CoinspeakerPepe Coin’s Price Plummets 20% amidst Significant Wallet Movements and Security Concerns In total, more than 16 trillion tokens were moved on Thursday, August 24, which had a noticeable impact on the market. The amount represents 3.8% of the token's total market supply. Pepe Coin’s Price Plummets 20% amidst Significant Wallet Movements and Security Concerns
Read More »Gap Reports Mixed Q2 2023 Financial Results, GPS Shares Up 1% in Pre-market
CoinspeakerGap Reports Mixed Q2 2023 Financial Results, GPS Shares Up 1% in Pre-market Gap Inc’s new CEO Richard Dickson took over after the company reported an 8 percent drop in sales in Q2 to $3.55 billion, compared with $3.86 billion a year earlier. Gap Reports Mixed Q2 2023 Financial Results, GPS Shares Up 1% in Pre-market
Read More »Bitcoin Cash Analysis: Recovery Could Be Capped Near $210
Bitcoin cash price started a fresh decline below the $200 zone against the US Dollar. The price is now trading near the $192 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $210 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a fresh decline if it stays below the $210 resistance zone. Bitcoin cash price is struggling below the $210 zone against the US Dollar,...
Read More »CZ Responds to Allegations of Binance Dumping Bitcoin to Defend BNB
Binance CEO Changpeng Zhao (CZ) credited a little-known X (formerly Twitter) user on Wednesday for dispelling rumors of internal chaos at Binance, which suggested that the exchange was desperately selling its Bitcoin stash to protect the price of its native token, BNB. The rumors pertained to a vulnerable BNB collateralized DeFi loan on Venus protocol that approached liquidation this week. Is BNB in Trouble? As explained by @zkHopium, the loan in question began with BNB...
Read More »This is The Next Target for ETH If the Drop Continues (Ethereum Price Analysis)
After a prolonged period of tranquil price activity near the critical level of $1.8K, there has been a significant and rapid downturn at ETH following a notable rejection. This sudden cascade has caused the price to drop below the 100-day and 200-day moving averages (MAs), indicating a bearish signal for the ETH market. Technical Analysis By Shayan The Daily Chart Looking at the daily chart, a prolonged phase of quiet price action near the $1.8K resistance level led to a...
Read More »Analysts: BlackRock is Hurting Itself by Partnering with Coinbase
As we all know by now, BlackRock – which is trying to bring a bitcoin-based exchange-traded fund (ETF) to fruition – has partnered with Coinbase in its application as a means of creating a safe custody haven for users. However, some analysts believe this move is going to come back and bite the company in the rear. Should BlackRock Find a Replacement for Coinbase? Coinbase is currently being sued by the Securities and Exchange Commission (SEC), the financial agency...
Read More »Meituan Surpasses Expectations with Impressive Q2 2023 Results
CoinspeakerMeituan Surpasses Expectations with Impressive Q2 2023 Results In the face of changing dynamics for China’s tech giants, Meituan has demonstrated a commitment to strategic expansion into adjacent sectors. Meituan Surpasses Expectations with Impressive Q2 2023 Results
Read More »ZTX to Build 3D Universe Atop the Arbitrum Blockchain
Crypto and fintech firm ZTX has stated it’s looking to build a new 3D virtual world atop the Arbitrum blockchain, which accounts for more than 60 percent of ETH’s Layer-2 market share. ZTX and Arbitrum… The Perfect Match? ZTX has said in this new virtual world, users can enjoy games, social interactions, and hold stakes in both economic and government activities while establishing and selling digital assets. ZTX is also a joint initiative between companies Jump...
Read More »Binance to Suspend Crypto Debit Card Services in Latin America, Middle East
CoinspeakerBinance to Suspend Crypto Debit Card Services in Latin America, Middle East Like other debit cards, the crypto debit card is a brainchild of Binance that allows its users to pay for day-to-day goods and services, using funds from their loaded crypto assets. Binance to Suspend Crypto Debit Card Services in Latin America, Middle East
Read More »AI Tokens Rise after Nvidia Posts Impressive Q2 2024 Earnings Report Showing Increased Revenue and Net Income
CoinspeakerAI Tokens Rise after Nvidia Posts Impressive Q2 2024 Earnings Report Showing Increased Revenue and Net Income Tokens related to AI all rose after Nvidia's report, and are likely to continue reaping from institutional interest in artificial intelligence. AI Tokens Rise after Nvidia Posts Impressive Q2 2024 Earnings Report Showing Increased Revenue and Net Income
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