Bitcoin price started falling and paring earlier gains after new macroeconomic data, signaled that macro factors are key drivers of the Bitcoin price currently. And as PPI, CPI, and Fed Chair Jerome Powell’s speech are due this week, BTC price is likely to remain under pressure and volatile. The latest pullback in BTC price was […]

Jurrien Timmer, the Director of Global Macro at Fidelity, has recently introduced a novel Bitcoin valuation model through a series of posts on X. This innovative approach seeks to redefine Bitcoin’s position within the global financial ecosystem by drawing on extensive historical financial data that dates back to the 1700s. Timmer’s analysis meticulously compares the […]

DOGE price prediction: Dogecoin, a popular meme-based cryptocurrency, has shown significant growth recently. This digital currency has soared to a value exceeding $0.15, highlighting a positive trend and confirming its rising popularity in the financial market. Dogecoin price is trading at $0.1517, marking a 4.73% increase over the past day. This significant movement in price […]

In an intriguing turn of events, a whale address that does not belong to a CEX or a team recently withdrew colossal amounts of ALT from one of the world’s leading crypto exchanges, Binance, sparking speculations among crypto market enthusiasts. Intriguingly, this transaction emerged amid a phenomenal surge of nearly 10% noted by Altlayer’s native […]

U.S. Federal Reserve Chair Jerome Powell’s speech reflected slightly hawkish comments on restrictive monetary policy and interest rate cuts amid ongoing inflationary pressures and a strong labor market. The progress toward bringing inflation back down to its 2% target this year has stalled as some raised stagflation concerns, which were denied by Powell again. He […]

Reddit’s much-awaited IPO has sparked hopes among the users of the social media platform about its mainstream acceptance. The platform’s initial public offering will benefit a plethora of people. However, reports now point out that OpenAI CEO, Sam Altman could see huge benefits out of the listing, thanks to his stake in the company. Sam […]

TON has outperformed Bitcoin (BTC) and other crypto assets this year following positive developments from the network and surging on-chain transactions. A new report by on-chain analytics firm CryptoQuant shows a high-flying performance of TON as its performers soar to year-to-date (YTD) highs. $TON is among the best-performing layer 1 blockchains in 2024 “Since the […]

Ripple (XRP) has witnessed significant transaction activity in the past 24 hours, with large volumes of the cryptocurrency being transferred to exchanges, sparking speculation about potential sell-off pressure. According to the crypto data tracking service Whale Alert, two notable transactions involving approximately 54.8 million XRP, valued at nearly $30 million, have caught the attention of […]

In a notable development, Canadian banking giants have entered the U.S. Spot Bitcoin ETF arena with investment worth millions. Scotia Bank and Toronto Dominion Bank (TD Bank), two of Canada’s largest financial institutions, have revealed their exposure to Bitcoin ETFs through recent SEC filings. How Much Did These Canadian Banks Invest? Scotiabank has disclosed more […]

In a thrilling turn of events, an XRP whale’s 19.99 million accumulation appears to have piqued the interest of crypto market enthusiasts across the globe. As per insights unveiled by the blockchain tracker Whale Alert, this transfer of XRP, worth $10.69 million, promptly gained traction as XRP’s price neared the $0.54 mark as of press […]