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Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase
4.5.2023
Following a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver and gold experienced a surge in value against the U.S. dollar, with gains ranging from 0.87% to 1.18%. Gold, in particular, has been on an upward trajectory, having risen...
BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million
3.5.2023
As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garnered substantial attention in the past week. With 10,487 BRC20 tokens built using...
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...
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023
30.4.2023
Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline...
XRP Price Prediction as 24-Hour Trading Volume Blasts Past $2 Billion – Are Whales Buying XRP?
28.4.2023
The XRP price has risen by 3% in the past 24 hours, climbing to $0.473787 as the cryptocurrency market as a whole posts a 1.5% return over the same period.
XRP remains down by 8% in the last 30 days but has gained by 39% since the beginning of the year, while its 24-hour trading volume has neared...
Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31
25.4.2023
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3%...
Bloomberg Analysts: Bitcoin 'Halving' Can Send BTC Past $50,000 – Here's Why
24.4.2023
Bitcoin (BTC) could rally past $50,000 over the next year as the effect of the next halving kicks in, according to a Bloomberg Intelligence report.
Judging from the findings in the report, the rally seen in the Bitcoin market since the beginning of the year could be just the start of a larger bull...
Bitcoin Price Prediction as BTC Trading Volume Shoots Past $10 Billion on the Weekend – Where Is BTC Heading Now?
23.4.2023
Bitcoin, the world's most popular cryptocurrency with a 40% market share, shot past the $10 Billion trading volume mark earlier this weekend.
The crypto market pioneer has seen multiple good runs in recent times, and sources say it may greatly influence the market's bullish run soon.
At press...
Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High
23.4.2023
The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi...
Pepe Token Surges 77% in 24 Hours, Leading the Top 10 Meme Coins’ Market Gains
23.4.2023
In the aftermath of a downturn in the wider crypto market, the top crypto assets bitcoin and ethereum have each risen modestly, between 1.2% to 1.6%, over the past 24 hours. However, the meme token pepe (PEPE) has surged 77% against the U.S. dollar, and its market capitalization has swelled to $141...
Citi Analysts Predict ‘Near-Perfect Conditions’ for Silver’s Ongoing Bull Market; Experts Suggest $30 an Ounce a Possibility
22.4.2023
The price of silver fell 2.85% against the U.S. dollar last week. However, taking a broader perspective, the precious metal has made significant gains this year. Over the past six months, silver has risen more than 29% against the greenback, and as of April 22, 2023, it was hovering around $25.08...
How Blockchain Pioneers David Rojas and Ashissh Raichura Are Disrupting the Industry With Their Vision and Leadership
21.4.2023
Blockchain technology has been a significant disruptor in various industries over the past decade, and it’s only expected to continue growing in influence and adoption in the coming years. In particular, David Rojas and Ashissh Raichura have earned a reputation as industry leaders...
With MiCA Past the Finish Line, UK's Crypto Industry Calls for Rules of Its Own
21.4.2023
The finalization of the landmark law puts “significant pressure” on the U.K. to deliver its own crypto rules, one industry group said
Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’
21.4.2023
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity...
Brazilian authorities investigate Binance for guiding clients past stop order: Report
20.4.2023
The Brazilian SEC has reportedly turned over screenshots from Binance's Brazilian website with instructions for evading a stop placed on futures trading on the site
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
19.4.2023
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether...
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
16.4.2023
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8%...
First Mover Americas: Crypto Trading Comes to Twitter
13.4.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
First Mover Americas: Ether's Shanghai Rumble
12.4.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Price Prediction as BTC Blasts Past $30,000 Critical Level – What Happens Next?
11.4.2023
Bitcoin's meteoric rise continues to captivate the financial world as the leading cryptocurrency has recently blasted past the critical $30,000 milestone. With this unprecedented surge in value, crypto enthusiasts are keenly watching the market, seeking to predict the future of Bitcoin. ...
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