FOMC Meeting Today Live Updates: The third FOMC (Federal Open Market Committee) meeting for 2024, a significant event that shapes the U.S. economic landscape, is currently in progress. Starting on Tuesday, April 30, the meeting is set to conclude today, May 1, at 2 PM European Time (11:30 PM Indian Standard Time), potentially signaling changes […]

In El Salvador, President Nayib Bukele’s bold political and economic strategies, including the unprecedented move to make Bitcoin legal tender, have positioned him for a sweeping victory in the upcoming presidential election. Bukele faced accusations of constitutional violations and overseeing a dictatorial government. However, reports indicate he is on track to win re-election by an overwhelming 82% […]

Top financial service provider and Real World Asset (RAW) tokenization platform Securitize has secured $47 million in a new funding round led by its partner BlackRock.  Securitize to Enhance Tokenization With New Fund Securitize announced the completion of the fundraiser today, marking a good start for the month. Apart from investment asset management firm BlackRock […]

In a recent report, BitMEX Research has unveiled the flow data of the U.S. Spot Bitcoin ETFs since their launch, revealing a notable net inflow of over 32,000 BTC within just 17 trading days. Notably, this surge, valued at approximately US$1.459 billion, has sparked a dynamic shift in the market dynamics, especially as whale wallets […]

Only a few days after the just concluded halving event, Build on Bitcoin (BOB), is now live on its mainnet. This marks a significant advancement in Bitcoin L2 innovation.  Build on Bitcoin Bringing the Best of Two Worlds The launch of Build on Bitcoin signifies a key moment in Bitcoin’s integration into Decentralized Finance (DeFi) […]

ADA, the native token of the Cardano ecosystem has recently rebounded from the combined support of $0.46 and 50% Fibonacci retracement level. Amid the current relief rally in the market, this altcoin surged nearly 12% to currently trade at $0.51. This rising price encounters supply pressure at the resistance trendline of a pennant pattern. Here’s […]

The XRP price was on the investors’ radar today, amid a massive whale transfer of the coin. Meanwhile, Ripple has locked 800 million XRP to escrow today, amid a series of other hefty transfers, which have sparked speculations over the potential move of Ripple behind the transfers. Notably, this move comes after the firm unlocked 500 million XRP from Escrow recently. […]

Jason Yanowitz, the co-founder of Blockworks took to X to announce that he has fallen victim to a crypto hack.  Yanowitz Security Setup Fails Gives Way to Crypto Hack The crypto news media boss posted on Saturday night that his account was successfully hacked after several attempts by the perpetrator. To help other netizens avoid […]

Altlayer’s native token ALT nabbed significant attention across the broader crypto market today, May 2, as its price witnessed remarkable upward momentum. Coming in tandem with Altlayer’s introduction of the ‘reALT’ token as part of Phase 2 of the network’s staking program, the price rally curated waves across the crypto landscape. ‘reALT,’ a.k.a. the restaked […]

The world’s second-largest cryptocurrency Ethereum (ETH) has been largely consolidating around $2,300 levels for a while with on-chain indicators suggesting a potential strong upside going ahead. As the Ethereum Dencun upgrade nears its debut, analysts are expecting 50-60% gains going ahead. Substantial Ethereum Outflow from Exchange Wallets In recent findings shared by crypto analyst Ali […]