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Search Results for: market

U.S Inflation Rises by 3.7%; Crypto Market Reacts Positively

U.S. inflation reached 3.7% annually in August, according to the latest CPI statistics issued today by the U.S. Bureau of Labour Statistics, which beat the consensus expectation of 3.6%. Inflation has risen for two months in a row, according to the most recent figures. The Consumer Price Index (CPI) rose

September 13, 2023 1 min read

FTX’s $3.4B Liquidation Sends Shockwaves Through Crypto Market

The cryptocurrency market has once again experienced a significant surge in volatility following the news of FTX’s impending sale of its crypto holdings, totaling $3.4 billion. This move has placed immense selling pressure on FTX’s major holdings, including Solana (SOL), Ethereum (ETH), and Bitcoin (BTC). FTX administrators have successfully recovered

September 12, 2023 2 mins read

United States Insurance Distribution Technology Market Report 2023-2028: From Mobile Apps to Blockchain – Unraveling the Trends Shaping the Multi-Billion Industry – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “The US Insurance Distribution Technology Market: Analysis By Function, By Application, By Technology Type, By End-User Size & Trends with Impact of COVID-19 and Forecast up to 2028” report has been added to ResearchAndMarkets.com’s offering. The US insurance distribution market was valued at US$195.15 billion in 2022 and

September 11, 2023 8 mins read

Binance NFT Marketplace Ends Support for Polygon Network 

In a significant move, Binance NFT Marketplace has announced it will cease support for the Polygon Network. The change takes effect on September 26, 2023, at 06:00 UTC. This decision aligns with the platform’s ongoing efforts to refine its product offerings. #Binance NFT will be discontinuing The Sandbox NFT Staking

September 11, 2023 2 mins read

Stellar (XLM) Shines With 18% Gains Amidst Market Uncertainty

The entire crypto market is currently marked by high volatility, contributing to it, the global crypto market cap stands at $1.04 trillion, with a slight 0.26% increase over the last day. The total crypto market volume over the past 24 hours has decreased significantly, down by 41.47%, to $16.89 billion,

September 9, 2023 2 mins read

Toncoin (TON) Price Maintains Bullish Momentum Defying Market Trend

The Open Network Foundation (TON Foundation) has announced its formal start as a Swiss non-profit organization. This is in order to aid in the development of The Open Network (TON). The ability of the TON Foundation to effectively plan, strategize, and implement its purpose to promote the TON ecosystem is

September 7, 2023 2 mins read

Liquid Staking Soars Despite Overall Crypto Market Downturn

Bloomberg says that one subset of the crypto industry, ‘liquid staking,’ has seen a stunning revival, almost reaching its all-time high.  Assets held in liquid staking services increased by a remarkable 292% to $20 billion, recovering from a crisis in June 2022, when the larger digital-asset market was in an

September 5, 2023 1 min read

Cardano’s (ADA) On-Chain Growth Shines Amidst Crypto Market Turbulence

Cardano (ADA), one of the leading blockchain in the cryptocurrency market, is defying broader market trends as it experiences a remarkable surge in its on-chain transaction volume, with an increase of over 1700% since late January. Despite a comparatively gloomy market value when compared to its April highs, Cardano’s performance

September 4, 2023 2 mins read