Despite bearish market sentiment for Bitcoin (BTC), the world’s biggest cryptocurrency by market cap, it seems that this trend may not last for long. On September 17, 2024, the crypto analytic firm CryptoQuant shared a post on X (previously Twitter) indicating that new whales and Binance traders are actively capitalizing on the current market sentiment...Read More
An early Ethereum (ETH) investor who received 16,636 ETH in 2016 has sold a portion of their holdings, marking an extraordinary return on investment. According to on-chain data shared by EmberCN, the whale originally acquired the Ethereum for $5.23 per token, totaling $87,135. As of September 16, 2024, that same amount of ETH is worth...Read More
Bitcoin-skeptic Elizabeth Warren (D-Massachusetts) and other Democratic senators sent a letter to the Federal Reserve on Monday calling for far more aggressive rate cuts than the market expects. “We write today to urge the Federal Reserve (Fed) to cut the federal funds rate, currently at a two-decade-high of 5.3 percent, by 75 basis points (bps)...Read More
The number of Bitcoin addresses depositing into exchanges has dropped to 132,100. According to insights published on CryptoQuant by analyst CryptoOnchain, this is a figure last seen in 2016. Decreased Selling Pressure This metric, which tracks the number of addresses sending inflow transactions to exchanges, suggests a decrease in selling pressure as fewer investors are...Read More
[PRESS RELEASE – Singapore, September 16th, 2024] Traders in emerging markets are facing a wide range of economic pressures in 2024. These are shaped by many factors including global macroeconomic shifts, domestic challenges, and geopolitical factors. As a result, traders in these regions are more focused than ever on finding a broker that provides them...Read More
[PRESS RELEASE – Montevideo, Uruguay, September 16th, 2024] The Rootstock community is set to conclude the “Rootstock World Tour,” one of its largest ecosystem campaigns, on September 30, 2024. This campaign, hosted on the Galxe platform, is bringing together partners from across the Rootstock ecosystem, offering users interactive opportunities to engage with 12 different decentralized...Read More
Coinbase founder and CEO Brian Armstrong has denied speculations that the company has sold paper Bitcoin to BlackRock without maintaining a 1:1 backing. The allegations have caused debate in the crypto community, with some accusing Coinbase of lacking transparency in its Bitcoin reserves. Brian Armstrong Dispels the Rumors In a statement on X addressing crypto...Read More
[PRESS RELEASE – Panama City, Panama, September 16th, 2024] Bitlauncher, the groundbreaking platform at the intersection of Artificial Intelligence (AI) and cryptocurrency, is thrilled to announce its presale event starting on September 16th, 2024, with a goal to raise $150,000. This presale offers enthusiasts and investors an opportunity to shape the next wave of global...Read More
Amid increased price volatility, top crypto categories have recorded a rise in their trading volume. Notably, the NFT market has picked up pace with some projects recording a double-digit surge in the weekly time frame. On the other hand, the Solana price has constantly formed a lower high over the past 2 months, indicating increased...Read More
[PRESS RELEASE – Kingstown, St. Vincent and the Grenadines, September 16th, 2024] SwapSpace, a leading cryptocurrency exchange aggregator, is thrilled to unveil its new Crypto Loans feature in collaboration with CoinRabbit, a service designed to help crypto enthusiasts manage their portfolios. With SwapSpace Crypto Loans feature, users can access stablecoins without selling their digital assets,...Read More
Ethereum is at its weakest level against Bitcoin since early 2021 as the ETH/BTC ratio continues to break down. The ratio is a measure of the price of ETH in Bitcoin terms, not in US dollars. Despite falling 21% from its all-time high, Bitcoin has remained robust, whereas Ethereum remains down 53% from its peak...Read More
[PRESS RELEASE – Lagos, Nigeria, September 16th, 2024] Onboard is excited to announce a significant expansion and rebrand, coupled with a successful capital raise from Coinbase Ventures and LAVA. This expansion marks the evolution of Onboard from a digital money app and a global P2P exchange, to a comprehensive platform and ecosystem designed to empower...Read More
Two new listings – FLOKIUSDT – a meme coin and the utility token of the Floki ecosystem, and CATUSDT – Simon’s Cat Token, are available to trade on BitMEX, both with up to 50x leverage. As of 12:00 UTC on 16 September 2024, you can… If you haven’t signed up for a BitMEX account yet,...Read More
A new Pre-Launch futures contract for Catizen (CATI) – CATIUSDTU24 – is now available to trade on BitMEX. The new listing is margined in Tether (USDT) and offers up to 2x leverage so you can long or short CATI before it’s listed on spot exchanges. Trading for CATIUSDTU24 started here at 09:00 UTC on 16...Read More
[PRESS RELEASE – Toshima, Tokyo, Japan, September 15th, 2024] Polter.Finance is officially launched on the Base Chain, bridging the gap between Fantom and Base. Polter.Finance is the leading lending and borrowing platform on Fantom and has now expanded to offer its services on Coinbase’s EVM Chain. Meeting Community Demand According to the team, after the $GEIST...Read More
The US central bank is widely expected to start cutting interest rates this week. However, uncertainty remains over whether it will opt for a small or a big reduction. Interest rate decisions are also due in the United Kingdom, Brazil, Norway, Turkey, and South Africa. The Japanese and Chinese central banks also take center stage...Read More
Former WeWork CEO Adam Neumann’s climate tech startup Flowcarbon has reportedly started refunding investors after failing to launch its much-anticipated Goddess Nature Token (GNT). According to a Forbes report from earlier in the week, the company has struggled to realize its vision of tokenizing carbon credits. Project Raised $38M From Token Sales Flowcarbon initially raised $70 million...Read More
[PRESS RELEASE – September 16th, 2024, Chainwire] The Pepe Buldak project is officially launching a new kind of business model called “Open Franchise.” The concept of this innovative model consists of opening participation from different individuals and businesses worldwide. Ultimately, all these stakeholders will have the chance to take part in the growth of the...Read More
Singaporean authorities have launched an investigation into the sale of Worldcoin accounts and tokens, suspecting that such activities may breach the country’s Payment Services Act (PS Act) of 2019. The probe centers around seven individuals allegedly involved in the unauthorized sale of Worldcoin-related services, including third-party transactions of accounts and tokens. Unlicensed Worldcoin Account Sales...Read More
