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Bitcoin and other altcoins held steady after the Bureau of Labor Statistics published encouraging September nonfarm payrolls data. US nonfarm payrolls rebound Bitcoin (BTC) rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140. FTX Token (FTT) was…
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Falling cryptocurrencies like Bitcoin, Jasmy, and Avalanche could face further downsides after the U.S. published strong gross domestic product and jobless claims data.
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After a short-term bullish moment at the start of October, the crypto market has turned red again. The Israel-Palestine war might be one of the reasons for the bearish sentiment. According to the data provided by Santiment, the “bullish” trend…
As Israel announced a state of war with the Palestinian armed organization Hamas, speculation is rife about the potential impact on Bitcoin and the broader altcoin markets. During geopolitical upheavals like wars or military conflicts, market volatility usually spikes. While…
The crypto market has reacted little to the U.S. Federal Reserve’s decision to leave interest rates unchanged, even as it hinted at a final hike before year’s end. On Sept. 20, the U.S. Federal Reserve (Fed) Chair Jerome Powell held…
Tether’s CTO, Paolo Ardoino, reveals that the company bought more US Treasury bills than the United Arab Emirates, Australia, Japan, and Mexico. In a post on X (formerly Twitter), Ardoino highlights that Tether’s current hold in the US Treasury bills…
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Challenging a recent claim that tracking Bitcoin against fiat currencies is futile, this article uncovers the indispensable link between them. Understanding and interpreting the market dynamics is essential in a rapidly evolving cryptocurrency landscape. Recently, a claim was made on…
Renowned author and investor Robert Kiyosaki has rebutted the Wall Street Journal’s portrayal of a thriving US economy, underlining his skepticism on Twitter. Kiyosaki stressed that the recent upswing in the stock market was primarily driven by President Joe Biden’s…
A recent video by the macrocycle analysis channel, The Chart Guys, hosted by crypto Youtuber Jason Pizzino, offered an extensive examination of historical cycles in stocks, real estate, and bitcoin (BTC). The analyst provided intriguing insights into possible market trends…
A recent report from the Global Financial Markets Association (GFMA) suggests that traditional markets could save more than $100 billion per year by implementing distributed ledger technology (DLT).
Balaji Srinivasan, the former Coinbase chief technology officer (CTO), is opposing Jerome Powell’s statement on the soft landing and compared the current financial crisis with that of 2008
Both Macroeconomic factors and FTX contributed to the BTC price fluctuations in Q4 of 2022. As per a Messari research, in last years Q4, FTX was the number one influencer of BTC's price movements.
Bitcoin's current price direction indicates an impending price correction. The coin's most immediate resistance level currently stands at the $23.6k mark
A Mexico-based cryptocurrency exchange, Tauros, announced the region’s first crypto debit cards in a partnership effort with Dash on August 4. The card can be used at any Visa-accepting store and is only available for Mexican residents. Latin America Gets…
According to official news published by the Venezuelan government on August 26, the state-run remittance platform Patria Remesa is officially operational. Crypto Remittances Thousands of Venezuelan migrants fled their homeland years ago to find work and send remittances to their…
The “meme economy” has seen a steady rise in the popularity of internet memes, which have made their way from 4chan and Reddit to mainstream culture. Memes, which are pictures with text, have become the preferred means of communication for…