Dog-themed memecoins are recording huge losses this week as daily outflows enter double digits. The corrections in the market have led to reduced crypto asset performance this week.  On-chain data shows a decline in memecoins prices, trading volume, and overall figures. The total memecoin market capitalization stands at $47 billion, a 9.9% decline in the […]

Hong Kong is positioning itself as a leader in the Asian cryptocurrency scene by harmonizing its regulation with Singapore’s strict standards. Consequently, the city-state has given a strict deadline for VASPs to comply with their new licensing requirements, aiming at helping the government meet its ultimate goal of a regulated and secure digital asset market. […]

The top crypto prices today crashed massively as the Bitcoin (BTC) price slumped to the $60,000 level despite the recent Hong Kong ETF launch. In addition, the Ethereum (ETH) price dipped below the $3,000 mark, losing hold on a crucial level. Moreover, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) plunged notably, mirroring […]

In the upcoming Super Bowl LVIII, commercials will be more traditional, with no cryptocurrency or artificial intelligence advertisement. This event will have the Kansas City Chiefs compete with the San Francisco 49ers and, as a result, slated to draw millions of viewers on February 11. However, the ads are expected to be more in the way […]

Today marks the start of May and the completion of the first five months of the bullish year. However, the bullish trend lasted barely a few weeks before turning the other way around. For days now,  the crypto market has continuously declined, affecting almost all cryptocurrencies. The fear and greed index has also shifted to […]

US Federal Reserve officials backtrack from early rate cuts after Friday’s strong jobs report shows resiliency in the US economy. Federal Open Market Committee (FOMC) members Austan Goolsbee and Michelle Bowman are more reluctant to rate cuts in the first half of 2024. Jobs Data Lowers Odds of Fed Rate Cut in May or June […]

In a move signaling potential stabilization for both the crypto and stock markets, the US Treasury Department has unveiled plans for a significant refunding and buyback initiative. BitMEX co-founder Arthur Hayes has shed light on the macroeconomic factors influencing recent market sentiment shifts, notably highlighting the infusion of tax receipts amounting to a substantial $200 […]

The world’s largest crypto exchange Binance burned 2.1 billion Terra Luna Classic (LUNC) tokens in the 18th batch of the LUNC burn mechanism. The total LUNC burned by the crypto exchange to date reaches over 50 billion, which is 52.4% of the total tokens burned by the Terra Luna Classic community. LUNC burn is a collaborative effort […]

According to a report, Google has recently disclosed plans to lay off a significant number of its core team employees. The tech giant aims to fire at least 200 staff members as part of its ongoing restructuring efforts. These changes come despite the company’s robust earnings reports over the past year. This move aligns with […]

Cryptocurrency enthusiasts are on high alert as XRP, Ripple’s native token which witnessed tumultuous trading recently, appears to be regaining momentum. Meanwhile, renowned crypto analyst Dark Defender’s optimistic forecast on the X platform has triggered excitement, suggesting a potential breach of a key resistance level with eyes set on $0.60. So, let’s explore the dynamics […]