Cryptocurrency
Crypto Market Dips, But Santiment Data Reveals Undervalued Altcoins
The crypto market has endured weeks of bearish volatility, with Bitcoin (BTC) recently falling back to the $60,000 level after a brief rally to $63,000. However, market watchers remain optimistic,...
Fed’s ‘Disinflationary Path’ Signals Potential Rate Cuts: What Does it Mean for Crypto Investors?
Global markets rallied on Tuesday, buoyed by Federal Reserve Chair Jerome Powell’s comments suggesting the possibility of U.S. interest rate cuts. However, European markets remained cautious amidst political uncertainty in...
Paxos Gets DBS Bank Backing for Stablecoin Launch in Singapore
DBS Group Holdings Ltd., Singapore’s largest bank, is deepening its foray into the digital asset sector by offering custody services for stablecoin reserves in partnership with Paxos Trust Co. This...
Altcoin Bull Run: Expert Analysis and Market Predictions
A crypto analyst has predicted an imminent altcoin bull market, citing falling bond yields, historical price patterns, and the potential approval of an Ethereum Exchange-Traded Fund (ETF) as key drivers....
Justin Sun’s Plan to Boost TRON: Stablecoin Integration, Team Expansion, Meme Power
H.E. Justin Sun, the founder of TRON, has outlined a comprehensive strategic roadmap designed to strengthen TRON (TRX) amidst a volatile crypto asset market. Sun’s key objectives include integrating stablecoin...
Data Doesn’t Lie: Bitcoin’s $60K Surge Signals a Summer of Gains
Bitcoin’s recent surge above the key $60,000 mark, driven by substantial buying activity, is signaling a potentially bullish July for the cryptocurrency. On-chain data reveals strong demand, with 237,000 addresses...
German Government Sells 400 Bitcoins, Crypto Community Questions Timing and Strategy
The German government’s recent sale of 400 Bitcoins, worth nearly $95 million, has sparked criticism from the crypto community, who question the timing and strategy behind the move. This latest...
BRICS and the US Dollar: India’s Stance on Expansion Signals Shift in De-Dollarization Efforts
India has expressed reservations on the rapid expansion of the BRICS economic bloc, as China and Russia push to include more countries and solidify their geopolitical influence. This internal rift...
Bitcoin ETFs Drive Surge in U.S. Trading Volumes, Weekday Dominance
The introduction of spot Bitcoin exchange-traded funds (ETFs) in the U.S. and Hong Kong has triggered a significant shift in Bitcoin’s market dynamics, particularly in terms of trading volumes and...
Cardano (ADA) vs. Bitcoin and Ethereum: Could ADA Outperform in the ETF Era?
A recent video explores the potential impact of Bitcoin and Ethereum ETFs on Cardano (ADA) prices, predicting a significant surge for ADA if Bitcoin and Ethereum reach certain market capitalization...
Crypto Market Undervalued Despite Bitcoin’s $63K Surge, Says Analyst
Benjamin Cowen, CEO of crypto education platform IntoTheCryptoverse, recently discussed the current crypto market landscape, stating that a “boring” summer is not uncommon in the digital asset sector. The analyst...
Metaplanet’s Bitcoin Bet: Japanese Firm Follows MicroStrategy’s Playbook
Japanese publicly traded company Metaplanet continues its aggressive accumulation of Bitcoin, acquiring an additional 20.20 Bitcoins at $61,506 each. This latest purchase reinforces the company’s commitment to Bitcoin as its...
Can Ethereum Transactions Get Faster? Vitalik Buterin Thinks So
Ethereum co-founder Vitalik Buterin is pushing for faster transaction speeds on the blockchain, outlining several potential solutions to enhance the network’s scalability and user experience. Despite recent improvements: notably, Ethereum’s...
Is Altseason Upon Us? Bitcoin Dominance Wanes as Analysts Predict Altcoin Rally
The crypto market is abuzz with speculation on a potential “altseason” – a period of significant growth for alternative cryptocurrencies – as Bitcoin’s dominance shows signs of weakening. This speculation...
Top Analysts Unanimous Cardano (ADA) Has Hit Bottom, Now Set for Major Rebound
Cardano (ADA) was the hardest hit among top-ranking crypto assets in the recent market downturn, plummeting to $0.3666, a level not seen since late 2023. This marks a roughly 55%...
VeChain (VET) Poised for Significant Rally, Analyst Predicts
VeChain (VET), the cryptocurrency powering the VeChainThor blockchain, is poised for a significant price rally, according to prominent crypto analyst Nick. However, he cautions that a minor pullback may precede...
Ethereum’s L2 Surge and Bitcoin’s Miner Exodus: Key On-Chain Trends in Q2 2024
The second quarter of 2024 brought about substantial changes in the crypto market. Bitcoin and Ethereum experienced price declines despite major events, including Bitcoin’s halving and the approval of Ethereum...
Crypto Analysts Bullish on Dogecoin: Halving Cycle and Technical Signals Point to Upside
Dogecoin (DOGE) is showing signs of potential market movements as analysts examine its halving cycles and technical indicators. Mikybull Crypto highlighted significant preparations for what could be the final run...
MVRV Z-Score Signals Potential Buying Opportunities for Uniswap and Shiba Inu
Santiment, a crypto market analysis platform utilizing social and on-chain metrics, has assessed some top cryptocurrencies using its MVRV Z-Score indicator. The analysis reveals that Toncoin, Bitcoin, and Ethereum are...
This Crypto Analyst Says XRP Could Hit $80: Here’s Why
XRP, the cryptocurrency linked to Ripple Labs, could be on the verge of a significant price rally, according to an analyst. Based on technical analysis shared on social media platform...
MetaMask in Hot Water: SEC Alleges Unregistered Broker Activity, $250M in Fees
The Securities and Exchange Commission has filed a lawsuit against ConsenSys, the software company behind the popular MetaMask wallet, alleging the firm violated securities laws by operating as an unregistered...
Bolivian Central Bank Reverses Crypto Ban, Opens Door for Financial Innovation
Bolivia’s central bank has lifted a four-year ban on cryptocurrency use by financial institutions, a move that could unlock significant potential for digital assets in the country and across Latin...
Wormhole’s NTT Powers ETHFI’s Multichain Transfer on Arbitrum
Ethereum’s ether.fi token (ETHFI) has expanded its native functionality to the Arbitrum blockchain, facilitated by Wormhole. This integration utilizes Wormhole’s Native Token Transfer (NTT) framework, designed to enhance cross-chain liquidity...
Solana Network Disruption: Devnet Down, But SOL Price Poised for ETF-Fueled Surge
Solana’s Devnet, a crucial resource for developers working on the blockchain platform, experienced a temporary outage, as announced by Jacob Creech on X. The disruption, which is expected to be...
How Nvidia Is Inadvertently Fueling the Next Crypto Boom
Nvidia (NVDA), an American technology company renowned for its GPUs and AI ventures, has emerged as a significant driver of top-performing Exchange-Traded Funds (ETFs) over the past 18 months, according...
