The US Federal Reserve (Fed) Chair Jerome Powell’s unexpectedly restrictive tone sent shockwaves through markets. Fed held a Federal Open Market Committee (FOMC) meeting on the 30th and decided to keep interest rates unchanged at 4.25-4.50%. The Fed has held interest rates steady for five consecutive meetings since January. This decision comes amid ongoing pressure…
Pi Coin has been one of the worst-hit tokens over the past year, sliding more than 50%. Many traders were hoping that PI would catch a bigger bullish wave with the rest of the altcoin market. But the latest charts show a different picture; not only is PI price close to setting a new all-time…
The XRP price has been stuck in a tight range for several days, cooling off after hitting a monthly high of $3.65 earlier this month. Since then, it has dropped by about 14% and now trades near $3.13. Now it is showing only a modest 5% gain over the last week. The pullback has kept…
Bolivia’s Central Bank has signed a memorandum of understanding (MOU) with El Salvador’s National Commission of Digital Assets (CNAD). The collaboration seeks to develop and regulate the use of digital assets in the country. In the face of Bolivia’s economic challenges, the BCB also called cryptocurrencies a ‘viable and reliable alternative’ to traditional fiat currencies….
July marked a historic month for the crypto market. Trading activity reached astronomical levels, pushing global crypto market capitalization above the $4 trillion mark for the first time ever. However, the euphoric rally has also triggered waves of profit-taking, prompting a short-term pullback across several digital assets in late July. Still, large holders—often called crypto…
On-chain data from Pi Network in July seems to contradict Pioneers’ expectations. While Pioneers hoped that recent updates from the Pi Core Team would drive demand, reality shows increasing selling pressure instead. The clearest evidence lies in the rising amount of Pi transferred to centralized exchanges throughout July. Over 400 Million PI Held on CEXs…
Ethereum isn’t just a coin you trade anymore. Over the last three months, the ETH price has jumped over 100%, with July alone adding nearly 50% gains. But what’s more interesting on Ethereum’s 10th anniversary is that people aren’t just chasing the price chart anymore; they’re chasing yields. ETH’s pump has sparked activity across staking,…
Cardano founder Charles Hoskinson lauded USDM, a new entrant in the stablecoin market. Reports suggest it may be more advanced than USD Coin (USDC). The stablecoin market remains one of the most competitive sectors in the US, with political players and traditional banks competing for a share of the space. Cardano Founder Hails New Stablecoin…
The US Dollar Index (DXY) surged to 99.98 points on Wednesday, marking its highest level in two months. This came after the US Federal Reserve decided to maintain the key benchmark interest rates within the 4.25%–4.50% range. Notably, the rise coincided with a drop in Bitcoin’s (BTC) price, reaffirming the inverse correlation between DXY and BTC…
Once a little-known player in 2023, Hyperliquid is now reshaping the DeFi industry in 2025, outpacing Robinhood in trading volume and challenging the dominance of centralized exchanges. With an aggressive growth strategy and unique approach to liquidity, this decentralized exchange (DEX) is no longer flying under the radar. Centralized Exchanges Beware: Hyperliquid Is Catching Up…