Author: Faizan Abbas

As it is pointed from the latest Quarterly Report made by CoinMarketCap, three main factors out of which two are associated with the US, will impact on the price of Bitcoin (BTC) in the last quarter of the year. First, the report discusses certain macroeconomic factors. Its is evident that many people are closely looking into the American Federal Reserve in relation to interest rates. However, this report also provides for others larger economic factors such as; productivity unemployment and inflation. If indicators of a recession appear, price downtrend becomes a possibility for Bitcoin, as investors tend to minimize risk…

Analyzing the previous trajectory of Dogecoin price, crypto expert Ali Martinez says it is capable of a massive surge and may even double in value. With the help of the MACD indicator, Martinez analyzes that the last two times the DOGE observed a bullish cross on the weekly chart, its price has surged 90% and 180% times.  MACD, short for Moving Average Convergence Divergence, is applied to measure price trend. If for instance the MACD line move above the signal line it is an indication that the price will have a big increase. Dogecoin price set for surge as bullish…

The Shiba Inu (SHIB) community is showing strong support once again, and big investors, known as whales, are stepping in to help. Although SHIB has done well recently, it’s still in a long consolidation phase, meaning the price hasn’t changed much. But now, large investors are buying SHIB, which could change things. SHIB is in a good buying phase because its price has been moving sideways. Some people may be worried, but whales are taking advantage of the low prices. On Sept. 23, investors bought over 621 billion SHIB tokens, worth about $9.11 million data collect from CryptoQuant. This is…

Crypto PR executive who emphasizes the importance of skepticism in crypto marketing. Serotonin CEO Amanda Cassatt said that marketing can be used to spread fake promises and scams. Even though more people are using cryptocurrency, Amanda Cassatt, founder of the Web3 marketing firm Serotonin, believes investors shouldn’t blindly trust the marketing. She says it’s important for people to do their own research instead of relying on ads. “Marketing is a way to trick people with fake things and scams,” Cassatt shared with famous website at Token2049 in Singapore. Crypto PR firms tighten standards for crypto projects Amanda Cassatt emphasized that…

Michelle Bond, partner of former FTX executive Ryan Salame, pleads not guilty to campaign finance violations amid the ongoing FTX scandal. She who is free on a $1 million bond, can’t leave the mainland U.S. Her partner, Ryan Salame, is set to go to prison on October 11. Bond, the partner of former FTX co-CEO Ryan Salame, has pleaded not guilty to four serious campaign finance charges in a New York court on September 17. These charges include breaking rules on campaign contributions and lying about where the money came from for her 2022 congressional campaign. Salame allegedly helped by…

OpenAI introduces new artificial intelligence models after altering their names, the latest AI model series named 01 AI is so advanced it can think before responding. The model is designed to think before answering any question and can answer complex questions. In a Sep. 12 blog post, the OpenAI stated that the 01 AI model can be accessible today with significant advancements and new levels of AI capabilities. OpenAI explained that these new models are intended to take their time and use ‘chain-of-thought’ reasoning to enable them to solve more intricate tasks, especially in STEM and coding, among others. To…

Due to the EU’s MiCA regulations, centralized exchanges had to modify their product portfolios for EU-based users, excluding stablecoins like Tether (USDT) and DAI. Currently, Europe leads crypto activities, which account for more than 17% of global transactions; using USDC may affect US markets due to its strong regulatory standing under Circle’s token. USDC issuance increased after the June upgrade Despite USDT’s longstanding dominance, recent data shows a subtle shift: There was no significant movement in the supply of USDT, which remained at 112 billion tokens last month. USDC expanded by 1.7 billion tokens in the past two weeks. USDC’s…

The BTC price is gaining momentum, but there’s a lot of trading activity at $60,000 to stop the market from recovering. On July 10, Bitcoin (BTC) approached $60,000 as buyers tried to maintain important support levels. BTC Price RSI Shows Classic Rebound Data from TradingView showed that BTC hit a high of $59,459 on Bitstamp today. Rise in the Asia trading session also inflated the general value of BTC/USD by 1. 5% at the time of writing; the pair has recovered from the classic “oversold” conditions. Many market participants had talked about these conditions, especially the relative strength index (RSI),…

Ripple’s regular monthly sales of XRP lead to an increased supply, which in turn negatively impacts the price of XRP. San Francisco-based Ripple, the company behind the XRP Ledger and the largest holder of XRP, sold 150 million XRP from its coffers on July 9th for approximately $64.5 million which may have an impact on the sentiments and consequently, the downward pressure on the price of XRP. July XRP Reserve Sales: Ripple Loses 150 Million Tokens, Market Suffers Ripple, the company behind XRP, released 1 billion of XRP from escrow in July, with 300 million of them designated for potential…

The United States-listed Spot Bitcoin ETF reached the daily highest inflow of funds over a month. On July 8, 11 Bitcoin ETFs reached the highest inflow of $295 million in funds. Black Rocks ETF led the way by seeing a significant inflow of $187.2 backed by  Fidelity’s Wise Origin Bitcoin Fund which remained second in the list by gaining $61.5 of funds inflow. Greyscale Bitcoin ETF also contributed by gaining $25.1M of funds. Since June 5, it has been a massive day when BTC ETF crossed a milestone of $488 M in fresh capital. This happened as the market collapsed…