From Bitcoin to altcoins, our Crypto Currency Economic News keeps you informed on the latest developments and economic impacts in the crypto world.
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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In the dynamic world of cryptocurrency, a well-regarded analyst has recently shared his bullish outlook for three digital assets, capturing the attention of the crypto community. The pseudonymous analyst Bluntz, known for his timely altcoin predictions, has communicated to his substantial following of 252,000 on the social media platform X, his positive stance on Solana …
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In the dynamic world of cryptocurrency, Shiba Inu (SHIB) has caught the attention of prominent market watcher Xanrox, who foresees a potential 300% surge in the asset’s value later this year. As Shiba Inu starts recovering its recent losses, this optimistic prediction offers a glimmer of hope to investors and enthusiasts of the canine-themed token. …
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Litecoin (LTC), a prominent alternative cryptocurrency, has recently witnessed a significant surge, marking its position as one of the top performers in the cryptocurrency market. After trading at lows around $78 on March 20, Litecoin experienced a dramatic upswing, breaking past the $100 barrier to achieve its highest level since early July 2023. On Friday, …
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BNB, a notable cryptocurrency in the digital market, has witnessed a remarkable surge of 12% in value over the week leading up to March 29, reaching an almost two-week high of $620. This increase has brought it closer in valuation to its main competitor, Ether, which experienced a 5% gain during the same period. However, …
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In a landmark case underscoring the volatility of the cryptocurrency market, Sam Bankman-Fried, the once-celebrated founder of the now-defunct FTX cryptocurrency exchange, has been sentenced to 25 years in prison. The sentence was handed down by US District Judge Lewis Kaplan in a Manhattan court on Thursday, following Bankman-Fried’s conviction on seven counts of fraud …
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In the ever-evolving world of cryptocurrency, a new trend has emerged with US spot Bitcoin Exchange-Traded Funds (ETFs) experiencing a dramatic surge in demand. This Tuesday marked a pivotal moment as the demand for these ETFs outstripped the daily new supply of Bitcoin created by miners by a staggering 614%. This data, revealed by Gayatri …
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Coinbase, a leading crypto exchange, is set to undergo significant infrastructure upgrades following a series of unscheduled outages, as announced by CEO Brian Armstrong. In a recent interview with Bloomberg TV, Armstrong revealed the company’s plans to invest heavily in its trading infrastructure to combat the increasing number of service interruptions experienced in recent weeks. …
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In a stunning display of resilience and growth, Toncoin (TON) has surged past its cryptocurrency peers amid a broader market downturn, suggesting a potential ascent into the top 10 tokens. The cryptocurrency has seen a meteoric rise in its value, captivating the crypto community and hinting at a significant shift in the digital currency landscape. …
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The anticipated approval of Ethereum Exchange-Traded Funds (ETFs) may see further delays, but industry experts suggest this could be a strategic move for better market integration. With the recent success of Bitcoin spot ETFs in the U.S. market, gathering $12 billion in net inflows since January, the focus has now shifted to Ethereum’s potential financial …
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