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US Inflation Jumps More than Expected in June; Bitcoin & Ethereum Slide


Annual inflation in the US hit 9.1% in June, or more than what analysts had expected, and up from 8.6% in May. It reached the highest level in 41 years. (This is a developing story and is being constantly updated). In a month, prices jumped 1.3%, also more than expected. The so-called annual...

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low


On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....

Bitcoin, Ethereum, and Altcoins Slide, WAVES Rallies


  Bitcoin price started another bearish wave after it failed to clear the USD 32,000 resistance. BTC declined almost 6% and traded below USD 30,000. It is currently (04:33 UTC) showing bearish signs near USD 29,770 and is almost unchanged in a week. Similarly, most major altcoins reversed gains....

Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low


After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that Lebanon’s ongoing economic crisis...

Bitcoin and Ethereum Trend Lower, Altcoins Slide, AXS Moves Higher


  Bitcoin price failed to start another increase, extended decline below USD 29,000, and even tested the USD 28,550 support zone before recovering. It is currently (04:05 UTC) consolidating losses near USD 29,200 and is down 2% in a day and up 1% in a week.... Read More: Bitcoin and Ethereum Trend...

Metrics Show Decentralized Exchange Volumes Continue to Slide This Year


Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this...

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