The largest cryptocurrency, Bitcoin ($BTC), starts the week with significant price changes. BTC soared more than 9.5% in the last 24 hours after plunging as low as the $19 range over the weekend. Also, the biggest altcoin, Ethereum ($ETH), rose by almost 10%. The price of Bitcoin is skyrocketing as
Global cryptocurrency market has fallen down below the long-maintained $1 trillion market cap. The present crypto market capitalization is $928,980,961,277, which is quite frightening. Trading volume in the last 24 hours is $68,881,759,540. If the crypto scenario is studied excluding the Bitcoin (BTC) contribution, the market cap is $544 billion.
Over $2.7 billion net inflows Record global AUM over $87 billion NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for February 2023, including assets under management (AUM) and flow data by asset class. Monthly Commentary: A continuation of strong organic growth positions WisdomTree for
Today’s major mover was Ripple native cryptocurrency XRP, as prices surged for a fourth day of a green candle in a week. Less than 24 hours after trading at a low of $0.3864, XRP/USD soared to an intraday high of $0.3957. Following the recent rally, the 4th largest altcoin XRP,
Are the dramatic rise and consecutive demise of bullish rallies of assets in the stock market or the highly volatile crypto market normal? Do they indicate any specific economic phenomenon? Have these questions ever popped into your mind? Here are the answers – No, it is not normal to observe
SEATTLE–(BUSINESS WIRE)–Nori, the leading end-to-end marketplace for scalable carbon removal, today announced the launch of a public Web3 platform that makes carbon removal purchases by companies and their customers simple and nearly-instantaneous. With this launch, Nori’s carbon removal marketplace migrates to Polygon and accepts USDC. It will support companies and
The U.S. dollar turned slightly up today as traders and investors await the Federal Reserve Chair Jerome Powell’s testimony ahead of the last week’s jobs report, which will probably determine how much further the U.S. central bank raises interest rates. According to the Federal Reserve government report, Fed Chairman Jerome
Another crypto industry giant Silvergate Capital is in danger of collapsing less than four months after Sam Bankman-Fried’s crypto exchange FTX and its sister company Alameda Research filed for bankruptcy. The global cryptocurrency market cap plummeted from $1.13 trillion to $1.02 trillion in just three days. The warning spread throughout
The trillion-dollar cryptocurrency market is being bombarded with a mix of events – regulation updates, delistings, new listings, and high price spikes owing to soaring community hype. Remarkably, since the start of 2023, memecoins swayed the crypto sector with its new launches and upcoming updates. Let us now have a
Following prominent crypto exchanges such as the Coinbase announcement, which made its distance with Silvergate bank, Bitcoin, Ethereum, and the rest of the cryptocurrency market have taken a significant blow. A sharp decline in the price of Bitcoin and across the global crypto market has sparked a flood of liquidations.
