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Market update: SOL, DOT, and TOADS price projection April 2023
12.4.2023
As we venture into April 2023, the dynamic cryptocurrency landscape presents diverse investment opportunities. In this market update, we turn our attention to three top crypto coins – Solana (SOL), Polkadot (DOT), and the up-and-coming meme coin, DigiToads (TOADS) – offering an in-depth analysis...
US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year
12.4.2023
On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $30,000, Ahead of US Inflation Report
12.4.2023
Bitcoin consolidated around the $30,000 mark on Wednesday, as markets prepared for the release of the latest inflation report in the United States. Consumer prices in the U.S. are expected to fall to 5.2% in March, down from 6% the month prior. Ethereum also consolidated, dropping back below...
Crypto Analysts Split on Ether Market Trends After Ethereum’s Shanghai Upgrade
12.4.2023
Their thinking is contrary to other market observers, who believe a mass-sell-off following the “hard fork” will send prices downward
Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12
12.4.2023
The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April...
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
11.4.2023
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current...
Bitcoin reaches $30K — Is this the start of the next bull run?
11.4.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Bitcoin’s rise to $30,000
Former Bitcoin Core Developer Says NFT Market Is ‘Pleasantly Down to Earth’ Again
11.4.2023
Jeff Garzik says now that the crypto asset sector has weathered through the hype, higher quality projects are likely to continue developing
BingX Introduces a New Trading Category Within the Market Segment in Preparation for Shanghai Ethereum Upgrade 2023
11.4.2023
PRESS RELEASE. BingX, the Singapore-based crypto exchange, is pleased to announce the launch of a new category to optimise its trading system for the Shanghai Ethereum upgrade. This move is aimed at helping traders looking to make a profit during the Ethereum upgrade that is expected to arrive...
Biggest Movers: SOL 15% Higher, as LTC Hits 5-Week High
11.4.2023
Solana was up by as much as 15% on Tuesday, as momentum in cryptocurrency markets shifted higher. The global crypto market cap is up by 4.42% at the time of writing. Litecoin was another notable mover, as the token rose to a five-week high. Solana (SOL) Solana (SOL) rose by as much as 15%...
First-Quarter Performance Recap: CoinDesk Market Index Up 58%, BTC Gains Amid Banking Crisis
11.4.2023
Bitcoin, Ethereum Technical Analysis: BTC Hits $30,000 on Tuesday, as ETH Nears $2,000
11.4.2023
Bitcoin moved above $30,000 on April 11, as bullish sentiment returned to cryptocurrency markets. Markets surged after data in China showed that consumer prices had hit an 18-month low. Ethereum was also higher on the news, moving closer to $2,000. Bitcoin Bitcoin (BTC) raced above $30,000 for...
Hong Kong Financial Chief Pushes for Web3 Adoption Despite Market Volatility – Next Crypto Hub?
11.4.2023
The city of Hong Kong is continuing its push for Web3 and crypto adoption, despite volatility in the market and regulatory crackdowns elsewhere, Hong Kong’s Financial Secretary Paul Chan has confirmed....
Read More: Hong Kong Financial Chief Pushes for Web3 Adoption Despite Market Volatility – Next...
XRP's Four-Week Rally Was Led by Retail Investors: Kaiko
11.4.2023
Retail or non-professional investors powered XRP higher in recent weeks as large investors sold into the rally
AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets
11.4.2023
A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into...
Bitcoin, Not Ether, Builds Crypto Market Dominance Ahead of Ethereum's Shanghai Upgrade
11.4.2023
Bitcoin's dominance rate, or share of the total crypto market, has risen to its highest in almost two years while ether's stagnates
AI-Blockchain CryptoGPT Secures $10 Million in Funding, Valued at $250 Million – Bull Market Back?
11.4.2023
CryptoGPT, an Ethereum layer-2 solution dedicated to AI development, has raised $10 million in funding at a valuation of $250 million.
The Series A round was led by DWF Labs, a leading digital asset market maker and multi-stage web3 investment firm, the company said in a Monday Twitter thread. ...
Economist Harry Dent Expects Biggest Crash in Our Lifetime to Hit Between Now and Mid-June
11.4.2023
Harry Dent, economist and author of several best-selling books, has warned that the biggest crash in our lifetime is “going to hit between now and about mid-June.” He stressed: “People are going to know this is not a big correction — it is a major crash, one that...
JPMorgan CEO Jamie Dimon Says Banking Crisis Not Over — Warns of ‘Repercussions for Years to Come’
11.4.2023
JPMorgan Chase CEO Jamie Dimon says the U.S. banking crisis is not over and “there will be repercussions from it for years to come.” The executive added that recent bank failures “have significantly changed the market’s expectations,” and the odds of a recession have...
Men under 50 shoring up US cryptocurrency market: Pew Research
10.4.2023
A Pew Research Center analysis shows that not much has changed over the past few years when it comes to U.S. cryptocurrency adoption and confidence