A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Inflation concerns persist as the U.S. Bureau of Labor Statistics gears up to unveil the April Consumer Price Index (CPI) data on May 15. The projections suggest that April’s CPI could range between 3.3% and 3.4%, the figures could amplify worries about inflation running higher than the Federal Reserve’s target
May 13, 2024 1 min read
Bitcoin’s ride continues as the cryptocurrency market experiences sharp turbulence. After soaring to almost $63,500 on May 10th, Bitcoin suddenly nosedived by over $2,000 within some hours. This rapid and unexpected drop has rattled investors, raising concerns and leading to the liquidation of approximately $132.58 million worth of long positions.
May 11, 2024 1 min read
Toncoin (TON) has emerged as a standout performer in the cryptocurrency market, defying bearish trends to surge by an impressive 198% since the start of the year, reaching new highs around $7.2. Despite a bearish trend since April 11, TON’s price surged by 9.7% in the last 24 hours, rising
May 11, 2024 1 min read
While the global crypto market is experiencing a decline, THORChain, the liquidity protocol native token RUNE, surged over 13% in the past 24 hours, rising from $5.35 to $6.11 and claiming a top spot among gainers. The token had been relatively stable, trading within the range of $4.95 to $5.54
May 9, 2024 1 min read
Former U.S. President Donald Trump has announced plans to accept cryptocurrency donations for his 2024 presidential campaign. The declaration, made at an exclusive dinner for buyers of his Mugshot Edition NFTs, signals a notable shift in political fundraising strategies. Trump expressed a firm commitment to facilitating cryptocurrency contributions, positioning himself
May 9, 2024 2 mins read
In response to the surge in global crypto interest, regulatory bodies in many countries are tightening their oversight to prevent violations. Recently, the Indonesian government’s Commodity Futures Trading Regulatory Agency, known as Bappebti, has taken a proactive step by forming a dedicated committee to monitor the crypto industry. The committee,
May 8, 2024 1 min read
In the ongoing legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC), significant progress has been made as both parties filed their final replies in the lawsuit’s remedies stage. The SEC challenged Ripple’s assertion of acting without recklessness and argued against any “widespread uncertainty” regarding
May 8, 2024 1 min read
OpenSea, the leading NFT marketplace, has experienced a significant downturn, in trading volume for Ethereum-based NFTs. Recent data reveals that the platform has an average daily volume of approximately 600 ETH, marking its lowest point since May 2021, predating the onset of the original NFT bull market. OpenSea is doing
May 8, 2024 2 mins read
Amid a bullish surge in the crypto market, Bitcoin’s rebound from $56,500 to $65,223 has sparked notable optimism. The rally has been further fueled by heightened buying interest in US-listed Bitcoin ETFs, which has not only propelled Bitcoin but also boosted the altcoin market’s recovery from previous setbacks. Among the
May 7, 2024 1 min read
Nigeria has intensified its crackdown on cryptocurrency trading in the country’s currency, the naira, to combat what it perceives as detrimental effects on the struggling local economy. The Securities and Exchange Commission (SEC) has announced plans to implement new regulations targeting crypto exchanges and other sectors of the industry. The
May 7, 2024 1 min read
