Markets

A prolonged struggle has been ongoing between buyers and sellers centered around the 100-day moving average. The price has been exhibiting remarkably low volatility, which suggests a state of indecision in the market. The price action within this pivotal price range could potentially indicate Bitcoin’s future price movement. Technical Analysis By Shayan The Daily Chart The daily chart depicts a corrective movement following the rejection at $30K. This movement is...

Major cryptocurrencies saw a sharp bounce as the global crypto market cap expanded by 1.3% over the past day. The Bitcoin price has appreciated more than 1.5% over the last 24 hours and is trading above the $29,900 price level. With experts becoming increasingly bullish on a spot Bitcoin ETF approval, investors are gearing up for a strong surge in volatility that can kick-start a new BTC bull cycle. Meme coins are also stealing the spotlight during the current bull rally,...

CoinspeakerBacked Integrate Tokenized RWAs to Multiple Blockchains Backed’s RWAs can be accessed on Fantom (FTM), Avalanche (AVAX), Gnosis (GNO), BNB Chain, Arbitrum (ARB), Ethereum (ETH), and Polygon (MATIC). Backed Integrate Tokenized RWAs to Multiple Blockchains

Jeremy Allaire – the CEO of stable coin issuer Circle – says that with bitcoin and Ethereum exploding in price as of late, he thinks countries like China – as well as many other Asian nations – are going to up their bitcoin demands and permit crypto mining like never before. Jeremy Allaire Thinks China Will Again Be a BTC Haven In a recent interview, Allaire said: Hong Kong is clearly looking to establish itself as a very significant center for digital asset...

CoinspeakerBernstein Research: Stablecoin Market to Top $2.8T by 2028 As investors and consumers battle with the risks of regular cryptocurrencies, stablecoins provide a dependable shelter where value remains generally stable over time. Bernstein Research: Stablecoin Market to Top $2.8T by 2028

CoinspeakerCoinbase Explores New York’s Crypto Adoption in ‘United States of Crypto’ Series In addition to the thriving blockchain ecosystem in New York, the report also casts a spotlight on the state's captivating fusion of fashion and blockchain technology.  Coinbase Explores New York’s Crypto Adoption in ‘United States of Crypto’ Series

CoinspeakerBinance Becomes Fully Licensed Crypto Exchange in El Salvador With its services now fully authorized in El Salvador, Binance has achieved its 18th regulatory approval, solidifying its position as the exchange with the most licenses and registrations worldwide. Binance Becomes Fully Licensed Crypto Exchange in El Salvador

Stablecoin issuer Circle is a US-based company, and 70% of its USDC adoption originates from non-US regions. According to the estimations of Circle CEO Jeremy Allaire, some of the fastest growing areas are emerging and developing markets, which are not in the country that has been facing severe regulatory uncertainty. Not Fixated on US Allaire took to X (formerly Twitter) to reveal observing “strong progress” across Asia, LATAM, and Africa, highlighting the demand for “safe,...

Japan just established a whole new level of clarity to its crypto tax agenda. Up to this point, all unrealized gains from crypto assets were subjected to the country’s present 30 percent corporate tax rate, though now, it appears this is coming to an end. Japan is Putting an End to Some Crypto Taxation The news came from Japan’s National Tax Agency (NTA). The agency explained in a statement that crypto assets will be excluded from any company’s asset valuation...

Bitstamp – the world’s longest-running cryptocurrency exchange – is currently engaged in discussions to secure new capital to ramp up its operations. The revelation was made by Jean-Baptiste Graftieaux, Bitstamp’s global chief executive officer. Besides focusing on raising capital to expand the services to retail and institutional crypto clients, Bitstamp also plans on diving into the derivatives space. Bitstamp Fundraise The fundraising process was initiated in late June,...