The controversial AI-focused crypto project Qubic has suggested it may mine Dogecoin (DOGE), the largest memecoin, after completing its current operations on Monero (XMR), the privacy-focused blockchain network. On Aug. 17, Qubic Network founder Sergey Ivancheglo shared a Discord screenshot showing that the community voted to target Dogecoin for the upcoming mining season. This decision […]
by Enoch Mwathwa Investors have withdrawn a class action lawsuit against Strategy Inc., ending months of legal tension over how the company reports its Bitcoin holdings. The move provides temporary relief for the world’s largest corporate Bitcoin holder, though regulatory and investor scrutiny remains. Lawsuit Dismissal Provides Short-Term Relief Court filings from the U.S. District […]
After a short-lived recovery, Bitcoin (BTC) is attempting to bounce from a crucial level to reclaim the $110,000 support. However, some analysts suggest that a retest of the $90,000 level could be the next stop for the cryptocurrency. Related Reading Bitcoin Drops To Weekly Lows Bitcoin lost the $110,000 support for the first time in […]
Crypto analyst XForce has set a $20 target for the XRP price. The analyst also highlighted two scenarios that could play out from here for the altcoin to reach this price target. XRP Price Eyes Rally To $20 In This Market Cycle In an X post, XForce declared that $20 remains the primary cycle target […]
by Enoch Mwathwa The U.S. Commerce Department has started releasing GDP data on public blockchains. The move marks the first time a federal agency is distributing economic data in this format. It reflects the Trump administration’s plan to make the U.S. a global crypto hub. Commerce Department Pushes GDP Data On-Chain The Commerce Department announced […]
Ethereum price started a fresh decline from the $4,700 zone. ETH is now showing bearish signs and might gain bearish momentum if it declines below $4,400. Ethereum is still struggling to settle above the $4,630 zone. The price is trading below $4,550 and the 100-hourly Simple Moving Average. There was a break below a bullish […]
Ethereum has once again overtaken Bitcoin in the competition for institutional attention, with Spot Ethereum ETFs recording larger inflows than their Bitcoin counterparts in the past few days. This trend might be building up another chapter in the growing debate over whether Ethereum is on track to start outperforming Bitcoin in terms of price action, […]
Crypto asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund tracking the price of SEI, following Canary Capital’s application in April. The S-1 registration statement filed with the SEC on Thursday proposes to use crypto price index provider CF Benchmarks to track the price of SEI, […]
by Enoch Mwathwa John Williams, who acts as the president of the New York Federal Reserve, has indicated that there is a probability of the rate being cut before the September FOMC meeting. He stressed that the decision depends on incoming data, inflation progress, and labor market conditions. His remarks follow Fed Chair Jerome Powell’s […]
Ethereum price started a fresh decline from the $4,630 zone. ETH is now showing bearish signs and might decline further below $4,460. Ethereum is struggling to settle above the $4,630 zone. The price is trading below $4,580 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $4,600 […]
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