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Investors Await US Employment Data Amid Fed Rate Cuts Speculation

There have been increasing demands for Bitcoin prices below $50,000. As the market continues to see selling pressure on the cryptocurrency. Nevertheless, Bitcoin whales persist in amassing BTC with each price decline. The whales seem to be feeling confident in the days leading up to Friday’s publication of US employment

September 6, 2024 1 min read

SunPump Powers TRON Activity But Fights to Keep Pace

For much of 2024, nearly 98% of activity on the TRON network was attributed to stablecoins. However, since the release of Sun.pump on August 9, this has shifted dramatically. Sun.pump, a TRON-based platform allowing users to create community-centric memecoins, has triggered a surge in non-stablecoin activity. According to Crypto Quant,

September 6, 2024 2 mins read

Ethereum Cofounder Vitalik Buterin Redirects Focus Away from L2 Tokens 

Vitalik Buterin’s decision to donate his L2 tokens instead of investing further highlights a critical market trend. Layer 2 solutions, such as Optimism and Arbitrum, have gained popularity. They offer much-needed scalability for Ethereum by processing transactions off-chain. However, Buterin’s recent announcement suggests he believes the market is overly focused

September 6, 2024 2 mins read

Binance CEO Richard Teng Confirms CZ Ban from Binance

Founder and former CEO of Binance, Changpeng Zhao is banned from Binance. The company has given him a lifetime suspension. Axiospro report states that he is forbidden to restrict him from returning to his leadership position at Binance. He is banned for life from the leadership under a deal with

September 6, 2024 2 mins read

Bitcoin Price Struggles to Regain Momentum Amid Bear Dominance

Since the beginning of September, Bitcoin (BTC) has failed to flaunt vital price movements. Analysts hint that this might be one of the worst-performing months for Bitcoin based on its historical performance. BTC has faced difficulty maintaining a rally above the $58,000 mark.  The current market volatility has kept Bitcoin

September 6, 2024 2 mins read

What Does a 70x Profit MKR Sell Off Mean for Its Future ?

A long-term MakerDAO holder has drawn attention after selling 251.5 MKR tokens, netting $408,000 worth of Ethereum. The transaction, executed seven hours ago at $1,624 per token, yielded a return of nearly 70 times the initial investment. They acquired 451.5 MKR tokens in 2017 at around $23 per token. 🚨

September 6, 2024 2 mins read

Are Cryptocurrency and Bitcoin the Same Thing?

The rapid evolution in the financial world has brought many into the world of digital currencies, but confusion often occurs with cryptocurrency and Bitcoin. One would easily ask, are they the same thing? Simply, the answer is no. Though Bitcoin is a kind of cryptocurrency, that does not make it

September 6, 2024 5 mins read

Aave, Uniswap (UNI), and RCO Finance (RCOF) Compete for the Top Spot in Ethereum DEXes

The debate over the top DEX on Ethereum is intensifying as established leaders Aave (AAVE) and Uniswap (UNI) encounter issues while a new entrant called RCO Finance is already disrupting the market.  With innovative features and a lucrative public presale, RCO Finance aims to capture market share and establish itself

September 6, 2024 3 mins read

Solana Faced 20% Drawdown after Failing to Break $160: What’s Next For SOL?

Solana (SOL) finds itself at a critical juncture following weeks of heightened volatility and a 20% drawdown in late August. Despite multiple failed attempts to breach the $160 resistance level, recent shifts in market behavior and key technical indicators suggest a potential rebound may be on the horizon, rekindling optimism

September 6, 2024 2 mins read

Ethereum Underperforms Bitcoin by Whopping 44% Since The Merge

Analysts claim that since the “merge” to proof-of-stake on the Ethereum blockchain occurred about two years ago, Ether’s performance has lagged behind bitcoin’s by a margin of up to 44%. Almost two years have passed since Ethereum’s upgrade, The Merge, which transitioned to a proof-of-stake network, and next week will

September 5, 2024 1 min read