Blue chip cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are ebbing lower on the first day of August, with both hitting fresh one-and-a-half month lows under $29,000 and in the low $1,800s, respectively. Market commentators are citing jitters over the hack of one of Decentralized Finance (DeFi)’s oldest and most trusted decentralized exchanges (DEX) Curve…
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Despite recent changes to macroeconomic policies, analysts warn that Bitcoin could still plummet to $25,000. Data shows that the 50-day EMA has been persisting as resistance for the past week with Bitcoin having no significant changes to the upside. Given these challenges, what are the best cryptos to buy now? The stability of Bitcoin is…
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A crypto whale just made a huge investment into one of 2023’s hottest meme coin presales. Over the course of about five minutes, five different wallets piled 460 ETH (worth nearly $850,000) into the Wall Street Meme’s $WSM token presale. The coordinated nature of the purchases suggests one individual whale was behind them…. Read More:…
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Bitcoin’s price plunged under the psychologically significant support level of $30,000 over the past week, reaching a close of $28,874 today. The Federal Reserve’s decision to increase the rate by 25 bps on July 26 seems to have been largely shrugged off by Bitcoin, however. As Bitcoin continues to consolidate, what are the best cryptos…
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As blue-chip crypto markets remain stuck within familiar ranges, with bitcoin (BTC) in the low $29,000s and ether (ETH) in the mid-$1,800s ahead of a week lacked with key US economic data releases, things are heating up in the meme coin market…. Read More: Biggest Crypto Gainers Today on DEXTools – BUU, PEGASUS, HAMS Read…
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As crypto markets hold relatively steady today after recent gains the United States Securities and Exchange Commission (SEC) has commenced a process inviting the public to share their perspectives on Bitcoin Exchange Traded Funds (ETFs). This development surfaces just ahead of the July 2023 assembly of the Federal Open Market Committee (FOMC) set on July…
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With an unwavering conviction in the potential of cryptocurrencies, Larry Fink, helmsman of BlackRock, the world’s most influential asset management firm, expressed a stronger faith in digital assets as investment tools today. His contention is that cryptocurrencies will “transcend any one currency.” How will this influence the best cryptos to buy now? Fink shared his…
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Judge Analisa Torres issued a verdict on Thursday saying that US fintech company Ripple Labs did not break federal securities law via its sales of XRP on public exchanges, a huge victory for the firm that sent the price of XRP shooting higher. XRP/USD was last trading at its highest levels since April 2022 just…
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The crypto market is currently witnessing a notable uptick, propelled by the recent legal victory of Ripple, the company behind XRP, in its lawsuit against the SEC. Bitcoin, along with other cryptocurrencies, is experiencing the ripple effect of this pivotal moment in the industry. In light of this significant macroeconomic development, what are the best…
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FTT saw a massive 26% pump from the $1.40s to the $1.80 area on Tuesday in a matter of minutes, before pulling back under $1.60 on Wednesday. FTT is the utility token of the now defunct cryptocurrency exchange FTX that is currently going through a lengthy, arduous bankruptcy process in wake of its collapse last…
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