The crypto world is seeing some interesting moves lately. Ethereum’s price has dropped amid talks of potential rate cuts by the Fed, sparking conversations about the future of decentralized finance (DeFi). Meanwhile, Monero (XMR) is also riding a wave of uncertainty despite strong technical indicators, slipping by 0.39% recently. Amidst
XRP finds itself at a critical juncture as it approaches the culmination of a month-and-a-half-long symmetrical triangle pattern. Despite repeated failures to breach a key resistance barrier, the token now shows signs of potentially breaking out of this consolidation phase. This development has ignited optimism among traders, who are increasingly
Well, guess what? The NFT space might seem deadly quiet, but it may not be ‘dead.’ The market floor feels shaky and intensely bearish right now. Despite that, there’s a hustle for something fresh, and innovation is brewing. Projects attempt to pivot and explore new horizons. Or try to synergize
Over the last week, the cryptocurrency market has shifted towards a bullish trend, with the global market cap rising by 10.29%. Among the beneficiaries of this rally is NEAR Protocol (NEAR), a leading layer-one blockchain that has recorded a notable 23% increase in its price in the past week. The
Digital asset investment products experienced net inflows of $321 million for the second consecutive week, according to CoinShares. The surge was largely attributed to the U.S. Federal Reserve’s decision to cut interest rates by 50 basis points (bps), which was viewed as a dovish move by the market. Total assets
Worldcoin (WLD) is currently trading at $1.68, marking a 5.93% increase in the last 24 hours, driven by improving market sentiment. The recent price movement followed a bounce from the previous support at $1.475, suggesting renewed bullish momentum. The broader market has responded positively to a 50 basis point (bps)
Australia’s financial regulator, the Australian Securities and Investments Commission (ASIC), is pushing for tighter control over the country’s cryptocurrency sector. ASIC Commissioner Alan Kirkland has revealed that crypto firms, not just exchanges, may soon be required to obtain licenses under the Corporations Act. This move is intended to offer better
In the last 24 hours, the cryptocurrency sector witnessed a spur in activity after the weekend. Notably, the Democratic candidate, Kamala Harris’s pro-crypto statement caused a wave of relief among community members who anticipated for her silence to end. Additionally, Hamster Kombat revealed the token allocations for their token drop
Over the last four years, the presence of artificial intelligence (AI) and its associated technologies has seeped into several key industries, be it supply chain management, healthcare, or finance. As a result, discussions surrounding the need for ethical AI development and deployment have grown globally. In this context, the blockchain,
XRP recently outperformed many cryptocurrencies but is currently trading at $0.5861, reflecting a 1.63% decrease. The 24-hour trading volume stands at $940 million, a 14.94% drop, while the market capitalization is approximately $33 billion, down 1.67%. Ripple CEO Brad Garlinghouse, recently addressed a concerning incident involving the Supreme Court of
