Crypto prediction market Polymarket hit a key milestone with $300 million monthly volume. The new all-time high in crypto betting history comes at a time of peak interest in US Presidential elections. Polymarket was a use case featured in … [Continue reading]
Ripple update: What to expect from XRP and Ripple lawsuit this week
Ripple active addresses doubled over the weekend, signaling a rise in activity among traders, per Santiment data. XRP traders have consistently taken profits in the altcoin in the last two weeks, increasing selling pressure on the altcoin. XRP … [Continue reading]
Bitcoin inches closer to $70,000 as Donald Trump says SEC Chair Gary Gensler will be fired
Donald Trump spoke at the 2024 Bitcoin conference early on July 27, promising that on day one he will fire SEC Chair Gensler. US government will be the crypto capital of the world, keeping 100% of the BTC it owns. Trump affirms the … [Continue reading]
Analyst predicts altcoin breakout above $800 billion market capitalization
Crypto analyst Michaël van de Poppe believes altcoin market capitalization could breakout above $800 billion soon. The analyst notes that the recent correction in cryptocurrencies resulted in a drawdown in prices of assets, erasing 4% market … [Continue reading]
Ronin ecosystem beats Solana in daily active addresses, leaves Base and TON behind
Ronin is second to Tron in terms of daily active addresses. TON and Base noted a large percentage increase in their daily active addresses since the beginning of 2024. RON price climbed 1% and Solana gained 3% in value on Saturday. … [Continue reading]
Bitcoin extends gains as Donald Trump prepares to address BTC traders at Nashville conference
Bitcoin extends gains early on Saturday rallies to $68,295 ahead of Donald Trump’s speech. Trump is lined up to address crypto traders at the Nashville Bitcoin Conference on July 27. Bitcoin could rally to its target of $72,000, extending … [Continue reading]
Ethereum ETFs have new demand as outflows probably from hedge funds, notes analyst
Ethereum ETFs' volume and inflows have been healthy despite ETHE heavy outflows, says Bloomberg analyst Eric Balchunas. Ethereum ETFs' inflows are not from ETHE outflows, says analyst. Ethereum options expiry may trigger weekend volatility, but … [Continue reading]
Crypto market set for $189 million token unlocks next week, here’s what to expect
OP, SUI, ZETA, and DYDX among tokens set for $189 million worth of unlocks. AGIX will see $4.6 million unlock as the ASI merger continues. These tokens are up in the past 24 hours but may see quick retracements following next week's unlocks. … [Continue reading]
Gold rises amid soft US Dollar as traders eye next week Fed meeting
Gold price bounces from daily lows of $2,356, now at $2,385. Fed's preferred inflation gauge shows mixed results, edging closer to the 2% target. US Treasury yields slump as bonds rally, signaling potential for multiple Fed rate cuts this year. Gold … [Continue reading]
Ethereum ETFs seeing new demand despite outflows from Grayscale ETHE
Ethereum ETFs' volume and inflows have been healthy despite ETHE heavy outflows, says Bloomberg analyst Eric Balchunas. Ethereum ETFs' inflows are not from ETHE outflows, says analyst. Ethereum options expiry may trigger weekend volatility, but … [Continue reading]