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Why Did Crypto Surge After Bad Inflation News?
14.10.2022
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus
Bitcoin, Ethereum Technical Analysis: ETH, BTC Surge, as US Inflation Uncertainty Fades
14.10.2022
Ethereum was trading higher on Friday, as market volatility eased, following the latest U.S. inflation report. Core inflation rose 0.6%, with consumer prices up to 8.2%, higher than the expected 8.1%. Despite this, traders seem to have breathed a sigh of relief, as the uncertainty surrounding...
Biggest Movers: TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak
10.10.2022
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron...
Biggest Movers: UNI Closes in on 5-Week High, While SOL Also Climbs
6.10.2022
Uniswap moved closer to its highest point since late August on Thursday, as the token extended recent gains. Today’s surge is the fourth consecutive day that prices have climbed, leading the token to break out of a key resistance level in the process. Solana was also in the green, recording...
Billionaire Mike Novogratz Believes Bitcoin Price Will Surge if Fed Makes This Decision
5.10.2022
Mike Novogratz forecasts a bullish takeoff for Bitcoin (BTC) once the US Federal Reserve eases down on its aggressive rate hikes aimed at taming inflation.
The current cycle has especially been tough for the firstborn crypto, as it suffers from both an unfavourable outlook, and the effects...
Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar
3.10.2022
A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dollar, a report has said. One Nigerian currency dealer said he expects the naira to further depreciate to...
Blockchain gamers surge as users attempt 'stacking crypto,' says DappRadar
30.9.2022
Despite the FUD, blockchain games surged in active users in September, while God’s Unchained cracked the top 10 in terms of total NFT sales volume of all projects
XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable?
23.9.2022
The XRP price rally appears to be driven by a "buy-the-rumor" frenzy in a potential lawsuit win for Ripple versus the SEC
Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions
16.9.2022
Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’...
Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs
15.9.2022
The Ethereum proof-of-stake consensus mechanism will cut energy consumption by a massive 99.95% compared to the proof-of-work system
Bitcoin Price and Ethereum Struggle, CEL and RVN Surge
14.9.2022
Bitcoin price found support near the $20,000 level after a strong decline. BTC is currently (11:10 UTC) consolidating above $20,000. It could start a fresh increase if there is a clear move above $20,800.
Similarly, most major altcoins are consolidating near support zones. ETH is struggling...
Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos
13.9.2022
Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, according to a new study
Bitcoin, Ethereum Technical Analysis: BTC Hits Fresh 3-Week High, Ahead of US Inflation Report
13.9.2022
Bitcoin rose for a seventh consecutive session on Tuesday, as the token moved to a three-week high. The price surge came ahead of this afternoon’s U.S. inflation report, which is expected to come in at 8.1% for August. Ethereum continued to trade lower in today’s session,...
Terra’s LUNA Tumbles More Than 30%, Making U-Turn From Surge
12.9.2022
The price action in LUNA and LUNC tokens looks more like that of meme tokens such as DOGE and SHIB
Biggest Movers: ADA, SAND Surge to Multi-Week Highs on Saturday
10.9.2022
Cardano was one of Saturday’s notable gainers, with the token surging to a three-week high. The sandbox was also in the green, rising to a multi-week peak, as sentiment in the cryptocurrency market remains mostly bullish. Overall, the global crypto market cap is up nearly 2% as of writing....
Bitcoin and Ethereum Eye Fresh Surge, LUNC Extends Rally
9.9.2022
Bitcoin price remained stable and climbed above USD 19,000. BTC is currently (04:00 UTC) eyeing an upside break above the USD 19,500 resistance. If the bulls succeed, the price could rise 4%-5%.
Similarly, most major altcoins might start a steady increase. ETH might climb further above USD 1,650...
Ethereum Merge Could Trigger Surge of interest in Staking and Entice Institutional Buyers
8.9.2022
Ethereum is in the final stages of preparations to switch from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS). This event, which is referred to as the Merge, is expected to have several benefits for Ether (ETH) - the native token of the Ethereum blockchain. ...
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Trademark applications for crypto, NFTs, and metaverse surge in 2022: Report
6.9.2022
Data from March reportedly showed the largest number of U.S. trademark filings in 2022, with 1,078 for NFTs, 604 for cryptocurrencies, and 759 for the metaverse
Biggest Movers: ETC up Nearly 30% on Tuesday, as Merge Timeline Is Set
6.9.2022
Ethereum classic was a notable mover in today’s session, as the token rose by nearly 30% on Tuesday. The surge comes as it was confirmed that the Ethereum merge event will take place next week, between September 13-15. Another big mover was avalanche, which rose by over 8% earlier today....
Ethereum Classic Hashrate, Prices Surge as Miners Prepare for Post-Merge Reality
6.9.2022
Futures tracking the tokens logged some $27 million in liquidations in 24 hours – second only to Ethereum and ahead of bitcoin futures, which usually see the highest liquidations