Social media mentions of Federal Reserve-related keywords and the anticipated interest rate cut have reached an 11-month high, according to Santiment. The surge in social media chatter around the highly anticipated US Federal Reserve September interest rate decision could be a warning sign for crypto, says sentiment platform Santiment. It comes after the crypto market…
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High-leverage trader James Wynn is back in the spotlight with a 25x Ether long showing strong gains, while his parallel Dogecoin bet is struggling in the red. James Wynn, a crypto trader known for his high-leverage crypto bets, has entered a massive leveraged position on Ether , opening a 25x long as ETH pushes to fresh…
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Coinbase CEO Brian Armstrong is the latest crypto figure to predict a $1 million Bitcoin, but an analyst warns investors to stay grounded. While Coinbase CEO Brian Armstrong has become the latest crypto executive to predict Bitcoin to reach $1 million by 2030, one crypto analyst warns investors should not get ahead of themselves after…
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Biotech and BNB treasury firm Windtree Therapeutics fell 77% on Wednesday after informing the SEC that it would be delisted from the Nasdaq stock exchange. Windtree Therapeutics, a biotech company that established a BNB treasury strategy last month, fell 77% on Wednesday after the Nasdaq informed the firm it would be delisted from the stock…
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Bitcoin sentiment shifted from fear to neutral as crypto markets rebounded from their correction, but a Friday Fed speech could create more volatility. Crypto market sentiment has returned to neutral as markets showed signs of recovery on Thursday following a brief dip into the “fear” zone when Bitcoin fell to $112,000 a day earlier. However,…
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Withdrawals and trading for Monero (XMR) on the Kraken exchange remain open, and deposits will resume once it is safe, the exchange said. Crypto exchange Kraken has temporarily paused Monero deposits due to the ongoing 51% attack against the privacy-focused blockchain, which has compromised the security of the network. A 51% attack occurs when one mining pool…
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US Treasury Secretary Scott Bessent clarified that the department was exploring budget-neutral ways to buy Bitcoin, contradicting an earlier comment that tanked the market. US Treasury Secretary Scott Bessent clarified that his department was still exploring budget-neutral ways to buy Bitcoin for the Strategic Bitcoin Reserve, in contrast with a recent comment suggesting it was…
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A crypto trader said Bitcoin is at a “key resistance,” similar to the level where it topped in 2021, but other traders argued historical charts can’t be applied to this cycle. Bitcoin’s price chart is starting to mimic the pattern it displayed when it reached the previous cycle’s all-time high of $69,000 in November 2021,…
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Bitcoin dominance has fallen to a six-month low while altcoin market cap jumped 50% since July, setting the stage for a potential September altseason, said Coinbase. Altcoins have seen significant growth recently, and current crypto market conditions suggest there could soon be a shift towards cryptocurrencies outside of Bitcoin, according to Coinbase. “We think current…
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Coinbase has revived its fund to boost USDC liquidity in DeFi, starting with supporting the stablecoin on Aave, Morpho, Kamino, and Jupiter. Coinbase is relaunching its Stablecoin Bootstrap Fund first introduced in 2019 to boost the liquidity of the stablecoin USDC in a range of popular and emerging decentralized finance protocols. Coinbase said on Tuesday its first…
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