Author: Oscar

  • Bitcoin Rally Stumbles as Inflation Data Triggers Market Sell-Off

    Bitcoin Rally Stumbles as Inflation Data Triggers Market Sell-Off

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    Oscar

    Bitcoin’s remarkable surge to fresh record highs ended abruptly on Thursday, sending ripples through the crypto market. The world’s largest digital asset had surged past $124,000 for the first time earlier this week, igniting optimism among traders. However, the bullish momentum was halted following the release of unexpectedly high US wholesale inflation figures, which dented…

  • HBAR Jumps 3% as Stablecoin Inflows Soar 54% & TVL Climbs 20%

    HBAR Jumps 3% as Stablecoin Inflows Soar 54% & TVL Climbs 20%

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    Oscar

    Hedera Hashgraph’s native cryptocurrency, HBAR, is showing signs of renewed bullish momentum after a month of largely sideways price action. Since the start of August, HBAR had been locked in a horizontal trading channel, with resistance at $0.2669 and support at $0.2357. This consolidation phase reflected market indecision, with neither bulls nor bears taking full…

  • Cardano ETF Approval Odds Jump to 80% as Grayscale Sparks Rally

    Cardano ETF Approval Odds Jump to 80% as Grayscale Sparks Rally

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    Oscar

    Cardano (ADA) is riding a wave of optimism this week as odds for a spot Cardano ETF approval in 2025 have climbed to 80%, according to data from decentralised prediction platform Polymarket. The token’s price has seen renewed strength as traders and investors position themselves for what could be one of the most significant milestones…

  • Institutions Drive 75% of Coinbase BTC Volume as Rate Cuts Loom

    Institutions Drive 75% of Coinbase BTC Volume as Rate Cuts Loom

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    Oscar

    Bitcoin (BTC) could be gearing up for a rally within the next week as institutional buyers dominate trading activity on US exchange Coinbase.According to Charles Edwards, founder of digital asset investment firm Capriole Investments, institutional players accounted for 75% of Coinbase’s trading volume on Tuesday. Historical data from Capriole indicates that every time institutional share…

  • Crypto ETP Inflows Rebound to $572M as Ether Leads the Charge

    Crypto ETP Inflows Rebound to $572M as Ether Leads the Charge

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    Oscar

    Crypto ETP staged a strong comeback last week, posting $572 million in inflows after a brief pause in a record-breaking streak. The rebound comes as Bitcoin and Ether prices recovered, buoyed by a landmark US government decision to permit digital assets in 401(k) retirement plans. According to European crypto asset manager CoinShares, the inflows mark…

  • Blue Origin Now Accepts Crypto for Space Trips

    Blue Origin Now Accepts Crypto for Space Trips

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    Oscar

    In a landmark move for cryptocurrency adoption, Jeff Bezos’ aerospace company Blue Origin has announced it will begin accepting payments in Bitcoin, Ethereum, Solana, and stablecoins for its commercial spaceflights aboard the New Shepard suborbital vehicle. The decision, enabled by a partnership with payment processing giant Shift4, positions Blue Origin among the growing number of…

  • El Salvador Set to Launch World’s First Bitcoin Bank

    El Salvador Set to Launch World’s First Bitcoin Bank

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    Oscar

    El Salvador is once again making global headlines in the cryptocurrency sector, as the nation prepares to launch the world’s first Bitcoin bank. The announcement came via the official X account of the National Bitcoin Office (ONBTC), signalling yet another bold step in the country’s pro-BTC journey. If successful, this pioneering move would mark the…

  • Ether Breaks $4K Barrier as Altseason Momentum Builds

    Ether Breaks $4K Barrier as Altseason Momentum Builds

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    Oscar

    Ether (ETH) has surged past the $4,000 mark for the first time since December 2024, signalling renewed bullish momentum for the second-largest cryptocurrency and adding fuel to the ongoing altseason narrative. Data from TradingView showed ETH/USD hitting $4,012 on Bitstamp on Friday, gaining around 1.7% over the day. This milestone puts Ether less than $900…

  • India Sends 44,000 Tax Notices to Crypto Traders

    India Sends 44,000 Tax Notices to Crypto Traders

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    Oscar

    India’s crypto investors are under growing scrutiny as the Income Tax Department launches a massive compliance drive, issuing over 44,000 notices to individuals accused of underreporting or failing to declare crypto income. The sweeping campaign is part of the government’s broader effort to rein in undisclosed gains from virtual digital assets (VDAs), including Bitcoin and…

  • PancakeSwap Launches Tokenized Stock Trading

    PancakeSwap Launches Tokenized Stock Trading

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    Oscar

    Decentralised finance (DeFi) heavyweight PancakeSwap has officially stepped into the tokenized stock market by launching perpetual contracts for three of the world’s most traded stocks Apple (AAPL), Amazon (AMZN), and Tesla (TSLA). This marks a landmark move for the BNB Chain-based decentralised exchange (DEX) as it pioneers the integration of traditional financial instruments into DeFi…