Markets

The precious metal has had a highly impressive year, having surged by about 27% and tapping a new all-time high just on Friday. However, does this impressive YTD increase mean that it has done better than bitcoin, which is far from its ATH? Gold Dominates 2024 Perhaps driven by the overall macroeconomic situation, with a few wars breaking out, uncertainty about numerous election cycles, purchases from emerging market central banks, or other reasons, the yellow metal has been...

Bitcoin’s price run after the Fed’s rate cut was halted at $64,000 and the asset was pushed down by around a grand. The altcoins are also in the red on a daily scale, with the biggest corrections coming from the likes of TON, AVAX, and NEAR from the larger caps. BTC Down to $63K Bitcoin started the business week with a correction that drove it from over $60,000 to under $58,000 on Monday. It was expected to be a highly volatile week for the asset as the US Federal Reserve had...

TL;DR Shiba Inu (SHIB) recently hit a three-week high, with some analysts predicting a potential massive bull run, though highly ambitious price targets seem unlikely. Rising social engagement and positive sentiment on platforms like LunarCrush suggest the meme coin may see further gains in the near future. Is SHIB Ready for New Glory Days? The second-biggest meme coin in terms of market capitalization has performed quite well lately, with its price surging to a three-week...

The meme coin market might have a new star. Pepe Unchained (PEPU) is shaking things up with developer grants, an enormous presale raise, and whispers of big exchange listings. All before the project has even officially launched. Pepe Unchained – The Meme Coin with Layer-2 Utility Pepe Unchained is generating tremendous traction – and not just because of its $14 million presale haul. This project is preparing to launch a Layer-2 network designed specifically for meme coins....

It’s been an excellent week for meme coin traders. Most of these coins have posted solid gains, and many traders are scouring the market for the next big winner. Crypto All-Stars (STARS) has emerged as a potential candidate – offering a new meme coin staking protocol unlike anything else available right now. Meme Coin Mania Returns as NEIRO & BABYDOGE Lead the Surge Remember the bullishness from May this year? It’s back with a bang. Meme coins are on a tear, with PEPE...

The Open Network (TON) has continued to record outstanding growth as the protocol recently saw its active addresses outperform leading blockchains in the industry. According to data from the market intelligence platform IntoTheBlock, the number of daily active TON addresses surged to 3 million in the first week of September. Per the data, this figure exceeded the number of active addresses recorded on major Layer 1 networks, including Bitcoin and Ethereum. TON’s popularity...

There’s been no shortage of news over the past seven days. During this period, the total cryptocurrency market capitalization managed to add close to $140 billion. This happened on the back of significant gains charted by the majority of coins, so let’s take a closer look. First things first, the long-anticipated rate cut is now a fact. The US Federal Reserve announced on Wednesday that it is decreasing interest rates by 0.5%, a considerable move that sent ripples across all...

Crypto investors have had an exciting week so far. With Bitcoin pushing past $62,000, the OG cryptocurrency is grabbing everyone’s attention. However, some analysts think the real opportunities might be with smaller coins. And YouTube analyst Crypto Gains has highlighted two promising names that he thinks could be about to rally: Panda Swap and Pepe Unchained. Crypto Market Heats Up After Fed Rate Cut The crypto market is heating up, and we can thank the Fed for that....

Palo Alto-based crypto custody firm BitGo has launched a new stablecoin, USDS, that is set to go live in January 2025. The company says the stablecoin will be fully backed by U.S. dollars through a mix of short-term Treasury bills, overnight repos, and cash in a bid to ensure liquidity and minimize risk. New Approach to Stablecoin Rewards According to a September 18 statement from BitGo, its proposed offering will differ from existing dominant stablecoins like Tether (USDT)...

Bitcoin’s price finally looks set to break back above the $60K level after weeks of consolidation. However, there is still one more key resistance level that the price needs to overcome. Technical Analysis By: Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, Bitcoin’s price is demonstrating a willingness to finally break above the $60K resistance level, following its rebound from $52K. The RSI also shows values above 50, indicating that the market...