Falling inflation benefits risk assets, including crypto, as it would give the Fed confidence to begin lowering interest rates this year.
The dynamic landscape of the crypto industry is currently witnessing attempts by political figures to sway its direction. Recently, progressive Democrat Ro Khanna has been actively engaging with key stakeholders in the crypto space. Notable figures, including billionaire Mark Cuban, are expected to attend an upcoming round table meeting aimed at discussing the future of
Bitcoin could soon see a dramatic upward price swing according to the head of research at cryptocurrency brokerage FalconX, David Lawant, based on the current discount on the Coinbase Bitcoin premium and its historical significance. In a post shared on the microblogging platform X (formerly known as Twitter), Lawant noted that the last time the
The recent surge in new addresses for PEPE, FET, and ENS may signal bullish trends for these altcoins. Increased network growth typically indicates heightened interest and potential adoption. On-chain analytics reveal that these cryptocurrencies are experiencing notable user influxes, suggesting attractive investment opportunities. An analysis of recent on-chain data indicates significant network growth for PEPE,
While Donald Trump makes every possible effort to sway the crypto players in his Presidential Campaign speeches, progressive Democrat Ro Khanna seeks to prevent the Trump takeover of the $2 trillion crypto industry. Ro Khanna Reaches Out to Crypto Industry Heavyweights As reported by Fox Business journalist Eleanor Terret, Ro Khanna is currently reaching out The post Democrat Ro Khanna Seeks to Prevent the Trump Takeover of $2 Trillion Crypto Industry appeared first on CoinGape .
The cryptocurrency market has been highly volatile recently, with notable movements in various digital assets. Among the many developments, ChainLink [LINK] has garnered significant attention due to unusual on-chain activities. 54 newly created wallets have collectively withdrawn 2.08 million LINK tokens valued at $30.28 million within just a week. Discover the reasons behind the substantial
**Bitmex Launches New Memecoin Basket Index to Track Top 10 Memecoins** In a move that is certain to capture the attention of cryptocurrency enthusiasts worldwide, BitMEX has unveiled a pioneering memecoin basket index. Aptly named the Memecoin Index (#MEME), this innovative product is designed to track the performance of the top 10 memecoins in the
Japan continues to push the envelope in Web 3.0 and cryptocurrency regulation. Unlike the fragmented regulatory landscape elsewhere, Japan ensures a collaborative approach with stakeholders. Recently, Japan’s regulatory clarity has paved the way for new developments like the introduction of stablecoins by licensed entities only. Japan sets a precedent in integrating cutting-edge Web 3.0 technologies
On-chain data shows PEPE and FET are among altcoins that have seen a sharp growth in their addresses recently, a sign that may be bullish. PEPE, FET, & ENS Have Enjoyed Sharp Network Growth Recently According to data from the on-chain analytics firm Santiment, three altcoins have seen a sudden spike in their Network Growth.
Nearly 54 newly created wallets withdrew 2.08 million LINK tokens worth $30.28M, per Lookonchain.