News

Crypto Indices Emerging as Key to Institutional Adoption

Crypto Maturation and Indices Insights from Patrick Murphy of Eightcap compare the evolution of cryptocurrency to the early days of equities,...

Dogecoin Price Shows Signs of Recovery as Investors Accumulate 4.9 Billion DOGE

Dogecoin (DOGE) is currently priced around $0.21 after facing resistance at $0.25. On-chain data indicates long-term holders are becoming more...

Bank of America Reports Stablecoins and Tokenization Impacting Money Market Funds

Bank of America's rates strategy team highlights two key influences on the U.S. Treasury market: stablecoin demand for T-bills and the tokenization...

Bitcoin Maintains Four-Year Cycle Amid Signs of Demand Fatigue

Bitcoin may still adhere to its four-year halving cycle, according to on-chain data from Glassnode, despite discussions about institutional inflows...

Analyst Warns Bitcoin May Drop to $88,000 if Resistance Holds

Bitcoin is attempting a recovery after a decline of over 7% from its peak of $124,450. Currently, it has reached a low of $112,500, which aligns...

Hyperliquid Captures Over 80% of Decentralized Perps Market

RedStone has published a report on Hyperliquid, a decentralized perpetuals exchange that dominates the market with over 80% share. Key points...

Gemini Exchange Secures MiCA License for European Market Expansion

Gemini, owned by Tyler and Cameron Winklevoss, has received a Markets in Crypto Assets (MiCA) license from the Malta Financial Services Authority...

CoinDesk 20 Index Declines 1.4% with SUI Down 3.9%

The CoinDesk 20 Index is currently at 4005.12, down 1.4% or 55.83 points since 4 p.m. ET on Wednesday. Key points: Seven of the 20 assets are...

Arthur Hayes Predicts Bitcoin Could Reach $15 Million After Powell

Arthur Hayes predicts Bitcoin could reach "multi-million" levels, possibly up to $15 million per coin, driven by US monetary policy changes. He...

Solana Volume Bot Provides Traders Real-Time Insights for Market Momentum

Solana leads in decentralized exchange (DEX) volume, surpassing Ethereum for ten consecutive months. In July, Solana achieved $124 billion in DEX...

Optimism Partners with Flashbots to Enhance OP Stack Transaction Sequencing

Optimism is collaborating with Flashbots to enhance transaction processing in its OP Stack ecosystem, targeting improved speed and customization for...

Ether Outperforms Bitcoin Amid Strong ETF Inflows and Corporate Demand

Ether (ETH) has outperformed Bitcoin (BTC) in the last month, driven by strong inflows into spot exchange-traded funds (ETFs) and increased...

Economist Kenneth Rogoff Revises Bitcoin Prediction After Market Changes

Harvard economist Kenneth Rogoff, who previously predicted Bitcoin would drop to $100, acknowledged his error and explained the factors behind it. ...

Stripe's Bridge Partners with M0 to Launch MetaMask's mUSD Stablecoin

Stablecoin platform M0 and issuer Bridge, now part of Stripe, are collaborating to enable businesses to launch custom digital dollars, starting with...

Bitcoin Flips Bearish as YZY Memecoin Surges 6,800% Then Slumps

Bitcoin briefly bounced to $144,700 on Wednesday but shifted to a bearish sentiment for the first time since June 2023. Other cryptocurrencies like...

BNB Reaches New All-Time High of $882 with 20% Trading Volume Increase

BNB has reached a new all-time high of $882, surpassing the previous record of $864 set last week. Currently, it trades around $851, reflecting a 3%...

Coinbase CEO Predicts Bitcoin Will Reach $1 Million by 2030

Coinbase CEO Brian Armstrong predicts Bitcoin will reach $1 million by 2030, influenced by an improving regulatory landscape and market factors. ...

Bitcoin Retreats to $113,600 Amid Choppy Trading Conditions

Major cryptocurrencies are experiencing volatility, with Bitcoin retreating to $113,600 after reaching $114,800. Ether and other tokens also...

World Liberty Financial Mints $205 Million USD1 Stablecoins, Total Supply Reaches $2.4 Billion

World Liberty Financial, associated with the Trump family, minted over $200 million in its USD1 stablecoin on August 20, increasing its total supply...

Thumzup Media to Acquire Dogehash Technologies for $153.8 Million

Dogecoin benefits from a $153.8 million all-stock deal as Thumzup Media Corporation acquires Dogehash Technologies. This merger aims to...

Kanye West Launches YZY Token, Reaches $3 Billion Market Cap

Kanye West has launched a new cryptocurrency, YZY, on the Solana blockchain. Market cap reached $3 billion within 40 minutes of the announcement....

Bitcoin Faces Challenges as $2 Trillion Liquidity Source Drains

Macro commentator Bruce Florian highlights that Bitcoin's near-term trajectory is influenced by the draining of excess liquidity from U.S. money...

China Considers Yuan Stablecoins to Enhance Global Currency Presence

Beijing Considers Yuan Stablecoins to Boost Currency Reach China's State Council is reviewing a roadmap for launching yuan-backed stablecoins,...

Analyst Predicts Bitcoin Price Will Fall Below $60,000

Bitcoin has fallen below $114,000, facing increased selling pressure after reaching new all-time highs. Analyst Xanrox warns of a potential crash,...

ETH Surges as DBS Bank Launches Tokenized Notes on Ethereum

Ethereum's latest price surge is driven by institutional access in Singapore. Key Developments DBS Bank launched tokenized structured notes on the...

Harvard Professor Kenneth Rogoff Critiques Regulatory Approach to Bitcoin

Kenneth S. Rogoff, a Harvard economist, previously predicted that bitcoin (BTC) would be worth $100 rather than $100,000 by 2028. In contrast, BTC...

Wormhole Submits Higher Bid for Stargate, Requests Vote Delay

Wormhole has entered the bidding for Stargate, proposing a bid exceeding LayerZero's initial $110 million token-swap offer. They are seeking to...

Chainlink Attempts to Reclaim $25 After 10% Daily Recovery

Chainlink (LINK) has recovered 10%, surpassing most of the market. Analysts suggest potential for new highs, but caution against a rejection that...

Shiba Inu Price Rises Over 2% as Bulls Maintain Key Support Levels

Shiba Inu (SHIB) Update SHIB gained over 2% in 24 hours, supported by strong trading volumes. Price dropped initially due to market de-risking...

Insiders Profit Millions as YZY Token Launches Amid Controversy

YZY Money Overview YZY Money, a memecoin linked to Ye, launched on Solana with a spike of nearly 6,800%, reaching $3.16. The token's market cap...
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