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03 Apr 23

Bybit to expand into Hong Kong crypto market

Dubai-based Bybit has announced plans to build its central Asian business in Hong Kong. The exchange intends to have a segment of its marketing, research, and development team in the city. WSJ has recently reported that Bybit has plans to establish its primary Asian operations in Hong Kong. The crypto exchange intends to seek a […]

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31 Mar 23

OKX using AI to monitor market volatility

OKX has implemented an advanced artificial intelligence (AI) system to actively monitor and manage market volatility. OKX, a prominent cryptocurrency exchange, has introduced an innovative artificial intelligence (AI) system from EndoTech.io to monitor and manage market volatility. The technology aims to enhance the user experience by mitigating the effects of extreme price fluctuations, a common […]

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29 Mar 23

FET token surges by 10% as AI market heats up

Fetch.ai (FET) has been rising for the past 24 hours. It started the day trading at just about $0.34. This token continued to gain prices exemplary during the period, rising to about $0.37 at the time of writing. The token has surged in value by over 13.9% over the past trading day. For most of […]

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23 Mar 23

The crypto market reacts as Fed hikes by 25 bps

After the 25 bps rate hikes announced by the Fed on March 22, the markets, including bitcoin, crypto, and stocks, reacted negatively. Fed 25 bps rate hike The Fed chair Jerome Powell, after the FOMC meeting on March 22, announced that the Fed hiked the interest rates by 25 points. The new rate hike moved […]

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21 Mar 23

CryptoPunks market heats up with $5.7m in sales today

CryptoPunks, one of the earliest and most iconic non-fungible token (NFT) collections, has seen a surge in sales over the past month, according to NonFungible data. Today alone, 58 sales were recorded, totaling a staggering $5.7 million. This is a notable increase compared to the daily sales of 10 to 30, worth $0.5 million to […]

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20 Mar 23

Raoul Pal says ethereum may outperform bitcoin in next bull market

Macro guru Raoul Pal has predicted that ethereum (ETH) could hit a five-figure price in the upcoming bull cycle and outperform bitcoin (BTC) by as much as five times. ETH to beat BTC in next bull run Former Goldman Sachs executive Raoul Pal predicted that there’s a likelihood that ethereum could hit a five-figure price […]

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27 Feb 23

US citizens still own crypto despite bear market, survey shows

The vast majority of Americans want to see the financial system modernized. They believe that cryptos could be a potent part of the answer, according to a February 2023 nationwide survey of 2000+ general population respondents commissioned by Coinbase. Coinbase hired Morning Consult in February to poll more than 2000 American people. According to the […]

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14 Feb 23

USDC and BUSD market caps fall as regulators bash stablecoins

Stablecoins such as USD Coin (USDC) and Binance USD (BUSD) see their market capitalization fall following increasing regulatory scrutiny. Market data shows that BUSD’s market cap has fallen by 4.56% from $16.2 billion reported on Feb. 7 down to its current value of $15.46 billion — a low not seen since late January. BUSD Market […]

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10 Feb 23

SEC scare sends the crypto market into a freefall

The cryptocurrency market has taken a hit in the past 24 hours, as the global market cap has dropped by an estimated 4.5%, down to $1.02 trillion. Global crypto market cap chart Source: CoinMarketCap Major digital currencies, Bitcoin (BTC) and Ethereum (ETH), both experienced a pullback, with Bitcoin decreasing by 3.87% and Ethereum falling by […]

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