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Bitcoin, Ethereum Technical Analysis: BTC Under $27,000, ETH Hits 1-Month Low Ahead of US Inflation Report
12.10.2023
Bitcoin fell below the $27,000 level on Thursday, ahead of the upcoming inflation report in the United States. Consumer prices are expected to have risen by 3.6% in September, down 0.1% from the month prior. Ethereum plunged to a multi-week low. Bitcoin Bitcoin (BTC) fell for a fifth consecutive...
The McRib Meme: A Curious Connection to Bitcoin and Stocks
12.10.2023
Is there a connection between McRib, bitcoin, and stocks? Some (jokingly) argue there just may be.
Some commenters have opined that the three may be correlated - but without having a causal relationship.
Firstly, the popular McRib sandwich is scheduled for a comeback in November, and it will...
Cleanspark Acquires 4.4 EH/s of Bitmain’s New S21 Antminers; Readies for Bitcoin Reward Halving
12.10.2023
In a disclosure on Wednesday, bitcoin mining entity Cleanspark has reserved 4.4 exahash per second (EH/s) of Bitmain’s latest S21 Antminers. The mining company, recognized on the public market, detailed that the consignment is valued at approximately $61.6 million, translating to $14 for each...
US stocks rise as traders wait for inflation data
12.10.2023
All US stock indices rose on October 11, as traders awaited consumer price index data to be released on the 12th
Bitcoin Sinks Nearly 3% to $26.7K; Bulls Ponder How Low It Can Go
11.10.2023
After failing again at $28,000 resistance over the weekend, bitcoin has retreated to its weakest level since late September
Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’
11.10.2023
Billionaire investor Paul Tudor Jones says he is bearish on U.S. stocks, and bullish on Bitcoin and gold
Report: Long-Term Holders Gobble Up $1.35B in Bitcoin Each Month While Altcoin Mania Lies Dormant
11.10.2023
Seasoned crypto investors continue scooping up bitcoin (BTC) at a rate of 50,000 coins per month valued at $1.35 billion, according to blockchain analytics firm Glassnode’s latest onchain report. This supply tightening comes as the broader digital asset market remains “exceptionally...
Mark to market accounting meets crypto: New FASB changes
11.10.2023
The volatility of Bitcoin and other cryptos is really more a function of who is buying and selling these assets
Biggest Movers: DOGE Higher on Wednesday, After Falling to Recent 7-Week Low
11.10.2023
Dogecoin was marginally higher on Wednesday, after moving back above a recent support point during today’s session. The meme coin fell to a seven-week low on Monday, however bulls have moved to buy the dip. Toncoin was another token to rise, reentering the $2.00 region in the process. Dogecoin...
Asian markets surge as European stocks show mixed performance
11.10.2023
Asian stocks surged across the board on Wednesday led by South Korean market while European markets had a mixed day
Bitcoin, Ethereum Technical Analysis: BTC Hits 10-Day Low, Caroline Ellison Confirms Fraud on Behalf of SBF
11.10.2023
Bitcoin slipped to a ten-day low in today’s session, as the trial of Sam Bankman-Fried (SBF) continues. Caroline Ellison, the former CEO of Alameda Research, alleged that she committed fraud at the behest of SBF. Markets also declined ahead of the upcoming U.S. Producer Price Index, which...
Crypto Market Capitalization Rose 46% in H1 2023 But Still Down 48.5% From 2021 Close: KOFIU Report
11.10.2023
Despite a turbulent close to 2022, the South Korean cryptocurrency market appeared to have picked up momentum in 2023.
According to a Korean Financial Intelligence Unit (KOFIU) report, the South Korean crypto market surged 46% to attain a valuation of 28.4 trillion won (about $21.08 billion)...
US Stocks rise for third straight day as bond yields fall
11.10.2023
Treasury yields declined, giving stock market bulls new momentum
Bitcoin Hovers Above $27,000 as U.S. Stocks Advance
10.10.2023
Meanwhile, bitcoin's dominance continues to climb
Rocket League Will Ban Item Trading, Nuking Market For Secondhand Skins
10.10.2023
A major shakeup is coming to Rocket League’s player community. The popular car soccer game will turn off the option to trade items starting in Season 13, destroying the vibrant market around buying and selling cosmetics in the process. Fans appear universally shocked, confused, and frustrated...
Polygon (MATIC) rally comes to an end as competitors devour market share
10.10.2023
MATIC price has retraced a majority of its recent gains. Cointelegraph explores why
Bitcoin’s Hashrate Hits Record High Amid Upcoming Reward Halving and Market Challenges
10.10.2023
A week ago, at block height 810,432, Bitcoin miners dealt with a 0.35% rise in difficulty. Yet, on October 8, the Bitcoin hashrate soared to a new record. According to the seven-day simple moving average (SMA), it touched an impressive 440 exahash per second (EH/s). Notably, less than 200 days...
Biggest Movers: MATIC Drops to 10-Day Low, ATOM Rebounds From Key Support Level
10.10.2023
Polygon fell for a fourth straight session on Tuesday, as traders pushed the cryptocurrency to a ten-day low. The decline comes as the global market cap remained in the red, having fallen by 0.37% at the time of writing. On the other hand, cosmos rebounded from its lowest point since mid-September....
Asian and European stocks rally amid a wave of risk appetite
10.10.2023
Asian and European stocks registered bullish surge on Tuesday owing to Fed's hawkish outlook on interest rates
Gemini Appoints Sachin Ranlani as Vice President and Head of India for Market Expansion
10.10.2023
Leading global cryptocurrency exchange Gemini has taken significant steps in its Indian expansion strategy by hiring Sachin Ranglani, a former senior vice-president of product management at fintech giant Paytm, as the head of operations for its Indian subsidiary....
Read More: Gemini Appoints...