The most powerful indication of Fed rate reduction came from US Federal Reserve Chair Jerome Powell during his Friday address in Jackson Hole. Following the recent publication of the FOMC Minutes, the stock and cryptocurrency markets were already in a bullish mood. But Powell’s statement that “The time has come
Coinbase has announced that it would offer EURC, Circle’s euro-backed stablecoin that integrates with Solana. With more and more eyes on the crypto industry, the stablecoin market is seeing more attention worldwide, prompting this move. It is worth mentioning that the most recent declaration follows the exchange’s previous statement that
Crypto holders with stakes in Dogwifhat (WIF) and BNB are facing a challenging period as both coins experience significant downturns. Amid these market challenges, contributors are gravitating towards BlockDAG (BDAG), attracted by its impressive $67.7 million presale that remains unaffected by the market’s turbulence. The recent public debut of BlockDAG’s
Cardano (ADA) has demonstrated remarkable resilience in the wake of a market downturn, staging a compelling recovery from its August 5 low of $0.27. This rebound has seen ADA’s price surge to reach $0.37. The recent price action has been accompanied by a notable increase in futures market activity. Data
An important update on the status of customer withdrawals has been released by WazirX, one of the biggest cryptocurrency exchanges in India. It also detailed what would happen next after the hack disaster was addressed. After hackers stole $230 million worth of ERC-20 tokens in an incident on July 18,
U.S. spot bitcoin ETFs have now had six consecutive days of positive inflows, with Thursday’s data showing net inflows of $64.91 million. SoSoValue data shows that on Thursday, the biggest inflow among the funds was $75.49 million into BlackRock’s IBIT, the biggest spot bitcoin ETF by net assets. A total
Chainlink (LINK) has emerged as a standout performer in the cryptocurrency market, staging an impressive recovery that aims to recoup losses incurred in late July. This resurgence, however, brings with it a paradoxical challenge: the potential for overheating due to intense bullish sentiment. The altcoin’s recent price action has caught
In preparation for an impending network upgrade, the cryptocurrency exchange Upbit will temporarily disable the Near Protocol’s (NEAR) deposit and withdrawal services. An official announcement states that the suspension will start on August 26 at 3 am UTC. And continue on until the network upgrade is determined to be stable.
Berlin, Germany, 23rd August 2024, Chainwire
HashKey Capital has just announced an exciting partnership with Aethir and CARV as co-hosts for the highly anticipated Decode: Legacy event at Token2049 Singapore. On September 17th, 2024, this groundbreaking immersive theatre experience will transform the iconic Raffles Hotel into a living stage where the mysteries of the crypto world
