Recently, an investor surprisingly offloaded 20,000 Toncoin (TON) following the asset’s sharp price reversal and redirected the capital into an emerging rival in the Real-World Asset (RWA) space—Rexas Finance (RXS). Priced at just $0.03 during its presale, Rexas Finance has rapidly gained attention as one of the most promising blockchain
Matthew Sigel, Head of Digital Assets Research at VanEck, refuted previous assertions made by Bernstein that the US election would directly affect Bitcoin. Investors are taking notice of this counterargument, which downplays the impact of the 2024 US presidential election on the BTC surge. Sigel made an interesting observation on
The latest data from CoinShares shows that cryptocurrency investment products had another rough week, with $726 million leaving the market. Crypto investment products have seen the biggest outflow observed since March 2024, according to CoinShares’ head of research James Butterfill’s latest “Digital Asset Fund Flows Weekly Report” published on September
Following a disappointing August employment report that hinted at the US economy’s continued vulnerability to a recession, Bitcoin’s (BTC) value fell below $54,000 over the weekend. However, it has since recovered and is again trading around $56,000. Crypto equities have also seen a significant recovery, similar to the price of
Crypto Staking has become one of the most popular ways to earn a passive income by investing in cryptocurrencies. With the evolving nature of cryptocurrencies, CryptoHeap has gained a greater place in the market values and the investors have the opportunity to gain higher rewards. This article will provide you
Bitcoin is trading around the $54,000 mark, showing strong market dynamics as it hovers near significant support levels. Bitcoin price declined by 4.09% in the last 24 hours. Over the last few days, BTC’s performance has indicated a mixed sentiment, with both bullish and bearish factors in play. Bitcoin’s previous
The recent hike in the petroleum price by 45% might continue to put pressure on the Central Bank of Nigeria to pause the interest rate hike meeting scheduled this month. The central bank has raised its interest rate by 15.25 percent since 2022, taking it to a record of 26.75%
According to BitMEX co-founder and former CEO Arthur Hayes, Bitcoin prices may not react positively to interest rate reduction from the Federal Reserve. According to a post by the Maelstrom chief investment officer on X on September 2, Bitcoin values have been struggling and declining since Federal Reserve Chair Jerome
As of September here, the anticipation is high that the Federal Reserve’s Federal Open Market Committee (FOMC) meeting, scheduled for 17 and 18 of this month, might decrease the federal funds rate. Notably, the prediction platform, Polymarket, traders are betting on the federal rate cut with a $10.9 million volume.
The light-hearted nature of crypto has bounced back into the limelight during crypto’s latest purple patch, with the rise in crypto prices this year accompanied by a resurgence in so-called memecoins, led by the likes of Dogecoin, Pepe and Shiba Inu. According to data from BDC Consulting, the number of
