The crypto market has witnessed a bearish turnaround since mid-week as Bitcoin’s price breaks below the $70,000 floor. The renewed selling pressure can be attributed to market uncertainty following the upcoming result of the U.S. election. While the altcoin market allows the bearish momentum, the BNB price analysis shows the potential for sharp results amid…
Shytoshi Kusama, the lead of the Shiba Inu project, has made a bold request to Ethereum co-founder Vitalik Buterin. Kusama wants 10 minutes of Buterin’s time to showcase SHIB’s potential. His request follows Buterin’s recent statement that Dogecoin deserves to be the second-largest cryptocurrency after Bitcoin. Shytoshi Kusama’s Proposal To Highlight Shiba Inu Vision Following…
Shiba Inu (SHIB), the meme-inspired cryptocurrency, recently entered a consolidation phase amid a broader market slowdown. Despite current challenges in maintaining stability, SHIB has surged 123% over the past year. Analysts remain cautiously optimistic, speculating that with a market recovery, SHIB might regain momentum. Some even suggest the altcoin could see significant price milestones, potentially…
Over the past seven months, the Solana price has traded sideways, struggling to sustain above the $200 psychological level. While the consolidation has created uncertain market sentiment with a lack of initiation from buyers, the Q4 period could be a game changer. Amid the upcoming U.S. election result and recovery in on-chain data, the SOL…
XRP price has been trading in a narrow range recently, hinting at a period of consolidation for the altcoin. This period of price stability was interrupted by a rebound, aligning with a broader market uptick, suggesting a shift in momentum. Market analysts are increasingly optimistic about XRP’s trajectory, with some forecasting a notable price surge.…
As the U.S. presidential election approaches, the cryptocurrency market is abuzz with speculation about its potential impact. A victory for Donald Trump, who is viewed as a pro-crypto candidate, could significantly influence the future direction of the digital market. Here are five altcoins that could witness significant growth if Trump wins the election. 5 Altcoins…
Former Cleveland Fed President Loretta Mester recently discussed a potential Fed rate cut at the November FOMC meeting. She said that a 25 basis point (bps) cut seems pretty straightforward at this point and explained why. A 25bps Fed Rate Cut Is “Pretty Straightforward” Loretta Mester mentioned during a CNBC interview that a 25 basis…
After a four-month imprisonment, the former Binance founder, Changpeng Zhao, is adjusting to the outside world. From his social media presence to his first public appearance at the Blockchain Week event in Dubai, he is exciting his followers for the future. More importantly, he is developing questions in many people’s minds about whether he will…
Bitcoin’s price momentum in October, affectionately dubbed “Uptober,” saw an approximately 12% gain, sparking speculation about a potentially “nuclear” rally. At the center of the buzz are rumors that over-the-counter (OTC) desks, commonly used by institutional buyers to acquire large amounts of Bitcoin without moving markets, are starting to run dry. This supply crunch, driven…
UBS Asset Management has caught the eyes of traders with its latest launch of the first Ethereum-based tokenized money market fund, uMINT. The fund is specifically tailored for Singapore users. Notably, it marks a major lead for the firm in the digital finance sector, while also reflecting its plans to expand tokenization services for global…