Crypto

The latest US jobs report released on Friday did not meet the general expectations of over 160,000 job positions to be filled. The country’s labor department announced that local employers added 142,000 new jobs in August, falling short of the anticipated 160,000+. This discrepancy in numbers has raised concerns about the state of the US

Toncoin (TON) has recently experienced a significant decline in its price, leaving a large portion of its investors at a loss. The cryptocurrency, which saw a bull run at the beginning of 2024, reached an all-time high of nearly $8.20 in mid-June. However, the price has since dropped by 40% to approximately $4.80. This downward

The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has recently dropped to its lowest level in the year, a trend last observed in October 2023. This decrease in the metric coincides with the ongoing downward spiral in bitcoin’s (BTC) price and the general trajectory of the broader cryptocurrency market. The report from CryptoQuant

One of the key narratives that have shaped the crypto market this year is the discussion around crypto whales. These large holders of bitcoin and other top cryptocurrencies have been found to exert a significant influence on crypto prices. The fear of market manipulation by whales has been a prevalent topic of conversation in various

The Future Forward USA PAC, a political action committee supporting Vice President Kamala Harris’ presidential campaign, has made headlines by announcing that they will be accepting crypto donations through Coinbase Commerce. This decision came after a statement made by Coinbase’s Chief Financial Officer, Alesia Haas, during Citigroup’s 2024 Global TMT Conference in New York caused

The U.S. Securities and Exchange Commission recently imposed charges against Galois Capital, a crypto-focused advisory firm that held client assets at FTX. As a result of its actions, Galois agreed to pay a substantial civil penalty of $225,000, which will be used to compensate affected investors. The SEC’s investigation revealed that Galois failed to ensure

Ripple has recently announced a new partnership with Yonsei University, a renowned academic institution in South Korea, as part of its University Blockchain Research Initiative (UBRI) program. This collaboration marks a significant milestone for Ripple, as Yonsei University becomes the 58th partner in the global UBRI network, with 12 partners located in the Asia Pacific

Bitcoin, the world’s largest cryptocurrency, has recently dropped below $56,000, signaling a continuation of its downward trend. According to Arthur Hayes, co-founder of BitMEX, there is a possibility that Bitcoin could decline further to $50,000. Hayes also expressed concerns about potential steeper losses in altcoins based on current market conditions. Hayes linked his bearish outlook

The Ethereum market has recently experienced a shift, with rising exchange reserves indicating a potential new distribution phase. This can be seen through CryptoQuant’s Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets. An increase in this metric often suggests that traders are moving their ETH onto exchanges in preparation

The crypto market has been experiencing a lackluster performance recently, with a significant decline in whale activity across major crypto assets. Recent analysis conducted by Santiment has revealed that both Bitcoin and Ethereum are witnessing noticeable drops in high-value transactions. This decline in whale activity is particularly evident during the period of March 13-19, where