The market bets on the Fed June rate cut have increased with time, as the market tries to digest inflation and other economic factors. With a larger market consensus sticking to June as the favorable time for rate cuts, S&P Global Market Intelligence has also hopped onto the same bandwagon. S&P Global Market Intelligence Expects […]

Michael Novogratz’s Galaxy Digital is in the process of raising $100 million in venture funds, according to Bloomberg. The raise came right around the corner when the firm had posted a positive result and assets under management. Galaxy Digital to Use External Sources for Raise Bloomberg highlights that the majority of Galaxy Digital’s $100 million […]

In just a few tumultuous days, the Bitcoin (BTC) market witnessed staggering losses as the BTC price extended lower than $66,000. Moreover, the short-term BTC investors bore the brunt of the downturn. The Bitcoin price experienced a meteoric rise of approximately 50% since the beginning of 2024, however, the recent volatility sent shockwaves through the […]

Memecoins are trading sideways after a mid-week attempt by cryptocurrencies to change the bearish outlook although assets like PEPE and FLOKI remain in the red zone. On-chain data shows similar outflows from both memecoins this week as the wider market attempts to recover from previous liquidations. PEPE is down 4% in the last 24 hours […]

Gabor Gurbacs, who is a strategic advisor at Tether and fund manager at VanEck, has gone on X to express his view about Ripple’s move to introduce another stablecoin. Having recognized the competitive character of the blockchain industry, Gurbacs, however, has underpinned his assertion of the dominance of USDT and Tether. He provided various arguments […]

In recent times, Hong Kong has been actively working to establish itself as a prominent hub for digital assets. This endeavor is marked by a series of initiatives aimed at embracing the potential of cryptocurrencies and blockchain technology. One significant aspect of this push is the licensing of crypto trading platforms within the city. By […]

With automated trading, traders may access the market more quickly and easily. They will not spend much time understanding the nuances of trading or coding. Choosing an automatic tool after doing some research takes a lot less time. So, using our list of the best crypto trading auto platforms will make your research process quicker. The […]

Solana (SOL) has plummeted in the last 24 hours following market factors and network issues due to an influx of users. The asset is down 7.72% today and 6% this week wiping out gains recorded by the recovery efforts in the market. Once hailed as outperforming other crypto assets on weekly gains, Solana is recording […]

Cryptocurrency exchange Coinbase faces more legal blows as a United States court reverses a previous ruling on a consumer’s securities lawsuit. Court documents show the 2nd US Circuit Court of Appeals has overturned the District Court ruling that struck out the case of the plaintiffs.  In 2021, Coinbase was slapped with a class action suit […]

The Solana blockchain has been undergoing some major challenges and network congestion issues in the past two days. As per data from Phantom the Solana blockchain has been currently experiencing congestion for the second time in the last 48 hours which could lead to transaction delay or failure. What’s Leading to the Solana Network Congestion? […]