Tag: Crypto

While Bitcoin (BTC) continues to trade near its all-time highs (ATHs), trading volume on major exchanges has sharply declined in recent months. This downturn has raised concerns about the sustainability of the current rally. Bitcoin Trading Volume On Exchanges Slumps In a recent CryptoQuant Quicktake post, contributor caueconomy highlighted...

As XRP eyes a potential ETF-fueled breakout, a rising project called Pepeto is winning attention with real utility, zero-fee trading, and early investor buzz. #sponsored...

A key indicator is flashing red for shiba inu (SHIB) as the recent price drop to two-month lows has shaken out leveraged bullish bets. The indicator in consideration is the long-short ratio derived from the perpetual futures market. It measures the number of active longs or bullish bets relative...

The Federal Reserve’s (Fed) Open Market Committee, comprising 12 officials, is scheduled to announce its decision on interest rates at 18:00 UTC on Wednesday, followed by Chairman Jerome Powell’s press conference half an hour later. The CME Group’s FedWatch tool indicates that the central bank is again likely to...

Dogecoin tumbled as much as 7.5% in 24 hours, sliding from $0.176 to $0.164 as markets continue to react to rising geopolitical conflict in the Middle East and hawkish central bank policy. News Background Tensions between Israel and Iran escalated over the weekend, prompting a swift risk-off reaction in...

PricewaterhouseCoopers (PwC) has just released its Digital Euro Cost Study, which estimates the costs involved in introducing a digital euro at €18B, most of which will be borne by local retail banks. Commissioned by several European banking associations (EACB, EBF, ESBG), the findings reiterate what Bitcoin maximalists have been...

The US Senate has passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 68 to 30 vote on June 17. The landmark bill sets the first federal regulations for dollar-pegged stablecoins in America and has been lauded by the crypto industry. “The GENIUS Act...

Thailand’s finance ministry has unveiled a plan to drop capital gains tax on cryptocurrencies for five years. Starting Jan. 1, 2025, and running through Dec. 31, 2029, people selling coins like bitcoin through licensed Thai platforms won’t pay tax on those profits. The move comes as Bangkok tries to pull more...

A Nasdaq-listed biotech company is betting big on crypto with a $50 million move into Hyperliquid’s HYPE token. According to a June 17 press release from Eyenovia, Inc., a U.S.-based ophthalmic technology firm, the company has secured $50 million in…...

In a historic vote, the U.S. Senate has passed the GENIUS Act, a bipartisan bill aimed at establishing federal rules for stablecoins. According to a CNN report, on June 17, the bill cleared the Senate with strong bipartisan support in…...