The market capitalization of cryptocurrencies is currently increasing by 1.24%, reaching $1.035 trillion on September 14, as per data from TradingView. This rise can be attributed to the gains witnessed by top cryptocurrencies like Bitcoin, Ethereum, and Solana, in response to the latest inflation data and increased speculation that the Federal Reserve may suspend interest…
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The Layer 1 blockchain protocol Aptos, founded by former Facebook employees, is preparing to release 20 million APT tokens in November according to data compiled by TokenUnlocks. With APT currently trading around $5.15, the token unlock is estimated to be worth over $103 million…. Read More: Is It Too Late to Buy Aptos? APT Price…
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Artificial Intelligence (AI) and cryptocurrencies are both prominent tech trends that have caught the public’s attention in recent years. Now, the intersection of these technologies has led to the development of AI crypto projects, which use specialized tokens as the working currency for AI platforms based on blockchain. These tokens offer users the ability to…
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Delaware Bankruptcy Court officials are expected to rule today on cryptocurrency exchange FTX’s request to liquidate up to $3.4 billion in digital assets. The potential sell-off has raised concerns about its possible impacts on the already struggling cryptocurrency market. Given this backdrop, what are the best cryptos to buy now? FTX seeks to sell off…
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One of the main crypto headlines today involves Franklin Templeton seeking regulatory approval for a Bitcoin ETF. Financial services company Franklin Templeton filed an application on Tuesday for a Bitcoin exchange-traded fund (ETF), the latest major firm looking to bring a crypto ETF to market. Given the latest developments on crypto-related ETFs, what are the…
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Joining the broader cryptocurrency market uptrend today, Render Token (RNDR) has exhibited bullish price action for most of the day. The RNDR price touched its 50-day moving average for the first time in almost two months earlier today. However, selling pressure has once again pushed the cryptocurrency back to its familiar consolidation resistance zone of…
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Bitcoin has bounced back after briefly falling below $25,000 on Monday, suggesting bullish sentiment may remain intact for the leading cryptocurrency. According to data from TradingView, Bitcoin dipped to $24,901 Monday before recovering to close the day at $25,162. Crypto traders say this dip likely triggered buying interest around $25,000, which then spurred a price…
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Major cryptocurrencies saw declines on Monday following an announcement by bankrupt crypto exchange FTX detailing its holdings as of August 31. Bitcoin fell to lows around $25,000, while Ethereum dropped below $1,560 in trading on Monday. Other major cryptocurrencies like Binance Coin and XRP also saw drops of 3.57% and 5.87% respectively. In response to…
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Bitcoin recently experienced a huge influx of new addresses being created on its network even as its price continued to decline, according to data analyzed by crypto market expert Ali Martinez. Martinez found that over 717,000 new Bitcoin addresses were generated on September 9, marking the largest single-day surge in new wallet addresses for the…
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A standout story in today’s crypto news reports hails from Turkey, where the former CEO of the now-folded Turkish cryptocurrency exchange Thodex has been sentenced to over 11,000 years in jail. Faruk Fatih Özer, who founded Thodex in 2019, received a staggering 11,196-year sentence along with his two siblings and a $5 million fine. In…
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