BNB’s explosive surge to a new all-time high of $858 just days ago has faded fast, with the coin now hovering around $800, down nearly 7% in the last 24 hours. The quick reversal has traders questioning whether a new BNB all-time high is anywhere close, or if sellers are already tightening their grip. On-chain…
Ripple’s XRP shows signs of weakening bullish support as its price continues to move sideways with the leading coin, Bitcoin. Despite holding its range since last Thursday, two key on-chain metrics have declined over the past week. This drop suggests cooling investor interest, increasing the risk of a potential downside move. New Wallets Vanish, Futures…
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee for this outlier, Twenty One Capital, whose CEO and co-founder chooses to buck the trend against rising institutional adoption of Ethereum (ETH). Crypto News of the Day: Twenty One Capital…
The United States (US) Federal Reserve (Fed) will announce its interest rate decision and publish the policy statement following the July policy meeting on Wednesday. Market participants widely anticipate the US central bank will leave policy settings unchanged for the fifth consecutive meeting after cutting the interest rate by 25 basis points (bps) to the…
Pi Coin has been facing a steady decline over the last few days, with the altcoin now trading at $0.42. The downward trend has raised concerns among investors, as it inches closer to its all-time low (ATL) of $0.400. Current market indicators suggest further bearish pressure, raising fears that Pi Coin could drop below this…
Altcoin/ETH trading pairs can offer traders opportunities to earn dual profits. They can increase their ETH holdings and wait for ETH’s price to rise, thereby achieving double returns. However, this strategy isn’t easy. Determining when capital will flow into altcoin/ETH pairs is the most difficult part. Below are some notable insights from market analysts. Signs…
Two high-profile crypto-related scandals are in the headlines today, exposing how faith and trust in both religion and relationships were allegedly exploited to perpetrate multimillion-dollar frauds. The report comes amid increased crypto crime, this time going beyond kidnappings and mutilations. Pastor Couple Accused of Defrauding Flock With ‘God-Inspired’ Crypto Scheme In Denver, Pastor Eligio “Eli”…
Ethereum (ETH) price just slipped below $3,800 on its 10th anniversary, cooling off after briefly testing $3,900 earlier this week. Traders worldwide are still fixated on the psychological $4,000 level, but the latest on-chain data hints that this rally might not be as strong as it seems. Despite monthly gains of over 50%, the price…
Trump family’s decentralized finance (DeFi) project, World Liberty Financial, has extended its reach into the stablecoin market, investing $10 million into a synthetic dollar protocol. The investment cements WLFI’s growing influence in the stablecoin market following the recent launch of its own fiat-backed digital asset, USD1. Trump Family’s DeFi Firm Bets on Falcon Finance’s Project…
The recent price action of Hedera (HBAR) shows a sharp decline of 11% over the last three days. The altcoin is moving away from Bitcoin’s (BTC) orbit, reflecting a shift in market sentiment and weakening investor confidence. HBAR is now vulnerable to further decline, with worsening market conditions fueling outflows. HBAR Investors Pull Back The…