As the crypto market is experiencing a bullish reversal with its total market cap surging by 3.17% to $2.74 trillion, the Solana price is gearing up for a potential rebound. As traders and investors are looking to capitalize on the token’s volatility, analysts unveil key price levels to watch in short term. Notably, analysts like … Read more
Bitcoin surged past $87,000 during early Asia hours on April 21, clawing back losses from earlier in the month, according to the latest market update from QCP Capital. Bitcoin’s Correlation with Gold and Equities Under Scrutiny, QCP Observes The sharp reversal, dubbed an “Easter resurrection” by QCP Capital, contrasted with December’s muted Santa Rally and … Read more
The sell-off in the USD and US assets generally has resumed. President Trump’s comment last week on the future of Fed chairman Powell, when he remarked that the Fed Chair’s ‘termination’ could not come fast enough, was followed up Friday by a remark from the Chair of the White Council of Economic Advisors, Kevin Hassett, … Read more
In an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that short-run inflation expectations are up and added that it’s very important for long-run inflation expectations not to rise. Key takeaways “Fed needs to look to where things will be through the year, tariffs are one input.” “Productivity … Read more
What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed digital currencies dates back to the early days of cryptocurrency, with developers aiming to create a reliable store of value. Each gold-backed stablecoin represents a … Read more
On April 21st, a significant update from COINOTAG highlighted recent leadership adjustments within the Ethereum Foundation, as articulated by co-executive director Tomasz Stańczak. This restructuring is strategically designed to allow Vitalik Buterin, Ethereum’s co-founder, to devote greater attention to research and innovative exploration, moving away from routine operational tasks and crisis management. Stańczak elaborated that … Read more
Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses. According to an April 21 Wall Street Journal report citing people familiar with the matter, Circle, BitGo and other firms are considering applying for some form of banking license. Other firms cited include the publicly … Read more
The recent death of Pope Francis has propelled the meme coin inspired by the Vatican’s mascot, LUCE, above 130%. Not only that, more meme coins inspired by the Pope has also popped up on the market. According to data from meme coin tracking platform GMGN.Ai, the Solana (SOL)-based meme coin called LUCE has gone up … Read more
Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, has added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000. Strategy acquired 6,556 Bitcoin for $555.8 million in the period from April 14–20, at an average price of $84,785 per coin, the firm announced in its latest … Read more
Over the weekend, the VOXEL price upended traditional crypto logic for a reason shadier than buying something on Canal St at 3 am. This gaming token, quietly associated with Voxie Tactics on Polygon, lit the charts with a 70% spike in 24 hours. Its value had jumped 200% at its zenith, with trading volume overtaking … Read more