A sharp contrast has emerged in active addresses across Bitcoin, Ethereum, Tron, and Cardano, as the four blockchains continue to show different patterns when it comes to network usage. Bitcoin’s count, for one, has dropped significantly compared with previous major cycles, even though its price remains far above historical levels. According to the latest observation […]
Cardano’s native cryptocurrency has lost much of its gains posted in mid-August and has dropped below the psychological level of $0.20. We asked three of the most popular AI-powered chatbots about what’s next in September – a rally or a deeper decline. Here are their answers. The Slightly Bullish Prospects ChatGPT predicted a volatile September […]
Just a few months after it launched its first notable cryptocurrency-focused platform, the Wall Street behemoth has expanded its offering beyond Bitcoin and Ethereum. The giant recently announced that its Schwab Crypto trading service will add Solana (SOL), Chainlink (LINK), and Avalanche (AVAX) in the coming months. Adding More Alts The new additions will allow […]
Zcash has been one of the best-performing assets this year. It has managed to attract significant institutional capital. This week, asset manager Grayscale Investments launched the first exchange-traded fund that tracks the spot price of ZEC. But interest in the privacy-focused token peaked shortly before its price reached a recent high. Zcash Crowd Showed Up […]
With the eighth month of the year almost behind us, it’s worth exploring what really took place as it turned out to be among the most eventful ones, especially when it comes to price pumps. Ripple’s XRP was no exception as it rode the mid-month wave hard, surging from $1.00 to $1.70 within days before […]
Bitcoin’s gradual price recovery after Friday’s dip below $77,000 continues into the weekend, with the asset barely moving past $78,000 today. Most larger-cap alts have posted minor gains as well, but ETH remains below $2,500, BNB is still beneath $700, and XRP keeps fighting for $1.40. BTC Taps $78K The price explosion that took place […]
US consumer advocacy group Public Citizen reported that crypto ventures linked to Donald Trump and his family have left investors with at least $4.7 billion underwater since 2022. Most of the losses remain unrealized. Trump’s Crypto Empire Public Citizen estimated that investors in Trump Digital Trading Cards, launched in December 2022, have suffered at least […]
A newly launched meme coin on Solana briefly attracted millions in trading activity after it appeared on a Trump-linked X account. Trump Digital Gold (GOLD) was published and promoted on the X account @realtrumpcoins1, which is associated with an official Trump collectible business. The promotion immediately attracted attention, but on-chain sleuths raised some enormous red […]
Bitcoin’s price rally that drove it past $81,000 on a couple of occasions in the past week came to a halt after the hawkish stance by the new Fed Chair displayed yesterday, and the asset slipped to a five-day low of under $77,000. Most altcoins followed suit, posting 3-5% daily declines. Ripple’s XRP, which recently […]
Bitcoin’s rally from under $65,000 to over $81,000 faced its first major macro setback after Fed Chair Kevin Warsh delivered a hawkish message at Jackson Hole on Friday. The bigger question now is whether potentially higher rates and rising Treasury yields can derail the impressive market recovery. Although BTC remained relatively stable during the speech, […]