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U.S. stocks opened with gains on the final trading day of November. The S&P 500 rose 0.2% and needs a slightly larger gain to avoid its first down month since April. The Dow Jones Industrial Average rose 138 points, and the Nasdaq gained 0.3%. Coinbase Global added 3.6% as bitcoin rose above $92,000 after dropping … Read more
The crypto market turned red on Tuesday as traders reduced exposure ahead of Federal Reserve Chair Jerome Powell’s upcoming policy speech. Bitcoin Bitcoin BTC $112,095.48 0.84% slid below $112,000, last trading near $111,856, down 3% over the day. The global crypto market cap dropped 3.2% to $3.8 trillion, signaling renewed caution after a short-lived rebound. … Read more
The Pepe Coin price crashed below a crucial support level, putting it at risk of a more significant decline as the derivative market indicates a negative funding rate. Summary Pepe price has formed a death cross pattern on the daily chart. The weighted funding rate has turned negative. Technical analysis signals a deeper crash is … Read more
WazirX, one of the largest crypto exchanges in India, has gained a majority vote of more than 95% for its latest restructuring proposal. It is now awaiting court approval. Summary WazirX’s latest restructuring plan received a 95.7% creditor vote, cleared by a Singapore court approval or refusal. The Indian exchange has been wrapped up in … Read more
DTCC, a company at the heart of the U.S. financial markets, may launch its own stablecoin if regulatory conditions are met. Stablecoins are gaining traction among top global financial institutions. On Thursday, June 12, the Depository Trust & Clearing Corporation, is reportedly exploring developing its own stablecoin. According to company insiders, DTCC is prepared to … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI enters bonus round at $0.007 after $21m raised, gaining momentum as Solana seeks a fresh price catalyst. The blockchain industry is gaining attention as Lightchain AI enters its bonus round. After successfully … Read more
Texas is on the verge of becoming the third U.S. state to establish a state-managed Bitcoin. The Texas Strategic Bitcoin Reserve and Investment Act, SB 21, was approved by the House of Representatives with a vote of 101-42. The bill now heads to Governor Greg Abbott’s desk for final approval. SB 21 would authorize the … Read more
WazirX could restart operations next month, as the hacked trading platform awaits a crucial court decision in Singapore that could clear the way for its post-hack recovery plan and user compensation scheme. After nearly nine months of inactivity, WazirX could finally resume services if Singapore’s High Court approves its restructuring plan, the company said in … Read more
Bitcoin has spent the past week locked in a sideways range after rejecting from a swing high. Volatility has dried up, and price action remains muted as the market coils tighter. Traders are now watching key intraday levels for potential fakeouts and liquidation runs while awaiting a more decisive directional move. Bitcoin (BTC) has entered … Read more
Marine Le Pen, member of parliament and French far-right National Rally (Rassemblement National – RN) party leader, arrives at the RN party headquarters in Paris, France, July 1, 2024. Benoit Tessier | Reuters The political future of France’s far-right National Assembly leader Marine Le Pen hangs in the balance with judges in Paris set to … Read more
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