ETF expert Nate Geraci shares statistics on the number of crypto millionaires in recent tweet on X. Crypto millionaires doubled in 2024, hitting 172,300 per data from Barron’s. Bitcoin millionaires have more than doubled this year per Crypto … [Continue reading]
Solana hovers around $140 as Solana Breakpoint 2024 nears in September
Solana Breakpoint, a conference that brings the SOL community together to discuss the latest developments in Web3 is lined up for September. The 2024 event will take place in Singapore, between September 20 and 21. Solana trades at … [Continue reading]
Ripple CTO slams SEC for saying NFTs are securities, says US regulator is contradicting itself
Ripple executive Stuart Alderoty criticized the Securities & Exchange Commission for Wells Notice sent to NFT platform OpenSea. Alderoty shared a 1976 letter where the regulator ruled that art galleries don’t need to register with the … [Continue reading]
AI tokens suffer heavy losses even as Coinbase, Amazon announce major developments in Artificial Intelligence
Amazon’s virtual assistant program due for release in October will be powered by Anthropic’s Clause AI model. Coinbase CEO witnessed the first AI to AI crypto transaction, the exchange offers free USDC transactions on Base for AI agents. … [Continue reading]
China NBS Non-Manufacturing PMI above forecasts (50) in August: Actual (50.3)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China NBS Manufacturing PMI registered at 49.1, below expectations (49.5) in August
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Altcoins set for $2 billion cliff unlocks in September, IMX and TAIKO lead next week’s unlocks
The crypto market will witness another round of heavy unlocks in September worth $2 billion. The market will also witness a supply hike of over $82 million worth of tokens next week. IMX and TAIKO lead next week's unlocks with ENA and DYDX to … [Continue reading]
Ethereum tops crypto projects with high developer activity, key trendline suggests decline to $2000
Ethereum is the most actively developed crypto project, per Santiment data. Centralization of ETH within a few wallets not bearish but signals high staking activity. Ethereum crossed below a key trendline that suggests its price could decline toward … [Continue reading]
US Dollar extends recovery ahead of the weekend
US inflation, as measured by the PCE Price Index, remained unchanged at 2.5% YoY in July. The USD is gaining due to the strength of its economy while inflation is coming down The labor market is still the focus for September's decision On Friday, … [Continue reading]
US Dollar Weekly Forecast: The king is alive
The US Dollar Index (DXY) bounced off 13-month lows. Fed officials aligned behind the idea of a September interest-rate cut. Markets’ attention should rotate towards data and NFP. The US Dollar (USD) finally saw a bit of light at the end of the … [Continue reading]