Fantom (FTM) Rocketed 45% Last Week Ahead of FOMC Decision
The Fantom (FTM) coin lost some of its traction while falling to the $0.2916 level, unable to continue its upward rally. The majority of coin and token prices rose, indicating…
Synthetix SNX Pumps 30% in Seven Days – Key Fundaments in Play
The Synthetix SNX coin failed to maintain its upward rally, losing some traction and declining around the $2.85 level. Most coin and token prices rose, indicating that the cryptocurrency market…
Solana eyes 40% jump in August despite long-term bearish signals
The bear flag setup for SOL price could result in another interim relief rally amid macro headwinds. Solana (SOL) dipped to a two-week low at around $35.50 on July 26,…
Two-thirds open to a Web3 career for its potential and flexibility: Survey
The report “Journey Into Web3” shows that 64% of survey participants are interested in exploring Web3 career opportunities. A new survey from crypto exchange KuCoin shows that Web3 enthusiasts who…
Official explains why China CBDC should not be as anonymous as cash
While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said. China’s…
Bitcoin price struggles to defend $21K as Coinbase faces new SEC wrath
Cold feet reigns across crypto markets once again as Bitcoin bulls lose steam and Ethereum drops 15% in two days. Bitcoin (BTC) fell to $21,000 on July 26 after it…
KuCoin Will Launch a New Fund to Fight FUD, Says CEO
Summary: KuCoin CEO, Johnny Lyu, has announced that the exchange will launch an anti-FUD fund. The fund will focus on educating the global community on how to spot FUD. The…
Uncertainty around French laws prompted F1 racers to remove crypto branding: Report
Spectators could not see Crypto.com’s logos during Formula One’s French Grand Prix, while staff from Alfa Romeo, AlphaTauri, and Alpine reportedly removed crypto-related branding. Many Formula 1 international racing teams…
HARTi and Mitsui Sumitomo roll out NFT insurance coverage for claims
The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller. As announced on Tuesday, Japanese NFT Platform HARTi and…
IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast
Bitcoin can still rise to seven figures within five years, PlanB claims, calling for investors to ignore short-term “noise.” Bitcoin (BTC) fell below $21,000 for the first time in eight…
Sentiment and inflation: Factors putting pressure on Bitcoin price
Bitcoin prices are besieged by a multitude of factors, and the cryptocurrency is struggling to breach the $25,000 mark. Subsequently, there are fears that Bitcoin prices will take longer to…
Bitcoin’s ‘Kimchi Premium’ Under Scrutiny by S. Korean Authorities in Connection With Illegal Remittances
Summary: South Korean authorities have launched a probe into the Bitcoin ‘Kimchi Premium.’ The investigations cite that the Kimchi Premium was used to make profits that were transferred abroad through…
Total Stablecoin Supply Down By $35 Billion – Arcane Research
Summary: Stablecoin supply dropped by the end of the second quarter of 2022. Arcane Research data showed that the total supply was about $151 billion by Q2 of this year.…
Biggest Movers: SOL Slips to 12-Day Low, as NEAR Drops by Nearly 12% on Tuesday
Solana fell for a second consecutive session on Tuesday, pushing the token to its lowest level in twelve days. The move comes as sentiment in crypto markets turned bearish ahead…
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All
With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected.…