840,000) into New Coin Wall Street Memes – Best Crypto to Buy Now?
1.8.2023
A crypto whale just made a huge investment into one of 2023’s hottest meme coin presales.
Over the course of about five minutes, five different wallets piled 460 ETH (worth nearly $850,000) into the Wall Street Meme’s $WSM token presale.
The coordinated nature of the purchases suggests...
Best Crypto to Buy Now 31 July – Optimism, Compound, Bitcoin Cash
1.8.2023
Bitcoin's price plunged under the psychologically significant support level of $30,000 over the past week, reaching a close of $28,874 today.
The Federal Reserve's decision to increase the rate by 25 bps on July 26 seems to have been largely shrugged off by Bitcoin, however.
As Bitcoin continues...
Best Crypto to Buy Now 27 July – Synthetix, Pepe, Maker
28.7.2023
Mark Yusko, the principal of Morgan Creek Capital Management, a fund management organization with $1.6 billion in its custody, shared some thought-provoking predictions about the future value of Bitcoin today.
He sees the most prominent cryptocurrency achieving a value of $300,000 by the end...
Best Crypto to Buy Now 26 July – Compound, Maker, Theta Network
26.7.2023
In a move to combat ongoing inflationary pressures in the U.S. economy, the Federal Reserve announced a 0.25% hike in its key interest rate, pushing it to a high of 5.5%—a level unseen in 22 years. Despite witnessing a decline in consumer prices for a consecutive 12-month period, June marked a rise...