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Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges
7.8.2023
Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Challenges: McGlone In a client communication dated August 2, 2023, the prominent...
Options traders bearish on ETH, investors back InQubeta as the next big thing in AI & crypto
7.8.2023
Operating in a fast-paced landscape, investors and traders constantly monitor trends and sentiments capable of influencing crypto prices. In light of this, options traders are currently bearish on Ethereum after discovering bearish signals and indicators. Their bearish concerns signal caution...
Filecoin storage utilization rate a paltry 7%, FIL bulls are giving up, $ROE looks promising
7.8.2023
The recent sluggish performance of Filecoin (FIL) has caught the attention of many investors. Despite promising technological advancements, Filecoin’s storage utilization rate stands at a meager 7%, raising questions about the network’s viability. This discouraging trend is causing...
Biggest Movers: BCH 5% Higher on Monday, XLM Avoids Drop Below Support
7.8.2023
Bitcoin Cash was one of Monday’s biggest movers, rising by as much as 5%, despite markets mostly consolidating to start the week. The global crypto market cap has been largely unchanged, with volatility mostly muted. Stellar also rose higher, avoiding a drop below a key support point....
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
7.8.2023
Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...
Solana is on everyone’s hit list alongside Bitcoin Spark
7.8.2023
Amid the cryptocurrency bear market, Solana, a young blockchain network, is creating massive traction for retail and large-scale investors. You might wonder why, but the reason is based on the ecosystem’s improved scalability and transaction per second. The layer-1 protocol bounced back from...
Bitcoin, Ethereum Technical Analysis: BTC Flatlines on Monday, as Market Volatility Continues to Fade
7.8.2023
Bitcoin started the week mostly flat, as market volatility remained near recent lows during today’s session. Traders appear to be on the sidelines ahead of Wednesday’s key inflation report from the United States. Ethereum mostly consolidated on Monday. Bitcoin Bitcoin (BTC) continued...
Filecoin & DAI traders pivot to VC Spectra: Eyeing 627% presale surge
7.8.2023
Filecoin (FIL) and DAI investors are pretty disappointed in the performance of these tokens. That’s why we recommend you something new. VC Spectra (SPCT) comes with excellent perks and a 627% surge while in presale. So, instead of wasting time, become an SPCT holder and experience unique benefits!...
FBI Issues Warning on Scam Involving Criminals Impersonating NFT Developers
7.8.2023
The Federal Bureau of Investigation (FBI) has issued a Public Service Announcement (PSA) warning about criminals impersonating non-fungible token (NFT) developers in social media. According to the PSA, criminals can impersonate these developers on social media by hijacking accounts or using similar...
FLOKI enters a partnership with Bybit
7.8.2023
FLOKI recently announced a strategic partnership with the renowned crypto exchange, Bybit. The collaboration will see FLOKI becoming a part of the ongoing WSOT 2023 Trading Showdown. With the partnership, Floki Vikings have now become eligible to win from the 8 million dollar prize pool....
Floki Inu enters a partnership with Bybit
7.8.2023
Floki Inu recently announced a strategic partnership with the renowned crypto exchange, Bybit. The collaboration will see Floki Inu becoming a part of the ongoing WSOT 2023 Trading Showdown. With the partnership, Floki Vikings have now become eligible to win from the 8 million dollar prize pool....
What Golden Cask Club brings to the table compared to PEPE & DOGE?
7.8.2023
In recent years, the surge in alternative investment avenues has redefined financial landscapes, with cryptocurrencies leading the charge. Distinctive players like meme coins Pepe (PEPE) and Dogecoin (DOGE) set precedence among these asset classes. However, a new entrant, Golden Cask Club (GCC)...
Avalanche bleeding continues, QUBE on track to break records in presale
6.8.2023
There’s no denying that the crypto market has always been a roller-coaster ride for investors. Some tokens rise to stardom overnight, while others plunge into oblivion. Recently, the Avalanche (AVAX) has experienced a downtrend, reflecting the unpredictable dynamics of this digital asset...
Apecoin & DigiToads eye potential bull run powered by social buzz
6.8.2023
The cryptocurrency market is ever-evolving, witnessing a constant influx of new digital assets that aim to revolutionize various industries. Among these emerging tokens, Apecoin (APE) and DigiToads (TOADS) have garnered considerable attention due to their unique propositions and enthusiastic...
LK-99 and Cracking Bitcoin: A Quantum Leap in Optimism or Threat? Community Debates Potential Impact
6.8.2023
In recent times, attention has gravitated towards a novel substance known as LK-99, celebrated as a potential wonder superconductor with the capability to usher in an era of lossless power transmission, more potent computers, and stronger magnets. Yet, as scientists have been laboring to replicate...
Huobi's TVL drops to $2.5B amid rumors of insolvency, investigations in China
6.8.2023
The exchange faces ongoing rumors about its stablecoins reserves and an alleged investigation by Chinese authorities
Setback for Terra as member resigns, Borroe aims to surpass LUNC’s holder count
6.8.2023
The world of cryptocurrencies is no stranger to unexpected turns, and the recent events surrounding Terra Classic have sent shockwaves through the crypto community. Two prominent LUNC L1 Task Force members, LuncBurnArmy (LBA) and Fragwuerdig were faced with a distressing breach of their privacy...
While Worldcoin Sees a 148% Surge in Unique Addresses, the Top 20 Wallets Command 94% of WLD Supply
6.8.2023
Worldcoin’s native cryptocurrency, worldcoin (WLD), has oscillated in value between $2.69 and $2.13 per token throughout the preceding 12 days, peaking at $3.30 per coin on July 24, 2023. The number of individual addresses possessing WLD under Worldcoin’s umbrella has surged by more...
XRP price disappoints after court ruling, Deaton remains optimistic
6.8.2023
While the pro-XRP lawyer didn’t anticipate XRP reaching a new all-time high after the ruling, he did expect the price to surpass the $1 resistance level
Russia Recognizes Digital Currencies of Other Nations
6.8.2023
The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign...