Helium (HNT) Network Expansion Fuels 13% Gains Despite Faltering Market

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …

Starknet (STRK) Rises 23%, Offsets Crypto Market Fear And Doubt

Este artículo también está disponible en español. Although the market dips even further after weak macro releases, Starknet (STRK) remains bullish with developments that offset the market’s fear, uncertainty, and doubt. According to CoinGecko, STRK rose nearly 23% since last week, keeping much of the bearish momentum at bay.  Related Reading On-chain developments have held …

Here’s Why Bitcoin Price Crashed Below $54,000

Este artículo también está disponible en español. The Bitcoin price dropped below $54,000 on September 6 as the flagship crypto experienced a massive wave of sell-offs from traders. This price decline was sparked by developments on the macroeconomic side, which painted a bearish outlook for Bitcoin.  Related Reading Bitcoin Slides Following Weak Job Report Bitcoin’s …

PEPE Faces Key Support Test At $0.00000589 – Will Bulls Hold The Line?

Este artículo también está disponible en español. PEPE is facing intense bearish pressure, with its price trending downward toward a critical support level at $0.00000589. Recent market actions have shown that the bears are firmly in control, pushing the token closer to this key threshold. As sellers continue to dominate, the question is whether the …

Bitcoin Flashes On-Chain Signal That Triggered A 175% Rally The Last Time

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing …

$10,000 Tax Bonus Should Be Handed To Struggling American Workers Every Year, Says JPMorgan Chase CEO

JPMorgan Chase CEO Jamie Dimon says he supports changes to the tax code that would give working Americans and their families more relief from the IRS. In a new interview with PBS NewsHour, Dimon says the Earned Income Tax Credits (EITC) should be expanded and apply to all low and mid-income workers, regardless of whether …

Fed Report Explores How Crypto Price Changes Affect Ownership

A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged. The report suggests further research into consumer behavior in response to market fluctuations …

Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement

Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden administration’s stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S. Securities and Exchange Commission (SEC) …

Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve

Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans, that protected their wealth from rampant hyperinflation and announced a bitcoin donation campaign to help them in their democratic …

Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility

In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day, with users discussing the likelihood of an economic downturn. Social Media Buzzes …

Bitcoin Hashrate Hits Record High as Prices Drop Below $55K

As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday, a slight bump of 2 EH/s over the previous …

‘There Is No Demand Growth’: CryptoQuant Analyst Outlines Factors Behind Bitcoin (BTC) Slump

A lack of demand growth is keeping Bitcoin’s (BTC) price down, according to the head of research at the digital asset analytics firm CryptoQuant. Julio Moreno notes on the social media platform X that BTC demand is declining and “basically all valuation metrics are in bearish territory.” Source: Julio Moreno/X Moreno notes a key price …

US National Debt Explodes by $684,322,497,000 in Three Months As Fitch Warns America Has Failed To Fix Growing Debt Burden

The US national debt has ballooned by over half a trillion dollars in just three months. According to the U.S. Treasury, America’s national debt jumped from $34,635,364,143,328 on June 3rd to $35,319,686,640,609 on September 3rd – a surge of $684,322,497,000. The massive rise is coming just over a month after the US national debt crossed …

Top US Crypto Exchange Coinbase Adds New Ethereum (ETH) Layer-2 Scaling Protocol to Listing Roadmap

Coinbase added the new native asset of an Ethereum (ETH) layer-2 scaling protocol to its listing roadmap on Friday, putting the token on the potential path to trading on the top US crypto exchange. Zksync (ZK), the newest addition to the listing roadmap, bills itself as “an ever-expanding verifiable blockchain network, secured by math.” The …

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