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Following the surge prompted by institutional interest in crypto currencies, Bitcoin [BTC] has been exhibiting limited movement within a tight trading range of $28,000-$31,000. This consolidation could be attributed to various factors. The primary reason is the growing interest in altcoins. Ripple’s partial legal victory sparked heightened interest in altcoins, causing BTC to take a backseat in the market. Consequently, this has led to a notable decrease in the volatility of the leading crypto . According to data from 99Bitcoins, the 30-day estimate for Bitcoin has dropped to only 0.74%. This is the lowest realized reading for Bitcoin since Jan. 16, when it was at 71%. Source Furthermore, Greeks Live, the crypto derivatives analytics firm, has noted that the volatility index for both BTC and Ether has hit a multi-year low of 37%. The DVOL [Deribit Implied Volatility Index] algorithm has also observed that the current implied volatility level is at the lowest in the history o...

In recent months, the cryptocurrency world has seen a multitude of new assets entering the scene. Today, Worldcoin’s WLD token joined the ranks of these assets. Notably, this project is backed by Sam Altman, the CEO of ChatGPT. Shortly after its launch, WLD experienced an impressive surge of 69%. According to the latest data, WLD started from a low of $1.66 and surged significantly to reach a high of $3.30. However, at press time, the asset experienced a minor correction and was being traded at $2.83. The 24-hour trading volume for WLD amounted to $186,948,763. Source The substantial increase in value was likely prompted by the Worldcoin project’s expansive listing announcement. The listing was supported by exchanges like Huobi, Bybit, and OKX. 🚨 #Huobi new listings alert! Huobi will list @ Worldcoin & open trading for the $WLD | USDT trading pair. 🔹Deposits Opened 🔹Trading Now Live Trade here — Huobi (@HuobiGlobal) July 24, 2...

Investor behavior and market trends in the crypto industry can be better understood by analyzing on -chain data. Recent data suggests that retail investors are accumulating coins like Bitcoin and Ethereum while also exploring upcoming projects like InQubeta. In this article, we will delve into the features of InQubeta, why investors can consider adding it to their portfolio, and why examining the InQubeta presale can present an opportunity. The presale has already raised over $1,600,000. Unveiling InQubeta While Bitcoin and Ethereum continue to dominate the crypto market, InQubeta‘s features and growth potential should be considered.  This article discusses four reasons InQubeta is essential to any investor’s portfolio. You might also like: InQubeta draws investors, Axie Infinity struggling for traction on App Store AI industry focus InQubeta focuses on the artificial intelligence (AI) industry, leading some investors to consider it a potential i...

Todd Horwitz criticizes the US fiat currency system, calling it fraudulent. Horwitz supports Bitcoin inclusion in a basket of assets to back the US dollar. He sees Bitcoin price reaching $35,000 and then $40,000 over six months. In a recent interview with Todd Horwitz, Chief Market Strategist at BubbaTrading.com, the discussion shifted to the potential role of Bitcoin (BTC) as both a currency and commodity for backing the US dollar as political candidates advocate for a return to hard asset-backed currency. The interviewer Highlighted a fascinating trend among US 2024 presidential candidates, with Democratic candidate Robert Kennedy Jr. advocating backing the US dollar with hard assets like gold, silver, platinum, and even Bitcoin. Kennedy believed this move could stabilize the economy, curb inflation, and usher in a new American financial stability and prosperity era.  When asked about his thoughts on this trend, Todd Horwitz criticized the current f...

Ran Neuner warns that investors have under eight weeks to buy their favorite altcoins. The Crypto Banter host notes that Bitcoin is trading in an area of interest to watch out for. According to Neuner, Bitcoin must surpass significant levels for a bull run to begin. Crypto analyst Ran Neuner warns that investors have under eight weeks to buy their favorite altcoins. According to Neuner, Bitcoin is trading in an area of interest to watch out for, where he expects the price to pull back before bouncing off horizontal support. An extensive Analysis of the overall crypto market accompanied Neuner’s altcoin market prediction. The Crypto Banter YouTube channel host observed Bitcoin is in a consolidative movement and may continue in a sideways direction for a few more weeks. Bitcoin must surpass significant levels for a bull run to begin, according to Neuner. The closest of such is the $32,000 Bitcoin price mark. He notes that despite the overbought senti...

Following the arrival of the Federal Reserve’s new instant payment service, JP Morgan , Wells Fargo , and other major banks are using the FedNow system. The service officially went live today, with a total of 35 banks and credit unions adopting the system to this point.  The service will provide financial institutions with an instant payment process that is immensely helpful. Moreover, some of the largest banks on the planet are already listed among early adopters. Nevertheless, the list is expected to grow, as the Federal Reserve encourages more banks to sign up.  JUST IN: JPMorgan, Wells Fargo, BNY Mellon & other major banks to use Federal Reserve's 'FedNow' instant payment system. — Watcher.Guru (@WatcherGuru) July 20, 2023 Also Read: FedNow Will Take On BRICS as Global Currency War Intensifies JP Morgan, Wells Fargo, BNY Mellon, Lead Early FedNow Users The arrival of the Federal Reserve’s brand new FedNow system could be a game chang...

Terraform Labs has appointed Chris Amani as its new CEO as Do Kwon serves jail time in Montenegro. Amani previously served as the Chief Operating Officer and Chief Financial Officer of Terraform Labs. The new CEO revealed that he has a vision to salvage the defunct crypto firm under his leadership. Terraform Labs, the crypto firm whose implosion triggered the crypto winter last year, has appointed a new Chief Executive Officer to take charge of the defunct firm’s operations. Chris Amani has been tapped to serve as the CEO while co-founder and former CEO Do Kwon serves a 4-month sentence in a Montenegrin prison. According to a report by the Wall Street Journal, Chris Amani was promoted from his previous dual role of Chief Financial Officer and Chief Operating Officer. Amani reportedly took over as the CEO of Terraform Labs after Do Kwon disappeared last year but stepped down from the role following Kwon’s arrest in Montenegro earlier this year in March. In...

Crypto influencer Simon Dixon is encouraging people to look forward to the next chapter of the Celsius Network. Dixon hopes that the arrest of founder Alex Mashinsky will lead to a better outcome for Celsius. Celsius Network’s native token CEL has gained more than 12% since Mashinsky’s arrest last week. Crypto influencer Simon Dixon, who has gained popularity among the Celsius community on Twitter, believes that the arrest of founder and former CEO Alex Mashinsky will be a net positive for the Celsius Network. Dixon has encouraged the victims and stranded users of the bankrupt crypto lender to look forward to the next chapter. Dixon’s comments came less than a week after Alex Mashinsky’s arrest in New York. During a recent Twitter spaces session, the crypto influencer discussed the recent developments in Celsius’ restructuring efforts and laid out what could be expected in the weeks to come. He believes that Mashinsky’s arrest brought the Celsius community cl...

Join Our Telegram channel to stay up to date on breaking news coverage New meme token Evil Pepe Coin launched its presale today, July 18th at evilpepecoin.com, priced at $0.000333. $EVILPEPE, inspired by 2023’s best-performing meme coin Pepe ($PEPE), has set a hard cap of $1,996,002 for the token sale. No private sale was conducted. What Is Evil Pepe? Evil Pepe Coin is rumored to be linked to the team behind Sponge ($SPONGE) which was one of the most trending cryptocurrencies on DEXTools earlier this year. As a member of the broader Pepe meme coin family, which now includes the likes of Pepe 2.0, it also piggybacks off of one of 2023’s best-performing meme coin genres. Pepe token rose by millions of percent since its Uniswap launch, topping out at a market cap of almost $2 billion on May 6 shortly after its Binance listing was announced. Pepe 2.0 was then marketed as a second chance for those who missed the initial Pepe pump – a fter launching at around $...

The community is excited as LTC’s highly anticipated halving is 16 days away. Importantly, the halving will reduce mining rewards from 12.5 LTC to 6.25 LTC. LTC hits a historic 170 million transactions, with 10 million coming in, in just seven weeks. With less than 16 days to go, the crypto community eagerly anticipates the Litecoin (LTC) halving. The halving is a significant event that would reduce Litecoin’s mining rewards from 12.5 LTC to 6.25 LTC. This is viewed by the LTC community and proof-of-work (PoW) proponents as a positive development that would control supply and increase the token’s value. The halving scheduled for August 2 will be the third in Litecoin’s history, with the first two happening in 2015 and 2019. As expected, the halving has generated a lot of buzz and excitement. Data from on-chain analytics firm IntoTheBlock also showed that search trends for Litecoin hit a new yearly peak. According to IntoTheBlock, the upcoming halving...

Veteran crypto analyst accuses Binance of deceptive layoffs and benefit cuts. Internal email reveals sudden cut of extended benefits during Bitcoin rally, raising suspicions. Cochran questions where Binance’s $10B-$12B revenue was being allocated. In another viral Twitter thread, Adam Cochran, a veteran crypto analyst, accused Binance of deceptive practices related to their recent layoffs and sudden cut of extended benefits. Cochran’s thread questioned the company’s motives, which Binance claimed were not solely based on cost-cutting measures. 1/10 Hey @cz_binance if your layoffs weren't about cost cutting, why on June 19th did you announce on WEA that you suddenly cut extended benefits for all employees, & *tell them* it was because of "a decline in profit"? Not exactly trust building to lie about this… pic.twitter.com/2MvP1ZPKEG — Adam Cochran (adamscochran.eth) (@adamscochran) July 16, 2023 According to Cochra...

The U.S. sanctions against Russia are failing as Putin seeks help from BRICS and GCC nations to fuel its economy. The Biden administration pressed sanctions on Russia for invading its neighboring country Ukraine in February 2022. Despite the sanctions, Russia is conducting business with other developing countries by paying with the Chinese Yuan. The Eastern nations are buying Russian oil at discounted prices by ditching the U.S. dollar for cross-border transactions. Also Read: BRICS: 130 Countries Move Towards CBDC Currency, US Dollar in Jeopardy The Gulf Cooperation Council ( GCC ) member Saudi Arabia purchased record volumes of discounted Russia n fuel Oil in June. A month prior in May, Saudi Arabia imported Russia n crude Oil by paying the Chinese Yuan and laundered it to Europe. Therefore, Russia is indirectly conducting business with Europe with the help of other BRICS countries and GCC member Saudi Arabia . 🇸🇦 Saudi Arabia is buying...

The study also showed that decentralized organizations work best when they’re built around a tight-knit group of focused participants. A pair of researchers from the University of Texas at Austin and Princeton University conducted a study to determine how tokenization affects decentralization in decentralized autonomous organizations (DAOs). Their findings indicate that many of the challenges to autonomy are related to the reasons individual users have for participating.  According to their research, the larger a DAO grows, the more incentive participants have to consider DAO tokens investments: “The presence of investors diverts the subsidy away from users and thus harms their participation. More importantly, investors may even take a majority stake to seize control of the platform.” In a typical token-based DAO scheme, rather than having a CEO or leader implement decisions, individual participants are issued distributed authority through tokens. This prevents the people who maintai...

Elon Musk, a known advocate of crypto currencies, has previously expressed his intention to incorporate crypto payments into Twitter, and recent developments suggest that this vision is inching closer to reality.  Twitter recently obtained three official licenses to operate as a Money Transmitter in three US states, indicating a significant step towards integrating payment Features within its app. You might also like: KuCoin to implement KYC in July, TOADS prices expected to surge If crypto payments are added on Twitter, Musk’s favorite meme coins, Dogecoin and  DigiToads , might be the first two payment options on the app. Therefore, expecting a price rally of these assets is pretty logical. So, are these two the top crypto coins to invest in now? Dogecoin: the meme coin king Dogecoin, a cryptocurrency that started as a meme, has become a significant player in the crypto market. Musk’s tweets and public endorsements have significantly influenced its value and po...

Also Read: Binance Names Eleanor Hughes As New General Counsel advertisement In what may be a great start for a long lasting bull run for the Crypto Market , XRP lawsuit ruling catapulted the XRP price by as much as 30%, whereas the momentum spread to the wider altcoin ecosystem. Ripple has been sued for $1.3 billion in December 2020 over violation of securities laws with the sale of XRP tokens. Meanwhile, it remains to be seen if the judgement would have major ramifications in the ongoing legislative efforts by lawmakers working to bring about clear regulatory stance around the crypto trading in the United States . How Will Crypto Market Respond In Days To Come? While the wider financial markets have been awaiting the US Federal Reserve’s upcoming interest rate decision on July 26, 2023, the XRP lawsuit ruling changes everything for the crypto ecosystem. This is because the Summary Judgement was by far the single biggest Crypto Market event i...

Sharks and whales have accumulated stablecoins while bitcoin consolidates between $30,000 and $31,000. According to Santiment, DAI and paxos standard (USDP) addresses holding between $100,000 and $10 million stablecoins have risen significantly since June 27. Sharks and whales are watching the $30k to $31k #Bitcoin price ranging, just like the rest of traders. And it appears that they are accumulating # stablecoins like $USDP & $DAI quite rapidly, which increases the probability of future big #crypto buys. https://t.co/IsW0xJFsd9 pic.twitter.com/wkrr0bDQGL — Santiment (@santimentfeed) July 12, 2023 Moreover, the market intelligence platform states that investors have already added 2% of DAI’s total supply since June 27. Similarly, sharks and whales have added around 11% of the USDP supply since July 2, showing rapid growth. Usually, when investors turn to stablecoins , according to Santiment, there’s a possibility of a bull run in the near future. On the other hand...

AAVE, the native currency of Aave, a multi-chain decentralized money market, is firm, price action on July 12 reveals. The token is up 56% from June 2023 lows and continues to extend gains, shaking off weakness after the notable price pump in late June 2023.  AAVE prices are solid because of improving trader sentiment in the crypto market and bullish steps taken by the Aave DAO, a decentralized autonomous organization (DAO) governing the multi-protocol Aave lending protocol. The rejection of lower lows by bitcoin (BTC) has been bullish for altcoins, including decentralized finance (DeFi) tokens like AAVE. Deployment of GHO stablecoin on Ethereum Beyond this, strategic steps, as mentioned above, have helped strengthen AAVE, providing the necessary tailwinds for bulls.  Presently, the Aave community is voting on a proposal to approve the deployment of GHO on the Ethereum mainnet. Currently, over 99% of the community supports its implementations. Yo...