PEPE, one of the top meme coins in the crypto space, is currently at a crucial point as it approaches its long-standing bullish trend line. As the price draws near the bullish trend line, a break below it could signal…
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Morgan Stanley to Offer Bitcoin ETFs to Wealth Clients: CNBC
In a significant move among major Wall Street banks, Morgan Stanley will soon allow its financial advisors to offer Bitcoin ETFs to certain clients, CNBC reports. Starting Wednesday, the firm’s 15,000 advisors can pitch BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise…
Congressman Wiley Nickel On Reforming The Democrats’ Bitcoin Strategy
On the main stage of Bitcoin 2024, Rep. Wiley Nickel (D-NC) shared that he’s working to have the Democrats shift to a more pro-Bitcoin and pro-crypto stance. He told the audience at the event that he’d recently written a letter…
$175 Trillion Debt Crisis: The Impending Financial Tsunami
The US is heading towards a $175 trillion debt crisis. The dollar is steadily losing its significance in the global economy. The Western world is on the brink of an unprecedented debt crisis, as warned by American investor Balaji Srinivasan…
Shifts in U.S. Presidential Odds Reshape Cryptocurrency Market Sentiments
Kamala Harris’s odds of winning the U.S. presidential election have reached a record high of 45% on the decentralized forecasting market Polymarket, altering perceptions in the cryptocurrency markets. Donald Trump’s chances have fallen to 54%, impacting investor strategies and potentially…
Study: Surge in Popularity of Liquid Restaking Token Protocols Driven by Growing User Trust
The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $164.3 million in January to $13.812 billion by June 20, underscoring the growing trust in them. As was the case in January, Ether.fi remains…
Ghana Launches Centralized Online Foreign Exchange Trading Platform
The Bank of Ghana has recently launched a centralized online foreign exchange trading platform. This platform aims to enhance secure and efficient operations in the foreign exchange market. As of August 1, 2024, all licensed Foreign Exchange Bureaux are mandated…
XRP Price Slides 10% Amid Rising On-Chain Activity And Whale Transactions; Key Supports In Focus
The XRP price has seen significant volatility on Thursday, mirroring the broader market downturn. After a strong performance in July, which saw XRP outperform even Bitcoin with a gain of over 35%, the token has now dropped nearly 10% in…
XRP Price Breaks Out Of 6-Year Triangle, But Is A Rally To $1 Possible?
The XRP price has been experiencing notable movements since the last week of July, closely linked to updates about a potential settlement between the SEC and Ripple. This anticipation has significantly influenced XRP’s market performance, causing a remarkable surge in…
Michael Saylor’s MicroStrategy Bought 169 Bitcoin For $11.4 Million In July
MicroStrategy Incorporated (Nasdaq: MSTR) reported its financial results for Q2 2024, revealing an increase in its Bitcoin holdings. The company acquired 12,222 bitcoins since the beginning of the quarter, at an average price of $65,882 per bitcoin, bringing its total…