U.S. inflation metrics saw a notable rise recently, with the Consumer Price Index (CPI) experiencing a 3.2% increase over the past year leading up to July. Despite the financial development indicated by this data released by the Bureau of Labor Statistics (BLS) on Thursday, the performance of Bitcoin and Ethereum has been relatively lackluster, with…
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The Bitcoin (BTC) price is little moved in the mid-$29,000s in wake of the latest core US inflation data that has reaffirmed that price pressures continue to ease in the US economy. The Core Consumer Price Index (CPI) rose 0.2% MoM in July, in line with expected and unchanged from June, while the YoY metric…
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The price of Aptos (APT), the native token of the layer-1 Aptos blockchain that was built by ex-Facebook employees behind the social media platform’s failed Libra/Deim blockchain project, surged on Wednesday on the news that Aptos has partnered with Microsoft to work on new artificial intelligence (AI) blockchain products. APT/USD was last trading with gains…
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The United States Federal Reserve announced on Tuesday an enhanced oversight program concerning lenders’ interactions with cryptocurrencies. This decision follows a string of measures from U.S. regulators designed to curtail banks’ direct involvement in cryptocurrencies. In light of this macroeconomic development, what are the best cryptos to buy now?… Read More: Best Crypto to Buy…
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The Securities and Exchange Commission (SEC) is anticipated to give the green light to spot Bitcoin ETF applications from financial giants BlackRock and Invesco. According to Mike Novogratz, CEO of Galaxy Digital, the approval could occur within a four to six-month window. Considering this evolving macroeconomic circumstance, what are the best cryptocurrencies to buy now?……
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PayPal, the global payments giant, continued its journey into the cryptocurrency space with the launch of its own stablecoin today, PayPal USD (PYUSD). This development marks a significant stride since PayPal’s initial foray into the cryptocurrency industry in late 2020. Given this development, what are the best cryptos to buy now?… Read More: Best Crypto…
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Shiba Inu (SHIB), a Shiba Inu dog-themed token that is the second largest meme coin by market capitalization behind Dogecoin (DOGE), is rallying on Friday amid news that Binance will allow the asset to be used as collateral on its platform. As per an update from Binance, the platform users will now be able to…
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Curve (CRV), the native token of the Curve Finance decentralized exchange (DEX) and the governance token of the Curve DAO (decentralized autonomous organization) rallied 7% on Friday to $0.61 after a hacker who stole millions in funds from the exchange and other decentralized finance (DeFi) protocols began returning funds…. Read More: Curve Price Prediction as…
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One of the largest pieces of news impacting crypto markets today is that Coinbase has requested the dismissal of a lawsuit filed against them by the United States Securities and Exchange Commission (SEC), according to an announcement made today by Paul Grewal, the company’s Chief Legal Officer. Grewal disseminated the news on X, stating, “Coinbase…
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If you ever enjoyed watching Teenage Mutant Ninja Turtles (TMNT) on TV as a child, or even as an adult, chances are you’ve heard the term “Cowabunga!” quite a few times. The iconic catchphrase has not only seeped into popular culture but also become the namesake of an upcoming cryptocurrency project, Cowabunga Coin…. Read More:…
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