Sun, September 22

Search Results for: TheNewsCrypto

BlockDAG Eyes $1 Milestone Post Launch Amidst BNB Chain Buzz and Injective Ramps Up

Injective (INJ) and BNB Chain are shaking up the crypto realm with pivotal partnerships and bolstering nascent projects. Injective is currently solidifying its position, focusing on momentum through strategic collaborations like the integration with Toncoin. Simultaneously, BNB Chain is propelling fledgling blockchain ventures forward via its Incubation Alliance. In the

August 25, 2024 4 mins read

Fed Rate Cut Speculation Surges as Investors Await Key Inflation Data

Expectations on a possible Federal Reserve rate decrease in September skyrocketed, leading to a strong gain in the cryptocurrency market last week. Ethereum was trading at $2,800 while Bitcoin was close to $65,000 over the weekend. Next up, among other important events, are the US PCE numbers, which, among other

August 25, 2024 2 mins read

Solana (SOL) Hovers Around $160 Amid Ongoing Bullish Momentum

Prominent on-chain analyst Ali Chart tweeted an optimistic forecast for Solana (SOL). His chart suggests that Solana is forming a bullish Adam & Eve pattern, which might portend a significant price gain. According to Ali, the cryptocurrency price can surge by almost 33%, reaching $220, if SOL manages to surpass

August 25, 2024 1 min read

Telegram Founder Pavel Durov Arrested in France, TON Drops 16%

French authorities have arrested Pavel Durov, founder and CEO of the encrypted messaging platform Telegram. This is in connection with a search warrant that targets suspected infractions of the platform. Upon arriving at Le Bourget airport north of Paris, Durov was apprehended, according to Le Monde and other French media

August 25, 2024 2 mins read

Digital Currency Group Clears Short-Term Debt of Nearly $1B

Blockchain investment behemoth Digital Currency Group (DCG) has paid off all of its short-term debts as of June. This is according to a quarterly shareholder letter the business sent out this week. Thanks in large part to a stellar performance during the first half of the year, the firm was

August 25, 2024 2 mins read

Vitalik Buterin Hails Ethereum’s Resilience Over Supermajority

Ethereum co-founder Vitalik Buterin has lately brought attention to a crucial part of the network’s resilience. He called it “great news” for the Layer 1 network since the percentage of execution clients doesn’t go beyond two-thirds. In addition, the Ethereum blockchain has recently undergone significant modifications, and this announcement follows

August 24, 2024 2 mins read

Hong Kong Spot Bitcoin ETFs Reach $269M AUM Amid Slow Inflows

The assets under management (AUM) of spot Bitcoin ETFs in Hong Kong have topped 2 billion Hong Kong dollars, or around $256 million. When compared to their American equivalents, the Bitcoin (BTC) exchange-traded funds in Hong Kong have gotten off to a slower start. Data from SoSo Value shows that

August 24, 2024 1 min read

Polygon Discord Channel Breach Sparks Security Concerns

A breach has occurred in the Polygon community Discord channel. The chief information security officer at Polygon, Mudit Gupta, acknowledged the intrusion and warned users not to click on any links published in the Discord channel until the issue is fixed. Even though Gupta claimed that all privileged accounts had

August 24, 2024 1 min read

Are Solana Bulls Making a Comeback as Price Surpasses $155?

Over the last 24 hours, in an interesting turn of events, the crypto market has begun to show bullish sentiments. The overall market cap has increased by 4.07% while daily trading volume surged 47.66%. Leading cryptocurrencies such as Bitcoin and Ethereum surpassed previous resistance levels and attempted price recovery.  Notably,

August 24, 2024 2 mins read