From Bitcoin to altcoins, our Crypto Currency Economic News keeps you informed on the latest developments and economic impacts in the crypto world.
The cryptocurrency world is witnessing an intriguing development, as expert Charles Edwards, co-founder of Capriole Invest, points out the potential role of Ethena Labs (ENA) in influencing Bitcoin’s (BTC) ongoing bull market. Despite Bitcoin’s recent volatility and its challenge in maintaining a steady position above the $70,000 threshold, Edwards believes that Ethena could be a …
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The investment world is abuzz with anticipation as the U.S. Securities and Exchange Commission (SEC) prepares to announce its decision on several applications for spot Ethereum Exchange-Traded Funds (ETFs). Amidst this uncertainty, industry leaders and financial experts are weighing in, offering both skepticism and hope for the future of Ethereum ETFs. A report from Barron’s …
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The Fantom Foundation has made a significant leap in blockchain scalability with the launch of its first validator using Sonic technology. This development marks a key advancement for the Layer-1 scalable network, promising to address longstanding issues related to blockchain scalability. The Sonic technology, built upon the foundation of the initial Opera network released in …
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BCB Group, known for providing business accounts and trading services in the crypto industry, has announced a strategic partnership with Metaco, a company owned by Ripple specializing in digital asset infrastructure technology. This collaboration aims to boost compliance, security, and operational efficiency in BCB Group’s digital asset custody operations. In a significant move, BCB Group …
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XRP, a major player in the cryptocurrency market, has recently seen a notable price surge, reigniting discussions about the potential of a long-awaited bull run. Trading at $0.6301, XRP has witnessed a significant increase in its market cap, now standing at $34.67 billion. This recent uplift in the digital currency’s value, marked by a 4% …
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As the high-profile trial of Terraform Labs and its founder Do Kwon nears its conclusion, attorneys are set to deliver their final arguments on Friday. The trial, a pivotal moment in the realm of cryptocurrency regulation, sees the U.S. Securities and Exchange Commission (SEC) accusing Terraform and Kwon of misleading investors before the dramatic collapse …
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The United Arab Emirates is rapidly establishing itself as a leading destination for the global cryptocurrency market, despite a worldwide ‘regulatory winter’. Amid a period of explosive growth in the digital currency sector, with Bitcoin and other cryptocurrencies like Solana, Telegram’s Ton, and Cardano’s Ada significantly outperforming traditional markets, the UAE is attracting attention for …
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The cryptocurrency Injective (INJ) is showing signs of recovery after recently dropping below the crucial $35 support level, reaching a monthly low. This turnaround in Injective’s trajectory can be attributed significantly to the involvement of crypto whales, who have recently demonstrated substantial interest in the asset. Currently, Injective is trading around $34, experiencing a correction …
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As Bitcoin experiences fluctuating prices, Captain Faibik, a well-known cryptocurrency analyst, projects a significant surge in the value of Bitcoin, potentially reaching as high as $90,000 by the end of April. Despite the current bearish trend, Captain Faibik’s analysis indicates a potential for a dramatic turnaround that could redefine Bitcoin’s market position this month. Bitcoin, …
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TRON (TRX), a prominent cryptocurrency in the digital asset market, is showing signs of moving towards a phase of potentially lower volatility following recent price fluctuations. The cryptocurrency experienced a 20% correction, shifting the dynamics of trader activity and market sentiment. The Relative Strength Index (RSI), a crucial tool for evaluating whether an asset is …
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Polygon (MATIC), a well-known cryptocurrency, has recently seen a notable decline in its price over the past 48 hours, ending a two-week downward trend. This price drop has brought MATIC under $0.900 for the first time since mid-February, presenting what appears to be a golden opportunity for investors to accumulate the digital asset. The current …
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The crypto world is buzzing with a new trend in Real World Assets (RWA)-themed altcoins, and Santiment, a prominent cryptocurrency analysis company, has just revealed which of these altcoins are capturing the most developer attention lately. The analysis is based on the amount of development activity these projects are seeing, providing insights into where the …
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Ethena Labs has made a notable entry into the cryptocurrency world with the launch of its governance token, $ENA, alongside the expansion of its USDe stablecoin. This launch has quickly captured the attention of the crypto community, including commendations from notable figures like Arthur Hayes, former CEO of BitMEX. However, Ethena’s journey to this point …
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The cryptocurrency market is witnessing significant activity with a series of large-scale transactions involving Solana (SOL), attracting attention from investors and market analysts. Solana’s price, which briefly soared above $200, experienced a downturn last week, falling below $190. This shift in market dynamics has prompted notable actions by Solana whales – investors holding large amounts …
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Binance, the world’s leading cryptocurrency exchange by trading volume, is tapping into the creative minds of developers to craft the next big memecoin on its BNB Chain. The exchange has announced the BNB Chain Meme Innovation Battle, offering an enticing prize pool that could reach up to $1 million, marking a significant push to encourage …
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