Cryptocurrencies Updates

Crypto Market Edges Higher as Fed Hike Bets Fade

Major cryptocurrencies are exhibiting a mixed performance on Tuesday morning, leading to a slight increase in the overall crypto market capitalisation above the flatline. An easing in bond yields, the dollar’s retreat, a reduced likelihood of an October rate hike by the Fed, along with positive catalysts on the regulatory front, contributed to an improvement … Read more

Crypto markets rise as Fed rate hike bets fade

Sentiment in the cryptocurrency market remains optimistic as the likelihood of a rate hike by the Federal Reserve in October continues to diminish. Anxiety surrounding the forthcoming release of the Federal Open Markets Committee minutes on Wednesday, however, constrained the potential for upward movement. Overall crypto market capitalisation has seen an increase of over one … Read more

Crypto Currency Live Updates

Crypto Enters October With Strong Institutional Demand

Crypto commenced October following a robust performance in the third quarter, despite experiencing some volatility in the latter weeks of September. Bitcoin experienced an increase of approximately 7% in September, while Ethereum saw a rise of around 7% as well. Solana exhibited superior performance compared to Bitcoin, as numerous large-cap altcoins experienced gains amidst Bitcoin’s … Read more

Cryptocurrency News

The September Crypto Hacking Total Hit $766 Million

PeckShield reported 55 significant cryptocurrency hacks in September, resulting in total losses amounting to $766.49 million. That figure represents an increase of approximately 462% compared to August’s $136.3 million, with two incidents responsible for nearly the entirety of this rise. The Bitget incident, amounting to approximately $387 million, and the Liquid Network theft, totalling around … Read more

Crypto Currency Live Updates

Crypto Market Rises as Weak U.S. Jobs Data Cuts Fed Rate-Hike Bets

A weaker-than-expected jobs data report from the U.S. significantly diminished rate hike expectations from the Federal Reserve in the October FOMC, enhancing sentiment toward cryptocurrencies. Overall cryptocurrency market capitalisation has increased by 2.1 percent overnight, reaching $2.93 trillion. Bitcoin reached a peak of $87,146 within a 24-hour period. Data released by the U.S. Bureau of … Read more

Crypto Currency Updates

Ethereum Eyes Breakout as Whale Buying and ETF Inflows Surge

The second-largest cryptocurrency experienced an increase of nearly 9% in September, marking a significant accomplishment considering that this month has traditionally been one of its least favourable periods. Currently, numerous analysts and market observers believe that Ethereum is poised for a significant breakout, bolstered by recent whale activity and robust institutional demand that underpin the … Read more

Crypto Currency Live Updates

XRP Starts October After Strong September but Faces Seasonal Risks

Ripple’s native token concluded September on a positive note, continuing its upward trajectory that commenced with a modest rise in July. All attention is currently focused on October across multiple dimensions. The question is: can XRP continue its run, or will the last two October editions take their toll? Recall that August marked the cross-border … Read more

Crypto Currency Live Updates

Bitcoin Takes a Hit as Yields Climb

Amidst renewed geopolitical tensions in the Middle East and a surge in crude oil prices, bond yields and the U.S. dollar that followed, cryptocurrencies have entered negative territory. Overall cryptocurrency market capitalisation has decreased by 1.4 percent overnight, now standing at $2.86 trillion, while Bitcoin has experienced overnight losses of 1.6 percent. Tensions escalated in … Read more

Cryptocurrency News

XRP and Solana ETFs Set Fresh Inflow Records as Demand Accelerates

For the financial vehicles tracking both assets, especially SOL, Friday was a particularly fantastic day. The spot exchange-traded funds tracking the performance of Ripple’s cross-border token began the week with a subdued pace but experienced significant growth by the week’s conclusion, achieving a new cumulative all-time high. Simultaneously, the products associated with Solana’s SOL have … Read more

Cryptocurrency News

XRP Enters Q4 After Strong Rally but Faces October Headwinds

The cryptocurrency market is entering the fourth quarter (Q4) amid expectations of a traditional rally known as “Uptober. Investors are anticipating an immediate surge across all major crypto assets; however, Ripple’s “North Star,” XRP, seems poised to chart its own course. The primary driver of the market was a robust conclusion to the third quarter. … Read more

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