Crypto news

Telegram launched the ‘Stars’ token, allowing users to avail digital goods and services from the social platform’s numerous mini apps. Stars is an in-app asset that ensures users can pay for services effortlessly through the app. Mini-app developers can exchange the Stars for Toncoin (TON) – the native asset of the TON chain, a blockchain network developed and powered by Telegram. They can exchange the tokens on Fragment, a platform on which Telegram users often buy and sell usernames. Pavel...

Family offices, known for their entrepreneurial spirit, are embracing new investment opportunities. Though cryptocurrencies account for 5% of portfolios, an allocation that would have been unthinkable a decade ago, they remain strikingly split over the role of the asset class. According to the recently published 2024 BNY Mellon Wealth Management Study, approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering them,...

Following weeks of consolidation, Ripple’s price is finally showing signs of beginning a significant move. However, this is not good news, as the anticipated move seems to be bearish. By TradingRage The USDT Paired Chart Against USDT, XRP has been consolidating inside a symmetrical triangle pattern over the last couple of months since dropping below the 200-day moving average. On Friday, the market experienced a sudden drop. While the price has recovered more than half of its...

The buzz around ETFSwap (ETFS) is growing as Phase 2 of its presale garners unrivaled attention from crypto investors. Predictions indicate that this phase will sell out ahead of schedule, presenting a fleeting but lucrative opportunity for early adopters. Why Investors Are Buzzing About ETFSwap’s (ETFS) Phase 2 Presale ETFSwap (ETFS) seems to be heading in the right direction after selling over 14 million tokens in the phase 2 round only a few days in. The ETFSwap (ETFS) platform is...

Bitcoin’s price has been having difficulty approaching its all-time high of $75K and is still consolidating. On Friday, the cryptocurrency tanked below $70K, and if the current level supporting the price breaks down, an even deeper correction could be expected. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been hovering around the higher boundary of the large descending channel, failing to break it to the upside with momentum. The...

Back in 2021, it seemed like every celebrity was getting involved with the cryptocurrency industry through non-fungible tokens. The Bored Ape Yacht Club (BAYC) and CryptoPunks were the hottest collections, and mega stars like Eminem and Justin Bieber (just to name a few) were rocking NFTs as their profile pictures on Twitter (now X). Three years later, it seems that multiple celebrities are now getting back to crypto, this time through meme coins. Iggy Azalea’s MOTHER Meme...

Analysts at market intelligence platform CryptoQuant have identified a surge in demand for bitcoin (BTC) from large investors and permanent holders. While this could mean many things for the crypto industry, it is deemed a positive sign per the laws of demand and supply. In the latest CryptoQuant weekly report, market experts said that accelerating BTC demand growth is necessary for a sustainable price rally. Hence, BTC may soon witness a substantial increase in prices....

The largest stablecoin issuing company, Tether, has recently made a lot of investments in emerging crypto and artificial intelligence firms. These investments and the firm’s advancement beyond stablecoins show that the entity is keen on expanding its operations. Over the past few months, Tether has dipped its foot into other sectors like peer-to-peer communication, Bitcoin mining, renewable energy, and artificial intelligence. Tether’s Latest Investments XREX Group is the...

TL;DR Shiba Inu has been struggling to catch up with the booming crypto market lately, recording a slight price decrease in the past seven days. Despite this, some analysts predict a bull run, with potential targets up to $0.00014 toward the end of the year. The Odds of a New Substantial Rally Contrary to the overall market resurgence in the past few days, the popular meme coin Shiba Inu (SHIB) has underperformed. Its price is down 8% weekly, while the market capitalization...

“It is only a matter of time until Bitcoin makes a new all-time high,” said 10x Research CEO Markus Thielen in a note on June 7. The analyst has observed a “head and shoulders” chart pattern, which is nearing completion. This could result in a “rally towards 83,000 soon,” he said, predicting that this may occur within the next week if resistance is broken. However, bitcoin did hit resistance and retreated to just over $69,000 on June 7. Nevertheless, the analyst remains...