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The crypto market witnessed a significant downturn, erasing over $850 million due to liquidations. This event followed the Federal Reserve’s announcement of a 25 basis point reduction in its benchmark policy rate. Although the markets anticipated a modest rate cut, Federal Reserve Chair Jerome Powell’s indications of a conservative approach to future rate adjustments in
Dogwifhat (WIF) price reached its highest levels since March 2024 earlier this month, reflecting an astonishing 1386% gain for the year. However, WIF has faced a correction, declining roughly 11% in the last 24 hours as bearish signals intensify. Momentum indicators like the Ichimoku Cloud and ADX show strong bearish trends, with sellers firmly in
While most forecasts agree that a Donald Trump victory would favor the crypto market more than a Kamala Harris win, the impact on the meme coin sector remains a topic of debate. A professor from Columbia Business School suggests that meme coins could face a downturn if Trump wins the election. How Will The Election
Tether CEO Paolo Ardoino recently disclosed that the company holds a significant amount of Bitcoin and gold as reserve assets for its USDT stablecoin. This revelation comes as Tether is also advancing work on an AI software development kit (SDK). Tether’s USDT Bitcoin and Gold Reserves On October 26, UQUID CEO Tran Hung revealed details
GOAT price has been riding a strong uptrend, recently reaching a new all-time high. This rapid ascent, however, might face turbulence, as the coin saw a sharp 24% dip, raising concerns about a potential drawdown. The recent price drop has investors questioning whether the bullish momentum can be sustained or if a deeper decline lies
From ages 9 to 11, Edan Yago smuggled gold, hidden in his clothes by his mother, out of South Africa. The apartheid government had instituted capital controls to stabilize the rand amid international sanctions. The authorities were hunting some of his family members whom it had designated as “terrorists.” 01:01 Bitcoin Breaks $64K While Gold
Goatseus Maximus (GOAT), the AI-based meme coin trending recently, has hit a new all-time high after Binance announced that it would list the cryptocurrency. Following this development, the GOAT meme coin price climbed to $0.88. This development has sparked speculation in the market, with some suggesting that the market cap could surpass $1 billion. Will
Coinbase International added perpetual futures trading for Turbo, a popular AI meme coin. These contracts initially launched in halt mode, but full functionality swiftly followed. Next week, the exchange will introduce similar contracts for ApeCoin, a utility and governance token within the APE ecosystem. Coinbase’s Perpetual Future Offerings Coinbase International added perpetual futures trading on
Toncoin’s price has struggled to gain upward momentum in recent weeks, repeatedly failing to breach the critical resistance at $5.37 throughout the month. This persistent inability to surpass this barrier has created bearish pressure on the cryptocurrency, leading to a loss of traction among investors. As a result, Toncoin’s recent price action has been characterized