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Bitcoin, Ethereum Technical Analysis: BTC Largely Unchanged, Despite Fed Chair Powell’s Inflation Warning
26.8.2023
Bitcoin remained largely unchanged on Saturday, as markets were mostly unmoved by comments from the Federal Reserve’s chair, Jerome Powell. Speaking at the annual Jackson Hole symposium, Powell hinted that more hikes were in the cards. Ethereum moved back towards a recent support point....
Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years
26.8.2023
PRESS RELEASE. The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access...
Real-World Challenges Pose Threats to Bitcoin's Next Bull Run – Here's What You Need to Know
26.8.2023
Bitcoin (BTC) faces a myriad of real-world obstacles on its journey to the next bull run.
As the world's largest cryptocurrency struggles to regain the heights it reached in 2021, experts argue that Bitcoin needs to address several challenges before expecting a major rally.
One immediate hurdle...
JPMorgan Analysts: Crypto Bear Market on the Brink of Conclusion
26.8.2023
A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou. The bank’s market experts suggest that there’s “limited downside for crypto markets over...
HashKey To Offer BTC and Ether Retail Services In Hong Kong As The Battle For Asian Market Intensifies
25.8.2023
Asian digital asset exchange HaskKey will now offer Bitcoin (BTC) and Ethereum (ETH) crypto trading to its retail clientele in Hong Kong.
The exchange obtained a regulatory clearance to offer virtual asset trading services in the jurisdiction becoming the first exchange to have its previous...
Trump Mugshot Fuels NFT Sales: Ex-President’s Digital Cards Jump 426%
25.8.2023
After a mugshot of the 45th U.S. president, Donald Trump, was snapped at Fulton County Jail in Atlanta, his NFT trading card sales skyrocketed. Cryptoslam.io data shows a whopping 426% surge in Trump’s digital card sales in just 24 hours. Trump’s Unprecedented Mugshot Sparks NFT Card...
Bitcoin Dips Below $26K, Smaller Cryptos Head Lower on Fed's Powell's Hawkish Remarks
25.8.2023
Federal Reserve chair Powell speaking at Jackson Hole doubled down on keeping financial conditions tight, including hiking interest rates further if needed
PEPE Token’s Rapid 17% Fall Sparks Concerns Over Multi-Sig Wallet Changes and Massive Fund Transfers
25.8.2023
In the wake of the meme token’s meteoric ascent, pepe (PEPE) has plummeted by over 17% in the last 24 hours. Buzz on social media suggests a significant amount of funds held by the development team are being transferred to exchanges. Moreover, alterations have been made to the team’s...
Biggest Movers: DOGE Nears Key Price Floor, as TON Extends Gains
25.8.2023
Dogecoin moved closer to a key support level on Friday, as the meme coin slipped for a second straight session. Today’s decline comes as the global crypto market cap edged lower, falling 0.77% lower as of writing. Toncoin was on the other side of the spectrum, hitting a one-week high. Dogecoin...
Tether Reserves Report: USDT Maintains Dominance With $86.1 Billion Market Cap, Over 100% Reserve-Backed
25.8.2023
Stablecoin issuer Tether posts its total market capitalization at $86.1 billion as it maintains its leading market share despite growing competition and uncertain regulatory conditions.
In the company’s reserve report, while total assets stood at $86.1 billion, its liabilities amounted to $82.8...
Tether Reserves Report: USDT Maintains Dominance With $86.1 Billion Total Assets, Over 100% Reserve-Backed
25.8.2023
Stablecoin issuer Tether posts its total assets at $86.1 billion as it maintains its leading market share despite growing competition and uncertain regulatory conditions.
In the company’s reserve report, while total assets stood at $86.1 billion, its liabilities amounted to $82.8 billion....
Hong Kong regulator eyes tokenization for bond market improvement: Report
25.8.2023
The monetary authority in Hong Kong released a report on its study Project Evergreen which looked at the highs and lows of recent bond tokenization activity
Bitcoin, Ethereum Technical Analysis: BTC Traders Jittery, as Federal Reserve Symposium in Jackson Hole Is Under Way
25.8.2023
Bitcoin marginally declined during Friday’s session, concurrent with the ongoing Federal Reserve symposium in Jackson Hole. The Chair of the Fed, Jerome Powell will be speaking at the annual meeting, and providing guidance on the upcoming policy decision. Ethereum also consolidated today....
Tokenization Could Improve Bond Market Efficiency, Hong Kong Regulator Says
25.8.2023
A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets
JPMorgan Sees Limited Downside for Crypto Markets in the Near Term
25.8.2023
News that Elon Musk’s SpaceX had liquidated its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report said
Binance Is Contacting Low-Cap Crypto Projects in Bid to Boost Trading
25.8.2023
The crypto exchange is conducting a "risk management initiative" targeting some crypto projects with a relatively small market capitalization or whose tokens form lower-liquidity trading pairs
Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market
24.8.2023
Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies
Biggest Movers: SOL Recovers From Recent Declines, BNB Extends Gains
24.8.2023
Solana continued to trade higher during Tuesday’s session, following a recent breakout below a support point of $20.00. Momentum in the market has begun to gradually pick up in recent days, ahead of Friday’s Federal Reserve Jackson Hole annual meeting. BNB remained in the green....
Bitcoin Gives Up Gains, Returns to $26K Ahead of Fed's Jerome Powell at Jackson Hole
24.8.2023
The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning
Bored Ape Yacht Club NFTs Face Sharp Decline Amid Broader Crypto Slump
24.8.2023
Recent data paints an intriguing picture for the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC). Over a six-month span, its floor price tumbled from 76 ether down to a mere 21.99 ether. However, as of now, the BAYC floor is navigating a range of 23.90 ether to 24.65...