Key takeaways ETH is trading above $4,300, up by less than 1% in the last 24 hours. Investors will focus on Powell’s speech at Jackson Hole later today. Ether remains resilient despite bearish market conditions The cryptocurrency market has been volatile since the start of the week, and more volatility is expected over the next few hours. Traders are bracing for potential volatility ahead of Federal Reserve (Fed) Chair Jerome Powell’s speech at the Jackson Hole Symposium. Bitcoin continues to […]
Key takeaways The crypto market has turned bearish again after a temporary relief on Wednesday. HBAR is down 1% but could rally higher amid a bullish outlook. SWIFT launches live blockchain trials featuring Hedera HBAR, the native coin of the Hedera blockchain, is down 1.2% in the last 24 hours despite positive development within the ecosystem. At press time, HBAR is trading at $0.235, but could rally higher in the near term. The negative performance comes despite the global payments […]
A top DOJ official says writing code “without ill intent is not a crime.” The promise comes after the conviction of the Tornado Cash developer. The DOJ vows not to use indictments as a lawmaking tool for crypto. Standing before an anxious audience of cryptocurrency innovators in Wyoming, a senior official from the US Department of Justice delivered the precise message they were desperate to hear: the government’s perceived war on software developers is over. In a landmark speech, he […]
Injective (INJ) price outlook as Republic expands RWA integration with Injective. The INJ token trades around $13.38 after dipping from highs of $16 amid crypto sell-off. ETF anticipation, tokenization growth and other catalysts may help INJ bulls. Injective price hovers around $13.38 on Thursday evening, about 3% down in the past 24 hours and over 12% down in the past week, but could Injective’s integration with Republic help INJ price bounce to $20? Over the past week, Injective has dipped […]
Its treasury has surpassed $780M, comprising $713M in Toncoin and cash worth $67M. The milestone comes after a $558M private placement completed early this month. Verb aims to accumulate 5% of Toncoin’s circulating supply. Institutional players dominate market trends with dib-buying activities after the current broad market decline. NASDAQ-listed Verb Technology, which will soon rebrand to Ton Strategy Company, has revealed a key milestone that aligns its vision with the Telegram-based blockchain. The livestreaming firm has disclosed that its treasury […]
Key takeaways BNB surged by over 4% in the last 24 hours to hit a new all-time high of $882. Binance’s native coin could rally to the $1k psychological level in the medium term. Binance’s BNB hits a new all-time high The cryptocurrency market performed positively on Wednesday following two days of steady decline. Bitcoin bounced back to trade above $114k after dropping to the $111k level earlier this week. Ether, the leading altcoin by market cap, defended its price […]
Major altcoins like Ether and Solana are strongly outperforming Bitcoin. BNB, the token of BNB Chain, surged 6% to a new all-time high of 875. Bitcoin’s market dominance is on the verge of hitting a new six-month low. In a stunning display of defiance, a powerful cohort of major altcoins staged a dramatic comeback on Wednesday, completely eclipsing Bitcoin and brushing off a wave of risk-aversion that sent traditional stock markets lower. The move signals a potential changing of the […]
Bitwise projects Bitcoin to deliver 28% annual returns over the next decade. Institutions now view Bitcoin like equities and bonds for portfolio allocation. Spot ETFs and corporate treasuries fuel Bitcoin’s growing long-term adoption. Bitwise Asset Management expects bitcoin to deliver the strongest returns of any major asset class over the next ten years, projecting a compound annual growth rate of 28% with gradually declining volatility. The forecast was shared in a new memo previewing the firm’s forthcoming Bitcoin Long-Term Capital […]
SkyBridge will tokenize $300M of hedge funds on the AVAX blockchain. The move positions Avalanche as a leading platform for RWAs. AVAX charts suggest a potential 45% price jump if broader sentiments improve. While cryptocurrencies retreated from their recent peaks, Anthony Scaramucci’s alternative investment company, SkyBridge Capital, supercharged Avalanche’s (AVAX) fundamentals. According to the latest press release, SkyBridge plans to tokenize hedge funds worth $300 million on the Avalanche network. Under this initiative, SkyBridge’s Legion Strategies Ltd. and Digital Macro […]
SoFi will enable instant cross-border transfers using Bitcoin and UMA. Transfers will convert USD to Bitcoin via Lightning, then to local currency. The service will first launch in Mexico with lower fees than traditional remittances. SoFi Bank is preparing to shake up the global remittance industry by introducing a blockchain-powered international money transfer service. The US digital bank has partnered with Lightspark, a Bitcoin infrastructure company founded by former PayPal president David Marcus, to bring faster and cheaper cross-border payments […]