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Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Friday, as Markets Digest US Retail Sales Data
16.6.2023
Bitcoin rose back above $25,000 on Friday, as markets continued to digest recent U.S. economic data. Yesterday saw retail sales climb higher than expected, rising by 0.3% in May, better than a projected decline of 0.1%. Ethereum moved closer to the $1,700 level. Bitcoin Bitcoin bulls made a brief...
With the rising adoption of Solana, the DigiToads presale poses an interesting prospect
13.6.2023
Solana (SOL) has been making headlines in the crypto industry, bouncing back from a transient downturn due to FTX’s bankruptcy and hitting the ground running with a notable uptick in January. The SOL token regained its upward trajectory, boasting an impressive 100% increase. What triggered...
Crypto Card Adoption Rising in Brazil, Say Issuers – LATAM Taking to Crypto?
9.6.2023
Crypto credit card adoption is on the rise in Brazil, issuers have claimed, with more Latin American users than ever reportedly buying and spending tokens.
Per the Brazilian media outlet Livecoins, Brazilians are not just buying crypto, but also using coins, instead of fiat, to pay in stores.
The...
Crypto Prices Rising Again After Regulatory FUD: Bitcoin, Ethereum & Meme Coins Bounce After Escaping SEC Wrath
6.6.2023
Despite a new round of regulatory FUD (fear, uncertainty and doubt) from the US Securities and Exchange Commission (SEC) in wake of their just-announced lawsuit against Coinbase, crypto prices are rising again.
Bitcoin (BTC), Ether (ETH) and a number of meme coins like Dogecoin (DOGE) and Shiba...
Rollman Mining Marks Its Ascent as the World’s First Provider of Professional Bitcoin Mining for The Everyday Retail and Institutional Investor
5.6.2023
PRESS RELEASE. Tallinn, Estonia, June 5, 2023 – With continued rising interest in bitcoin as an asset class, the everyday investor keen on participating in institutional-grade bitcoin mining can now tap into the world’s first provider of these specialised services with Rollman Mining....
Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange
5.6.2023
Taking up an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”
While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days
3.6.2023
During the past week, while bitcoin has been less volatile, the BRC20 token economy has been coasting along just below the $500 million range, and today it stands at $475.05 million. Statistics show that BRC20s have increased in value significantly over the past 39 days, rising 1,511% from a total...
China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default
27.5.2023
China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to the escalating political discord, rising inflation...
Vývojáři skvělého Rising Storm končí
26.5.2023
IMF Foresees No ‘Rapid Shift’ in US Dollar Reserves Despite Rising De-Dollarization Trend
26.5.2023
The International Monetary Fund (IMF) does not expect a “rapid shift” in the U.S. dollar reserves despite a rising de-dollarization trend and a looming U.S. debt default. “Don’t kiss your dollars goodbye just yet,” said IMF Managing Director Kristalina Georgieva. The IMF chief does not expect...
Rising BTC transaction fees are a good thing, Bitcoin educator shares
22.5.2023
Dan Held, the chief marketing officer at Trust Machines, believes that rising Bitcoin transaction fees may encourage users to look at other layer-2 solutions
Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
19.5.2023
On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it the most difficult it has ever been to discover...
Binance Australia partner hints at rising ‘scams’ after debanking exchange
19.5.2023
Cuscal, the company that handles AUD on-and-off ramping for the exchange, declined to comment specifically on why it decided to pull support for Binance Australia
US Dollar’s Importance Declining in International Transactions and as Reserve Currency, Economist Says
17.5.2023
A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international trade and as a reserve currency has been declining. “Other currencies have been getting more important in international transactions and as reserve currencies,” he stressed....
Crypto crackdown can’t stop TMS Network from rising, dwarfing LTC & ADA in face of SEC flareups
10.5.2023
There’s never a dull moment in the crypto market besides healthy competition between cryptocurrencies. Projects like Cardano (ADA) and Litecoin (LTC) may have more time in the industry, but TMS Network (TMSN) is soaring past them. Currently focused on phase two of its presale, TMS Network...
Crypto market stable despite concerns about rising inflation rates and banking sector turmoil
9.5.2023
Bitcoin’s rally to over $25k in recent weeks and finally to 30k is a significant sign that a bull run might not be so far away. The news has added a layer of confidence in investor attitudes even as the banking sector faces a crisis. Numerous assessments in the financial markets have poked...
Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow
7.5.2023
The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end of the third quarter of 2022. “Rising interest rates are creating significant unrealized losses in investment securities and in some cases depressing tangible equity,” according...
Collateral Network: A rising crypto star set to eclipse Monero & Toncoin
1.5.2023
Web3 peer-to-peer lender Collateral Network (COLT) is emerging as a rising star in the cryptocurrency market, with the potential to outshine established players like Monero (XMR) and Toncoin (TON). We look at why crypto enthusiasts eagerly anticipate this innovative challenger lender’s launch...
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap
30.4.2023
Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to...
Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm
29.4.2023
This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the end of the quarter. It’s worth noting that Japan’s...