Cryptocurrencies Updates

Crypto Market Falls as Clarity Act Vote and Fed Decision Loom

Cryptocurrencies are experiencing a significant downturn on Tuesday morning as market participants anxiously await the Senate’s vote on the Clarity Act, set for Tuesday afternoon. The Fed’s impending decision on interest rates scheduled for Wednesday afternoon has also incited risk aversion within the cryptocurrency market. Among the top 10 non-stablecoin cryptocurrencies, only one is experiencing … Read more

Crypto Currencies Live

Trump Backs Crypto Ethics Rules Ahead of Key Senate Vote

President Donald Trump had been receiving clear signals for weeks regarding the comprehensive cryptocurrency legislation being drafted in the Senate: to ensure its passage, he would need to consent to ethics provisions that would also pertain to him. Initially, Trump consented to a provision that would prohibit him and his spouse from creating the kinds … Read more

Crypto Currency Live Updates

XRP Faces Volatility Ahead of Key CLARITY Act Vote

XRP investors prepare for a potentially turbulent 48-hour window as the US Senate is set to conduct a closure vote regarding the motion to advance the CLARITY Act. While the impending vote on the Digital Asset Market Clarity Act does not represent a final passage, it remains crucial for the wider crypto market, as senators … Read more

Crypto Currency Live Updates

Crypto Market Rises as Oil Prices Ease Fed Rate Hike Concerns

With the Federal Reserve’s monetary policy decision approaching in less than a week, the updates to inflation for August have induced volatility in global market sentiment. As markets processed the unforeseen increase in monthly core inflation, expectations for a rate hike from the Fed have surged significantly. Cryptocurrencies, despite their inherent volatility, are maintaining a … Read more

Crypto Currency Live Updates

Crypto Market Falls as Inflation and Rate Hike Fears Intensify

Cryptocurrencies experienced a significant decline over the past 24 hours, responding to the European Central Bank’s rate hike, the increase in produce price inflation in the U.S., the rise in crude oil prices, and the notable uptick in bond yields, especially in the U.S. Bitcoin has experienced a decline of over 2 percent in the … Read more

Crypto Currency Live Updates

Crypto Market Rises as Bitcoin Nears $80K Amid Fed Rate Risks

Sentiment in the cryptocurrency market remains robust as global markets respond to the increase in crude oil prices and its potential influence on the Federal Reserve’s upcoming monetary policy decision. Bitcoin has experienced an increase of nearly one percent over the last 24 hours. Amidst ongoing conflicts in the Middle East and the interruption of … Read more

Cryptocurrencies Updates

Crypto Market Mixed as Oil Rises and Fed Hike Bets Persist

Cryptocurrencies are exhibiting a mixed performance on Tuesday morning as markets process the heightened geopolitical tensions in the Middle East, the increase in crude oil prices, and the strong expectations surrounding a Federal Reserve rate hike in the upcoming FOMC meeting. The dollar’s weakness constrained the extent of the losses. Brent crude oil futures for … Read more

Cryptocurrency News

Liquid Network Hack Drains $320 Million in Bitcoin

A blockchain utilised by multiple cryptocurrency exchanges for Bitcoin transactions has been compromised, resulting in a loss of $320 million. This incident marks the latest in a series of breaches that have undermined confidence in the security of digital assets. Approximately 4,000 of the 4,200 Bitcoin contained in a wallet associated with the Liquid Network … Read more

Crypto Currency Live Updates

XRP Consolidates Below Key Resistance After August Breakout

Ripple’s XRP continues to experience a corrective phase following its significant breakout in August, as buyers face challenges in re-establishing dominance over the crucial overhead supply zone. The current structure indicates that the market may require additional consolidation prior to the emergence of another sustained directional movement. On the daily timeframe, XRP’s significant rally from … Read more

Crypto Currency Live Updates

XRP Bulls Target $60 After Massive Ascending Triangle Forms

XRP has been the focus of significant price forecasts historically, yet this particular prediction stands out. Despite being rejected at $1.70 a few weeks prior following a significant surge in mid-August, Ripple’s cross-border token has nonetheless increased by 40% from its multi-year lows recorded less than a month ago. This has led many analysts to … Read more

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