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As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
28.6.2021
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling...
Bitcoin and Ethereum Spike Higher, Altcoins Start Recovering
23.6.2021
Yesterday, bitcoin price extended its decline below the USD 30,000 support zone. BTC tested the USD 28,800 zone before it started a major increase. It is currently (04:40 UTC) testing the USD 34,000 level.
Similarly, most major altcoins are recovering. ETH dropped towards the USD 1,700 level before...
Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals
14.6.2021
Cyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming...
One River Digital sees spike in demand for carbon neutral Bitcoin
10.6.2021
After introducing a new carbon-neutral system for Bitcoin investment in April, One River Digital has already applied for a carbon-neutral BTC ETF
Netflix Cowboy Bebop's Existence Now Justified By New Yoko Kanno Music
8.6.2021
On Tuesday, Netflix announced that Yoko Kanno, the musical genius behind Cowboy Bebop’s soundtrack, will be producing original tunes for the Netflix live-action adaptation of the hit anime series.Read more
Dogecoin Price Analysis: Will Current Spike Turn Into Bull Run?
2.6.2021
Dogecoin has shown a fair share of profit booking but shows signs of retracement. For the near term, DOGE is trading well above its consolidation zones and is currently fighting sellers at the first resistance. The price momentum, reversal in price action, and breakout are all positive aspects...
Bitcoin Hashrate Slides- Low BTC Prices, Sichuan Wet Season, Upcoming Difficulty Spike to Blame
20.5.2021
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with alleged power outages in Sichuan, China, and...
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
17.5.2021
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners...
Summer shorts: NANO price spike gives traders a chance to bet against the rally
15.5.2021
Bearish signals flashed bright red as NANO went on a tweet-induced (but short-lived) rampage. How can traders take advantage of social media-driven crypto rallies?
While Bitcoin’s Price Slumps the Network’s Mining Difficulty Reaches a Lifetime High
13.5.2021
After bitcoin prices took a hit following Tesla’s recent u-turn, Bitcoin’s mining difficulty jumped over 25 trillion, the highest the metric has seen during the protocol’s lifetime. The mining difficulty spike follows the recent 12% difficulty drop the network experienced...
‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’
7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...
Made In Abyss Game Gets Slapped With Adults-Only Rating In Japan
6.5.2021
Surprised? If you’ve seen the Made In Abyss anime, you might not be. The video game adaptation has just been given a CERO-Z. That’s Japan’s adults-only, 18-years-old-and-up rating.Read more
South Korea’s Bitcoin ‘Kimchi Premium’ Reappears, Korbit and Bithumb Exchange Volumes Spike
26.4.2021
During the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global exchange rates over the last two weeks. On Monday, as bitcoin prices spiked 8% higher surpassing the $54k zone,...
Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months
16.4.2021
The popular meme-based crypto-asset dogecoin has seen phenomenal gains during the last few days. On August 16, 2021, the digital currency featuring the likeness of the Shiba Inu dog tapped an all-time high at $0.44 per token. However, the cost to send a transaction in dogecoin has jumped to that...
‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’
16.4.2021
Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about...
Oracle Projects Surge in Value: Weekly Stats Show LINK, Band, DIA, API3 Captured 2-Digit Gains
5.4.2021
Following the boom of non-fungible tokens (NFT) tied to NFT marketplaces and tools, oracle-based tokens are now seeing their valuations rise. During the last seven days, a number of oracle tokens have seen steep gains between 7% to even 45%. Oracles Token Projects See Seven Day Gains Jump Not...
Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
26.3.2021
Digital RMB testing for cross border payments and electric vehicles continues, sentiment takes a dive and blockchain events return to meatspace
Bitcoin searches in Turkey spike 566% after Turkish lira drops 14%
22.3.2021
Searches for Bitcoin emanating from Turkey exploded after news broke regarding the 14% plunge in the value of the Turkish lira
Altcoins spike to new highs while Bitcoin bulls aim to recapture $57K
16.3.2021
Terra (LUNA), Basic Attention Token and Cardano spiked to new highs as Bitcoin and Ethereum attempted to recover from their recent correction
‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway
5.3.2021
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal...