Neel Kashkari, president of the Federal Reserve Bank of Minneapolis. Who has joined other Federal Reserve officials in supporting interest rate cuts, saying two cuts in 2025 seem right. In a CNBC interview, he pointed to signs of a slowing US economy. Especially after the July jobs report showed a
The potent bearish trap set within the crypto market has pushed the assets into the red zone. The prices have lost momentum and slipped back to recent lows. With the Fear and Greed Index value holding at 52, the neutral sentiment is lingering across the market. However, the largest altcoin,
MYX Finance has become one of the brightest stars in the crypto market. The token has gained 35% in the last 24 hours, becoming the best performer in a single day on CoinGecko and CMC, going against the overall market. MYX Finance is performing exceptionally well in the global cryptocurrency
South Korean crypto custodian BDACS has announced the official launch of institutional custody services for XRP, which is a big step in the development of digital asset infrastructure in the country. The release comes after BDACS entered into a strategic partnership with Ripple in February and is a sign of
The crypto assets are oscillating between green and red fields, as the market chooses to be indecisive. Notably, the meme coin market cap has reached $70.3 billion, after losing over 4.2%. Among the meme coins, the dog-themed Dogecoin (DOGE) has registered a slip of 0.43% in the last 24 hours.
The cryptocurrency market’s recovery attempts have failed, with all major assets painted in red, trading on the downside. Notably, the largest asset, Bitcoin (BTC), has fallen toward the $113.8K range. Meanwhile, Ethereum (ETH), the largest altcoin, hovers at $3.6K, triggering the altcoins to shed their recent gains in the price
Ji Kim, the new CEO of the Crypto Council for Innovation, says the US is ready to take the lead in the global crypto race following a recent White House report on digital assets. The report pushes for better coordination between the SEC and CFTC, ending their long fight over
With the Fear and Greed Index at around 55, the market sentiment falls under the neutral territory. All the major assets are stuck between both green and red flags. Turning around the altcoins, Solana (SOL) has posted a spike of over 2.24% in the last 24 hours. In the early
Pi Network has made its entry into the field of artificial intelligence by investing in OpenMind, a $20 million funding round in humanoid robotics. It is the first significant venture capital step by the cryptocurrency platform since it announced its 100 million investment fund to seek real-world applications. The funding
Crypto assets have been swinging between gains and losses, with their prices shedding the recent gains. The largest assets, like Bitcoin and Ethereum, are attempting to reclaim the recent highs. Almost every day, a few altcoins are stealing the spotlight. Today’s top gainer position is secured by Mantle (MNT). Mantle
