The recent turmoil in the cryptocurrency market, particularly the significant dip in the Bitcoin price, has stirred a wave of speculation and discussion among investors and analysts alike. However, amid the chaos, there are signs of a potential recovery for Bitcoin, hinting at a renewed optimism in the digital asset realm. So, let’s take a […]
Top Crypto Exchanges in Austria
In Austria, to enter into the crypto world, it is always advised to begin with crypto exchange platforms. But, one must better go for the top crypto exchanges in Austria that are compliant with local financial regulations, such as the Financial Market Authority (FMA) or other European standards. This article includes the most accredited platforms […]
S&P Global Market Intelligence Reaffirms Fed June Rate Cut Stance
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 […]
Galaxy Digital Set to Raise $100 Mln Venture Fund with External Backing
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 […]
Bitcoin Short-Term Investors Lose $5.2B Amid BTC Price Crash
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 […]
PEPE and FLOKI’s Similar Outflows: Possible Weekly Reversal?
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 Backs USDT to Outshine Ripple New Stablecoin
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 […]
Hong Kong’s Top Bank Initiates Talks for Stablecoin Cash Reserves, What’s Next?
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 […]
Top 10 Crypto Auto Trading Platforms
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 […]
Why Solana Price Fell Today?
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 […]