Stellar’s XLM looks poised for a bullish breakout this month, with technical indicators flashing green. The altcoin has formed a classic bull flag pattern on the daily chart, a trend often preceding an extended upward move. If the setup holds, XLM could be on track for a move toward the $0.67 mark. XLM Prepares for…
Expectations that the US Federal Reserve (Fed) will cut interest rates in September have been rising recently. While most forecasts interpret this as a positive sign for the stock and crypto markets, history tells a different story. Historically, Fed rate cuts often signal the beginning of economic recessions—a trend observed over multiple decades. A Fed…
The stablecoin sector achieved another milestone in July, with total market capitalization reaching a new all-time high of $261B, representing a 4.87% monthly increase. This achievement extends an unprecedented twenty-two consecutive months of growth for the stablecoin market. $1.60T Trading Volume Powers July’s Stablecoin Market Growth According to the latest Stablecoins & CBDCs Report from…
Cosmos Health Inc, a diversified global healthcare group, has secured up to $300 million in financing to launch an Ethereum treasury reserve strategy. According to an official press release, the healthcare company entered into a securities purchase agreement with a U.S.-based institutional investor for senior secured convertible promissory notes, marking its entry into corporate cryptocurrency…
James Howells, the British man who famously lost access to 8,000 Bitcoin in a 2013 landfill accident, is setting the record straight. Taking to X (formerly Twitter), Howells pushed back against recent social media claims that he has abandoned his search. He firmly denied the rumors and revealed a new strategy to reclaim his lost…
Cryptocurrency exchange Bitget has introduced a new conversion payout feature designed to simplify the process of off-ramping digital assets. The service enables users to convert cryptocurrencies such as Bitcoin and Ethereum into fiat currency and deposit the funds directly to their Visa or Mastercard accounts. This development aims to minimize the delays and complications often…
A new Federal Reserve research note has given the most detailed official assessment to date of proposals to finance a US Strategic Bitcoin Reserve (SBR) by re-marking the Treasury’s gold hoard to market—and the verdict is cautious. In “Official Reserve Revaluations: The International Experience,” senior economist Colin Weiss reviews five historical cases in which governments…
Several low-cap tokens stormed the crypto leaderboard in August, leaving investors baffled and opportunistic traders euphoric. With gains exceeding 2000% in some cases, tokens like TROLL, MEMEFI, and MYX have turned micro-bets into millions. However, beneath the euphoria, many are torn between whether this is a revolution in the making or a well-orchestrated mirage. Anatomy…
Binance Charity has announced a relief initiative worth up to $1.2 million in BNB for users impacted by recent floods in southern Taiwan. Key Takeaways: Binance Charity will distribute up to $1.2 million in BNB to flood-affected users in southern Taiwan. Eligible users verified before August 7 will receive $80, while a second round offers…
Bakkt Holdings acquired approximately 30% of Tokyo-listed textile company MarushoHotta for $115 million, becoming the largest shareholder and planning to rebrand the yarn maker as “Bitcoin.jp,” effectively pivoting toward crypto treasury operations. The acquisition transforms the 120-year-old Japanese manufacturer into a Bitcoin-focused investment vehicle under new CEO Phillip Lord, President of Bakkt International. From Textiles…