Bitcoin Rallies on CPI Data but Jobless Claims Add Pressure
CPI holds steady at 2.9%, while jobless claims surge to 263K, signaling economic concerns. Bitcoin’s rally is fueled by Fed rate cut expectations, but rising recession risks remain. BTC’s price action mirrors past CPI trends, with rallies followed by potential corrections. Bitcoin is once again in the spotlight as new U.S. economic data delivers a […]
Kraken Co-CEO And Barry Silbert Warn Of Crypto Bubble; 99% Tokens Could Tank
Concerns about a potential crypto bubble have intensified over the past few days, with industry leaders like Arjun Sethi, co-CEO of crypto exchange Kraken, voicing alarm over the current state of the digital asset landscape. Sethi Warns Of Short-Term Crypto Bubbles In a recent interview with Fortune at the Brainstorm Tech conference in Park City, […]
Avalanche Pursues $1 Billion for U.S. Treasury-Focused AVAX Firms
The Avalanche Foundation is seeking to raise $1 billion to establish cryptocurrency-focused treasury companies in the United States. According to a report by Financial Times, the initiative involves two separate vehicles aimed at building digital asset treasuries and purchasing millions of AVAX tokens directly from the Foundation’s holdings. The move comes as institutional demand for […]
HBAR’s Price Setup Signals Strong Breakout With 80% Growth Ahead
Hedera Hashgraph’s token HBAR is drawing investor attention once again. The digital asset has managed to hold steady during volatile sessions, building momentum for a potential move higher. Trading is on the rise daily, and there is growing optimism that we may see an explosive breakout soon. Analysts believe the technical picture is coming together […]
Franklin Templeton & Binance Collaborate to Revolutionize Tokenized Assets
One of the largest investment management organizations globally Franklin Templeton, with a massive asset base worth $1.6 trillion, has partnered with Binance, the biggest cryptocurrency exchange in the world. The partnership will drive the tokens into mainstream finance. It is oriented at the convergence of the old and the blockchain platform with the aim of
Bittensor’s Halving Looms Closer as Countdown Drops Below 90 Days
A pivotal moment is approaching for Bittensor — TAO. The network’s first halving is less than 83 days away, expected around December 11. This milestone will cut daily TAO emissions in half, reducing sell pressure and tightening supply. Investors are already watching closely, with parallels being drawn to Bitcoin’s historic halvings. Just as Bitcoin halvings […]
XRP Price Holds Firm – Fresh Rally Could Be Brewing
XRP price gained pace for a move above the $3.00 resistance. The price is now consolidating gains and might start another increase above $3.080. XRP price is facing hurdles and struggling to clear the $3.080 resistance. The price is now trading above $3.00 and the 100-hourly Simple Moving Average. There is a key bullish trend […]
Avalanche (AVAX) Hits 7-Month High After Key Resistance Breakout – Analysts Eyes $40 Next
Avalanche (AVAX) has reclaimed a crucial level as support after its recent rally, fueled by multiple bullish developments for the ecosystem. Some analysts forecast a massive rally toward the start-of-year highs if the momentum holds. Avalanche Eyes 35%-40% Rally On Thursday, Avalanche hit a seven-month high of $29.99 after breaking out of its multi-month accumulation […]
BNB Price Surges to Fresh ATH – Can Bulls Push Toward $1K?
BNB price is gaining pace above the $885 zone. The price is now showing positive signs and might aim for a move above the $920 level in the near term. BNB price started a fresh increase above the $880 and $900 levels. The price is now trading above $900 and the 100-hourly simple moving average. […]
Ripple Price Defies XRP Whales Exodus With Surge to 2-Week Peak
TL;DR The actions of large cryptocurrency investors, typically referred to as whales, have the ability to impact the markets with their large purchases or sell-offs. However, that hasn’t been the case in the past 24 hours when it comes to the third-largest digital asset by market cap. Whales sold 40 million $XRP in the last […]
How Will Today’s $3.4B Bitcoin Options Expiry Impact Markets?
Around 29,500 Bitcoin options contracts will expire on Friday, September 12, and they have a notional value of roughly $3.4 billion. This expiry event is pretty much identical to last week’s, so there is unlikely to be any impact on spot markets, which have reclaimed $4 trillion total capitalization again. US inflation data showed that […]
Watch Out: Here’s Why Ethereum (ETH) Could be on the Verge of a Huge Move
TL;DR ETH’s recent consolidation might be followed by a major price swing in either direction. Some X analysts compare ETH’s cycle to BTC’s 2020–2021 rally, projecting targets between $8,000 and $10,000 in the coming months. Meanwhile, exchange reserves hit a nine-year low of approximately 17.1 million tokens, signaling reduced sell pressure. The Calm Before the […]