The Bitcoin and crypto markets are deep in the red today. Even though the US Federal Reserve announced the hoped-for interest rate pause yesterday, the release of the updated dot plot was a nasty surprise for the financial markets. The Fed revealed in its updated dot plot that it sees […]

Shiba Inu (SHIB) enthusiasts and investors find themselves at a crucial juncture as they seek to protect the coin from sinking below the lows witnessed in 2021 and the overall range lows.  The cryptocurrency experienced a significant drop earlier this week, plunging to $0.00000543, even breaching the 2021 lows of […]

There were indications of significant activity involving the sale of millions of dollars’ worth of tether (USDT) stablecoins on popular Uniswap and Curve pools on Thursday morning, which caught the attention of traders. The balance of USDT on Curve’s well-known 3pool, consisting of USDT, USDC, and DAI stablecoins, increased to […]

In just 22 years, generative AI may be able to fully automate half of all work activity conducted today, including tasks related to decision-making, management, and interfacing with stakeholders, according to a new report from McKinsey & Co. The prediction came from the management consulting firm report on June 14, […]

Ethereum price is showing bearish signs below $1,700 against the US Dollar. ETH could continue to move down below the $1,600 level. Ethereum is down 5% and there was a move below the $1,720 support. The price is trading below $1,700 and the 100-hourly Simple Moving Average. The bears struggle […]

Binance, the world’s leading cryptocurrency exchange, has surprised the industry by announcing its voluntary deregistration as a Crypto Asset Service Provider in Cyprus. This decision comes at a time when the exchange is facing escalating legal challenges, particularly from regulatory authorities in the United States. Cyprus: A Promising Market Left […]

Bitcoin price started a fresh decline below the $25,500 support. BTC is now at a risk of more losses toward the $24,000 support zone. Bitcoin is gaining bearish momentum below the $25,500 support. The price is trading below $25,500 and the 100 hourly Simple moving average. There was a break […]

The number sixth ranked cryptocurrency by market cap, XRP, is showing signs of a strengthening bullish trend according to a technical indicator designed to measure the underlying power behind price movements.  Historically, when a particular signal appears on the monthly timeframe, a breakout occurs and sends the coin soaring higher.  […]

Arbitrum, a popular blockchain platform, has shown promising results after its airdrop in March 2023. According to a report by Nansen, a blockchain analytics platform, every activity metric on Arbitrum has gone up compared to pre-airdrop days.  Arbitrum’s Airdrop Bucks Trend The report notes that since the airdrop, the daily […]

B&S Holdings, formerly known as Aventus, a consignment operator, has been alleged by South Korean yield platform Haru Invest of submitting fraudulent management reports containing “false information” and deceiving the company and its users. In a blog post, Haru Invest shared that it was planning to pursue legal action on […]