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Search Results for: inflation

Bitcoin Crashed – Will It Hit the Lowest of Lowest?

The price fell under $ 25k, the $ 24900 low was met as the day started. The market cap also hit $ 479.29B with a volume to be $ 45 B. The bear trend in the crypto market seems to be never-ending as of now. The previous week started with

June 13, 2022 2 mins read

Bitcoin (BTC) Price Plummets to Its Lowest Level Since Late 2020

During the previous two days, the price of Bitcoin (BTC) has fallen by 20%. Celsius has banned withdrawals for users in a shocking move. Over the weekend, Bitcoin (BTC) lost ground, falling to its lowest level since late 2020 as a wave of sell signals pushed the token down. During

June 13, 2022 2 mins read

Bitcoin (BTC) Dumps With The U.S May CPI at 8.6%

The U.S CPI for May accounts to rise by 8.6%. BTC drops by $500 instantaneously. The rise of CPI leads to the slumping down of BTC.  Just when the Bitcoin (BTC) sees the limelight at touching the $30K benchmark, after a hectic period of market crash, tragedy strikes back again. 

June 10, 2022 1 min read

Bitcoin (BTC) Price Lane Tracked Down Till June 2022

Bitcoin achieved its all-time high of $68,789.63 in November 2021. Bitcoin reached 19M circulating supply, now it has left only 2M supply. BTC currently signaling the Buy trend. The king of cryptocurrency Bitcoin (BTC) which is holding 46% of the market share facing a downtrend. BTC recovering from the winter

June 10, 2022 2 mins read

Thetanuts Finance Launches Stronghold Index Vaults in DeFi

An index vault that provides non-inflationary returns and risk management has been launched by the ThetaNuts Finance platform that streamlines the process of options trading. The launch of the ThetaNuts Stronghold index vault was announced today. By depositing their assets directly into DeFi Option Vaults, Thetanuts Stronghold allows consumers to

June 7, 2022 2 mins read

Justin Sun Backs Over Collaterization of TRON USDD Stablecoin

There was a 218 percent collateralization ratio as of Monday. TDR’s homepage displays $787 million in Bitcoin, Tether, and Tron’s TRX reserves. As TerraUSD ran into problems, Tron, which released the USDD algorithmic stablecoin last month, hopes to avoid the same issues with its own currency. According to the data

June 6, 2022 2 mins read

Bitcoin (BTC) Price Consolidates Below $30K Level

The commentators have predicted that the current bear market will persist for longer. The price of BTC might fall between $22K and $24K. The Bitcoin (BTC) price has fallen below the $30k threshold yet again. The price of Bitcoin (BTC) recently had crossed the $32K mark. On the other hand,

June 4, 2022 2 mins read

Reserveum Has Finished Designing an Ever-rising in Price Rsm Token

RESERVEUM is an international group of crypto evangelists busy designing a protocol for a non-custodial token with a price that would keep up with the world inflation. As of May 2022, the Reserveum Analytical Group has spent a year developing a token that would solve the problem of safe settlements as

June 3, 2022 2 mins read

JPMorgan CEO Jamie Dimon Warns of an Impending Economic Hurricane

Dimon predicted that oil prices might rise from $150 to $175 a barrel. The CEO was emphatic in his warning that “wars go bad.” During a financial conference hosted by Alliancebernstein Holdings on Wednesday, Jamie Dimon, CEO of JPMorgan & Chase, warned of an impending economic hurricane. Dimon exclaimed, “It’s

June 2, 2022 1 min read

Crypto Market Falls Again to $1.29T, As Bitcoin Bulls Revert Back

The crypto market has resumed its decline yet again, dropping to nearly $1.29 trillion in value. According to CoinGecko, the market lost nearly 6% of its market cap in the last 24 hours. Roughly, $83.5 billion USD was wiped out since Wednesday. As per the data from Coinglass, a crypto-related

June 2, 2022 2 mins read