Indian Rupee weakens on Monday despite the weaker USD. Strong inflows into Indian equities might support the INR in near term; geopolitical risks might cap the local currency’s upside. US Q1 GDP, US April PCE and Indian Q4 GDP growth … [Continue reading]
AUD/USD gathers strength above 0.6630 on weaker US Dollar
AUD/USD kicks off the new week on a positive note around 0.6632 on Monday. The US Durable Goods Orders came in better than expected; the UoM Consumer Sentiment Index was above the consensus. The hawkish stance of the RBA might support … [Continue reading]
Arbitrum community opens vote for 200 million ARB Gaming Catalyst Plan proposal
Arbitrum community has opened a snapshot vote for Gaming Catalyst Plan proposal, to allocate 200 million ARB. The Arbitrum Foundation will create legal entities to support the Gaming Catalyst Program and Fund. ARB price sustains 17.60% … [Continue reading]
ONDO extends gains by 4% with rise in non-empty wallets, hits new all-time high
Ondo extended gains by 75% increase in the past 11 days, per crypto intelligence tracker Santiment. The token ranks among top trending assets on the platform, with a massive spike in non-empty wallets. ONDO added 4% value to its price on … [Continue reading]
Aptos user transactions hit record high, APT eyes over 20% gains
Aptos user transactions hit 97.488 million on Friday, May 24, hitting a new milestone for APT. User transactions per second reached 27,000, another record for the public blockchain. APT price sustained nearly 6% gains in one week, on … [Continue reading]
US Presidential candidate Donald Trump is open minded to cryptocurrency, supports right to self custody
US Presidential candidate Donald Trump embraces crypto, says he is open-minded towards crypto companies. Trump says that US must be the leader in the field and there is no second place, in his post on Truth Social. Trump says he will … [Continue reading]
Vitalik Buterin proposes the first block on Taiko mainnet, appreciates Ethereum-equivalent rollup
Ethereum cofounder Vitalik Buterin proposed the first block on Taiko mainnet. Buterin appreciated the Layer 2’s rollup based approach to scale Ethereum. Taiko recently announced the eligibility for its TKO token airdrop. Vitalik … [Continue reading]
New whale wallets are buying these five altcoins on Ethereum: ENS, UNI, AAVE, LDO, LINK
Wallets that recently entered the whale category are buying ENS, UNI, AAVE, LDO and LINK tokens on Friday. Data from on-chain crypto intelligence trackers notes the activity of large wallet investors in Ethereum-based altcoins. Crypto … [Continue reading]
Uniswap to conduct on-chain voting on May 31 despite SEC Wells notice, UNI could extend gains over 20%
Uniswap plans to conduct on-chain voting to automate fee collection and distribution on May 31. The DeFi project is pushing forward despite the SEC Wells Notice received in April 2024. UNI could extend gains and rally 20%, erasing losses … [Continue reading]
Starknet rallies despite millions in STRK exchange deposits, waning social dominance
Starknet sustained nearly 10% weekly gains and added 4% to its value on Saturday. STRK gains held steady despite Three Arrows Capital liquidators $2.63 million deposit to Binance. Teneo, the liquidator, holds 130 million STRK tokens; it … [Continue reading]