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Bitcoin Technical Analysis: Traders Anticipate US Inflation Data Amidst Tight Trading Range

13.11.2023
The crypto market is abuzz with the prospects of bitcoin exchange-traded funds (ETFs), sparking a rush of investments in anticipation of their approval. Investors and traders are bracing for the U.S. inflation report due to drop on Tuesday, which historically shakes up market sentiment and could...

Why will an Ether staking rate increase crypto adoption?

10.11.2023
Ethereum switched to a proof-of-stake (PoS) mechanism, which is considered one of its milestones. It led to the creation of a native cryptocurrency rate connected to Ethereum staking. This shift is significant not just for the Ethereum network but also for the market architecture of other financial...

Why an Ether Staking Rate Will Increase Crypto Adoption

8.11.2023
Andy Baehr, managing director at CoinDesk Indices, explains how understanding and measuring Ethereum's integrated staking rate is key to driving innovation and acceptance of ETH-based financial products

eTukTuk raised over $180k milestone – Just a few hours to go at the current price!

7.11.2023
eTukTuk emerges in the center of a transport revolution and outruns the $180k funding mark quickly. This innovative adventure is more than simply revolutionizing city transport. It also focuses on a greener and cleaner tomorrow, as seen through its eco-friendly and budget-friendly electric cars....

Biggest Crypto Gainers Today on Uniswap – IO, MBX, BXBT

6.11.2023
Bitcoin (BTC) is consolidating above $35,000 at the start of the week as traders take stock of recent dovish US macro developments (last week’s weak US jobs and manufacturing PMI data, plus Fed Chair Jerome Powell’s unconvincing attempt trying to convince the market that more rate hikes...

Barefoot Mining CEO Projects a 52.5% Cut in Bitcoin Rewards Post-Halving

5.11.2023
This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each block, excluding transaction fees, will decrease...

JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further

3.11.2023
The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also expects more interest rate hikes from the Fed, stating:...

Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning

1.11.2023
Two key BTC supply metrics show conflicting signals on whether a retracement will occur before the Bitcoin halving

From Venezuela’s 360% to Ghana’s 42%, 10 Countries Worldwide Feel the Sting of Inflation

29.10.2023
Drawing upon the latest statistics, ten nations are grappling with inflation rates surpassing 40% as of October 2023, while four countries are enduring inflation rates in excess of 100%. A look into the data curated by the International Monetary Fund’s World Economic Outlook reveals that...

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Report

27.10.2023
Bitcoin slipped below the $34,000 level earlier in today’s session, ahead of the upcoming consumer sentiment report in the United States. Data on Thursday showed that the U.S. economy grew at a rate of 4.9% in Q3, largely driven by consumer spending. Ethereum moved below the $1,800 level...

Nigeria Plans to Include Fintechs in Broadened Official Currency Market

26.10.2023
A Nigerian official recently said the foreign exchange-starved country plans to include “legitimate” market participants like bureaux de change and financial technology companies in the official forex currency market. Finance Minister Wale Edun also said the country will receive...

Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally

25.10.2023
Bitcoin's [BTC] market share of all cryptocurrencies rose to a fresh 30-month high Wednesday as BTC continues to beat most altcoins or alternative cryptocurrencies

Bitcoin bulls fight to hold $34K as CME BTC open interest surpasses 100K

24.10.2023
A surge in CME BTC volumes and open interest highlight institutional investors' growing interest in Bitcoin. Will it be enough to keep the price in the current range?

Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July

24.10.2023
2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The Ebb and Flow of Crypto...

MicroStrategy's Bitcoin stash is back in profit with BTC price above $30K

23.10.2023
The Michael Saylor-led software firm has made $132 million in unrealized profits from its Bitcoin bet

Tesla Maintains $184M Bitcoin Holdings as Elon Musk Flags Concerns Over High Interest Rates

20.10.2023
Tesla’s third-quarter financial statement reveals that the electric car company has not sold any of its bitcoin. Its most recent balance sheet shows that Tesla continues to hold bitcoin valued at $184 million. Meanwhile, Tesla CEO Elon Musk has raised concerns about the high-interest rate...

Fed’s Powell Hints at Continued Elevated Rates; Fedwatch Tool Indicates Near-Certain Hike Next Month

19.10.2023
Federal Reserve Chair Jerome Powell stressed on Thursday the U.S. central bank remains committed to bringing down inflation and will maintain restrictive monetary policy until prices cool. Speaking at the Economic Club of New York, Powell hinted that further interest rate hikes may be appropriate...