XRP Clings to $0.50 Support as Downtrend Continues: Japan Partnership Offers Glimpse of Hope
Ripple (XRP) managed to hold above the crucial $0.50 support level on Wednesday, despite facing a downward trend that has wiped out all gains since...
Fed Holds Rates Steady, Bitcoin Bounces as Rate Cut Hopes Fade
The Federal Open Market Committee (FOMC) delivered a widely anticipated decision today, maintaining the benchmark federal funds rate at 5.25-5.50%. This move aligns with market...
Why Shiba Inu (SHIB) Dipped 20%: Bitcoin Halving Hype Fizzles as Macro Factors Take Hold
Shiba Inu (SHIB) has experienced a disappointing price run since the highly anticipated Bitcoin halving, dropping nearly 20% in the past week alone. While the...
Is the Bull Run Over? Bitcoin Suffers Deepest Retracement (-23%) Since November 2022 as ETF Outflows Intensify
Bitcoin's post-halving rally has hit a snag, experiencing its deepest retracement since November 2022, dropping a concerning 23%. Analysts point to a significant factor behind...
Cardano Tumbles Below $0.43: On-Chain Data Reveals DeFi as Culprit for 35% April Drop
Cardano (ADA) experienced a turbulent April, mirroring the broader crypto market's cautious stance following Bitcoin's halving. Despite the community's optimism surrounding the Ouroboros Genesis hardfork,...
Binance Burns 1.7 Billion LUNC in May, Leading the Terra Classic Revival
Binance, the leading cryptocurrency exchange, has executed its May Terra Classic (LUNC) burn, sending over 1.7 billion tokens to oblivion amidst a price decline below...
Uniswap Dominates L2 Trading: 650% Volume Surge Amidst Regulatory Scrutiny
Uniswap, the leading decentralized exchange (DEX) on Ethereum, is experiencing a surge in activity on Layer 2 (L2) solutions, showcasing the growing adoption of these...
“Funds Are SAFU”: CZ Emphasizes User Safety Despite Imprisonment, Vows Industry Education
Changpeng Zhao, better known as CZ, the founder and former CEO of the world's largest cryptocurrency exchange, Binance, received a four-month prison sentence after pleading...
Tether Shatters Records: $4.5 Billion Profit and $90 Billion in U.S. Treasuries
Tether, the company behind the world's largest stablecoin, USDT, released its first-quarter 2024 attestation, revealing a record-breaking $4.52 billion net profit. This staggering figure underscores...
Interest Rates vs. Crypto: How Fed Interest Rates Impact Cryptocurrencies
The cryptocurrency market, with its ever-evolving landscape and inherent volatility, is subject to numerous forces beyond its own ecosystem. One such influential factor is the...