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Demand for High-Yield Crypto Savings Products to Surge, BitMEX Predicts
18.2.2022
Demand for savings products that yield far higher returns than what can be achieved in traditional markets is expected to surge, as more people realize that inflation is eating away at their savings, crypto derivatives exchange BitMEX has said in a new report....
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Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,000 to Start the Weekend
12.2.2022
Ethereum dropped below $3,000 to start the weekend, as cryptocurrency prices fell for a second consecutive day. Bitcoin was also lower, giving up some of this week’s gains in the process. Bitcoin Following a surge to a high above $45,000 to start the week, bitcoin prices fell for a third...
AXS, RON and SLP surge after Axie Infinity developers revamp the project’s tokenomics
10.2.2022
Axie Infinity developers recently announced changes to the platform’s play-to-earn gaming economy, triggering a strong rally in RON, SLP and AXS
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth
10.2.2022
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate After Monday’s Surge
8.2.2022
Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to multi-week highs. BTC climbed to $45,000, with ETH moving to $3,200. Bitcoin Bitcoin prices were marginally below yesterday’s high, as profit takers look...
Commodity Surge Help AUD and NZD Start a Rally
8.2.2022
The week commenced with AUD and NZD trying to sustain a rally with the recent commodity surge. The Australian dollar cemented itself to 0.7131 dollars, securing a 0.7% growth overnight. Similarly, the Kiwi dollar stood around 0.6635 dollars after hiking 0.3% overnight. Both currencies are barely...
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $43,000 After Tesla Announcement
7.2.2022
Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitcoin Bitcoin, which consolidated for the majority of last week, moved closer to a three-week...
Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency
7.2.2022
Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of hardware theft have also...
Bitcoin Nears USD 43K, Ethereum Still Above USD 3K, DOGE and SHIB Surge
7.2.2022
Bitcoin price started a strong increase and cleared the USD 40,000 resistance. BTC even surpassed the USD 42,000 resistance. It is currently (04:21 UTC) showing positive signs and is trading above USD 42,800 after increasing 3% in a day and 13% in a week.
Similarly, most major altcoins...
Metaverse tokens surge after Meta tanks, Dorsey roasts Diem after it shuts down, a new malware can target 40 browser wallets: Hodler’s Digest, Jan. 28-Feb.5
5.2.2022
Bitcoin and Ethereum Move Higher, Altcoins Surge
4.2.2022
Bitcoin price remained well bid above the USD 37,000 level. BTC started a decent increase and cleared the USD 38,000 resistance before moving lower again. It is currently (11:54 UTC) up around 3% in a day and is trading near USD 38,000....
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Rise of Web3: Metaverse tokens surge as Meta’s share price plunges
4.2.2022
Decentralized Metaverse tokens have made steady gains this week, despite a dump in the stock price of Meta Platforms
Tezos transactions and smart contract activity surge on NFT demand
2.2.2022
Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity
US Federal Trade Commission Warns About Cryptocurrency Scams Using Social Media
1.2.2022
The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocurrency investments — an area that has seen a massive surge...
BTC Dips as Federal Reserve Prepares for Interest Rate Surge
28.1.2022
Bitcoin recently dipped in market value as the Federal Reserve confirmed what everyone has been speculating for over a month. The central bank recently announced that it would increase the US interest rates from March. Similar to other financial tools, the largest crypto in the market suffered from...
Net Inflows Into Largest Gold ETF Surge Amidst Falling Stocks and Crypto Prices
26.1.2022
Net inflows into SPDR Gold Shares surged to a new record of $1.63 billion, the highest since its listing in 2004. The surge of net inflows into one of the largest gold exchange-traded funds (ETFs) comes against a backdrop of falling cryptocurrency and stock values. Investors More Bullish on Gold...
‘Ponzi Schemes Have Created a Negative Reputation for the Industry’ — Uganda Blockchain Advocate
24.1.2022
Education and awareness campaigns are still viewed as important channels that draw people to cryptocurrencies and blockchain. This has been particularly true in some parts of Africa where bitcoin and other cryptocurrencies are proving to be a useful alternative to fiat currency. Blockchain...
Breaking 'bear market' in Bitcoin demand will spark next BTC price surge — analysts
20.1.2022
Several well-known pundits agree on the power of a potential shake-up in supply and demand for Bitcoin this year
Business Advisory Firm Expects Criminal Cryptocurrency Transactions to Fall by 30% by 2024
17.1.2022
Gartner, an advisory firm, has predicted that criminal cryptocurrency transactions or transfers will fall by 30% by 2024. The firm says factors such as the transparency of the blockchain, as well as the democratization of fraud prevention tools, will contribute to this decline in such transactions....
Bitcoin and Ethereum Struggle, ADA and AXS Surge
17.1.2022
Bitcoin price failed to settle above USD 43,500 and started a downside correction. It traded below USD 43,000 and is currently (04:24 UTC) consolidating near USD 42,800. If there is a downside break below USD 42,500, the bears might take control.
Similarly, most major altcoins are stuck in...