SUI nears a crucial resistance level as intuitional momentum continues to grow and the network scores major partnerships. Some analysts suggest that the altcoin could see a breakout to new highs if the current levels hold. Related Reading SUI $4 Retest In Sight On Thursday, SUI surged 4.2% from its daily opening to reclaim the…
MoneyGram is launching its own entry into the digital custody space with an app designed to hold both traditional fiat currencies and stablecoins. A trial run is scheduled in Colombia before MoneyGram expands to other markets. It’s a carefully planned decision, as most remittances in Colombia come from abroad, usually in USD. The underlying blockchain…
Hyperliquid’s native token, HYPE, extended its rally on Thursday, jumping over 8% to trade near $58.77. The move comes after rebounding from its earlier record of $57.40 and places the token just shy of the crucial $60 psychological barrier. Related Reading Driving this surge is the successful integration of USDC and Circle’s Cross-Chain Transfer Protocol…
Ethereum ($ETH) is under the spotlight after Fundstrat’s Tom Lee reiterated his bullish stance, stating that $ETH could reach $5.5K by mid-October. He further added that both Bitcoin and Ethereum could make a ‘monster move’ in the next three months. Lee explained that the driver for this price rise will be the Federal Reserve’s expected…
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The US Federal Reserve cut the key interest rate by 0.25 points, with the change coming into effect at 2 PM ET. U.S. Federal Reserve Chair Jerome Powell gave a press conference on the same day, hinting the cut is a risk management move. He went on to say that ‘[…] a quarter point won’t…
As the overall market continues to move sideways, Bitcoin (BTC) is attempting to reclaim its local range highs as support. After short-term volatility, fueled by the Federal Reserve’s (Fed) rate cut, the cryptocurrency could be poised to close the month on a positive note. Related Reading Bitcoin Nears Multi-Month Bullish Run On Wednesday, Bitcoin retested…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Pi Coin is struggling to register any bullish momentum, and all indicators suggest this might continue into the foreseeable future. Since its launch, the Pi Network price has crashed by about 88%, which has left many early supporters and holders worried about its future. Recent market data shows that the decline can be attributed to…
Tether, the company behind the widely used stablecoin $USDT, is taking its next major step in the U.S. market. And despite its expansion plans, the company has made one thing clear: it will remain a private enterprise. Navigating New Regulations The GENIUS Act clarified the US stablecoin landscape, and Tether is wasting no time in…