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Analysts come unglued ahead of Nvidia earnings call — $10T within 5 years
23.8.2024
The Sept. 28 earnings report is being called the most important event of the year for the stock market
Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts
23.8.2024
Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target...
Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge
23.8.2024
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M...
Tether shuns blockchain launch, cites market concerns
23.8.2024
Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms
$24M CryptoPunk sale shows either ‘NFTs are over’ or ‘this is the bottom’
23.8.2024
SideShift.ai CEO Andreas Brekken believes CryptoPunk ##5822 was “most definitely” sold at a loss and that NFTs are “going to zero.”
Daily Crypto Update: Market finds stability before the week ends
23.8.2024
The crypto industry is looking forward to ending the week on a positive note. After an abysmal start…
Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal
23.8.2024
The rising amount of Bitcoin OTC desk balances for miners indicates “significant selling activity” among miners
Tron’s Sun Pump Debut Sparks New Highs in Meme Coin Market
22.8.2024
Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics reveals that close to 30,000 Sun Pump-issued tokens have been minted to date, with an impressive 7,531 tokens created just this past Wednesday. Tron’s Meme Coin...
Bitcoin exchange inflow has fallen sharply in August — CryptoQuant
22.8.2024
Exchange inflow gauges potential selling pressure, with high inflow suggesting high sell pressure and low inflow suggesting low pressure
US Payrolls Revised Down by 818,000, Largest in 15 Years: QCP Capital Analyzes Impact on Markets
22.8.2024
QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions could influence the Federal Reserve’s decisions on interest rates. QCP Capital: U.S. Payroll Revision...
3 reasons why Bitcoin price could hit $68K in September
22.8.2024
Bitcoin’s technical setup and onchain data hint at a short upside recovery in the making
Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network
22.8.2024
Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain...
Avalanche Becomes Latest Blockchain to Support Franklin Templeton's Tokenized Money Market Fund
22.8.2024
The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts
Trader Suffers $150,000 Loss After Chasing NEIRO’s Peak
22.8.2024
A trader who spent $265,000 calling the top of $NEIRO on August 15 has just been liquidated in…
Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant
22.8.2024
Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted
MATIC may gain 20% amid bullish breakout and market volatility
22.8.2024
Polygon’s MATIC is poised to jump by 20% and touch the milestone of $0.575. While a tentative timeline…
Bitcoin Surges After Fed’s July Minutes: What It Means for the Crypto Market
22.8.2024
Following the release of July meeting notes from the U.S. Federal Reserve, Bitcoin (BTC) surged to a new…
Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues
22.8.2024
Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments
Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing
21.8.2024
The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte. Ltd. and Terraform Labs Limited is set for Sept. 19, 2024, at 10 a.m. EDT. This hearing will be pivotal in shaping the future of the crypto company, which has encountered substantial hurdles since the Terra ecosystem’s...
Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy
21.8.2024
Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just before the closing bell. This newfound optimism...