The crypto market turned sharply lower on Tuesday after Federal Reserve Chair Jerome Powell said another interest rate cut in December is “far from certain.” His comments dampened investor optimism that the Fed would continue easing monetary policy to support slowing growth. Powell Ends Quantitative Tightening, Hints At No Rate Cut in December Speaking after […]
Pi Network’s native cryptocurrency, Pi Coin, is getting major attention with a continued rally upwards, extending its weekly gains to more than 30%. This bullish action comes following the latest reports that the network has joined the ISO 20022 group, along with Ripple and Stellar. As a result, the bulls are once again attempting a […]
Coinbase Prime has entered a partnership with Figment Inc. in a bid to bring institutional staking into Solana (SOL), Cardano (ADA), and Sui (SUI), among others. Coinbase Prime Enters Billion-Dollar Partnership With Figma In a recent press release, Figment, which oversees more than $18 billion in staked assets, confirmed its collaboration with Coinbase Prime, the […]
Zcash price tumbled over 10% in the last 24 hours after a more than 500% parabolic rally in a month. This comes amid profit booking by whales and traders as ZEC privacy coin entered the distribution phase after a splendid rally supported by various catalysts. Why Zcash Price Falling 10% Today? Zcash price defied recent […]
In a fresh development, a newly registered claim domain has led to speculations that the Metamask airdrop could begin soon. This comes after the launch of the rewards point system initiative. Metamask Rolls Out Token Claim Page, Signaling Airdrop Imminent Reports have been circulating about the potential launch of the wallet’s airdrop after users discovered […]
Institutional investors’ interest in altcoins has almost completely wiped out due to the delay in the U.S. SEC’s decision on multiple exchange-traded funds due to the prolonged U.S. government shutdown. A crypto funds flow report revealed massive outflow from altcoins, including Solana, Cardano, Litecoin, and Sui. Institutions Lose Interest in Solana, Cardano, Litecoin, Sui Flows […]
In a landmark ruling, the Madras High Court in India has declared that XRP and other cryptocurrencies as property under Indian law. The judgment was given by Justice N. Anand Venkatesh. He also pointed out that cryptocurrencies are recognizable, movable, and manageable solely with the help of privatized keys that makes them a unique type […]
Kyrgyzstan has made a significant move in the adoption of digital finance. It has now included Binance Coin (BNB) on its list of National Cryptocurrency Reserves. This was announced by Binance founder Changpeng Zhao (CZ) who disclosed a number of other crypto milestones in the country. Kyrgyzstan Launches CBDC and Stablecoin on BNB Chain According […]
Polymarket has surpassed $20 billion in total trading volume and has confirmed plans to launch its native POLY token. The team also confirmed plans to airdrop tokens for its investor base. Polymarket Confirms POLY Token Launch and Airdrop Matthew Modabber, Polymarket’s Chief Marketing Officer, revealed during a podcast appearance that the team is preparing to […]
Institutional momentum in XRP is accelerating as the first U.S. spot XRP ETF ($XRPR) reached a new milestone. In addition, CME Group has expanded XRP derivatives with new options following strong demand for its futures product. REX–Osprey XRP ETF Reaches A New Milestone With $100 million in assets under management (AUM), the REX-Osprey XRP ETF […]