Ahead of an important week of central bank meetings and data, the euro (EUR) grew weaker on Monday as the US dollar (USD) saw some bullish momentum. Central Bank Data From the US, Europe, and Britain to Determine Market Dynamics Leading the pack are the Federal Reserve, the European Central Bank (ECB), and the Bank […]
To reassure customers that the assets housed on the platform are backed at a 1:1 ratio, Crypto.com, a prominent Singapore-based worldwide centralized exchange, has publicly posted its Proof of Reserves. The new “Proof of Reserves” revelation from Crypto.com comes at a time when investor comfort is required in the wake of the FTX meltdown. The […]
As worries over the state of the American economy returned on Friday, the dollar (USD) dipped against a basket of foreign currencies ahead of a Federal Reserve meeting on interest rates next week. Investors are anticipating rate decisions from the Fed, the European Central Bank (ECB), and the Bank of England (BoE) next week after […]
Cardano Price is succumbing to selling pressure. The token price is fighting back as the Fed keeps tightening its policy. More inflation before this year runs out could put the digital asset in an awful position. Investors are warned against clinging to hope for 2023. Jim Crammer, an American TV personality, advises investors to sell […]
Cardano (ADA), one of the most used smart contract blockchains, saw a 15.6% increase in daily active users in November, despite the collapse of the prominent cryptocurrency exchange FTX, according to research released by crypto analytics company CryptoCompare. Following the implosion of FTX, customers were increasingly shifting their assets away from centralized cryptocurrency platforms and […]
According to a Reuters poll, the Canadian dollar (CAD) will grow over the course of the next year as key commodities user China relaxes COVID-19 restrictions and the Federal Reserve may have finished its interest rate hike campaign. Since the beginning of 2022, the loonie has lost nearly 7% of its value against the US […]
There is little doubt that the BNB ecosystem has attracted favourable media coverage during the past several weeks. As a result of the fall of the FTX empire and the decline in faith in other centralised exchanges (CEX), many cryptocurrency owners have shifted in large numbers to more personal options. Binance apparently saw an increase […]
Ripple is looking for a way out as the price is still set up for a bearish run. The crypto traders are primarily focused on the result of the US securities and exchange lawsuit filed against Ripple. However, the judge is still under a lot of pressure as we wait for a summary judgment. The […]
Cardano (ADA) smart contracts have been used more than 300% more this year than they were at this time last year, according to data posted by popular crypto influencer account Altcoin Daily. Charles Hoskinson, the founder of Cardano, mocking those who frequently view ADA transactions as phantoms, remarked sarcastically, “Ghost scripts.” The Amount of #Cardano […]
