Bitcoin-skeptic Elizabeth Warren (D-Massachusetts) and other Democratic senators sent a letter to the Federal Reserve on Monday calling for far more aggressive rate cuts than the market expects. “We write today to urge the Federal Reserve (Fed) to cut the federal funds rate, currently at a two-decade-high of 5.3 percent, by 75 basis points (bps) […]
An early Ethereum (ETH) investor who received 16,636 ETH in 2016 has sold a portion of their holdings, marking an extraordinary return on investment. According to on-chain data shared by EmberCN, the whale originally acquired the Ethereum for $5.23 per token, totaling $87,135. As of September 16, 2024, that same amount of ETH is worth […]
On Sept. 16, Bitcoin dominance hit 58%, according to Tradingview. This is the highest it has been since April 2021, following almost two years of steadily increasing. BTC dominance was below 40% in November 2022 following the collapse of FTX, which sent the asset tumbling to a low of $16,000 in the brutal bear market […]
Bitcoin’s price is still consolidating around the $60K level. Yet, an impulsive move might begin soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, it is evident that the price has yet to climb back and recover definitively above the $60K level after its rapid rejection and drop from the […]
TL;DR XRP gained 7.5% last week, boosted by Grayscale’s Ripple Trust launch and rumors of a Robinhood re-listing. BTC dropped below $60,000 after briefly surpassing $60,500, affected by negative news in the broader market such as the supposed assassination attempt on Donald Trump. SHIB increased by 2% over the week amid a high level of […]
XRP’s price retraced a couple of percent of its weekly gains but still up 7.2% for the seven-day period after a boisterous rally for the second half of the week. The RippleNet tokens, valued at over $30 billion in total market cap this weekend, jumped the gun on crypto exchanges last Thursday with a price […]
Former WeWork CEO Adam Neumann’s climate tech startup Flowcarbon has reportedly started refunding investors after failing to launch its much-anticipated Goddess Nature Token (GNT). According to a Forbes report from earlier in the week, the company has struggled to realize its vision of tokenizing carbon credits. Project Raised $38M From Token Sales Flowcarbon initially raised $70 million […]
In what seems to be another incident involving the former US President and current candidate Donald Trump, the country’s Federal Bureau of Investigations (FBI) is looking into shots being fired at the golf club he was playing. Anthony Guglielmi, the Chief of Communication for the United States Secret Service, said: The Secret Service, in conjunction […]
TL;DR ChatGPT claimed SHIB’s price could rally in Q4, assuming certain factors like increased token burnings are in place. Expected interest rate cuts and reduced exchange selling pressure may also contribute to a potential uptick for the meme coin. SHIB Yet to Unveil Its Potential? The second-largest meme coin in terms of market capitalization witnessed […]
Think stablecoins are just a vehicle for anonymous crypto trading? A new survey from Castle Island Ventures would suggest otherwise. In a report sponsored by Visa, the firm showed that crypto users in five developing countries – Nigeria, India, Indonesia, Turkey, and Brazil – are turning to stables largely as a means of payment and […]