U.S. Banking Regulator OCC Lifts Enforcement Order From Anchorage Digital
Anchorage Digital has moved out from under its U.S. banking regulator’s order that it institute a compliance program to protect against money-laundering abuses, with the Office of the Comptroller of the Currency (OCC) announcing the removal of the cease-and-desist order originally issued in 2022. “The OCC believes that the safety and soundness of the bank […]
AVAX Price Consolidates Near $23 While Market Watches Critical Support
AVAX is changing hands at the price of $23.40, on a 2.6% rise over the last 24 hours. The cryptocurrency has maintained above its rising trendline since June. The price action shows that it is consolidating near this level, making AVAX face a critical decision point. Traders are closely monitoring whether the asset will maintain […]
Bitcoin price in ‘late’ maturity phase: Is the bull market close to ending?
Bitcoin onchain data and the length of BTC’s previous market cycles suggest the current bull phase is coming to an end.
Toyota MON Uses Avalanche to Turn Cars Into Digital Assets
Toyota MON hands over a blockchain record for finance and services for each vehicle. Avalanche powers Toyota MON with rapid finality and scalable personalized networks. Vehicle NFTs could be traded globally as mobility transforms into digital finance. Toyota Blockchain Lab has revealed details of its Mobility Orchestration Network (MON) prototype on Avalanche. The project aims […]
Cardano Whales Scoop Up 100 Million ADA In 24 Hours – Is A Mega Rally Brewing?
Cardano’s momentum is heating up as whale wallets make bold moves. A recent update from Crypto Update IO reveals that whales have snapped up 100 million ADA in a single day, lifting their holdings to 18.65 billion ADA. Such aggressive accumulation may be hinting at a major turning point for the market. Price Action And […]
2 Reasons Why the Shiba Inu (SHIB) Price Might Rally Soon
TL;DR SHIB is deep in red territory on a weekly scale, but certain elements suggest not everything is doom and gloom. Earlier this week, the meme coin ranked among the top 10 cryptocurrencies, drawing the most bullish sentiment. However, retail enthusiasm doesn’t always guarantee price gains. Time to Pump Again? Shiba Inu (SHIB) has followed […]
Fed’s Hammack Says ‘No’ to Rate Cut; Bitcoin Slips to Session Low Below $113K
Markets are quickly recalibrating previously lofty odds of an imminent rate cut as the jets touch down in Jackson Hole for the Kansas City Fed’s Economic Symposium. The current data does not make the case for a September ease, said Cleveland Fed President Beth Hammack, speaking with Yahoo News in Wyoming. “We have inflation that’s […]
XRP Whipsaws on $2.84–$2.99 Range as Bulls Eye Breakout Above $3
XRP rallied toward the $3 mark in the past session, with trading volume spiking more than 6% above its weekly baseline. News Background • XRP’s rally comes amid broader crypto stabilization, with altcoins tracking modest inflows after last week’s drawdown.• On-chain data flagged institutional-sized flows, with nearly 155 million in XRP turnover during recovery periods, […]
Dogecoin Price Surge: Could a Break Above $0.29 Spark a Massive Q4 Rally?
Dogecoin (DOGE) is currently trading at $0.2227, an increase of 5.05% over the last 24 hours. Trading volume decreased by 4.48% to $2.93 billion. There is overall low participation compared to the previous sessions despite the daily increasing participation. Source: CoinMarketCap Over the past week, the price of Dogecoin has declined by 9.5%. The coin
Trump’s World Liberty Records $205M Stablecoin Mint After Fed Remarks
World Liberty Financial, the decentralized finance project by the Trump family, minted $205 million of its stablecoin tied to the US dollar on Thursday. The action was taken shortly after Federal Reserve Governor Christopher Waller expressed his support for stablecoins in a speech. The mint added to a total supply of USD1 to $2.4 billion,
Stablecoin Market Could Hit $1.2T by 2028, Maybe Affecting U.S. Government Debt Yields: Coinbase
Stablecoins, digital tokens tied to predominantly fiat currencies like the U.S. dollar, will balloon to a $1.2 trillion market by 2028 and even have an impact on U.S. debt markets, Coinbase analysts projected in a Thursday report. The forecast, published by the exchange’s research arm led by David Duong, is based on a stochastic model […]
XLM Eyes Bullish Continuation After Rising From Support
XLM traded in a narrow band between $0.39 and $0.41 over a 24-hour stretch ending Aug. 21, reflecting a consolidation phase ahead of a potential move. Sellers repeatedly capped upside at $0.41, while buyers defended support at $0.40, keeping volatility subdued. A gradual dip in volume suggested traders were positioning for a breakout attempt. That […]