Stablecoin Supply Trends: Indications for Bitcoin Rally?
Key Insights Large wallets holding stablecoin capital predominantly keep their assets on exchanges, but are the trading volumes sufficient for…
Brent Crude Tops $80 A Barrel for the First Time Since April
Key Insights Brent oil price surpasses $80 per barrel, marking the first time since April. Saudi Arabia and Russia’s commitments…
Bank of America Slapped with $150 Million Penalties for Deceptive Practices
Key Insights Bank of America has been found guilty of deceptive practices that harmed numerous customers. The bank charged multiple…
US Dollar Index Hits Two-Month Low Amidst Potential Pause in Interest Rate Hikes
Key Insights US dollar index hits a two-month low as Fed officials discuss holding off on future interest rate hikes…
FCA Cracks Down on 26 Illegal Crypto ATMs Across the UK
Key Insights FCA identifies and disrupts illegal crypto ATMs in the UK. Inspections conducted at 34 locations, resulting in the…
Standard Chartered Analysts Bullish on Bitcoin: Forecasts $120,000 by 2024
Key Insights Standard Chartered raises its 2024 bitcoin forecast to $120,000. The initial prediction of $100,000 made in April gets…
Hotbit Exchange Suffers Rug Pull after Selling 256 Trillion QUACK Tokens
Key Insights Blockchain projects ChainAegis and Hotbit exchange executed a rug-pull scam, resulting in a loss of $1.7 million for…
Fed Minutes Affirm Hawkish Monetary Policy Outlook, Fueling US Dollar’s Rally
Key Insights Fed officials express concerns about inflation, viewing it as biased to the upside and slowing less rapidly than…
Bitcoin (BTC) Outperforms the Nasdaq and S&P 500 Indices
Key Insights Bitcoin (BTC) outperformed the Nasdaq and S&P 500 indices combined. Ether also outperformed the US stock indices but…