Morgan Stanley, a prominent financial institution, anticipates stablecoins to back the U.S. dollar (USD) amidst concerns of de-dollarization. The report highlights the challenges USD is exposed to due to the rise of digital currencies. In addition, it underscored the global efforts to promote de-dollarization. EU & China Intensify De-dollarization Risks Morgan Stanley underscores the current […]

Cryptocurrency Picks for Today: On Tuesday, the crypto market witnessed a minor relief rally in its correction trend, as the Bitcoin price tries to stabilize above the $42000 mark. Although the recent introduction of spot Bitcoin ETFs didn’t trigger a major uptick in the underlying asset BTC, current technical chart analyses suggest that this correction […]

Dogecoin, one of the most popular meme coins functioning atop the Ethereum blockchain, echoed a sense of frenzy across the global crypto landscape on Tuesday as the token recorded an enormous whale transaction. This transaction birthed a tidal wave of speculations among crypto market enthusiasts globally as it emerged amid the meme coin’s price jump. […]

In a fiery exchange of words, Ripple CEO Brad Garlinghouse has labeled U.S. Securities and Exchange Commission Chairman Gary Gensler’s crypto stance as “insanity.” Meanwhile, the heated criticism stems from Gensler’s regulatory stance on the crypto industry, delays in approving bitcoin exchange-traded funds (ETFs), and high-profile legal battles, including Ripple’s own lawsuit. Notably, as tensions […]

The crypto market’s post-Bitcoin ETF sell-off hangover lingers, but a sense of uneasy calm has settled in. Chainlink price, for one, seems to be testing investor’s patience, falling back from $16 to $15. If a key technical pattern plays out, LINK could be in for a steeper dive. The 20 Exponential Moving Average (EMA) on the four-hour […]

After the approval of the 11 Spot Bitcoin ETFs, the Bitcoin (BTC) price shot up significantly, nearing $49,000. However, subsequently, the oldest crypto witnessed a bearish turn, now trading at around $43,000. Amid the declines, a crypto analyst sold off a substantial share of his Bitcoin holdings to acquire Ethereum (ETH). Why did the crypto […]

BitMEX Co-Founder Arthur Hayes recently highlighted Hong Kong and China’s impact on the Western adoption of U.S. Bitcoin ETFs. In a blog, he predicted potential challenges and competition for the U.S. Bitcoin ETFs in Western markets. In addition, Hayes noted that similar products are slated to be launched in the West, posing a threat to […]

As of January 16, 2024, the cryptocurrency market faced a slight increase with a 0.70% and 3.25% increase in total market capitalization and trading volume respectively. Let’s delve deep into why, amidst this bullish sentiment, XAI games token price, conformed to the odds, experiencing a remarkable surge of over 40%. A Closer Look at the […]

Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, once again stirred a whirlpool of speculations across the broader crypto market on Tuesday as the token recorded a staggering surge in its burn rate. As per on-chain data hovering over the crypto horizon, over 36 million SHIB burnt over the […]

Terra Luna Classic core developer L1TF has announced a core security upgrade package to address the security risks and other concerns of the Terra Luna Classic community. The upgrade of core components will improve security and stability of the chain. Traders reacted positively to the announcement, causing the LUNC and USTC prices to jump massively […]