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Search Results for: inflation

Primex Launches Its Protocol’s Alpha Version On Testnet

Primex Finance, a DeFi prime brokerage protocol, has announced the launch of the alpha version on its testnet. This version will let the users access and test the on-chain features of its upcoming mainnet. With this launch, the protocol progresses into its final phase of testing. Primex was founded in

May 10, 2022 2 mins read

Bitcoin (BTC) Price Plummets, Raising Fear of Further Bear Dominance

There is “Extreme Fear” on the Crypto Fear and Greed Index. BTC might fall to levels not seen since late 2020. With Bitcoin falling to a low of $33,393.61, things only worsened the cryptocurrency. This year’s lowest level for Bitcoin (BTC) has sparked worries that the digital currency will challenge

May 9, 2022 2 mins read

Argentina Banks To ‘Call A Halt’ To All Crypto Operations

The IMF provided a fund facility of $45B to Argentina in May 2020. In March, the monthly inflation rose up to 6.7% in Argentina. Argentina’s inflation rates are spiking up at an alarming rate. As reported by INDEC, its national statistical agency, the inflation rate reached an all-time high at 55.1%.

May 7, 2022 2 mins read

Binance CEO CZ Calls Crypto Safer Than Fiat

Based on analytic data showing a tiny fraction of illegal adoption, Binance CEO and founder Changpeng “CZ” Zhao believes that cryptocurrencies are safer than fiat money. Crypto is safer than fiat. Chainalysis: Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction volume in 2021. United Nations: estimated money laundered

May 7, 2022 2 mins read

Bitcoin (BTC) Price Plummets 10% Following Sharp Decline on Wall Street

The Bank of England issued a warning on inflation on Thursday. 97% of the firms included in this S&P 500 were losing money. Coincident with the sharp decline on Wall Street, Bitcoin’s price fell to its lowest level in more than two months. As per CMC data, BTC prices fell

May 6, 2022 2 mins read

The Flippening – Ethereum Has Overtaken Bitcoin in 26% of Countries Worldwide

London, England, 5th May, 2022, Chainwire   London, UK, May 4th 2022 – CoinText.com have compiled a study of the popularity of cryptocurrencies across nations, which concludes that Ethereum investors outnumber Bitcoin investors in 26% of countries worldwide, including the USA. This provides fresh impetus to the The Flippening debate,

May 5, 2022 2 mins read

Bitcoin (BTC) Prices Plummet Following Stock and Equities Fall

Weak results from key technology corporations fueled the most recent fall in the Nasdaq. Investors also sold down Microsoft shares ahead of the company’s earnings call. In the wake of the Bitcoin (BTC) plunging on Wednesday, the crypto market saw a significant exodus of investors. As a result, the token’s

April 27, 2022 2 mins read

Top 3 Coins Worth Looking Out in April 2022

Let us look at the top 3 coins worth considering in April 2022 Ethereum (ETH) Ethereum’s price continued to fall under the $2,850 support level and rebounded recently to the $3K mark. Ethereum’s “merge,” a significant update to its blockchain in June, was meant to be only a matter of

April 26, 2022 2 mins read

Ethereum (ETH) Price Rebounds Still Trading Under $3K Psychological Level

“The Merge” won’t happen in June, Beiko tweeted on April 11. Ethereum has been up 0.23% in the last 24 hours. The recent drop in the previous seven days has kept the price of Bitcoin below $40,000. Several causes contributed to the decline in price, including an increase in inflation,

April 25, 2022 2 mins read