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Search Results for: crypto market

Will Solana’s (SOL) $170 Breakout Trigger a Short Sell-off?

While the global crypto market turns green for the week with Bitcoin (BTC) climbing to $63,000, the leading altcoin Solana (SOL) breaches the $160 zone after five weeks of consolidation. This positive trend is fueling optimism among investors and analysts alike. According to on-chain analyst @ali_charts, if Solana’s price reaches

July 16, 2024 2 mins read

TRON USDT Issuance Surpass $60B Amidst Tether Legal Troubles

In a notable development, Justin Sun, founder of TRON, announced a significant milestone as TRON’s issuance of USDT surpassed $60 billion, marking a milestone in the blockchain’s history. Sun highlighted TRON as the first blockchain to host a single stablecoin exceeding this threshold, underscoring its growing influence. The issuance of

July 16, 2024 1 min read

Spot Ethereum ETFs to Launch Next Tuesday Ending Excruciating Waits

The crypto market welcomed the update that spot Ethereum ETFs will be launched next week on July 23. Several sources including Reuters have confirmed that the SEC might allow trading of the ETFs next Tuesday. This recent update has caused a positive price rally in Ethereum as it regains its

July 16, 2024 2 mins read

Fed Chair Jerome Powell Hints Rate Cuts Despite Inflation Above 2% Target

The Federal Reserve will likely not wait for the inflation to fall below 2% before decreasing interest rates, according to Federal Reserve Chair Jerome Powell. Although it is still higher than the Federal Reserve’s 2% objective, recent data from the US Labor Department reveals that inflation is dropping to 3%.

July 16, 2024 2 mins read

BlackRock CEO Larry Fink Endorses Bitcoin Amid Economic Uncertainty

In light of the current economic uncertainty in many countries, BlackRock CEO Larry Fink has gushed over Bitcoin (BTC) as an investment opportunity. A further bright spot in the global market, according to the CEO, is expansion in the private sector. After trading below $60,000, the crypto market recovered, and

July 15, 2024 2 mins read

Donald Trump’s Assassination Attempt Fuels Bitcoin to $63,000

Bitcoin’s (BTC) price has extended its upward momentum, hitting the $63,000 mark on Monday. This rise comes against a backdrop of heightened market activity and dramatic news, including a failed assassination attempt on former President Donald Trump, which added to the market’s surge. Over the past day, Bitcoin’s price has

July 15, 2024 2 mins read

The GREATEST Altcoin Play Of The 2024 Bull Cycle Is…

The crypto market is experiencing a calm before the storm, with anticipations of an imminent bull run heightening across the community. Major altcoins are currently at low levels, simmering with potential and poised to skyrocket. In this serene yet tense environment, the excitement for the next explosive growth phase is

July 14, 2024 4 mins read

BlockDAG’s Stunning CGI Video Nets Explosive $57.9M In Presale, Towering Over Solana ETFs & AVAX Moves!

BlockDAG has just launched an impressive CGI video, demonstrating its groundbreaking vision and superior blockchain technology. This visual masterpiece effectively sets new industry benchmarks, leaving competitors in the dust as it escalates presale figures to a remarkable $57.9 million. While BlockDAG surges ahead, the crypto scene also sees significant advancements

July 14, 2024 4 mins read
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