According to a report by Bloomberg, JPMorgan Chase analysts, including Nikolaos Panigirtzoglou, recently released a research note suggesting that the cryptocurrency market is likely to stabilize in the near term. The report attributes this outlook to a decline in open interest in CME Bitcoin futures contracts, which usually signals a […]

Pepe ($PEPE), a token inspired by the infamous meme and cartoon character Pepe the Frog, was introduced to the market on 17 April 2023. The $PEPE community has been rocked by a massive internal betrayal. Approximately 16 trillion $PEPE tokens, valued at around $15 million USD, were allegedly stolen and […]

Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden.  On Aug. 25, in an effort to catch crypto users avoiding taxes, the Internal Revenue Services (IRS) proposed brokers follow new rules for selling and trading digital assets. Brokers […]

The value of PEPE, one of the most promising assets in the second quarter of 2023, has been faltering in recent weeks. According to CoinGecko data, the meme coin has been in a 33.6% price decline in the last 14 days. The PEPE price took a significant hit in the […]

A federal judge will hear Sam Bankman-Fried’s defense argument against a newly released batch of evidence provided by the U.S. Department of Justice (DoJ) on Aug. 25. According to Bankman-Fried’s attorneys, an additional 4 million pages of discovery were released less than six weeks before his trial, scheduled for October […]

Magnate Finance, a DeFi lending protocol on the Ethereum layer-2 network Base, is reported to have conducted a rug pull, robbing its users of $6.4 million worth of assets. This event represents the latest troubling incident on the Base network in merely a month of its official mainnet launch. 3 […]

Solana (SOL) has captured the attention of investors and analysts as its price charts form a distinctive falling wedge pattern. This technical formation, often seen as a potential trend reversal indicator, has stirred discussions about the future trajectory of SOL’s value. A falling wedge pattern is a common chart pattern […]

A massive 30,000 BTC was transferred into unknown wallets over the past week, leading many investors to wonder about the current outlook concerning Bitcoin. When big money moves into cold storage, it reduces selling pressure because it often indicates that whales and institutional investors are expecting the price to go […]

The ongoing bearish sentiment in the crypto market has led to a 60% decline in XRP’s open interest (OI) since its peak in July when it was valued at $1.19 billion. Unexpectedly, this drop was noted right after the XRP’s gains following Ripple Labs’ court victory against the SEC in […]

Arthur Hayes, the Co-Founder and former CEO of BitMEX, recently penned a comprehensive blog post examining the Federal Reserve’s monetary policy and its implications for the cryptocurrency market. Hayes scrutinizes the Fed’s dual control over both the quantity and price of money, arguing that this approach is counterproductive and politically […]