Crypto News

The multinational bank has slashed its 2025 price target for ETH, citing profit taking on the part of the crypto exchange.Source link

Ether (ETH) zoomed nearly 7% in the past 24 hours to lead gains among majors as traders await the results of the Federal Open Market Committee (FOMC) meeting on Wednesday.ETH’s gains were coupled with a 4% gain in memecoin dogecoin (DOGE), which historically tends to act correlated to the asset’s movements. Other Ethereum-based memecoins pepe (PEPE) and mog (MOG), rose more than 5% — continuing to act as levered bets.Elsewhere, majors XRP, BNB Chain’s BNB, Solana’s SOL and Cardano’s ADA rose 3%. Tron’s TRX dipped after a surge 5% earlier in the day as memecoin trading picked up on the blockchain following a no-fee update in the Sunpump platform.Bitcoin (BTC) rose 2% and remained steady under $84,000 in Asian evening...

The Bank of Korea has stated it has not considered adding bitcoin ( BTC) to its foreign exchange reserves, emphasizing the need for extreme caution on this matter. Volatility: Crypto’s Achilles Heel The South Korean central bank has stated that it has not explored adding bitcoin ( BTC) to the country’s foreign exchange reserves. RespondingSource link

The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan's rival and Istanbul mayor Ekrem Imamoglu.The currency slumped a record of nearly 41 per U.S. dollar, a 10% slide on the day. The volatility saw a sharp rise in trading volumes in the bitcoin-lira (BTC/TRY) pair on leading cryptocurrency exchange Binance.Imamoglu's Republican People’s Party (CHP) described the arrest as a coup to replace the will of the people. The party was set to hold a primary election next week, with Imamoglu widely expected to emerge as the presidential candidate.On Binance, the BTC/TRY pair saw 93 BTC change hands between 7:00 UTC and 8:00 UTC, according to data source TradingView. That's the...

UNDER EXPOSED EP17 - Macro, Relief Rally and Crypto’s Political DivideUNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives. Join hosts TylerD, Deeze, Geebz and Peter Jennings as they have longer conversations on the hottest sectors in crypto and NFTs, what is moving markets and what they’re buying and selling. Streaming live every Tuesday from 12:00 PM EST to 1:00 PM EST on YouTube and X.LIVE SPACE = ⁠https://x.com/i/spaces/1gqxvjzLvnlxB⁠Links: ⁠https://www.rug.fm/⁠ ⁠https://x.com/rugradio⁠ ⁠https://linktr.ee/rugradio⁠Hosts: ⁠deeze ⁠ ⁠lhitch09⁠  ⁠0xGeebz⁠ ⁠tyler_did_it⁠ Myriad: ⁠https://myriad.markets⁠ ⁠https://x.com/MyriadMarkets⁠ ⁠https://www.instagram.com/myriadmarkets⁠⁠#bitcoin⁠ ⁠#crypto⁠ ⁠#podcast⁠Source link