Ankur Sachdev

Ankur Sachdev

Ankur Sachdev is driven by curiosity and extensively covers daily events in cryptocurrency and blockchain technology. You can also see him write about sports and Artificial Intelligence too. As a content writer, he aims to simplify the complexities of the industry. Keeping him grounded is the ideology of learning like a student regularly.

Bitcoin crosses $76,000, hits all-time high after Trump’s victory

Bitcoin crosses $76,000, hits all-time high after Trump’s victory

Bitcoin hit an all-time high following Trump’s historic win in the 2024 US Presidential Election. The coin crossed the 76,000-dollar mark, reflecting investors’ growing confidence in the crypto market. Under the new administration, the crypto industry is expected to boom. According to CoinGecko, Bitcoin reached 76,040.26 dollars on November 6. The market leader broke its […]

Cryptocurrencies Navigate Fluctuations to Mark Upticks

Cryptocurrencies Navigate Fluctuations to Mark Upticks

The global crypto market cap is down by 0.72%, hovering around $2.31 trillion with an FGI of 56 points for neutral sentiments. Experts speculate that cryptocurrencies, particularly ETH, are poised for future gains. It stems from a reduction in the selling pressure of Ethereum tokens. Holders have withdrawn approximately 80 million ETHs from exchanges. This […]

Crypto Retrace Their Steps as FGI Remains Neutral

Cryptocurrencies Retrace Their Steps as FGI Remains Neutral

The global crypto market cap is down by 2.16%, hovering around $2.33 trillion with an FGI of 57 points for neutral sentiments. The development comes after WazirX reportedly moved funds worth $73 million. Bybit received a portion of the funds, while Kucoin received the remaining $1.5 million. WazirX earlier faced a security breach on the […]

Cryptocurrencies Nearing Major Milestones

Cryptocurrencies Nearing Major Milestones

The global crypto market cap is up by 1.70%, hovering around $2.38 trillion with an FGI of 63 points for greed sentiments. The dominance of Bitcoin tokens is above 57%. The 24-hour trading volume has surged by 63.63% to $67.24 billion. The top two cryptocurrencies are on the brink of achieving a new high by […]

Trumps Crypto Gains Asian Elites Seek Token Investment

Trump Makes Crypto Revenue Without Liability, Asian Elites Seek Token Investment

The global crypto market cap is down by 0.32%, hovering around $2.32 trillion with an FGI of 58 points for neutral points. Bitcoin’s dominance has reached 57.69% amid newer developments in the market. For one, the Trump family has recorded 75% of crypto revenue without any liability. The Trump-linked entity is yet to receive the […]

Gains Remain Intact in the Crypto Market as BTC and ETH Maintain Prices

Gains Remain Intact in the Crypto Market as BTC and ETH Maintain Prices

The global crypto market cap is up by 0.40%, hovering around $2.32 trillion with an FGI of 60 points for greed sentiments. This is an increase over the last two days to signal that investors are slowly beginning to take risks with cryptocurrencies like BTC and ETH. The prices of Bitcoin tokens once again flirted […]

WLF Crashes Under Excitement While Cryptocurrencies Target a New High

WLF Crashes Under Excitement While Cryptocurrencies Target a New High

The global crypto market is up by 0.71%, hovering around $2.3 trillion with an FGI of 58 points for neutral sentiments. Making headlines today are the outages that World Liberty Financial faced at the time of selling tokens. Call it excitement—whatever else it is, it was triggered by a number of technological issues on the […]

Ethereum Crosses 2500 dollar Mark With 1-83 percent Increase In 24 Hours

Ethereum Crosses $2500 Mark With 1.83% Increase In 24 Hours

Ethereum tokens have crossed a major psychological milestone. They are up by 2.60% in the last 24 hours, exchanging hands at $2,529.30 at the time of writing this article. ETH was, for a long time, hovering within a limited range of $2,100 and $2,450. It happened despite a rate cut by the Federal Reserve. However, […]

Cryptocurrencies Bounce Back as BTC Reaches 63k

Cryptocurrencies Bounce Back as BTC Reaches $63k

The global crypto market cap is up by 2.15%, hovering around $2.24 trillion with an FGI of 45 points for neutral sentiments. Top cryptocurrencies have made significant gains in the last 24 hours, including Bitcoin and Ethereum. In fact, gains are mutual among meme coins, with the likes of SHIB and DOGE seeing upticks in […]

Will Litecoins Record Hashrate Spark a Price Surge

Will Litecoin’s Record Hashrate Spark a Price Surge?

Litecoin’s LTC is trading at $64.68 at the press time, down by 0.14% in the last 24 hours and up by 0.45% in the last 7 days. The community is speculating if LTC will surge in the days to come or undergo a bearish treatment following the achievement of a notable hashrate. The hashrate recently […]

MultiversX- Bull vs Bear scenario

MultiversX (EGLD): Bull vs. Bear scenario

EGLD by MultiversX is currently exchanging hands at $25.15, up by 1.13% in the last 24 hours, at the press time. It further reflects a rise of 1.24% in the last 7 days and a decline of 2.94% in the last 30 days. There is speculation that the crypto market will rise in the days […]

Will XRP reach 0-45 dollar amidst Bitnomial SEC Lawsuit

Will XRP reach $0.45 amidst Bitnomial SEC Lawsuit?

The Bitnomial SEC lawsuit has triggered speculation about Ripple’s XRP once again. The Commission has filed a notice of appeal, maintaining its position that XRP qualifies as a security under its regulations. Bitnomial, on the other hand, believes that the agency is overstepping its boundaries by classifying the digital asset as a security. Needless to […]

Cryptocurrencies Continue to Test Key Levels

Cryptocurrencies Continue to Test Key Levels

The global crypto market cap has decreased by 0.16%, currently hovering around $2.12 trillion, with an FGI of 37 points indicating fear sentiments. The likes of Bitcoin and Ethereum tokens are still testing their respective support levels. BTC, for one, is testing the mark of $60,000, and Ether is testing the mark of $2,350. It […]

18 Charged Globally for Crypto Fraud and Market Manipulation

18 Charged Globally for Crypto Fraud and Market Manipulation

The United States Attorney’s Office, District of Massachusetts, has announced the charging of eighteen entities and individuals for a crime involving market manipulation and fraud. Authorities have seized cryptocurrencies worth approximately $25 million, with the fraud sharing its links to the concept of pump and dump. ZM Quant, CLS Global, MyTrade, and their employees are […]

Australia Announces its Approach to Digital Asset Regulation

Australia Announces its Approach to Digital Asset Regulation

Australia is warming up to the idea of regulating digital assets. Other countries that have already done so include the UAE, the European Union, and Switzerland. Bridging the gap between Australia and other countries is a core objective. At the same time, Australia is endeavoring to compensate for the time it has lost by promoting […]

Cryptocurrencies Begin Testing Key Levels

Cryptocurrencies Begin Testing Key Levels

The global crypto market cap is down by 2.21%, hovering around $2.12 trillion with an FGI of 37 points for fear sentiments. A drop below 40 points is indeed a concern, especially at a time that comes after the first rate cut by the Federal Reserve. Another two cuts are anticipated; however, they are equally […]

BTC and ETH Witness Further Decline

BTC and ETH Witness Further Decline

The global crypto market cap is down by 0.46%, hovering around $2.17 trillion, with an FGI of 42 points for neutral sentiments. The decline is within an acceptable range, happening amid two crucial developments in the market. One development is that customers of FTX are now gearing up to receive their funds. Creditors are anticipated […]

BTC and ETH Fall

BTC and ETH Fall Due to Chinese Investors’ Panic Buys

The global crypto market cap is down by 1.34%, hovering around $2.18 trillion, with an FGI of 41 points for neutral sentiments. Some of the top cryptocurrencies are showing a downward trajectory. This includes BTC and ETH, among others. Both are down by over 1.6% and 2% in the last 24 hours.  The primary reason […]

BTC and ETH and Other Cryptocurrencies Witness a Surge

BTC and ETH and Other Cryptocurrencies Witness a Surge

The global crypto market cap is up by 2.84%, hovering around $2.21 trillion with an FGI of 43 points for neutral sentiments. As the war between Israel and Iran becomes more intense, the market surges. Both the oil prices and the likelihood of rising global inflation are under scrutiny. There is a shift in the […]

Global Events Influence Cryptocurrency Values

Global Events Influence Cryptocurrency Values

The global crypto market cap has declined by 0.69% and is currently hovering around $2.12 trillion, with an FGI of 36 points due to fear-based sentiments. The conflict between Israel and Iran is intensifying, pushing oil prices higher. Needless to say, the global economy is more concerned about the potential price increases that could result […]

Cryptocurrencies Come Close to a Low BTC and ETH Decline in 24 Hours

Cryptocurrencies Come Close to a Low; BTC and ETH Decline in 24 Hours

The global crypto market cap is down by 1.36%, hovering around $2.13 trillion with an FGI of 36 points for fear sentiments.  India cracks down on a suspicious mobile application linked to the crypto market, resulting in a dip. It was done with assistance from Binance, and the scam is estimated to be worth approximately […]

Cryptocurrencies Stay Stable as Japan Reassesses its Market Strategy

Cryptocurrencies Stay Stable as Japan Reassesses its Market Strategy

The global crypto market cap is down by 0.56%, hovering around $2.26 trillion with an FGI of 48 points for neutral sentiments. All the major cryptocurrencies have held their values stable in the last 24 hours. This includes Bitcoin tokens, Ether tokens, and other major digital currencies. Meanwhile, Japan has hinted that it is going […]

BTC ETH and Other Cryptocurrencies Find a Range for their Movements

BTC, ETH, and Other Cryptocurrencies Find a Range for their Movements

The global crypto market cap is down by 1.65%, hovering around $2.27 trillion with an FGI of 56 points for neutral sentiments. The range within which most cryptocurrencies are moving on the price chart is a notable factor. For instance, Bitcoin and Ethereum tokens can be seen exchanging hands between $66,000-$64,000 and $2,750-$2,550, respectively. The […]

Pi Networks Road to Open Network- Will It Be a Survivor

Pi Network’s Road to Open Network: Will It Be a Survivor?

Pi Network is aiming to conclude its move towards having the Open Network. It has, therefore, taken a step to forge partnerships with crypto services and general businesses before the launch of the Open Network. This certainly works well for Pi Network, also boosting exposure for partners who gain access to over 60 million pioneers […]

Crypto Soar Amid Developments

Cryptocurrencies Soar Amid Developments

The global crypto market cap is up by 2.68%, hovering around $2.29 trillion with an FGI of 54 points for neutral sentiments. Bitcoin is ahead of Ethereum, and the market is soaring following a rate cut by the Federal Reserve. Other developments that keep interest alive in the sphere pertain to an investor making massive […]

Bitcoin and Ethereum Continue Gains at a Low

Bitcoin and Ethereum Continue Gains at a Low

The global crypto market cap is down by 1.33%, hovering around $2.22 trillion with an FGI of 48 points for neutral points. Interestingly, Bitcoin and Ethereum are closer to their highs despite being down in the last 24 hours. This raises expectations for a bull market, which will be further stimulated by the Federal Reserve’s […]

Highs on the Horizon for Cryptocurrencies

Highs on the Horizon for Cryptocurrencies

The global crypto market valuation has increased by 1.92% and is currently at approximately $2.26 trillion, with a FGI of 53 points. This is sufficient to show that the market is neutral in terms of diverting its funds to cryptocurrencies like BTC and ETH. It is split into two categories: one that wants to make […]

Drops Return to the Crypto Market as BTC and ETH Take a Dive

Drops Return to the Crypto Market as BTC and ETH Take a Dive

The global crypto market cap is down by 1.45%, hovering around $2.22 trillion with an FGI of 51 points for neutral sentiments. A slight correction is a natural course of price movements in the crypto realm. Additionally, it comes only hours after Kamala Harris pledged to promote the AI and crypto segments. Some believe that […]

The Ethereum Foundation Sells 100 More ETH for 260k

The Ethereum Foundation Sells 100 More ETH for $260k

The Ethereum Foundation has sold another 100 Ethereum tokens worth approximately $260,000. The Foundation has now sold 1,050 ETH with a minimum and maximum value of $2,301 and $2,645, respectively. They are collectively worth $2.53 million. Given the token’s fluctuating value, it’s likely that investors have sold a significant quantity of tokens to generate profits. […]

New Highs on the Horizon as the Crypto Takes Off

New Highs on the Horizon as the Crypto Takes Off

The global crypto market is up by 1.83%, hovering around $2.25 trillion with an FGI of 51 points. It is only safe to say that the crypto market took off days after the Federal Reserve slashed rates by 50 bps. Plus, two more cuts are expected to happen by the end of this year, that […]

BabyDoge Sees a Spike Days Following Airdrop Hint

BabyDoge Sees a Spike Days Following Airdrop Hint

BabyDoge is up by 52.54%, exchanging hands at $0.000000001641 at the time of writing this article. The surge comes within 24 hours, further reflecting a jump of over 76% in the last 7 days. The community has hailed the increase in the token value, and rightfully so, considering the near-term prediction, it is expected to […]

Analysts Signal a Selling Trend as Part of Correction

Analysts Signal a Selling Trend as Part of Correction

According to an analyst, Ali Martinez, there is a notable sell signal on the TD Sequential indicator on Bitcoin’s 12-hour chart. He goes by the username ali_charts on X and is anticipating a correction for Bitcoin. It is expected to occur for a limited period, after which the token may experience a rebound. Martinez’s speculation […]

FTX-Almeda is Unstaking SOL Worth 1 Billion

FTX/Almeda is Unstaking SOL Worth $1 Billion

According to a report by Lookonchain, FTX/Almeda is in the process of unstaking $1 billion worth of SOL. In the past three months, the firm has unstaked 530k Solana tokens. FTX/Almeda has further transferred the token to multiple addresses, resulting in an average of 176.7k SOL tokens every month. It still holds 7.06 million tokens. […]

As Crypto Adoption Leaders Emerge, BTC and ETH Test Their Limits

As Crypto Adoption Leaders Emerge, BTC and ETH Test Their Limits

The global crypto market cap is down by 0.38%, hovering around $2.04 trillion. The Fear & Greed Index is 33 points. Almost every cryptocurrency is now effectively testing its respective range. Meanwhile, new countries have emerged as leaders in digital token adoption. Some of them are India, Nigeria, and Indonesia. This comes from the Chainalysis […]

Net Outflow of Ethereum Spot ETF Reach 542-90 Thousand US Dollars

Net Outflow of Ethereum Spot ETF Reach 542.90 Thousand US Dollars

Net outflows of Spot Ether ETF reached $0.5 million on September 11, 2024. Numbers from Fidelity and VanEck made their way into the books. While FETH banked an inflow of $1.2 million, ETHV banked an outflow worth $1.7 million. Thereby, delivering a negative in total. The historical cumulative net outflow stands at $562.8 million as […]

Cryptocurrencies are Coming to Terms With Reality, BTC and ETH See Upswings

Cryptocurrencies are Coming to Terms With Reality, BTC and ETH See Upswings

The global crypto market is up by 2.52%, hovering around $2.05 trillion with an FGI of 37 points. The dust from one of the most anticipated events is starting to settle. Donald Trump and Kamala Harris have had their first presidential debate. Several points were discussed during the debate, but the crypto market was the […]

Indodax was hacked for $22M

Indodax Gets Hacked for $22 Million

Indonesia-based centralized exchange platform, Indodax, reportedly suffered a hack attack. The system has lost over $22 million worth of tokens. They comprised various tokens such as USDT, ETH, BTC, MATIC, and ARB. Although the hack mechanism is yet to be identified, it is certain that the hacker converted the tokens to native digital currencies. USDT […]

Short-Term BTC Holders Offload Their Share

Short-Term BTC Holders Offload Their Share

Bitcoin holders who have been in the game for a short time have offloaded almost 14,816 tokens from their accounts. This equates to approximately $850 million. The purpose of offloading Bitcoin tokens is to secure profits before the market experiences another decline. That is a scenario that is less likely to happen—needless to say, it […]

Crypto Market Rebounds

Crypto Market Rebounds: BTC and ETH Lead the Charge

The global crypto market cap has increased by 3.09%, resulting in a collective value of over $2 trillion. The FGI has shifted to 46 points, hinting at investors’ rising confidence. Earlier, the FGI was trending towards fear, indicating that investors might be hesitant to inject funds into the ecosystem.  The upcoming presidential debate and rate-cut […]

First Presidential Debate Between Trump and Harris Set on September 11

First Presidential Debate Between Trump and Harris Set on September 11

The race for the presidential chair is heating up, and two candidates, each from the Republican Party and the Democratic Party, are headed toward the end. Making this interesting is not just poll projections but also the upcoming debate between both of them. According to reports, Donald and Kamala have agreed to have a face-off […]

Beyond Bitcoin - Why altcoins are poised for growth

Beyond Bitcoin: Why Altcoins Are Poised for Growth

Altcoins, short for alternative coins, are ideally those that are other than Bitcoin (BTC). This encompasses ETH and other similar coins, although some lists may exclude Ether due to its higher market cap. Volatility continues to prevail across the crypto market. Exploring less risky options is one way to navigate around it for better profits. […]

Derivative Exchanges See a Rise in Negative Flows for ETH

Derivative Exchanges See a Rise in Negative Flows for ETH

Negative flows on derivative exchanges have exceeded 40,000 ETH. Analysts have put forward two different interpretations of this situation. The first interpretation is that negative flow, irrespective of its size, is healthy because withdrawal reduces selling pressure. The second interpretation is that the circulation is coming down to create scarcity, thereby pulling the price up. […]

Crypto Markets Move Amid Kamala Harris Corporate Endorsements

Crypto Markets Move Amid Kamala Harris Corporate Endorsements

The global crypto market cap is up 1.26%, hovering around $1.95 trillion. It has again slipped below the $2 trillion mark, signaling a potential bearish run for tokens like BTC and ETH. Nevertheless, a rebound is on the horizon as the Federal Reserve has gotten a green light to cut rates. Another massive development that […]

Japan’s Three Major Banks to Try Project Pax, a Cross-Border Stablecoin Transfer Platform

Japan’s Three Major Banks to Try Project Pax, a Cross-Border Stablecoin Transfer Platform

Japan is making a major move in cross-border transactions with a pilot project, Project Pax. It primarily seeks to test a stablecoin platform in order to increase the efficiency of international transactions. This includes speed, efficiency, and cost of transactions. A total of three banks are involved, namely MUFG, SMBC, and Mizuho. Blockchain firms Datachain, […]

Cryptocurrencies Decline as the Feds Financial Announcement Approaches

Cryptocurrencies Decline as the Fed’s Financial Announcement Approaches

With an FGI of 30 points, the global crypto market has declined by 0.58% to around $2 trillion. It signals that investors are less willing to invest in risky assets, including cryptocurrencies like BTC and ETH, among others. All eyes are on the Federal Reserve. Authorities have not confirmed the size of the rate cut […]

Blockstream Image

Blockstream Launches Third Series of BMN2 Security Token

Blockstream has launched the third series of BMN2, a security token providing direct exposure to the Bitcoin Hash rate of the firm. The token, also known as Bitcoin Mining Note 2, comes at a time when the interest of investors in Bitcoin mining is at a new height.  The fact that it is an EU-compliant […]

Vitalik Buterin Transfers 2-1M STRK to a New Wallet

Vitalik Buterin Transfers 2.1M $STRK ($858.7K) to a New Wallet

Vitalik Buterin, Co-Founder of Ethereum, has transferred 2.1 million Starknet tokens to a new wallet. At the time of transfer, the total value of the transferred STRK was $858.7k. Vitalik is a seed investor in the project, and has received those tokens across two unlocks. This has not affected the price of the token, which […]

Ripple will pay funds to the SEC upon declination of appeal

BREAKING: Ripple will Pay Funds to the SEC Upon Declination of Appeal

The Court has asked Ripple to settle dues worth $125 million with regulators; however, the payment is swinging back and forth. The most recent developments suggest that Ripple will only proceed with the settlement if the US Securities & Exchange Commission does not file an appeal by the beginning of October this year, that is […]

Recession Concerns are controlling Crypto Market Prices

Recession Concerns are controlling Crypto Market Prices

The global crypto market cap is up by 0.83%, hovering around $2 trillion with an FGI of 34 points. A lower score on the Fear & Greed Index stems from the concern about recession. It is anticipated that the US economy will be most significantly impacted by the end of this year unless rate cuts […]

Former Mt. Gox CEO announces EllipX, a transparent crypto exchange

Former Mt. Gox CEO announces EllipX, a transparent crypto exchange

Mark Karpeles, the former Chief Executive Officer of Mt. Gox, announced plans to launch EllipX by the end of this month. The launch will take place throughout Europe, with a primary emphasis on user-friendliness and transparency. Mark announced this plan while interacting with the media at the Korea Blockchain Week event, which took place in […]

Nvidia shares tank, crypto market sees dips led by AI tokens

Nvidia shares tank, crypto market sees dips led by AI tokens

The global crypto market cap has slipped below $2 trillion. It is down by 4.18% and is around $1.99 trillion with an FGI of 34 points. The decline in Nvidia’s market value and share prices are being linked to this trend. The AI giant reportedly failed to achieve the target in its latest financials. Source: […]

Crypto Market Gains as BTC, ETH, and Memecoins Surge

The global crypto market cap is up by 2.95%, signaling recovery from recent lows. The number is just above $2 trillion, with a FGI of 47 points for neutral sentiments. Bitcoin has inched closer to $60k, and Ethereum is teasing the possibility of breaching $2,700 by the end of this month. Most importantly, or rather […]

BTC and ETH ETF weekly flows

BTC and ETH ETF weekly flows

Spot Ether ETF experienced an extraordinary day on August 30, 2024. Every issuer failed to report data, and net flows remained at $0. Nevertheless, as of August 30, 2024, the cumulative total banked a negative flow of $477.4 million. Only on August 28, 2024, the streak of net outflows was broken, as a reported $5.9 […]

Crypto market continues to experience dips

Crypto market continues to experience dips

The global crypto market cap is down by 1.97% and hovers around $2.02 trillion. The FGI has slipped to 43 points for neutral sentiments. Given that the Ripple v. SEC dispute has finally reached a resolution, rumors of a $10 trillion market valuation have begun to circulate, and that Coinbase has announced its first AI-to-AI […]

Zero movements for crypto on charts BTC and ETH barely show surges

Zero movements for crypto on charts; BTC and ETH barely show surges

The global crypto market cap has plummeted by 0.44% in the last 24 hours, just above $2.08 trillion. The Fear & Greed Index has 46 points for a neutral sentiment. The prices could react in the coming days because several factors are coming into play. For starters, Donald Trump has launched his digital trading cards. […]

Ether ETF Reports Inflows After 9 Days, Bitcoin ETF Sees Outflows

Sentiments in Spot Bitcoin ETF and Spot Ether ETF have changed. Bitcoin ETFs reported net outflow for the second consecutive day, while Ether ETFs saw net inflow for the first time after nine consecutive days of outflow. BlackRock published its numbers for Ether but failed to highlight the same for Bitcoin ETF. Bitcoin ETFs banked […]

Crypto Update: Top Meme Coins Tease Recovery, Bitcoin and Ether Remain Stable

The global crypto market cap is down 0.28% to around $2.09 trillion. The FGI has slipped to 46 points for neutral sentiments. Two major updates have made it to the headlines. One is about Binance blocking a limited number of Palestinian accounts with illicit funds. Second is Bitcoin, which is now reportedly down by 20.3% […]

Trump Launches New NFT Series with Special Bitcoin Inscriptions

Trump Launches New NFT Series with Special Bitcoin Inscriptions

Donald Trump, the former US President, has launched his fourth line of NFT collection. They are digital trading cards that offer numerous rewards. Plus, they strengthen his image as the Crypto President. One of the reasons the community finds it intriguing is that he actually followed through on his commitment to launch an NFT series. […]

The Supreme People's Court Outlines Top Judicial Research Topics for 2024

The Supreme People’s Court Outlines Top Judicial Research Topics for 2024

The Supreme People’s Court has issued a tender to list judicial research topics for this year. It consists of three categories: judicial issues related to the digital economy, disposal of virtual currency cases, and judicial responses to disputes involving AI, or artificial intelligence. Every winning project team will receive funding support. Each special funding topic […]

Drops Return to the Crypto Market as Bitcoin and Ethereum Fall

The global crypto market cap is down by 5.34%, hovering around $2.09 trillion with an FGI of 47 points for neutral points. Bitcoin is below $60k, and Ethereum is exchanging hands at around $2,400. Steven Lubka from Swan Bitcoin stated that the decline could be because of a material drop in Ether, as the token […]

Cryptos hinting at a potential new high

The global market cap of cryptocurrencies has surpassed $2.25 trillion and is down by 0.31% after briefly demonstrating a decent upswing. The FGI has increased to 56 points for neutral sentiments. It is probable that liquidity will be stimulated by additional investments, in addition to price increases. This is due to two factors: a rise […]

Cryptocurrencies seem to be sustaining gains now

Cryptocurrencies seem to be sustaining gains now

The global market cap for cryptocurrencies has increased by 0.87%. It can be seen around $2.15 trillion on the charts. The Fear & Greed Index has slipped to 48 points for neutral sentiments. Bitcoin and Ethereum have sustained their gains from the previous day. Both tokens exceed the $60,000 and $2,600 marks, respectively. The market […]

Spot Bitcoin ETFs see net inflows for the 5th consecutive day

Spot Bitcoin ETFs see net inflows for the 5th consecutive day

Spot Bitcoin ETFs experienced a total net inflow of $39.5 million on August 21, 2024. BlackRock’s IBIT was restricted to $8.4 million as Fidelity and Bitwise surpassed its performance with $10.7 million and $10 million, respectively.  The Spot Bitcoin ETF has experienced net inflows for the fifth consecutive day as of August 21, 2024. The […]

Brazilian regulatory body approves second Solana ETF

Brazilian regulatory body approves second Solana ETF

The Brazilian Securities & Exchange Commission has approved a second Solana ETF. The first one was approved on August 8, 2024. Hashdex, in partnership with BTG Pactual, will offer the second ETF. The new ETF is currently in the preoperational phase and could go live soon. Sports assets managed by Hashdex are valued at $962 […]

Crypto market starts to hint at new highs once more!

Crypto market starts to hint at new highs once more!

The global crypto market is up by 1.68%, hovering around $2.14 trillion, with Bitcoin dominating more than half of it. The Fear & Greed Index is now at 50 points for neutral sentiments.  It is anticipated that the market will experience further hikes as the Federal Reserve’s rate-cutting decision approaches. Chances are higher that the […]

Spot Bitcoin ETF saw $88.06M inflow yesterday, continuing a 4-day streak

Spot Bitcoin ETF saw $88.06M inflow yesterday, continuing a 4-day streak

Spot Bitcoin ETFs have now marked inflows for the fourth consecutive day as of August 20, 2024, Eastern Time. The total for that day is $88 million, despite a negative flow from Grayscale’s GBTC, which is worth $12.8 million. BlackRock’s IBIT was able to influence the flow single-handedly but may not do that every time. […]

Can UAE employees be paid in Bitcoin? What about crypto salaries?

Can UAE employees be paid in Bitcoin? What about crypto salaries?

A simple answer is a No. Bitcoin, or any other cryptocurrency in the UAE for that matter, is still not recognized as a legal tender for payment. One exception has been revealed solely as a result of the terms that were established during the recruiting process. A UAE company pledged to pay monthly salaries in […]

Tether accounts for $33 billion after minting 1 billion USDT on Ethereum

Tether accounts for $33 billion after minting 1 billion USDT on Ethereum

Tether has reportedly minted 1 billion USDT, bringing the total issuance to $33 billion, with the most recent mint occurring on the Ethereum network. The development has been received with two possible expressions—a welcome note and a dubious one. Paolo Ardoino, the Chief Executive Officer of Tether, has said that the mint is meant to […]

Mt. Gox Transfers 12,000 BTC to Bitstamp, Holds $2.74 Billion Bitcoin

Mt. Gox Transfers 12,000 BTC to Bitstamp, Holds $2.74 Billion Bitcoin

Mt. Gox may have the opportunity to satisfy the dues of the 2014 hack victims at this time. It was once a dominant crypto exchange platform that was seen transferring massive amounts of Bitcoin tokens to Bitstamp on August 21, 2024. It is reported that about 12,000.17 tokens were transferred for a total value of […]

Bitcoin and Ethereum fluctuating within range

Bitcoin and Ethereum fluctuating within range

The global crypto market has dipped by 2.06%. It is currently at $2.1 trillion, with an FGI of 45 points for neutral sentiments. Bitcoin and Ethereum are in the middle of the range they established. For BTC, it is $57k-$61k whereas for ETH, it is $2,400-$2,700. It could take some time for them to mark […]

Cardano falls as Tron rises, dropping out of the crypto top 10

Cardano falls as Tron rises, dropping out of the crypto top 10

Cardano’s fall is one of the most notable stories in the crypto market. Previously, it held the 3rd position. This dates back to 2021, not long ago; however, it is now resting at the 11th position with a market cap of around $12.34 billion. The bull run that occurred during that period is responsible for […]

$XLM is gaining strength, confirms support at $0.09

$XLM is gaining strength, confirms support at $0.09

Stellar’s native digital currency, XLM, is gaining strength. IIt is anticipated that it will surpass a significant milestone of $0.13.  This is due to the fact that it has already increased by 4.86% in the past 24 hours and is currently trading at $0.09868 at the time of this article. The token has the potential […]

Crypto market sees a pause to fluctuations

Crypto market sees a pause to fluctuations

The global crypto market is up by 3.19%, hovering around $2.14 trillion. It could be safe to assume that fluctuations are being halted for digital currencies worldwide. The market is experiencing price movements within a defined range, but they have not completely disappeared. For neutral sentiments, the FG has slipped to 46 points. The coming […]

Spot Bitcoin ETFs and Spot Ether ETFs draw a pattern

Spot Bitcoin ETFs were approved in January 2024. Spot Ether ETFs were approved in July 2024. The former has spent more time but the trend is somewhat set for both of them. BTC ETFs are yet to subside outflows from Grayscale’s GBTC. ETH ETFs are yet to subside negative flows from Grayscale’s ETHE. BlackRock is […]

Bitcoin and Ethereum retreat, Meme Coins experience dips

  The global crypto market cap is down by 0.79%, hovering around $2.06 trillion. The FGI has slipped below 45 points and currently reflects 41 points for a neutral sentiment. What is making huge headlines is the fact that Bitcoin has once again plunged below $60,000, while Ethereum is unable to maintain its gains of […]

Spot Ether ETF flows yet to subside negatives

Spot Ether ETF flows yet to subside negatives

Spot Ether ETFs have accumulated an outflow of $377.1 million to date. Grayscale’s ETHE is the most significant contributor, as it has been banking negatives since the beginning. The most recent report shows that Grayscale has amassed a total of $2,327.4 million, with an outflow of $31 million on August 13, 2024. However, it is […]

Crypto.com announces partnership with UEFA Champions League

Crypto.com announces partnership with UEFA Champions League

Crypto.com has announced a partnership with UEFA for the UEFA Champions League. The partnership entitles Crypto.com, a cryptocurrency platform, to bear the flag of a global sponsor under a multi-year agreement. This makes Crypto.com the first and exclusive crypto platform as a global sponsor of the UEFA Champions League. At the UEFA Super Cup on […]

Four.meme launches MEME Oscar Event to boost BNB Chain Ecosystem

Four.meme launches MEME Oscar Event to boost BNB Chain Ecosystem

Four.meme launches the MEME Oscar event. The event is pretty much, as it sounds, about the culture of meme. In fact, the platform has even said in the official blog post that the primary goal of hosting the event is fostering the meme culture. The announcement about the launch serves as an invitation to all […]

Bitcoin breaks $60k, Ethereum nears $3k amid rebound speculation

Bitcoin breaks $60k, Ethereum nears $3k amid rebound speculation

The global crypto market cap has increased by 2.87%, hovering around $2.14 trillion with an FGI of 55 points. The recovery is now more than evident, as several tokens have seen significant upticks in value in the last 24 hours. Needless to say, they still face the risk of dips and heavy fluctuations due to […]

Aptos launches Game #2 on Browser and Telegram

Aptos launches Game #2 on Browser and Telegram

Aptos has launched a new game in the Tap-to-Earn category. It is exclusively available on Browser and Telegram. It features the iconic cat Tapos bay bay and requires players to click and take the game forward. Each challenge, or a portion of a challenge, earns points. Tapos Shop and Cat Mission are new elements that […]

Polygon PoS Evolves: POL Token Takes Center Stage in Network Security and Staking

Polygon PoS Overhaul: MATIC to POL Transition and Beyond

The transition from MATIC to POL is finally happening on September 4, 2024. This represents a significant change in the PoS mechanism and the overall ecosystem. Essentially, POL will replace MATIC as the principal token for staking and gas fees. In the coming phases, the token will play an important role in the AggLayer. The […]

XRP Eyes $1 Target: Analysts Predict Bull Run

XRP Eyes $1 Target: Analysts Predict Bull Run

Ripple and the US SEC were in contention to secure victory in a lawsuit. That chapter has concluded, and Ripple is potentially a winner, for it reportedly charged with a civic penalty of $125,035,150. This comes after the court found it is violating securities law. The SEC, naturally, is expected to appeal for a higher […]

Ethereum outperforms Bitcoin, Meme Coins mark recovery

Ethereum outperforms Bitcoin, Meme Coins mark recovery

The global crypto market cap is up by 1.68%, hovering around $2.09 trillion with an FGI of 52 points. Bitcoin has largely sustained its previous day’s momentum. On the other hand, Ethereum has not only marked an uptick but has also outperformed Bitcoin in 24 hours. Most of the tokens are green as of August […]

Bitcoin Holdings of CEX hit a new low since 2018

Bitcoin Holdings of CEX hit a new low since 2018

Bitcoin holdings of CEX are down to 2.67 million. This comes after an outflow of 99,308 Bitcoin tokens in the previous month, worth approximately $5.96 billion. Recent CEX holdings have reached their lowest level since November 19, 2018, which is attributed to the collapse of Terra and FTX. BTC is currently experiencing a downtrend. Analysts […]

Drops across the cryptocurrency market as major tokens slip

Drops across the cryptocurrency market as major tokens slip

The global crypto market cap is down by 4.28%, or around $2.06 trillion. The drop is fairly consistent across the crypto market, with major tokens like Bitcoin and Ethereum slipping below the levels of $60k and $2,600, respectively. Meme coins suffer the most, as the top tokens in the segment have experienced a decline of […]

Daily Ethereum Burning hits yearly low with only 210 ETH Burned

Daily Ethereum Burning hits yearly low with only 210 ETH Burned

The daily ETH burning is at its lowest point of 210 tokens as of August 10, 2024. This is largely credited to the fall in the base fees, which was 100 gwei on August 5, 2024, and later fell to the range of 1-2 gwei. Also, ETH burning was 5,000 on August 5. At the […]

SushiSwap Team deposits 3.75 million SUSHI worth $2.18M into Binance

SushiSwap Team deposits 3.75 million SUSHI worth $2.18M into Binance

As per reports by Lookonchain, the SushiSwap team has deposited 3.75 million SUSHI tokens into Binance. They were collectively worth $2.18 million at the time of transfer and were originally received from SushiSwap Operating Multisig as of May 16, 2024. SushiSwap has not disclosed or cited a specific reason for the transfer. However, the token […]

Numbers in Spot Bitcoin ETF show significant inflows

Numbers in Spot Bitcoin ETF show significant inflows

Spot Bitcoin ETF marked significant inflows on August 8, 2024, with an accumulated figure of $194.6 million. BlackRock’s IBIT reported the maximum inflows of $157.6 million. The only outflow on the chart visible is that of Grayscale’s GBTC by $182.9 million. Nevertheless, other ETFs were able to balance the chart and provide a positive flow […]

Bull rally returns to the crypto market, Bitcoin and Ethereum mark upticks

Bull rally returns to the crypto market, Bitcoin and Ethereum mark upticks

The global crypto market cap has risen by 6.27%, above $2.15 trillion, with an FGI of 56 points for neutral sentiments. By the looks of it, the bull rally has made a comeback to the cryptocurrency market. Bitcoin and Ethereum have gained popularity, as have meme coins. It is likely that a confirmed selection by […]

Bitcoin and Ethereum slowly recover as DOGE teases a milestone

Bitcoin and Ethereum slowly recover as DOGE teases a milestone

The global crypto market cap is $2.01 trillion, down by 0.22%. This comes at a time when the Fear & Greed Index shows 42 points for neutral sentiments. Bitcoin and Ethereum are recovering, but the pace is slower than expected. Meme Coins are maintaining their reputation as a safe altcoin option. Dogecoin, for one, even […]

Insufficient, but Bitcoin, Ethereum, and other cryptocurrencies risk comeback

Insufficient, but Bitcoin, Ethereum, and other cryptocurrencies risk comeback

The global market cap of cryptocurrencies is up by 1.99%, hovering around $2.01 trillion. The FGI is also up, showing 43 points for a neutral sentiment. The current condition in comparison to recent trends is not sufficient to instill confidence, but recovery is on the horizon for the crypto market. Bitcoin and Ethereum have made […]

Meme Coins seen overperforming Bitcoin and Ethereum

Meme Coins seen overperforming Bitcoin and Ethereum

The global crypto market cap is up 4.07% and hovers above $1.96 trillion. The Fear & Greed Index has slipped to 32 points, indicating sentiments of fear among investors. Interestingly, meme coins are outperforming generic cryptocurrencies. Their market cap has increased by 10.26%, while trading volume has increased by 72.07%. When the market fell sharply, […]

Crypto market crashes; Bitcoin and Ethereum plummet drastically

Crypto market crashes; Bitcoin and Ethereum plummet drastically

The global crypto market cap has slipped below $2 trillion and is now around $1.89 trillion, a 12.33% dip. The Fear & Greed Index has plunged to 42 points for a neutral sentiment; however, inventors might still be worried about a prevailing bearish sentiment. The likes of Bitcoin, Ethereum, Dogecoin, and Shiba Inu have taken […]

Ripple collaborates with OpenEden to bring US T-Bills to XRP Ledger

Ripple collaborates with OpenEden to bring US T-Bills to XRP Ledger

Ripple has announced joining hands with OpenEden. The objective of the partnership is to bring the US Treasury Bill to XRP Ledger. The larger initiative aims to tokenize every tangible real-world asset and traditional financial security. Ripple has also allocated $10 million in funds as part of its association with the tokenization platform. OpenEden plans […]

Bitcoin recovers slightly, Ethereum falls as crypto market waits for rebound

Bitcoin recovers slightly, Ethereum falls as crypto market waits for rebound

The global crypto market cap is down 0.27% to over $2.3 trillion. The Fear & Greed Index shows 58 points for a neutral sentiment. Bitcoin has made a slight recovery but is still below the acceptable mark of $67k. Meanwhile, Ethereum is waiting for big negative flows to decrease so that it can accumulate positives […]

Economic changes bring policy adjustment hopes, hints Fed Chair Powell

Economic changes bring policy adjustment hopes, hints Fed Chair Powell

Jerome Powell, the Federal Reserve Chair, has hinted at a potential cut of 25 bps in rates if the economic performance shows positive signals. This stems from the recent inflation rate, which shows that it is below 3% and close to the target of 2%. To be more specific, the inflation rate as of June […]

Crypto market plummets drastically; Bitcoin and Ethereum lose impetus

Crypto market plummets drastically; Bitcoin and Ethereum lose impetus

The global market cap of cryptocurrency is down by 2.74%, hovering around $2.3 trillion. The Fear & Greed Index is also down to 57 points for neutral sentiments. The news-grabbing events, though, are the falling token values of several digital assets, such as Bitcoin and Ethereum. Meme coins were expected to remain resilient as an […]

Bitcoin sustains the mark as Ethereum and meme coins take a blow

Bitcoin sustains the mark as Ethereum and meme coins take a blow

The global market cap of the crypto industry is down by 0.63% and is hovering around $2.38 trillion. As a result of fluctuations, the market cap has slipped slightly. The Fear & Greed Index shows 60 points for a neutral stand. That is a hint that investors are reconsidering their current position. Chances are that […]

ETH loses demand; leverage remains 50% higher

ETH loses demand; leverage remains 50% higher

ETH’s physical withdrawals are declining, which suggests that there is no demand for the token. Given their correlation with prices, the community wonders how the token adapts to the changing environment when demand declines in tandem with Exchange Withdrawing Transactions. Simply put, the Estimated Leverage Ratio of ETH, also known as ELR, is up sharply […]