Elon Musk has recently quashed any possibility that his social media platform X, formerly Twitter, would launch a cryptocurrency token. In response to a developer’s post on the site, Musk shared his insight that the platform’s primary goal is to integrate real-world financial functionality rather than having a cryptocurrency substitute. This marks the second instance […]
The US dollar is at an inflection point, and today’s Core PCE data and the August NFP report will be key in determining its direction. This week, the EUR/USD has bounced from 0.95 to 1.12, and Bitcoin and other cryptocurrencies have rallied in tandem. However, the EUR/USD could not hold above 1.12, and neither could […]
The Shiba Inu network has seen an incredible surge in activity, with IntoTheBlock Market Intelligence reporting a 700% increase in high-value transactions. This is largely due to the launch of the Shibarium platform, a Layer-2 network backed by Shiba Inu’s native SHIB tokens. After some initial hiccups, the Shibarium Bridge became operational on August 28, […]
Jamie Coutts, a crypto market analyst at Bloomberg Intelligence, believes that the upcoming year could be a big one for digital assets. He recently posted on the social media platform X that the US currently accounts for 80% of total Bitcoin (BTC) fund assets, despite the U.S. Securities and Exchange Commission’s (SEC) stance on crypto. […]
The recent surge in Bitcoin withdrawals from exchanges has stirred up the dynamics of the cryptocurrency market and has prompted speculation on the growing confidence of Bitcoin holders. Analysts have observed that the number of Bitcoin withdrawals from exchanges has increased significantly in the past few weeks, with the amount of Bitcoin withdrawn from exchanges […]
Robinhood, a popular stock trading platform, has been revealed to be the owner of the fifth-largest Ethereum (ETH) wallet, containing approximately $2.54 billion worth of ETH. This wallet also holds various other cryptocurrencies, such as 122,076 Bitcoin (BTC) ($3.3 billion), 34.1 trillion Shiba Inu (SHIB) ($277.8 million), 4.9 million Chainlink (LINK) ($29.7 million) and 2.6 […]
Wall Street Memes (WSM) is a top contender in the crypto world, with its successful presale and strong community engagement. Crypto analysts have dubbed it a potential “Shiba Inu coin killer” and YouTubers have predicted 100x gains. An anonymous crypto whale invested $1 million in the presale, and the project is now less than a […]
The US Securities and Exchange Commission (SEC) is facing increasing pressure to approve Grayscale’s ETF application following a court ruling in favor of the asset manager. Bloomberg ETF analysts have increased the odds of Spot Bitcoin ETFs launching this year to 75%. The analysts had previously put the odds of ETF approval this year at […]
Worldcoin, a crypto project launched by ChatGPT founder Sam Altman last month, has seen a surge in popularity in Argentina. The project has seen a new user sign up every nine seconds, and its Orbs in four Argentinian cities verified the World IDs of over 9,500 citizens in a single day. Despite an ongoing investigation […]
InQubeta (QUBE) and Cardano (ADA) are two of the best cryptos to invest in this year. InQubeta is a solution-based approach that allows investors to earn profits in a short period. The project has sold over $2.4 million in tokens and is expected to skyrocket once available on exchanges. Cardano is a rival to the […]
