Category Archives: Blockchain

ACH spikes as Alchemy Pay unveils plans for a new chain

The Alchemy Pay (ACH) token surged 10.12% on Oct. 28, forming a “God candle” and rising to a high of $0.020, marking its highest level since Oct. 25—a 20% increase from last week’s low. The rally followed the announcement that Alchemy plans to launch the Alchemy Chain, built on the Solana Virtual Machine (SVM) architecture. […]

AI Companions AIC rises as trader sees a new ‘bullish wave’

The AI Companions (AIC) token has experienced a three-day price surge, reaching its highest point since October 21, as traders have shown increased optimism about the project. According to TradingView, the AIC token rose to an intraday high of $0.1122, marking a 40% increase from its lowest point the previous week. This surge represents a […]

RBI chief says stablecoins threaten India’s monetary sovereignty

rbi-chief-says-stablecoins-threaten-indias-monetary-sovereignty

The Governor of the Reserve Bank of India (RBI), Shaktikanta Das, expressed strong concerns about the potential risks posed by stablecoins, viewing them as a threat to government sovereignty over the monetary system. Speaking at the G30 39th Annual International Banking Seminar in Washington D.C., Das stated that he has “very strong reservations” about stablecoins, […]

CAT weekly gains surpass 37% as a bullish pattern forms on its daily chart

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Simon’s Cat (CAT) has been trending, and traders have spotted a bull flag pattern on its 1-day chart, signaling the potential for continued price gains. On October 21, the meme coin surged from $0.000024 to $0.000035, forming a flagpole with a large green candle. Following this rise, the token pulled back to $0.000034, creating the […]

Cardano holders are panicking, selling pressure could be triggered

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Cardano (ADA) has been facing ongoing struggles since March, as the price approaches its one-year low. On-chain data suggests potential selling pressure as investors become increasingly wary. After reaching a 34-month high of $0.807 on March 12, Cardano (ADA) has seen a 15% drop over the past 30 days, bringing the price closer to its […]

Hong Kong considers tax break on crypto investments and using AI for finance

hong-kong-considers-tax-break-on-crypto-investments-and-using-ai-for-finance

Hong Kong regulators are considering expanding tax breaks to include digital assets like cryptocurrency and the use of artificial intelligence (AI) in the financial sector, according to a report from Bloomberg on October 28. Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, announced that a proposed tax break extension would provide relief […]

Raydium is overbought but could still rally if this happens

raydium-is-overbought-but-could-still-rally-if-this-happens

Raydium (RAY) has experienced a significant rally over the past month, soaring 83%, with a notable 33% gain in just the last seven days. The token, which serves as the native asset for the Solana-based automated market maker (AMM), reached a 31-month high of $3.59 earlier today, a level not seen since April 2022. Despite […]

Metaplanet’s Bitcoin total holdings surpass 1k with latest $10.4m purchase

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Tokyo-listed Metaplanet, a Japan-based early-stage investment firm, has significantly increased its Bitcoin (BTC) holdings to over 1,000 BTC (approximately $67.8 million) as part of its ongoing Bitcoin acquisition strategy. On October 28, Metaplanet announced in an X post that it had acquired 156.7 BTC for about 1.6 billion yen (approximately $10.4 million), bringing its total […]

WUFFI and KLAUS pump nearly 50% as global crypto market cap drops over 1.4%

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Amidst the bearish crypto market conditions, Wuffi (WUF) has emerged as the top gainer, surging by 50% in the last 24 hours. The overall global crypto market cap has fallen by nearly 1.4% over the same period, bringing it to $2.38 trillion according to CoinGecko. Both Bitcoin (BTC) and Ethereum (ETH) have shown little movement, […]