U.S. Consumer Price Index (CPI) numbers for May 2023 were issued by the Bureau of Labour Statistics on Tuesday. The authorities said that the CPI for all urban consumers grew 0.1% in May after adjusting for seasonal factors and increased by 4% over the previous 12 months. As a result,
New Feature Helps Investors Track the Performance of the NFT Market or Specific Market Segments NEW YORK–(BUSINESS WIRE)–Upshot, a firm building financial infrastructure for NFTs and other traditionally illiquid assets, announced the launch of Upshot Indexes, a new feature within the Upshot platform that allows NFT financialization projects to use
Investors are fleeing Binance and its sibling business Binance US because of their legal problems with U.S. authorities. Kaiko, a cryptocurrency analytics business, reports that since the SEC complaint was filed last week, market depth on the US sibling exchange has dropped by roughly 80%. Binance and its US-based sibling
As the cryptocurrency market continues to evolve, several prominent tokens are scheduled for major unlocks in the coming week. These unlocks have the potential to significantly impact the supply and market dynamics of the respective cryptocurrencies. ⚡️Upcoming Token Unlocks12 June 2023 During this week, $BIT, $BLUR, $APE, $UNI, and $FIL
DUBLIN–(BUSINESS WIRE)–The “Global Non-Fungible Tokens Market Size, Share, Growth Analysis, By Type, By Application, By End-Use – Industry Forecast 2023-2030” report has been added to ResearchAndMarkets.com’s offering. The global Non-Fungible Tokens (NFTs) Market size was valued at USD 16 billion in 2021 and is poised to grow from USD 21.39
Ethereum (ETH) has established itself as a prominent player, captivating investors and enthusiasts alike. Glassnode Alerts, a leading data analytics platform, recently reported that the number of profitable ETH addresses had reached a one-month low. However, Ethereum’s price has experienced a modest 1.14% increase amidst this decline, currently trading at
As June 2023 has started out with a bear market, it just keeps on continuing with the same. However, the blockchain platform named Solana (SOL) had remarked an utter loss over a month of analysis. According to CoinMarketCap, SOL is pricing at $15.79 with a 25.23% decrease over the last
The cryptocurrency market is in turmoil, with a significant 7% drop pushing it below the $1 trillion threshold. It’s a real massacre, partly precipitated by Securities and Exchange Commission (SEC) measures. Amid this turmoil, Bitcoin, the reigning champion, dropped 3.75% to $25,500. while Ethereum, the runner-up, plummeted 6.9% to nearly
Reports highlight notable transfers of LINK, suggesting the involvement of whales and institutions in a potential dumping trend. A substantial amount of 451,135 LINK, valued at $2.26 million, deposited by a whale into Binance. And also the latest reports reveal that a significant majority of Chainlink holders, approximately 88%, currently
Last week, the cryptocurrency market once again found itself under the microscope. The Securities and Exchange Commission (SEC) filed a series of lawsuits, causing ripples across the digital currency landscape. Consequently, Bitcoin (BTC), Ethereum (ETH), and even Tether (USDT) saw fluctuations in their market performance. Interestingly, the most significant shakeup
