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Showing posts with the label digital currency

‘Kill a Waymo, Save a Cat’: Internet mourns as crypto launches KitKat coins

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Opportunistic memecoin shills pounced on the unfortunate death of a popular San Francisco bodega cat this week with five tokens dedicated to the unfortunate feline already listed on Dex Screener’s 24-hour trending page. KitKat, a popular figure in the local community, was reportedly struck by an autonomous Waymo taxi on Monday night while sitting on the sidewalk.  His death caused many in the community to mourn, but crypto degens decided it was an opportunity to make a quick buck and quickly launched KitKat-themed coins, some of which have reached market caps of $8.6 million.  Large crypto accounts such as Crypto Bitlord and James Wynn coordinated to promote their own iteration of this memecoin while claiming that rival KitKat tokens were nothing more than “bundled scams.” The pair have been called out before by crypto sleuth ZachXBT for engaging in “grifts” and “scam” memecoin pump and dumps, promoting tokens they have holdings in before selling them shortly after.  ...

XRP Hits $9,000 for Seconds: Here's the Truth

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XRP hits $9000 in what turned out to be a shocking technical glitch that lasted just seconds on October 29, 2025. Crypto analyst John Squire actually posted video footage on X showing the price climbing to nearly $9,868 before immediately correcting itself. The spike raised a lot of questions about data feed reliability, but right now, it’s clear that no actual trades occurred at that level. This wasn’t backed by any exchange confirmation or on-chain verification. Of course, it left traders wondering what really happened behind the display. Also Read: Ripple’s Bank Charter Decision Could Send XRP Soaring in 48 Hours Unpacking The XRP $9000 Glitch, False Spike & Sudden Price Surge Source: Coin Edition XRP Hits $9,000: What Happened During The Spike The footage that was shared by John Squire captured a live price feed where XRP briefly hit $9000. The episode lasted mere seconds and also lacked any accompanying trade prints or on-chain verification. No exchange actually confirm...

Dogecoin Up 8% Amid Market Rally: $0.50 After Sept. Rate Cut?

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Dogecoin has rallied 8.4% in the daily charts, 9.1% in the weekly charts, 30.1% over the previous month, and more than 120% since August 2024. Despite the rally, CoinGecko’s DOGE data shows a 1.7% correction in the 14-day charts. Let’s discuss if Dogecoin (DOGE) can hit the $0.50 mark in September 2025 after possible interest rate cuts. Source: CoinGecko Will Dogecoin Rise to $0.50? Source: Watcher.Guru DOGE’s latest rally comes after President Trump allowed retirement funds to invest in crypto assets. The move was another milestone for the crypto community. The move aligns with the rising demand for crypto exposure among institutions and investors. DOGE may find itself in 401(k) accounts in the future. The inclusion of crypto in retirement funds could lead to a major bullish reversal for the crypto market. DOGE’s rally could also be due to the high chances of an interest rate cut in September. The crypto market faced a substantial price correction after the Fede...

Bitcoin Ain’t ‘Better’, ADA Is, Cardano Founder Says

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How Stablecoin Rules Are Cementing USD as the World’s Digital Anchor

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

AI predicts HBAR price for July 31, 2025

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Hedera (HBAR) has been on a winning streak for a week now, driven largely by enterprise adoption and partnerships that helped position it as the 14th largest cryptocurrency on July 13. At press time, HBAR was trading at $0.239, up almost 40% over the past seven days, and it enjoys a market cap of approximately $10.2 billion, as per CoinMarketCap . According to Finbold’s AI price prediction model, HBAR could hit $0.250 by July 31 (a 4.44% increase from the current price).  HBAR AI price prediction. Source: Finbold The prediction model relied on a multi-indicator framework, taking into account the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Stochastic Oscillator, MACD Slope, and 50-day Simple Moving Average (SMA). HBAR technicals considered by AI. Source: Finbold As we can see from the charts, even though HBAR has been on a general upward trend, the picture is more nuanced once the technical indicators are taken into accou...

​​Bitcoin’s volatility drops to multi-year lows 

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Once known for its extreme price swings, Bitcoin’s (BTC) volatility has reached its lowest levels in years. While it remains elevated relative to traditional assets, analysts and industry observers now note a significant shift in the asset’s behavior. IBIT vs SPY volatility. Source: @EricBalchunas A chart shared by Bloomberg’s Eric Balchunas reveals that the 60-day volatility of the iShares Bitcoin Trust (IBIT) relative to the S&P 500 (SPX) has dropped sharply, from 5.7 times higher a year ago to just 1.2826 today, marking a significant departure from Bitcoin’s previously uncorrelated and unpredictable trading patterns. The subdued volatility has also caught the attention of Bitcoin technical analysts. Commenting on the current state of the market, analyst CryptoCon wrote on X: Bitcoin is still barely moving, which has glued volatility to critical lows. Historical volatility this low has only ever been seen before the final bull run. There have been no bearish...

India Reveals New Details About BRICS Currency

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BRICS member India spoke about the BRICS currency formation that could make its way into the global markets. The timeline for the launch could be much longer than expected as the development has not picked up steam. The alliance floated the idea of a common currency in 2023 to take on the US dollar’s hegemony. Russian President Vladimir Putin also displayed a mock-up bill during the 16th summit in Kazan last year, indicating that its launch is imminent. Also Read: Payments in National Currencies To Increase After BRICS 2025 Summit India Spills the Beans on BRICS Currency Formation Source: Watcher Guru Dammu Ravi, India’s Sherpa and Secretary (Economic Relations) in the Ministry of External Affairs spilled the beans on the currency formation. Ravi confirmed that the discussions and development of a common BRICS currency have not gone full-fledged but remain “at a very early stage.” He revealed that the discussions are still in their nascent steps and have a long way to ...

Monster $13 billion Bitcoin short squeeze alert

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Bitcoin (BTC) is knocking on the door of a historic short squeeze. With the digital asset trading above $105,500, over $13 billion worth of leveraged short positions across major exchanges like Binance, Bybit, and OKX are hanging by a thread, according to fresh data from Coinglass, retrieved by Finbold on June 17. The liquidation heatmap doesn’t lie, if Bitcoin surges past $118,000, we could witness one of the largest mass short liquidations in crypto history. The chart breaks down where leveraged positions are most concentrated—and, more importantly, where they’re most vulnerable. On the right-hand side, the rising green curve represents short liquidation leverage. What makes this setup especially dangerous for shorts is the way the green line steepens past $110,000. That sharp upward curve means a growing pile of leverage is waiting just above the current market price. The moment BTC starts inching toward those levels, a chain reaction could be triggered, trappin...

AI Predicts Bitcoin (BTC) Price For January 5, 2025

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The cryptocurrency market has kickstarted a new chapter in 2025 and is recovering from its recent fall. Bitcoin (BTC), the world’s largest cryptocurrency, continues to remain below the $100,000 mark. But the community hopes to see a rise in the coming days and even months. President-elect Donald Trump has pledged a more favorable regulatory climate, which is likely to make this year a prominent year for the industry as a whole. Also Read: GTA 6 Comes Out This Year: Here’s Everything We Know Bitcoin Continues To Trade Below $100,000 Source: Watcher Guru The world’s largest cryptocurrency managed to rise all the way to a high of $97,704. During the time of writing, the king coin was trading at $96,149.30, following a 0.15% rise in the last 24 hours. Bitcoin is currently trading 11% below its peak of $108,268. The asset reached this high back in December. Source: CoinMarketCap Amidst this, several predictions came to light. Galaxy Research predicts that by the first half of 202...

Digital Currency: Hong Kong's CBDC Pilot Testing Enters Phase 2

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The Hong Kong Monetary Authority (HKMA) confirmed that they are in phase two of pilot testing the central bank-issued digital currency (CBDC). The e-HKD pilot program will explore tokenized deposits for day-to-day payments and asset settlement options. In addition, HKMA announced that 11 firms have been selected to be a part of the pilot testing process. The firms include financial institutions, banks, and management companies. Also Read: Warren Buffett Dumps $863 Million Worth Bank of America Shares The 11 firms will work closely with HKMA and integrate the CBDC digital currency using innovative methods and standards. “Under phase 2, 11 groups of firms from various sectors have been selected to explore innovative use cases for e-HKD and tokenized deposits across three main themes, namely settlement of tokenized assets, programmability, and offline payments,” read the report. Also Read: US Dollar Dominates, But De-Dollarization Advances Rapidly Hong Kong’s Digital Cur...

Israeli Official Says Digital Payments 'Eroded' the Need for Cash

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Amid an ever-changing financial sector, an Israeli Central Bank official has said that digital payments have “eroded” the need for cash. Indeed, Andrew Abir, the deputy governor of the Bank of Isreal, noted that the role of traditional paper currency has been threatened by the continued development of its digital counterpart. This statement arrives as a plethora of Central Banks have sought to create their own Central Bank Digital Currency (CBDC) pilot programs. Subsequently, it showcases a greater transition in perspective for many of these countries. The greatest question that now exists is just how different the finance sector could look throughout the globe in a matter of years. Source: Reuters Also Read: SWIFT Ready to Launch CBDC & Challenge BRICS Currency Israeli Central Bank Official Champions Digital Payment Future Throughout the last several years, the digital asset sector has evolved to combat the steadfast dominance of traditional finance. That h...