Crypto News

Breaking News: Bitcoin (BTC) Surges Past $61,000 as Altcoins Rally What a wild ride it has been in the world of cryptocurrency! Bitcoin (BTC) has once again captured the attention of the financial markets as it soared above $61,000 during the Asia session on Wednesday. Traders are eagerly awaiting the Federal Reserve’s decision on interest…

WazirX Hack Update: Enhancing User Security The recent developments at WazirX In light of the recent exploitation attack on the platform, Nischal Shetty led Indian crypto exchange, WazirX, has taken significant steps to bolster user security. The company revealed a critical update today, announcing that it will be withdrawing its remaining assets from a crypto…

The Impact of Inflation Rate on Crypto Market Positive Development in Consumer Price Index Report The latest Consumer Price Index (CPI) report has revealed a 2.9% inflation rate, which is significantly better than market expectations. This unexpected positive development has brought hopes for potential interest rate cuts, leading to a bullish sentiment in the crypto…

Clever Collaboration: Chiliz Partners with KAYEN Protocol An Unconventional Partnership Chiliz, the leading blockchain platform dedicated to sports, has announced a groundbreaking partnership with KAYEN Protocol, a community-driven DeFi ecosystem. This collaboration aims at integrating advanced decentralized finance (DeFi) features into the Chiliz ecosystem, enhancing user engagement and expanding the functionalities of the sports blockchain…

Goldman Sachs Makes Big Moves in Bitcoin ETFs A New Era for Digital Assets Global investment bank Goldman Sachs (NYSE:GS) recently made waves in the world of finance by revealing significant investments in Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). In its latest 13F filing, the report disclosed that Goldman Sachs now holds positions in seven…

Delightful Dive into Crypto Markets Diving into Data Since the August 5 local bottom, multiple data points suggest accumulation from institutions and whales. Over the past week alone, the crypto market capitalization has shot up from close to $2.0 trillion to $2.2 trillion, indicating a strong comeback from Bitcoin (BTC) and altcoins. Riding the Waves…

Get Ready for a Bitcoin Boom: $2.5 Billion in Stablecoin Inflows Expected to Boost Price! An influx of $2.5 billion in stablecoins is anticipated to potentially drive a significant surge in the Bitcoin price, as detailed in a new report by Markus Thielen, a market researcher at 10x Research. Bitcoin Price Boost Is Incoming In…

Unleashing the Potential: Stablecoin Boom May Spark Bitcoin’s Next Big Rise, According to Research TL;DR Stablecoin Surge Last week, Tether and Circle, two of the biggest names in the stablecoin industry, issued over $2.8 billion in stablecoins. This sudden surge in stablecoin issuance has caught the attention of many investors and analysts, with some speculating…