MoneyGram is launching its personal entry into the digital custody area with an app designed to maintain each conventional fiat currencies and stablecoins. A trial run is scheduled in Colombia earlier than MoneyGram expands to different markets. It’s a rigorously deliberate choice, as most remittances in Colombia come from overseas, often in USD. The underlying…
Hyperliquid’s native token, HYPE, prolonged its rally on Thursday, leaping over 8% to commerce close to $58.77. The transfer comes after rebounding from its earlier report of $57.40 and locations the token simply shy of the essential $60 psychological barrier. Driving this surge is the profitable integration of USDC and Circle’s Cross-Chain Transfer Protocol (CCTP…
Ethereum ($ETH) is beneath the highlight after Fundstrat’s Tom Lee reiterated his bullish stance, stating that $ETH may attain $5.5K by mid-October. He additional added that each Bitcoin and Ethereum may make a ‘monster transfer’ within the subsequent three months. Lee defined that the motive force for this value rise would be the Federal Reserve’s…
Global inflation persists, and fiat currencies weaken. Crypto emerges as an “inflation hedge” for thousands and thousands of traders looking for to guard their wealth. MEXC’s report signifies that financial stress, cultural elements, and market cycles affect crypto adoption. It additionally highlights vital contrasts between areas. No One-Size-Fits-All Approach for Global Adoption As inflationary pressures…
The US Federal Reserve has lower rates of interest for the primary time in 9 months. Can Bitcoin’s value now break its earlier all-time high of $123,000? On-chain analysts predict the following two weeks might be essential for value motion, saying a brand new all-time high is probably going if futures premiums stay optimistic and…
From a widely known bridge, Wormhole is evolving right into a multi-functional monetary platform with W Token 2.0. With a 4.5-year unlocking mechanism and sustainable yield, W is anticipated to develop into the “blue-chip” of the cross-chain DeFi sector. Wormhole New Tokenomics 2.0 Wormhole (W) has simply introduced the W Token 2.0 upgrade, a serious tokenomics…
The Federal Reserve’s first charge minimize of 2025 has landed—25 foundation factors on September 17—and, in Trader Mayne’s telling, that removes the final macro “X-factor” hanging over the crypto market. In a video evaluation posted the identical day, the veteran price-action dealer argued that with the coverage transfer now within the rear-view mirror, crypto can…
South Korean crypto alternate Bithumb has launched a large-scale fee-free marketing campaign to broaden its market share aggressively. Bithumb introduced on Thursday that it’s going to apply zero buying and selling charges to 200 cryptocurrencies on its Korean Won market, efficient at 6:00 pm KST(09:00 am UTC) and operating till additional discover. Strategic Shift to…
The US Federal Reserve minimize the important thing rate of interest by 0.25 factors, with the change coming into impact at 2 PM ET. U.S. Federal Reserve Chair Jerome Powell gave a press conference on the identical day, hinting the minimize is a threat administration transfer. He went on to say that ‘[…] 1 /…
As the general market continues to maneuver sideways, Bitcoin (BTC) is making an attempt to reclaim its native vary highs as assist. After short-term volatility, fueled by the Federal Reserve’s (Fed) charge minimize, the cryptocurrency could possibly be poised to shut the month on a constructive be aware. Bitcoin Nears Multi-Month Bullish Run On Wednesday,…