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While Gains Have Been Slower Than Most Crypto Assets, Meme Coin Economy Swells by 24%
13.8.2022
While a great number of crypto asset values have improved over the last month, meme-based crypto assets have also advanced against the U.S. dollar. 53 days ago on June 21, the top meme coins by market valuation were once worth $14.5 billion and since then, the meme coin economy has grown by 24.82%...
Biggest Movers: MATIC, SOL Move Towards 4-Month Highs on Saturday
13.8.2022
Polygon rallied to its highest point in nearly four months on Saturday, as the token climbed to the $1.00 mark to start the weekend. Solana was also trading at a multi-month high, as it rose by over 10% earlier in today’s session. As of writing, the global crypto market cap is trading nearly...
India Freezes Peter Thiel-Backed Vauld’s Crypto and Bank Assets Worth $46 Million
13.8.2022
India’s Enforcement Directorate (ED) has frozen crypto exchange Vauld’s crypto and bank assets worth about INR 370 crore ($46,439,181). Vauld halted deposits and withdrawals last month. The Indian law enforcement agency is reportedly investigating more than 10 cryptocurrency...
Philippines Will Stop Accepting Crypto License Applications for 3 Years, Regulator Says
13.8.2022
The central bank of the Philippines, Bangko Sentral ng Pilipinas, has announced that it will stop accepting crypto license applications for three years, starting next month. The central bank is the primary regulator of the crypto sector in the Philippines. Philippines Halts Accepting Crypto License...
Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June
12.8.2022
Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on Friday. Despite crypto markets being mostly in the red in today’s session, a handful of tokens managed to climb higher. Chainlink was another one of these tokens, as it hit a two-month...
Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil
12.8.2022
Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos...
BTC mining stocks double in a month as production ramps
12.8.2022
While Bitcoin and Ethereum prices may have climbed lately, Bitcoin mining companies have been absolutely pumping
ETH PoS Upgrade to Transition on September 15 to 16 — Ethereum Devs Reveal ‘Tentative Mainnet TTD’ for The Merge
11.8.2022
Following the successful implementation of The Merge into Ethereum’s Goerli testnet, Ethereum developers confirmed during a Consensus Layer Call livestream that the highly anticipated proof-of-stake (PoS) upgrade is coming this next month on or around September 15th to the 16th. After...
Ethereum whale transactions peak at 2-month high amid Goerli testnet merger
11.8.2022
ETH price reached a new 2-month high of $1,919 as institutional inflows saw seven straight weeks of inflows even when Bitcoin has seen a net outflow in the same period
Bitcoin, Ethereum Technical Analysis: ETH Moves to 2-Month High Above $1,900
11.8.2022
Ethereum surged to a two-month high above $1,900 on Thursday, as the token continued to rally following yesterday’s U.S. inflation report. Inflation in the United States was at 8.5% in July, giving traders some optimism on a potential gradual recovery. Bitcoin was also in the green,...
Bitcoin Rallies to 2-Month High, What Next?
11.8.2022
The Fed pivot may be months away, experts said, warning of continued market volatility ahead
Bitcoin battles 2-month resistance amid ‘most hated’ stocks rally
11.8.2022
Risk assets surge higher after U.S. inflation data, but belief in a sustained uptrend emerging is hardly anywhere to be seen
Biden Slammed for Claiming US Economy Had 0% Inflation in July — One Lawmaker Calls It ‘Sad and Dangerous’
11.8.2022
President Joe Biden stated Wednesday that the U.S. economy had zero percent inflation in July following the latest CPI report. “Biden is claiming that we saw zero percent inflation last month. But there’s a zero percent chance that’s the case. Inflation in July was 8.5%, which...
Biggest Movers: AVAX Nears Highest Level Since May, ETC Moves Towards $40
10.8.2022
Avalanche rallied on Wednesday, as the token broke out of a key resistance level on its way towards a multi-month high. Crypto markets mostly rallied as the session progressed, following the release of the latest U.S. inflation numbers. Ethereum classic was one such token, as it moved closer...
Bitcoin price sees $24K, Ethereum hits 2-month high as US inflation shrinks
10.8.2022
Lower than expected inflation data sparks an instant rally in crypto, while the U.S. dollar pays the price
Biggest Movers: UNI Drops to 1-Week Low, While FIL Extends Recent Declines
9.8.2022
Uniswap moved to a one-week low on Tuesday, as crypto markets were mostly in the red during today’s session. The latest red wave in crypto markets comes days after several high profile tokens rose to multi-month highs. Filecoin was one such token, however it too declined today, falling for...
Bitcoin dominance hits 6-month lows as metric proclaims new 'alt season'
9.8.2022
BTC currently makes up 41% of the total crypto market cap — its smallest market share since January
Biggest Movers: FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level
8.8.2022
Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as 15% on Monday, as recent gains were extended. Polkadot was also higher, as it too cemented multi-month highs. FLOW FLOW was one of Monday’s most notable...
Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Month High Above $1,800
8.8.2022
Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week. Overall, the global market cap is trading 4.11% higher as of writing....
Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms
7.8.2022
Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up to half a million U.S. dollars a month from their business. Kazakhstan Busts...