Bitcoin, the most valuable cryptocurrency in the world by market capitalization, is expected to experience increased selling pressure if mining companies begin declaring bankruptcy, according to cryptocurrency analytics firm Messari. Public Bitcoin miners have been compelled to liquidate their shares to fund their activities. Due to a double dose of ill luck following the rising […]
The Bank of Japan kept its ultra-low interest rates and dovish posture on Friday, which caused the Japanese yen to tremble. Meanwhile, the dollar battled to cling to its gains from the previous day as the anticipation of a change in outlook by the Federal Reserve grew. In the wake of the central bank’s decision, […]
A day before the central bank is scheduled to convene to decide on interest rates, the Russian ruble (RUB) recorded some price gains in the early trading session on Thursday. In the mid-London session today, the ruble was up 0.4% against the dollar (USD) and was at 61.57 against the euro (EUR), both of which […]
The crypto market had a significant crash, but some assets are now showing signs of recovery. In the most recent bullish movement, Ethereum (ETH) rocketed up by 14% while Bitcoin (BTC) increased by 5% to retake the $20K region. In the most recent bullish movement, Ethereum rocketed up to 14% while Bitcoin (BTC) increased 5% […]
As Britain’s new Prime Minister, Rishi Sunak, convened his first cabinet meeting on Wednesday amid rumors that he could postpone the release of a plan to fix the nation’s public finances, the pound rose to six-week highs. Sunak came into office on Tuesday, promising to correct his predecessor’s errors and restore economic stability while warning […]
The cost of the second-largest virtual currency, Ethereum, is at $1.450, up 8.5% over the previous day. For over a month, the ETH market has lurked in consolidation between $1.405 and $1.240. Although it’s too soon to say whether ETH has permanently left that trading range, this is the first time the price of the […]
The cryptocurrency community is bullish on Ethereum (ETH), the second-largest cryptocurrency in terms of its price at the end of November, as the market for cryptocurrencies continues to trade in calm waters with its key assets registering little volatility. According to the recent data obtained using a ‘Price Estimates’ tool on October 25, the community’s […]
As traders anticipated a perhaps less aggressive Federal Reserve, the U.S. dollar fell to lower levels in the North American trading session on Tuesday. Sterling gained from the elevated risk mood as Rishi Sunak got ready to become the next prime minister of Britain. The Dollar Index, which measures the value of the dollar against […]
Binance is on the verge of apprehending the hacker(s) responsible for the theft of $570 million in Binance tokens from the BSC Token Hub. In an interview about the event, Binance CEO Changpeng Zhao stated that they now have information from law enforcement authorities that may aid in locating the hacker(s). Recent studies by Chainalysis […]
