Yagyesh Jaiswal

Token 2049 Wraps Up With Ether Outperforming Bitcoin

Ether outpaces Bitcoin as Token 2049 wraps up. Overall crypto market is flat despite trading activity following recent rate cuts.

Yagyesh Jaiswal

As Token 2049 wraps up in Singapore, Ether takes the lead over Bitcoin in daily gains while the crypto market is still flat with mixed performances of various tokens amid recent rate cuts.

Germany Shuts Down 47 Suspicious Crypto Exchanges

The German government has shut down 47 cryptocurrency exchanges, accusing them of knowingly allowing for an "underground economy" for cybercriminals to operate and prosper. Authorities have seized the servers and data from the exchanges.

Yagyesh Jaiswal

The German government has shut down 47 cryptocurrency exchanges due to accusations that they were knowingly concealing the origins of funds obtained illegally. Authorities have seized the servers and data from the exchanges and warned users that they do have their information and will be coming for them.

BTC Approaches $64K: BoJ Rate Decision Boosts Risk Assets

Bitcoin approaches $64,000, as BTC futures see billions in new flow, while the Bank of Japan's decision to hold rates boosts risk assets.

Yagyesh Jaiswal

Bitcoin gained 10% over the past week, as macro data led to optimism about riskier assets. Open interest showed a $5 billion influx in BTC, and crypto markets saw meme tokens and layer-1 tokens leading the price increase.

BTC Climbs to $64K After Fed Cuts Interest Rates

Bitcoin price action reached a new high of $62,600 on September 19th, after the U.S. Federal Reserve surprised the market with a 0.5% interest rate cut, that led to fears of potential repercussions in the U.S. financial markets.

Yagyesh Jaiswal

The crypto market soared on September 19th, as Bitcoin (BTC) price rose to a three-week high of $62,600, due to an unexpected action by the U.S. Federal Reserve that morning, cutting interest rates by 0.5%. More than $128M in short BTC positions were liquidated due to the price rise.

BNB Surges 20% Ahead of FED Decision and Release of CZ

BNB price jumps 20%, outpacing BTC and ETH, ahead of expected movement from the Fed this week and the anticipated release of jailed CZ.

Yagyesh Jaiswal

Driven by speculation of a possible US Fed rate cut, BNB leaped 20% to reach $561 and sees a return of ex-Binance CEO CZ. The report examines the recent market trend and outlook.

Trump Launches New DeFi Platform 'World Liberty Financial'

Former President Donald Trump has launched a new cryptocurrency platform called 'World Liberty Financial' to provide financial services and investment opportunities to his followers.

Yagyesh Jaiswal

World Liberty Financial, a crypto project launched under the Trump family, has issued a governance token called WLFI. The token will be non-transferable and available only to accredited investors under a Regulation D exemption.

Launch of Circle's USDC Stablecoin on the Sui Network

Circle's USDC stablecoin, the second-largest stablecoin in the crypto market, is launching natively on the Sui network through the Cross-Chain Transfer Protocol (CCTP), improving usability, security, and interoperability for developers and users.

Yagyesh Jaiswal

The integration of Circle's USDC stablecoin, which accounts for nearly half of all digital dollars, and the CCTP on the Sui network will improve market efficiency and create opportunities for developers to build applications for users to send, spend, and save seamlessly in digital dollars.

ETH Declines After Shots Fired at Trump’s Florida Home

Former United States President Donald Trump emerged unscathed after gunshots rang out around his Golf club in Florida on September 15th. The news sent shockwaves of fear through the crypto markets, as Ethereum bottomed out at $2,260 in the following hours.

Yagyesh Jaiswal

Former President Donald Trump was unhurt after gunfire erupted outside his Golf Club in Florida on September 15th. As much as the situation did not directly impact the crypto markets, this fear and uncertainty spread through investors to see Ethereum nosedive 6% in hours.

Bitcoin Whale Transactions Plummet by 33.6% Since March

According to blockchain analytics firm Santiment, Bitcoin whale transactions have fallen off a cliff since March 2023. While the fall is interesting, this may not be an entirely bearish signal.

Yagyesh Jaiswal

Bitcoin whale transactions have fallen off a cliff since March 2023, when Bitcoin reached its all-time high of $73,679. According to Santiment, there has been a 33.6% drop in $100,000 or more-value Bitcoin whale transactions on a week-over-week basis since March 13.

Harris' Odds Surge, Now Tied with Trump on Polymarket

Vice President Kamala Harris's winning odds have surged, bringing her into a tie with former President Donald Trump on Polymarket.

Yagyesh Jaiswal

Vice president Kamala Harris now has surging odds on Polymarket, tying those of former President Donald Trump. The change marks an important moment in the 2024 presidential race.