Bitcoin briefly slipped below $29K last Monday for the first time since Jun 21 before rising modestly later in the week on Wednesday after the US monetary policy decision announcement. The Fed delivered a widely-expected 25 basis points increase to the benchmark rate after the conclusion of the Federal Open Market Committee (FOMC) meeting. The […]
Category: STO News
BALD token records astounding 40,000% upside after launch on Base
The meme token recorded astounding gains in 24 hours, reaching a market cap of $70 million. BALD, the newly-launched meme coin that went live on Base, a layer-2 chain created by Coinbase on Ethereum, skyrocketed within hours of its launch to jump to a market cap of $70 million. While the current price of Bald […]
Optimism bulls unfazed as network unlocks 24 million OP
Optimism (OP) price surged more than 7% on Sunday to reach intraday highs of $1.61. the Ethereum layer-2 protocol unlocked 24 million OP tokens worth $38 million into circulation on July 30. OP price could flip to $1.89 if bulls remain in control in the short term. Optimism (OP) price surged more than 7% on […]
ETH/USD price forecast as July comes to an end
Ethereum is consolidating around the yearly highs $2,000 proves to be stiff resistance ETH/USD price action holds between a $1,000 range since May 2022 There is only one trading day left in July, and the cryptocurrency market is consolidating. That is particularly true of major cryptocurrencies such as Bitcoin or Ethereum, as they both hover […]
3 economic events to move the cryptocurrency market next week
Key US economic data is due this week An increase in the US dollar’s volatility should move the cryptocurrency market too The NFP report is the highlight of the week The final week of July is ahead of us, and cryptocurrency traders might want to consider what happens with the US dollar. After all, Bitcoin’s […]
NatWest, Moneta Markets, Barclays and More: Executive Moves of the Week
With only a few days left in July, we notice a slight surge in the number of new executives being recruited in the forex, crypto and fintech industries. Let’s review the executives that have taken on new roles and challenges in our executive moves roundup of the week. Executive Moves of the Week NatWest’s CEO, […]
Hester Peirce criticizes SEC’s warning to accounting firms working with crypto
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief Accountant at SEC, cautioned that crypto platforms are likely to misrepresent non-audit work as full audit. SEC Commissioner Hester Peirce has criticized a recent statement by the US Securities and Exchange Commission (SEC) directed towards […]
Casper (CSPR) price prediction: Still up to bulls?
Casper price is down 2% in the past 24 hours, action that mirrors broader market sentiment. CSPR rose to $0.063 in April. The technical picture signals continued strength despite the latest dip. CSPR, the native governance token of Casper Network, is down 2% in the past 24 hours and up roughly 1.5% in the past […]
ADA/USD price forecast following the Fed’s July interest rate decision
Fed’s July decision did not impact the cryptocurrency market Despite rallying in 2023, ADA/USD dipped below the 2022 lows A double bottom pattern might be in place, and a move above $0.55 would confirm the reversal pattern Three central banks announced their interest rate decisions this week, and the Federal Reserve was one of them. […]
Shiba Inu whales accumulated a staggering 1 trillion SHIB in 8 weeks
Shiba Inu wallet addresses with 10 million to 100 billion added 1.11 trillion SHIB since June 4. The increased whale activity comes amid bullish sentiment for Shiba Inu ahead of its Shibarium launch. SHIB price was slightly higher on Saturday, trading around $0.00000830. Shiba Inu is among altcoins to see a significant surge in their […]
