The cryptocurrency market has sustained a downward trajectory over the past week. The overall market has seen a decline of 3.6%, coupled with a significant 27% decrease in trading volume compared to the previous week. Despite this gloomy backdrop, hope flickers among traders, largely fueled by the resilience of select
Inflation concerns persist as the U.S. Bureau of Labor Statistics gears up to unveil the April Consumer Price Index (CPI) data on May 15. The projections suggest that April’s CPI could range between 3.3% and 3.4%, the figures could amplify worries about inflation running higher than the Federal Reserve’s target
Amid the crypto market uncertainty, Internet Computer (ICP), the Graph (GRT), and the most watched of all, ETFSwap (ETFS), have emerged as the leading DeFi coins that can 100x crypto investors’ portfolios in the bull market. Decentralized finance (DeFi) remains one of the biggest liquidity ecosystems and the fastest-growing industry
Due to a precipitous drop in transaction volumes, Bitcoin’s on-chain activity has been approaching record lows throughout the last two months. This slump follows Bitcoin’s all-time high earlier this year and is more a result of market uncertainty and apprehension than a foreshadowing of future price declines. The on-chain transaction
Bitcoin (BTC) has been yet again endorsed by Rich Dad Poor Dad author Robert Kiyosaki. Despite his penchant for making such predictions, he is of the opinion that the cryptocurrency may mitigate the effects of the US dollar downfall this time. South Africa is one of the original members of
The tales of early crypto investors, particularly those who invested in XRP, striking it rich, have become almost legendary. One notable story is that of an office worker who, back in 2019, put $20,000 into XRP at just $0.20 a coin. This bold move escalated his finances to new heights,
Investors are waiting anxiously for important economic data to help them navigate the volatile cryptocurrency market. Important data, such as the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI), is set to be released soon and might affect market dynamics, especially given the current gloomy sentiment in the
Reports indicate that the US Department of Justice (DOJ) has entrusted the international consultant company Forensic Risk Alliance (FRA) to oversee Binance’s compliance with regulatory mandates for the next three years. As part of its November 2023 plea bargain, Binance admitted to federal accusations of money laundering and paid a
In the dynamic world of cryptocurrencies, where innovation is the norm, and rapid price movements are commonplace, one token has emerged as a potential game-changer. Meet Hump, the Solana competitor trading below $0.01 but primed for a staggering 5000% rally in 2024. In this article, we’ll delve into the intricacies
In the fast-paced world of cryptocurrency trading, where fortunes are made and lost in the blink of an eye, the predictions of seasoned traders can often hold significant weight. In May 2024, an expert trader made headlines with a bold forecast: a staggering 1500% jump for a viral Solana meme
