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Search Results for: Cryptocurrency

Anchorage Digital Fires 20% Staff Announcing Strategic Layoff

Due to the drastic previous year and collapse of multiple behemoths including FTX, Anchorage Digital is the latest cryptocurrency company to announce strategic layoffs. The firm has had to lay off around 75 employees, or 20% of the total workforce. A corporate spokesperson informed that the layoffs are unconnected to

March 15, 2023 1 min read

Top Trending Cryptocurrencies – Price Trend Analysis

Following the Fed’s CPI data release on Tuesday, the global crypto market is rebounding by displaying bullish rallies. Since the onset of 2023, memecoins and AI-based crypto tokens dominated the trending lists on Twitter and various aggregator feeds – CoinMarketCap and Coingecko. Significantly, Bitcoin and Ethereum reclaimed the ranks and

March 15, 2023 4 mins read

TeraWulf Addresses U.S. Bank Closures

EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more than 91% zero-carbon energy, today confirmed that it does not hold any cash or maintain any accounts at Silicon Valley Bank or Silvergate Capital, and considers

March 14, 2023 4 mins read

Conflux (CFX) Continues Momentum Rising 52% Amid Market Rally

With his reelection, Chinese President Xi Jinping has begun his third term, which will have significant repercussions for domestic Chinese cryptocurrencies like Conflux (CFX). Conflux (CFX) has risen in value for the third day in a row as the cryptocurrency market as a whole experience a recovery in the midst

March 14, 2023 1 min read

Shiba Inu (SHIB) Rallies Rising 6% Post CPI Statistics Release

Shiba Inu (SHIB), the second biggest meme currency, rose in value by 6% during the last day. After the recent bank failures in the United States, the positive momentum indicates a rebound. At press time, Shiba Inu was worth $0.00001170, according to statistics from CMC. The market cap of SHIB

March 14, 2023 1 min read

John Richmond Enters SHIB The Metaverse as Premiere Fashion Partner

Rock & Roll Fashion Icon’s Latest Innovation Bridges Web3, Digital Wearables and IRL Styles to Super-Strong #ShibArmy in the Shiba Inu Token Ecosystem AUSTIN, Texas–(BUSINESS WIRE)–The renowned rock-style fashion brand John Richmond has officially expanded into the next dimension, as the premiere fashion partner of SHIB The Metaverse. The new

March 14, 2023 4 mins read

Bitcoin Breaches $26k Level as Crypto Market Rallies Post CPI Inflation

The value of Bitcoin (BTC), the biggest cryptocurrency, increased by an astounding 18% during the previous 24 hours to surpass the $26,000 mark. This increase occurs after inflation rates seemed to be leveling off in February. Yet, February’s inflation increase was in keeping with market forecasts. The annual inflation rate

March 14, 2023 1 min read

Bitcoin (BTC) Price Witnesses Rapid Surge Crossing $26K Mark

The United States Consumer Price Index (CPI) data exhibited conflicting inflation indications on March 14, driving Bitcoin (BTC) over $26,000. The announcement of the Consumer Price Index for February triggered an unexpected wave of turbulence. Year-over-year inflation rose by 6%, while inflation from month-to-month came in at 0.4%, which was

March 14, 2023 1 min read

Coinbase Confronts SEC Over Enforcement by Regulation Approach

Since the U.S. Securities and Exchange Commission needs to focus on effective regulations and recommendations relating to securities, rather than erroneous securities cases, Coinbase has submitted an amicus brief in the SEC v. Wahi insider trading case urging the court to dismiss the complaint. According to a tweet sent by

March 14, 2023 2 mins read