4 Reasons why Bitcoin is failing to copy all-time highs for gold and stocks
Bitcoin and altcoins failed to follow gold and stocks to all-time highs this month, partly thanks to a lack of stablecoin liquidity on cryptocurrency exchanges.
Crypto payments firm RedotPay claims unicorn status with $47M raise
Stablecoin payments firm RedotPay said it became a fintech unicorn after a $47 million round with participation from Coinbase Ventures, Galaxy Ventures and Vertex Ventures.
Dogecoin Eyes $0.78 After Massive 2 Billion Whale Purchases
Dogecoin is attracting renewed attention after strong buying from large investors signals growing demand. Market analysts are looking at significant price levels that will drive the next direction. Analysts are suggesting that if support keeps firming, a possible uplift looms for Dogecoin. At the time of writing, DOGE is trading at $0.2335 with a 24-hour
XRP Whale Transaction Sparks Bullish Momentum as Price Eyes $3.65 Breakout
Ripple’s cryptocurrency is once again receiving new attention from crypto enthusiasts as bullish indications come along with big whale movement. There are positive technical indications that analysts are viewing as support for more upward movement. The community is now watching closely to see if this positive move holds. At press time, the asset is trading
Thumzup Media Launches $10M Share Buyback, Builds Bitcoin and Dogecoin Treasury
Thumzup Media (Nasdaq: TZUP), a digital advertising company with a growing crypto footprint, has unveiled a new $10 million share buyback program, extending its capital return strategy through December 31, 2026. Key Takeaways: Thumzup Media launched a $10 million share buyback after completing a $1 million repurchase plan. The company holds over 19 BTC and […]
Binance May Establish Office in Vietnam’s Da Nang Financial City, CEO Teng Signs MOU
Vietnam Deputy Prime Minister Nguyen Hoa Binh has called on Binance to establish an office and trading platform in Da Nang City. The minister met Binance CEO Richard Teng on Wednesday during a working trip to the UAE, a local media reported. He also invited Teng to act as a senior advisor for the development […]
All-Time Highs For Gold, S&P500; Crypto Stands Alone In The Red – What’s The Root Cause?
Crypto markets have recently faced renewed challenges, despite a brief resurgence following the US Federal Reserve’s (Fed) rate cut that initially propelled Bitcoin (BTC) back toward the $120,000 mark. This week, however, Bitcoin has dropped to the lower end of its established consolidation range, fluctuating between $110,000 and $115,000. Analysts from The Bull Theory have […]
Altcoins DOGE and JASMY Show Strong Bullish Indicators, Hinting at Major Price Pumps Soon
As Q4 of 2024 inches closer, analysts are eager to see altcoin prices start pumping in a bullish upward direction. Since ETH finally entered price discovery and set its first TAH price this bull cycle, analysts are growing more and more excited and anxious for the altseason peak phase to arrive. Altcoins DOGE and JASMY […]
Coinbase Introduces AUDD, XSGD to Boost Local Stablecoins
Coinbase introduces AUDD and XSGD stablecoins, challenging USD dominance in DeFi. Local stablecoins AUDD and XSGD provide fee-free conversions, catering to regional users. The rise of non-dollar stablecoins could reshape global crypto dynamics and DeFi markets. Coinbase has introduced AUDD and XSGD stablecoins, pegged to the Australian and Singapore dollars, respectively. The tokens would be […]
SEC and CFTC Roundtable Seeks Clear Crypto Oversight Rules
SEC and CFTC will meet with crypto firms to discuss clear digital asset oversight. Lawmakers weigh the CLARITY Act as regulators push for unified crypto rules. Market leaders like Kraken and Nasdaq will join the regulators in these discussions. The Securities and Exchange Commission (SEC) announced it will host a joint roundtable with the Commodity […]
Ethereum Sees Red, Crashes to $4K in a 7-Week Low, Where to Next?
Ether prices fell to $3,994 during Thursday morning trading in Asia, its lowest level since early August. The asset was trading marginally above $4,000 at the time of writing, after shedding another 3.3% on the day. ETH is currently down 19% from its all-time high, and most of those losses have come over the past […]
M2 Capital Invests $20M in Ethena to Expand Digital Assets in Middle East
M2 Capital Limited, the investment arm of UAE-based M2 Holdings, has invested $20 million in Ethena’s governance token, ENA. The move underscores a push to connect Middle Eastern investors with new digital asset infrastructure at a time when the region is seeking a larger role in global finance. Ethena is best known for its crypto-native […]