The United States announced the Fed rate has kept steady at 5.25%–5.50% on Wednesday. Federal Reserve Chair, Jerome Powell, signals a rate cut during the September meeting. This could happen if economic data continues at the proper pace. The Powell-led panel ended its fifth policy-setting meeting for 2024 on July
August 1, 2024 2 mins read
A series of security breaches has recently escalated in the crypto market. The well-known Terra blockchain has now been added to the list of victims. The Terra blockchain has suffered a significant security breach, resulting in the theft of tokens valued approximately $5.54 million at current prices. Their official X
July 31, 2024 2 mins read
The Bitcoin (BTC) price seems to extend losses in the market. In the past 24 hours, the largest crypto has struggled to clear the $66.5K level and dipped by 1.28%. A low has formed near $65,323. Following BTC’s price dip, the global crypto market returned to $2.36 trillion, down by
July 31, 2024 2 mins read
Ethereum (ETH), the second-largest cryptocurrency, resumes encountering a feud at the borderline post the launch of spot ETH ETFs. The asset is priced in red, dropping by 1.28% over the past 24 hours. This decline comes alongside Bitcoin’s fall of over 4% to $66.5K from $69K. Ethereum celebrates its ninth
July 30, 2024 2 mins read
The legal battle of the U.S. Securities and Exchange Commission (SEC) with other firms and personalities are resurfacing to the mainstream. Two renowned artists have filed a legal suit against the SEC due to the uncertain classification of non-fungible tokens (NFTs) as securities. On July 29, songwriter Jonathan Mann, popularly
July 30, 2024 2 mins read
The crypto market is recovering from its lows, as most of the tokens are priced in green. Notably, the fear and greed index stays at 63, indicating greed in the market. Sooner or later, traders are anticipating a potential bull run. In the past 24 hours, the global crypto market
July 29, 2024 4 mins read
At the Bitcoin 2024 Conference, industry experts and US lawmakers expressed their future intuitions of the crypto market, highlighting its potential for substantial growth. Amid the pro-crypto scenario, the University of Wyoming (UW) has announced the establishment of its Bitcoin Research Institute (BRI) at this crucial event in Nashville on
July 29, 2024 2 mins read
Shiba Inu (SHIB) began its day bullish as the meme coin rebounded from its recent lows. Some of the analysts are predicting that SHIB can recover and climb up to new highs. Over the past 24 hours, the meme coin’s price has recovered by 2.45%. On the other hand, according
July 27, 2024 2 mins read
Bitcoin (BTC) has maintained its momentum above $65K since the start of the week. The asset has climbed to $68K amid a greedy market sentiment. This surge is supported by institutional investors and notable figures who advocate for Bitcoin. Adding on to it, the Bitcoin Conference in Nashville has generated
July 27, 2024 3 mins read
The crypto market is concisely in the bullish momentum over the past 24 hours, with major tokens charted in green. The brief rally might have triggered the occurrences of ETH ETFs and the presence of renowned political figures in the Bitcoin conference happening at Nashville. How will the coming week
July 26, 2024 2 mins read