Bitcoin’s price has been holding strong around the $60K level following the significant crash a few weeks ago. Investors are now optimistic that the market will soon rally to new all-time highs. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been consolidating during the last couple of weeks after…
It’s been an exciting seven days in the cryptocurrency market, which gained over $100 billion throughout the period. In what seems like a breath of fresh air, we are finally seeing some meaningful signs of recovery following weeks of turmoil and depressing price action. The total capitalization is currently hovering slightly below $2.3 trillion, and…
Federal Reserve chairman Jerome Powell promised to start cutting interest rates during his speech at the annual 2024 Jackson Hole Economic Symposium on Friday. This will mark the central bank’s first rate cut since 2020, and is already proving bullish for Bitcoin’s price. The Fed Pivot Is Confirmed “The time has come for policy to…
Indian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack that disrupted services. To manage crypto balances, Wazirx plans to implement a Singapore Scheme of Arrangement to facilitate the distribution of crypto assets. INR withdrawals will occur in two stages, allowing users to access up…
TL;DR Binance will temporarily suspend TON deposits and withdrawals on August 26, but trading will remain unaffected. The company introduced certain trading pairs involving the altcoin earlier this month, contributing to its price rally as of late. What Is the Reason? The world’s leading cryptocurrency exchange will perform wallet maintenance for The Open Network (TON)…
PlayDoge’s (PLAY) presale has entered its final 72 hours – and investors are rushing to grab tokens before they hit exchanges. With the clock ticking down, everyone’s watching this meme coin meets P2E sensation that looks set to shake up the market with its retro gameplay. Last Call for Investors to Secure a Place in…
Bitcoin’s price, much in line with that of the US stock market, has experienced an uptick in Friday’s trading session. This comes on the back of new that the Federal Reserve of the United States is planning to cut interest rates in September. Jerome Powell at Jackson Hole The chairman of the Federal Reserve –…
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M Amid $1.3B Stablecoin Market Boost The stablecoin economy is gaining momentum…
As the cryptocurrency space continues to evolve, staking has grown to become one of the fundamental ways through which passive income is generated while contributing to blockchain networks. Staking involves the process of locking one’s crypto assets in a blockchain network in support of its operation and, in return, getting rewards. However, staking does not…
A new meme coin project is rewriting the meme coin playbook. Pepe Unchained (PEPU) is launching its own blockchain – and has now raked in over $10 million in presale funding. Pepe Unchained Shakes Up Meme Coins with High-Speed Layer-2 Chain Pepe Unchained is taking a leap beyond the traditional meme coin model. By building…