On Thursday, July 11, the crypto market players are anticipating the publication of the U.S. Consumer Price Index (CPI) statistics with great anticipation. Crucial inflation statistics may set the tone for the Fed’s future position with their policy rate plans, therefore the whole financial market will closely monitor it. Everyone
The cryptocurrency market is once again buzzing with excitement as investor confidence in Bonk (BONK) and Mpeppe (MPEPE) reaches new heights. Both tokens are projected to rally by an impressive 1000%, drawing significant attention from both seasoned investors and newcomers alike. This article explores the factors fueling this optimism and
The German government’s recent move to sell off substantial Bitcoin holdings has made big waves in the cryptocurrency market. According to Arkham Intelligence data, approximately 8,853 Bitcoins were transferred out of government wallets today, reducing their total holdings to 15,110 Bitcoins valued at $887 million. This follows a series of
Blockchain analytics firm Elliptic has released a report accusing the Cambodia-based marketplace Huione Guarantee of enabling money laundering and other illicit activities. Since its inception in 2021, crypto wallets associated with Huione Guarantee and its independent merchants have reportedly received over $11 billion, which is suspected of involving fraudulent transactions.
Zodia Markets, a cryptocurrency subsidiary of Standard Chartered, is reportedly on the verge of acquiring Elwood Capital Management. This move signifies the growing intersection of traditional banking and the burgeoning crypto sector. The parties have not officially confirmed the deal. Yet, the acquisition is anticipated to be finalized by the
Coinbase, the largest cryptocurrency exchange in the USA, has added the altcoin Stader (SD) to its listing roadmap. According to Coinbase’s official statement, SD will be supported on the Ethereum network, generating excitement within the community. While being added to the roadmap does not guarantee a listing, historically, these tokens
Warsaw, Poland, 10th July 2024, Chainwire
In the cryptocurrency realm, notable players such as Shiba Inu, Cardano, and the innovative BlockDAG are making significant strides. Shiba Inu is intensifying its token burns, potentially signaling a price boost, while Cardano introduces eco-friendly updates in line with impending EU regulations. Meanwhile, BlockDAG debuts advanced mining technology that promises
Ethereum’s recovery rally has gained momentum, with the price jumping in the last 48 hours, as Bitcoin sustains its position above the crucial $56,000 support level. The recent surge in ETH’s price, coupled with $52M in short-side liquidations, suggests that the bearish grip on the Ethereum price trend is loosening.
Los Angeles, United States, 9th July 2024, Chainwire
