Bitcoin’s rally attempt fails as it retreats to below 112,000 dollars. Gold continues its quiet but powerful climb, nearing its all-time high. In August, gold is up nearly 4 percent while Bitcoin has fallen over 5 percent. A hopeful rally in the cryptocurrency market was decisively crushed on Thursday, as steady selling pressure throughout the US trading session sent prices into a familiar retreat. The failed bounce underscores a growing sense of fatigue in the digital asset space and throws […]
The US Department of Commerce has published GDB on blockchain for the first time. It has selected Pyth Network as the oracle platform to verify and distribute economic data. PYTH saw a sharp price increase after the news. The United States continues to establish itself as the international hub for blockchain and cryptocurrency undertakings. In a groundbreaking move, the US Department of Commerce confirmed today that it will start publishing GDP (gross domestic product) data on blockchain, starting with last […]
Bitcoin’s volatility halves in 2025, attracting cautious institutional investors. Corporate treasuries now hold over 6% of Bitcoin’s circulating supply. JPMorgan values Bitcoin $16K below gold parity, implying $126K potential. JPMorgan Chase is making waves with their latest take on Bitcoin as the investment bank identified that it’s way undervalued compared to gold. What caught their attention? Bitcoin’s volatility has absolutely plummeted this year. We’re talking about a drop from around 60% earlier in 2024 down to just 30% now, which […]
Pi Network releases Linux Node, expanding support beyond Windows and macOS. Protocol v23 brings on-chain KYC and prepares for smart contracts. Over 14.8M users verified, boosting adoption and mainnet readiness. The native token of Pi Network, Pi Coin, has recorded its sharpest gain in weeks after months of bearish pressure. At press time, PI was trading at $0.3534, up 3.2% in the past 24 hours. The rally comes after Pi Network announced a major infrastructure upgrade and the release of […]
The price of Treehouse (TREE) surged to $0.5943 before retracing to around $0.4294. Today’s price surge is due to TREE’s listing on Upbit, which fueled a sharp volume spike. Key levels to watch include support at $0.3953, and resistances at $0.4842 and $0.6000. Treehouse (TREE) stunned traders today after soaring to an intraday high of $0.5943 before pulling back to around $0.4294. The explosive move, fueled by a listing on Upbit crypto exchange, has thrust TREE into the spotlight. The […]
Ethereum trades above $4,600 as bulls target a breakout to $5,000 A surge in Ethereum ETF net inflows and broader crypto bounce give buyers an edge. Tom Lee has predicted the ETH price surging to $5,500 and possibly $10,000 in 2025. Ethereum price hovers at around $4,595, slightly down in the past 24 hours but above a key support level as bulls eye a potential breakout to $5,000. The outlook for ETH is thus largely bullish as renowned investor Cathie […]
Hyperliquid price jumped to a new all-time high above $51. The token broke higher as HYPE bulls held above a major ascending trendline. While price is down 4% from the ATH and hovers near 48, analysts predict further gains. Hyperliquid (HYPE) stood out among top cryptocurrency performers this week as the native token of the high-performance layer-1 blockchain rose to a new all-time high above $51. But can bulls hold prices above a key trendline and enter price discovery? Hyperliquid […]
The Launchpad bought PUMP worth $10.6M last week. fun has spent more than $58M to repurchase the native token. The program has reduced the PUMP circulating supply by 4.26%. The Solana-based meme trading and creation platform is once again in the spotlight, this time with its significant buyback program. Pump.fun has announced that it used $10,657,503 to buy PUMP between August 20 and 26. over the past week, pump fun purchased $10,657,503 in $PUMP tokens, which equates to 99.32% of […]
Key takeaways Bitcoin climbed above $112k briefly on Wednesday after adding over 1% to its value. Traders are optimistic that BTC will reclaim the $117k resistance level soon. BTC tops $111k as market sentiments improve The cryptocurrency market had a rough start to the week, with BTC dropping below the $110k level on Monday. However, the sentiments have improved, with Bitcoin briefly climbing above $112k on Wednesday. At press time, BTC is trading at $111,907 and could rally higher soon […]
China’s stablecoin push is a defensive move against US dollar dominance. The US GENIUS Act is the key trigger for Beijing’s recent policy shift. The experiment will be limited to offshore markets like Hong Kong. A seismic shift is underway in Beijing. The Chinese government, long a staunch opponent of private cryptocurrencies, is now being forced to reluctantly enter the stablecoin arena. But this is not a newfound love for digital assets; it is a calculated and defensive masterstroke in […]