Search
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...
PancakeSwap wants to cap token inflation rate between 3% to 5% per annum
18.4.2023
"Staking Allocation to target approx. 0.35 – 1 CAKE/block instead of 6.65 CAKE/block," developers wrote
BTC price heading under $30K? 5 things to know in Bitcoin this week
17.4.2023
Bitcoin faces a battle for key BTC price support to start the week, while market participants stay optimistic about trend continuation
Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023
15.4.2023
Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that...
Europeans to See More Interest Rate Hikes, Central Bank Governors Indicate
14.4.2023
Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Two central bank governors, with different opinions about how aggressive the European Central Bank should be, nevertheless agree that more increases...
Ether’s Post-Shanghai Rally Knocks Bitcoin Dominance From 21-Month High
14.4.2023
ETH’s share of the total crypto market capitalization rose to a one-month high, according to TradingView data
Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal
13.4.2023
According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special...
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 price rivals 10-month high as CPI data beats expectations
12.4.2023
BTC price performance gets a fresh boost from strong U.S. inflation data, with Bitcoin bulls eyeing a clean trend breakout
Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022
12.4.2023
Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle...
China’s Inflation Rate Drops to Lowest in 18 Months
12.4.2023
The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite estimates suggesting they will remain unchanged. Post...
Seasonal Tokens: Summer’s Price Rises After the Halving as Expected
11.4.2023
PRESS RELEASE. The Seasonal Tokens economy has gone through its second change of season. Like bitcoin, the four tokens – Spring, Summer, Autumn and Winter – go through regular halvings of the supply from mining. Every nine months, the rate of production of one of the tokens is cut...
Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy
11.4.2023
Investment bank MPS Capital Services has warned that the U.S. economy will be in a recession by year-end. The firm’s strategist predicts that the Federal Reserve will raise interest rates by an additional 25 basis points, warning that the central bank’s monetary tightening “will...
Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023
10.4.2023
After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Additionally, the majority of...
Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar
8.4.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged stablecoin, and Argentina...
Historical Bitcoin price fractal hints at rally toward $50K
7.4.2023
Bitcoin price in 2023 mirrors a 2015 fractal that saw BTC price doubling from $350 to $700 in seven months
Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say
7.4.2023
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes...
Bitcoin rests at $28K as US jobs data boosts new Fed rate hike bets
7.4.2023
Bitcoin price action does not warm to nonfarm payrolls numbers as analysts predict the Fed continuing to hike interest rates in May
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday
6.4.2023
Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday’s non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment rate in the U.S. remaining at 3.6%. Ethereum was also lower today, following an eight-month high...
Will Bitcoin break above $30K? New JOLTS data, weaker dollar boost chances
5.4.2023
Bitcoin price is poised to reach $31,000 in April amid a lower vacancy turnout in the U.S., which risks crashing the dollar strength index to a yearly low