Analyst eyes Ether 'major push' to $3.5K, traders bet against dip
A crypto analyst says Ether could make a "major push" to $3,500 if it holds a $2,800 weekly close. Meanwhile, futures traders are betting on an upward move.
Posts published on August 24, 2024 go to media archive 2/2
Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows
Yesterday, Bitcoin (BTC) spiked over 6% following Federal Reserve Chairman Jerome Powell’s announcement that they are adjusting its policy and hinting at a potential 25bps rate cut at the next meeting on September 18. This unexpected news has…
Hong Kong’s Bitcoin ETFs reach HK$2B milestone, led by OSL
For Hong Kong to truly compete on the global stage, it will need to attract more significant inflows and broader participation from both retail and institutional investors.
Solana Eyes Price Surge To $220: Breaking Through This Resistance Is The Key
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid…
Bitcoin's Coinbase premium hits 39-day high as $63K is reclaimed
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.
AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation
Analyst Predicts 2,200% Explosion Will Send Cardano To $8, Here’s When
Cardano has gotten a lot of bullish predictions lately, especially in relation to the much-anticipated Chang upgrade. The upgrade is one of the most important upgrades for the network in a while, and this has triggered a wave of optimism among…
China and Russia Push for Increased Local Currency Use in Trade, Deepen BRICS Cooperation
China and Russia solidified their cooperation in currency, finance, and within the BRICS framework following a meeting between Chinese Premier Li Qiang and Russian Prime Minister Mikhail Mishustin. They committed to local currency use, payment…
India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report
The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled for release between September and October…
Tether has 'redistributed' $108.8M USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a "significant victory" in the ongoing fight against cyber fraud, according to Tether.
Bitcoin on the Verge of a Breakout? Economist Refines Price Target To $120,000
Economist and market analyst Henrik Zeberg has made an updated bullish forecast for Bitcoin, predicting that the leading cryptocurrency could surge between $115,000 and $120,000. Zeberg, who forecasted a rise to $95,000-$100,000 in December 2022…
US, African Nations Discuss Responsible AI Use in Military Applications
The United States is urging countries to collaborate on the responsible use of artificial intelligence (AI) in military applications. A senior State Department official, Mallory Stewart, emphasized the need for countries to agree on AI guidelines…
Nigerian Firms Forecast Further Naira Depreciation
A recent Central Bank of Nigeria survey reveals that Nigerian businesses expect the naira to weaken further before strengthening in late 2024 or early 2025. This pessimism comes despite the CBN injecting millions into the forex market. The…
Crypto Analyst Predicts 42,263% Breakout For XRP Price To $280, Here’s The Roadmap
A crypto analyst is predicting a massive price breakout for the XRP price, the native token of the XRP Ledger (XRPL). Despite XRP’s sluggish price performance, the analyst believes that this cryptocurrency could soar as high as 42,263%, potentially…