Is XRP on the Brink of a 50,000% Rally? Signs Point to Yes, Says Top Analyst

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

US Bitcoin ETFs Garner $2.4B In Q2 Inflows

The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in three years – has “calmed market concerns and reinforced expectations of impending Fed rate cuts at the September 17-18 Federal Open Market Committee (FOMC). Per the report, this has been viewed as positive news for…

FTM secures top gainer spot with 8% jump, but market signals caution ahead

Fantom, a scalable blockchain platform for DeFi, surged by 8% on the morning of Aug. 16, making it the top performer in the crypto market. At the time of writing, Fantom (FTM) was still up 8%, exchanging hands at $0.393 per price data from crypto.news. The crypto asset’s daily trading volume jumped by 84%, hovering around $274 million, while its market cap stood at $1.1 billion, ranking it 70th among the top largest cryptocurrencies. FTM 24-hour price chart– Aug. 16 | Source: crypto.news The token’s price has jumped by 42%…

Clay County Intensifies Efforts Against Cryptocurrency Scams

The Clay County Prosecutor’s Office, located in Liberty, Missouri, is intensifying efforts to combat the rise in cryptocurrency-related scams. Recognizing the growing threat posed by scams related to cryptocurrencies like bitcoin and ethereum, the office is organizing a specialized training program for local law enforcement agencies. This initiative aims to equip detectives and officers with […] Source

Bybit secures VASP license, becomes card operator in Argentina

Crypto exchange Bybit has been awarded a crypto services license by the Argentine General Inspectorate of Justice. Crypto trading platform Bybit says it has been awarded a virtual-asset services provider license by Argentina‘s General Inspectorate of Justice just a few weeks after entering the market with its Mastercard debit card offering. In an Aug. 15 press release, the crypto exchange that in addition to the VASP license, it has also become a card operator in Argentina to boost its services in the local market. Bybit chief executive Ben Zhou says…

Ethereum Price Could Plunge To $1,200 In December, Says Expert

Ethereum (ETH) price has struggled amid another market shakeout. The second-largest cryptocurrency by market capitalization fell below the $2,600 support zone for the third time in the past week, prompting crypto analysts to evaluate the next levels to watch out. Related Reading ETH’s Key Support Zone To Watch Out The crypto market has seen several retraces throughout the cycle, with cryptocurrencies like Ethereum significantly decreasing from its Q3 opening. Since July 1, the “king of altcoins” has seen a 24% drop from the $3,400 support level. Following its fall below…

Can Solana Replicate Ethereum’s Run To Reach $1,000? Expert Answers

A crypto market expert has expressed bullish optimism for Solana (SOL), predicting that the cryptocurrency is currently on track to replicate Ethereum’s historical rise to new highs. As a result, the expert foresees SOL hitting new all-time highs of $1,000 this bullish cycle.  Solana Sets Sights On $1,000 On August 12, a crypto analyst identified as ‘Kaleo’ on X (formerly Twitter) shared his optimistic expectations for Solana’s future outlook during this bull market. Kaleo observes that the Solana’s price chart was currently replicating a pattern previously seen in Ethereum in…

Binance Goes Live in India: Full Access for Indian Users

Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have full access to Binance’s platform. Binance Now Fully Available for Indian Users Crypto exchange […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Cardano Sees Massive 150% Volume Surge, Yet ADA Price Stalls With 4% Decline

The crypto market has witnessed a substantial surge in the Cardano trading volume over the last 24 hours. Yet, the blockchain’s native token, ADA, has failed to deliver a proportional price increase.  Bullish Cardano Volume Data According to data from the information platform CoinGlass, Cardano, currently the 11th largest cryptocurrency by market capitalization, has experienced a 150% surge in trading volume in the 24 hours, amounting to approximately $477 million. Related Reading CoinGecko’s data also corroborates this trend, revealing a substantial 67% increase in Cardano’s trading volume compared to the…