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Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates


The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason...

Bitcoin and Ethereum Rally Hits Resistance, LUNA and SHIB Jump


  Yesterday, bitcoin price rallied above the USD 42,500 resistance level and even spiked above USD 44,000 before correcting lower. It is currently (04:27 UTC) consolidating gains above USD 43,750. Similarly, most major altcoins extended gains and tested resistance. ETH surged above USD 3,320...

Dollar Hits One-Month High Against Yen


The increase in the Japanese Yen is an overnight incident. Even though the US Dollar was observed to decline in market value, it rose after being paired with the Yen. Other currencies observed a similar trend. This includes the Australian Dollar, Chinese yuan, and Britain’s pound, to name a few....

Privacy-Focused Browser Brave Hits 50M Monthly Active Users


  Blockchain-based decentralized browser Brave (BAT) says it has passed the 50.2m monthly active users mark, thus hitting another major milestone. In comparison, Cryptonews.com reported that in October 2019 Brace reached 8m monthly active users, 10m in December that year, and 12m in March 2020....

Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores


  China’s digital yuan is inching ever closer to rollout – with a pilot version of a central bank-issued app and wallet released on Apple and Android app stores in the country.... Read More: Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores

Bitcoin Jumps Above USD 51K, Ethereum Hits USD 4,100, ADA & LUNA Rally


  Bitcoin price formed a base and accelerated above USD 48,500. BTC bulls pushed the price above the USD 51,000 zone. It is currently (04:18 UTC) up 5% and there could be a minor downside correction. Similarly, most major altcoins are also rising. ETH increased 3%, is back above USD 4,000...

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