Alchemy Pay, a leading global fiat-crypto payment gateway, has made significant strides through a new partnership with Yellow Card, a pan-African fintech company. The collaboration, announced on Tuesday, aims to provide on-ramp services in Africa, allowing easier conversion of traditional currencies into cryptocurrencies. This strategic move is set to expand Alchemy Pay’s reach in the…
Binance Expands Offerings for SUI and TURBO Tokens Leading cryptocurrency exchange Binance has announced new trading options for the SUI and TURBO tokens, sparking speculation about potential price impacts. The exchange is adding SUI/BRL and TURBO/TRY trading pairs, as well as enabling trading bot services for these new pairs. This move aims to broaden Binance’s…
A crypto trader has made headlines by turning a small $727 investment into $2.42 million in just four days through trading a new Solana meme coin. This remarkable gain of over 3,300% has sparked intense interest and debate in the cryptocurrency community. The meme coin in question, Goatseus Maximus (GOAT), has seen its price skyrocket…
Sui Foundation Addresses $400M Token Selling Allegations Amid SUI Price Surge The Sui blockchain’s native token SUI has seen an impressive 104% price rally over the past month. However, recent reports of alleged insider selling by the Sui Foundation have cast a shadow over this momentum. The Foundation has now responded to clear the air,…
CryptoQuant CEO’s recent analysis reveals a significant shift in crypto market dynamics, with Bitcoin buy walls now outpacing sell walls across major exchanges. This development marks a crucial change in trading behavior, signaling strong buying interest that could be driving the current market uptrend. The CEO noted that during the 2020-2022 cycle, sell walls consistently…
The Hyper Foundation has unveiled plans to introduce a native token called HYPE for Hyperliquid users, coinciding with the impending launch of the HyperEVM mainnet. This new token will play a crucial role in the proof-of-stake consensus mechanism, HyperBFT, and serve as the backbone for the HyperEVM and future ecosystem developments. Hyperliquid’s HYPE Token Set…
Tether Holdings Ltd., the company behind the USDT stablecoin, is exploring new avenues to deploy its substantial profits, including potential lending to commodities traders. According to sources familiar with the matter, Tether has initiated discussions with several firms in the commodities sector regarding USD lending opportunities. This move could disrupt a market that has long…
The cryptocurrency market has disappointed investors over the past two weeks, failing to deliver the anticipated “Uptober” rally. While early October sell-offs can be attributed to geopolitical tensions between Israel and Iran, several major altcoins have yet to show signs of bottoming out, suggesting the potential for a prolonged correction. As a result, investors may…
Goldman Sachs Boosts Nvidia Stock Target, AI Coins Poised for Rally Goldman Sachs has reaffirmed its bullish stance on Nvidia, raising its price target for the chip giant’s stock to $150 from $135. This upgrade comes as Nvidia’s shares surged over 1% in pre-market trading, potentially signaling an upcoming rally in AI-related cryptocurrencies. The investment…
Ethereum co-founder Vitalik Buterin has unveiled plans to enhance the network’s proof-of-stake (PoS) mechanism, focusing on faster finality and improved accessibility for individual stakers. Buterin’s proposed changes aim to reduce block finalization time from 13-15 minutes to a single slot and lower the staking entry barrier from 32 ETH to just 1 ETH. The Ethereum…