The US Federal Reserve did what many anticipated and lowered the key interest rates by 25 bps earlier today. Although such a move is typically regarded as bullish for risk-on assets like crypto, the reality is that the immediate effect has been anything but positive. Even before the FOMC meeting, though, many expected such behavior […]
Uniswap’s native token, UNI, kicked off the month trading near $7.50 and held steady for the first couple of weeks before a sharp mid-month drop sent it below $6.50. Since then, the asset has been trying to regain its footing, mainly hovering between $6 and $6.8. Despite a few small rebounds, it hasn’t yet recovered […]
The past week saw bitcoin (BTC) rise above critical resistance levels following the carnage of weeks ago. The asset’s slow, but steady recovery signals that the market is stabilizing. This leaves analysts guessing which catalyst could drive the next rally. In the latest edition of the Bitfinex Alpha report, market experts predicted that changes in […]
Over the past year, the amount of Ethereum (ETH) funds held by institutions has grown at a rate nearly four times faster than that of Bitcoin (BTC). According to analysts, this change in allocation could point to a growing institutional belief in Ethereum’s distinct role alongside Bitcoin as a core digital asset. A Notable Shift […]
Bobby Ong, the co-founder and CEO of cryptocurrency data platform CoinGecko, has issued a public warning about a new phishing scam. The fraudulent scheme uses fake emails that appear to come from Booking.com, inviting recipients to a non-existent “Exclusive Crypto Travel Summit” in Dubai. A Deceptive Invitation The phishing attempt, which Ong shared on social […]
An Indian court has blocked crypto exchange WazirX from reallocating a user’s XRP to cover platform losses. The Madras High Court granted “interim protection,” affirming that the user’s digital assets remain their distinct property under Indian law. The ruling marks a key moment in the country’s evolving crypto jurisprudence. The case stems from WazirX’s plan […]
India and the United States are leading global cryptocurrency adoption between January and July 2025. According to the TRM Labs’ Country Crypto Adoption Index 2025, India retained its top position for the third consecutive year, while the United States held its second-place ranking. Both countries have demonstrated significant momentum so far this year, driven by […]
Bitcoin’s rally that started on Sunday, following some promising news on the US-China trade deal front, has only intensified during the Monday morning Asian trading hours as the asset blasted to a two-week peak. Many altcoins have followed suit in an impressive manner, which has harmed over-leveraged short traders. BTCUSD. Source: TradingView Recall that the […]
Benjamin Chow, a well-known crypto developer and co-founder of the Meteora decentralized exchange on Solana, has been fingered as the driving force behind a plan to cheat investors through 15 different token schemes. A revised version of a class-action lawsuit that was first filed in a New York federal court on April 21, 2025, says […]
Ocean Protocol’s sudden withdrawal from the ASI Alliance has sparked accusations of a major token rug pull. In fact, independent on-chain analytics from Bubblemaps indicate that the project transferred approximately 270 million FET, which is worth an estimated $120 million, to Binance and an OTC provider without notifying either the alliance or FET holders. The […]