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Inflation Rises Sharply in the US as Consumer Prices in March Spiked to 8.5%


Inflation in the U.S. continues to remain red hot as consumer prices last month increased sharply to 8.5% in March compared to the same month last year. Metrics show the Bureau of Labor Statistics’ (BLS) Consumer Price Index (CPI) spiked last month at the fastest pace since December 1981....

Bitcoin and Ethereum Fluctuate Sharply, CAKE and CELO Accelerate


  Bitcoin price started a fresh increase from the USD 44,500 zone and even jumped above USD 47,300 before dropping sharply. It is currently (04:22 UTC) struggling near USD 46,000 and is unchanged in a day. Besides, most major altcoins are also fluctuating. ETH climbed above USD 3,550 before...

Coinbase Pro Accidentally 'Re-Lists' XRP Amid Spat with SEC


t-lived, with the exchange shortly after denying any listing of XRP.However, XRP managed to spike sharply following the reports but crashed soon after. At 09:08 UTC, XRP trades at USD 1.09 and is down by 3% in a day and 13% in a week. Source: coingecko.comThe news of what ap

Bitcoin, Ethereum and Altcoins Remain At Risk


ltcoins are down over 15%. ETH declined more than USD 800 and it even tested the USD 3,000 support zone. XRP broke the key USD 1.12 support and it even spiked below USD 1.00. ADA declined sharply and

Cardano Plummets Sharply After Reaching $2.47


The Cardano price movement in the past week The price pattern of Cardano’s ADA witnessed an immense surge by almost 816% in 2021 that made the market cap of the smart contract platform soar to $61 billion. It is evident from the way the value of Ether remained more or less the same over the …

Relief to Bitcoin Miners as Difficulty About To Drop Sharply


Bitcoin (BTC) mining difficulty is about to drop sharply, almost reaching levels seen in January, while at the same time, the coin's price is much higher since the year began - spelling good news for miners. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards...

NFT-Related Token Prices Soar Amid Digital Art Mania


Crypto assets that are linked with non-fungible tokens (NFTs) marketplaces have risen sharply since the mania took off a few months ago. NFTs are selling at prices that many consider ridiculous for intangible artwork. Third-Largest Art Sale by a Living Artist Was Tokenized One piece of art created...

Bitcoin Corrects Gains, Ethereum and Altcoins Drop Sharply


Bitcoin price climbed to yet another new all-time high at USD 49,650 before it started a downside correction. BTC dipped below USD 47,000, but it remained stable above USD 46,000. It is currently (05:00 UTC) recovering higher, but it could face resistance near USD 47,500. Besides, most major...

Soaring Sell Orders Contrast Sharply with Bitcoin’s Renewed Bull Run


Alongside the cryptocurrency’s meteoric climb over the back half of 2020 and early 2021, a curious phenomenon has unfolded; heightened profit-taking and conversion to fiat currencies. Data collected by Simplex, a fiat-crypto gateway, underscores this seemingly paradoxical development....

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