Prime Minister Fumio Kishida of Japan made a resolute statement today that could be a boon to crypto markets, reiterating the country’s ambition to be at the forefront of Web3 innovation. His remarks coincided with news that leading cryptocurrency exchange Binance plans to launch operations in Japan beginning August 2023. This provides a new on-ramp…
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Pepe Coin (PEPE), the third most valuable meme coin in the crypto space which exploded onto the scene earlier this year, has come under heavy selling pressure on Monday. PEPE was last trading at one-month lows in the $0.0000013s, having slumped over 12% in the last 24 hours, as per CoinGecko. The meme coin is…
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Bitcoin is currently trading at $29,038 and has dipped by 3.47% so far today, likely due to market anticipation of the Federal Reserve’s interest rate announcement on July 26. The broader cryptocurrency market is also experiencing declines. Ether, the second-largest crypto, is down 2.39% and trading at $1,844. Other major cryptos, such as Ripple and…
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GMX, the governance and utility token that powers GMX, an Arbitrum-based decentralized exchange (DEX) for trading perpetual cryptocurrency futures with leverage, has tanked around 6.5% in the last 24 hours, as per CoinGecko. That makes gives it the unwelcome crown of being the worst-performing cryptocurrency in the top 100 by market capitalization over this time…
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Maker (MKR), the governance token of the Maker Decentralized Autonomous Organisation (DAO) and of the decentralized finance Maker Protocol behind the issuance of the DAI USD-pegged stablecoin, has pumped around 13% on Friday. MKR/USD was last trading around $1140 per token, but went as high as $1250 earlier in the session to hit a fresh…
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Bitcoin and the broader cryptocurrency market are experiencing a slump today, adding further pressure to an already tense market sentiment. Despite reaching a 13-month high of almost $31,700 last week, Bitcoin’s momentum has been dwindling since, with its price consistently falling below the 20-day Exponential Moving Average (EMA) this week. The indicator could now be…
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RPL, the utility token that powers the decentralized Rocket Pool Ethereum liquid staking protocol, has been taking a beating on Thursday. The token, which is used for staking alongside ETH within the Rocket Pool protocol to incentivize honest node operation, as well as for protocol governance, was last down around 7.5% in the last 24…
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After staging a rally that saw 1INCH reach a multi-month high of $0.5935 on July 17, it is now experiencing a drastic pullback to the current level of $0.3274, representing a 44.84% decrease from its recent peak. What’s next for 1INCH and can it reestablish its bullish momentum?… Read More: BTC20 Emerges as Eco-Friendly Alternative…
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When Arkham Intelligence’s $ARKM made its debut on July 18 with a price of $0.75, it received a warm welcome and immediately achieved a high of $1.05004. Although the coin had a promising start, it has since struggled to maintain its bullish momentum as it currently trades at $0.5962, down by 7.5% so far today.…
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Dogecoin (DOGE) is trading around 3.5% higher in the past 24 hours, outperforming the likes of bitcoin (BTC) and ether (ETH), both of which are trading broadly flat. The crypto market’s most valuable meme cryptocurrency, at least as measured by market capitalization, was last trading just above $0.07, having found support in the last few…
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