PENGU has delivered an almost 500% rally since late June, but technicals now hint at a potential shift in momentum, suggesting the uptrend may be losing steam. Pudgy Penguins (PENGU) price has experienced parabolic rally since reversing from a bearish…...

The Indonesian government plans to raise taxes on cryptocurrency transactions, effective immediately starting from August 1. The new law will apply to overseas exchanges, domestic exchanges and more. According to a recent Reuters report, a new finance ministry regulation is…...

The crypto market is flashing mixed signals, leaving investors wondering what are the best crypto to buy right now. While the global market cap dropped to $3.87 trillion and major altcoins like XRP (-0.50%), Solana (-2.4%), and BNB (-3.61%) slipped into the red, some assets are showing surprising strength....

The U.S. Securities and Exchange Commission has approved in-kind redemptions for spot Bitcoin and Ethereum exchange-traded products. This means ETF issuers and authorized participants can now deliver or receive actual Bitcoin or Ether when creating or redeeming shares. Until now, they had to use cash. This rule change brings...

PayPal is getting ready to launch a new feature called Pay With Crypto, and it’s coming to U.S. merchants in the next few weeks. Businesses will be able to accept over 100 cryptocurrencies, including Bitcoin, Ethereum, USDT, and Solana. Once a customer pays, the crypto is automatically converted into...

Sen. Cynthia Lummis (R-Wyo.) proposed a bill on Tuesday that seeks to incorporate cryptocurrencies into the mortgage eligibility process. What Happened: The proposed legislation, dubbed the 21st Century Mortgage Act, requires government-sponsored enterprises to consider digital assets, such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), for single-family home loans. If passed,...

ARK Invest increased its investment in ether treasury company BitMine Immersion Technologies for a second straight day, buying $15.3 million worth of the shares on Tuesday. Cathie Wood’s investment management firm added 477,498 BMNR shares across its Innovation (ARKK), Next Generations Internet (ARKW) and Fintech Innovation (ARKF) exchange-traded funds...

Fidelity National Information Services Inc. (NYSE:FIS) has teamed up with Circle Internet Group Inc. (NYSE:CRCL) to facilitate the use of stablecoins by financial institutions. What Happened: The partnership between FIS and Circle will allow U.S. financial institutions to conduct transactions using the USDC stablecoin. This initiative follows the approval...

We finally made it. It was only a matter of time before something like this happened, and I hope that eventually other people realize just how valuable this is. Crypto shows no signs of slowing down, Bitcoin is on a direct path to replacing paper currency and many other...

TL;DR TD Sequential flashes buy signal as RSI forms divergence, hinting at trend reversal for PENGU. The meme coin’s price holds trendline support near the channel bottom, setting up for a possible breakout. Over 563,000 holders and rising demand indicate vigorous network activity despite the recent price pullback. Technical...