The altcoin season remains elusive this year as Bitcoin dominance has stayed in control. Summary Altcoin Season Index dropped to 52 from over 60 YTD, showing Bitcoin dominance. Fed rate cuts could trigger risk appetite, historically bullish for crypto. ETF approvals for XRP, DOGE, HBAR in October could spark demand. Data shows that the Altcoin…
Months after publishing its rulebook, Kazakhstan’s AFSA is putting its stablecoin regime to work. The regulator is now accepting license and supervision fees in U.S. dollar-pegged digital assets through a select group of agents. Summary Kazakhstan’s AFSA launched a pilot allowing regulatory fees to be paid in USD-pegged stablecoins. Bybit Kazakhstan is the first licensed…
Pepe coin price has formed a highly bullish falling wedge pattern, pointing to an eventual rebound, even as whales and smart-money investors continue dumping. Summary Pepe coin price has formed a falling wedge pattern on the daily chart. The coin has also settled at the ultimate support of the Murrey Math Lines. This rebound will…
Leveraged trader James Wynn, famous for his huge gains and losses, claims his UK bank accounts were frozen with no explanation. Summary James Wynn says that UK banks froze his accounts with no explanation The leverage trader claims that he paid ‘millions’ in taxes from these accounts His claims sparked a debate about debanking in…
The crypto market may be on the verge of a strong bullish breakout after weak nonfarm payrolls data boosted calls for the Federal Reserve to cut interest rates and as the deadline for ETF approvals nears. Summary The crypto market may rebound after the latest non-farm payrolls data. Economists now expect the Fed to cut…
Two major financial regulators are considering potential regulatory “innovation exemptions” for DeFi. Summary SEC and CFTC issued another joint statement to harmonize crypto regulation According to the two agencies, DeFi may get a temporary exemption from some rules Agencies also outlined the innovative potential of on-chain finance SEC and CFTC continue to work together to…
A lukewarm U.S. employment report for August sparked a broad crypto rally Friday. Traders appear to have interpreted the stagnant data as a signal for potential monetary easing, pushing Bitcoin above $113,000 and lifting altcoins across the board. Summary Bitcoin climbed above $113K as a soft August U.S. jobs report sparked a broad crypto rally….
XRP price could be preparing for a strong bullish breakout this month after forming highly positive chart patterns despite weakness emerging in the XRP Ledger. Summary XRP price could be on the cusp of a bullish breakout this month. It has formed numerous bullish chart patterns on the daily chart. The surge will happen despite…
After weeks of decline, top altcoins are flashing green again. Ethereum, Solana, and XRP are showing signs of recovery but is this the start of a bigger rally? Summary Altcoin momentum builds as “Red September” fears fade and technicals flash early bullish signals. Ethereum is up 21.9% in 30 days, holding above $4,250; exchange supply…
Chinese media report that one of the country’s leading fintech companies is negotiating the acquisition of technological solutions from the Abu Dhabi–based Venom Foundation. Sources familiar with the matter say the goal is to integrate Venom’s blockchain infrastructure into China’s expanding digital finance systems. The news comes as Beijing continues to emphasize the modernization of…
