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Search Results for: crypto market

Top Exchange Is Under Investigation; Possing Next Challenge for Crypto Market?

The U.S. Justice Department’s national security division is investigating Binance Holdings to determine whether the cryptocurrency exchange was illegally utilized to allow Russians to move funds through it in violation of US sanctions related to Russia’s invasion of Ukraine, as per the Bloomberg report. This is not the first time

May 6, 2023 1 min read

Crypto Market Reacts Positively as ECB Raises Interest Rate by 25 Bps

Key interest rates were increased by the European Central Bank (ECB) by 25 basis points (bps) at its May 4 meeting, signaling a moderating pace of policy tightening. In April, Euro Area inflation hit 7%, while the underlying rate has remained at a record high of 5.6%. Following a similar

May 4, 2023 1 min read

Crypto Market Rebounces as U.S Job Openings Fell by 9.6 Million

Job opportunities in the United States dropped by 9.6 million in March, according to data from the Bureau of Labor Statistics, below market forecasts of 9.775 million. Due to increasing interest rates, job openings have dropped to their lowest level since April 2021. Bitcoin’s price shows continued volatility, as it

May 2, 2023 1 min read

Crypto Market Needs Regulation to Attract Institutional Money, Says Kevin O’Leary

Kevin O’Leary, the Canadian businessman known as Mr. Wonderful, stated that no new money is coming into Bitcoin and crypto from institutions until there’s regulation.  In an interview with YouTuber Kevin, O’Leary stated that Bitcoin is locked in purgatory and has been trading between $17,000 and $30,000 for a long

April 28, 2023 1 min read

Top NFT Marketplace Blur Shows Bullish Trend in the Crypto Market

Blur price is showing bullish trend in the crypto market by surging over 5% in a day. According to CoinMarketCap, the Blur price is trading at $0.694 with a 24-hour trading volume of $171,550,252 at the time of writing. Notably, the price surge came after the crypto analyst Ben GCrypto

April 27, 2023 2 mins read

US SEC’s Pressure on Regulations Drags Down the Crypto Market

According to reports, the cryptocurrency market faces increased scrutiny from regulators worldwide. The US SEC has been particularly active in regulating the market. And also their pressure on regulations is now impacting the crypto market. This has led to uncertainty among investors and caused the market to fluctuate. The SEC

April 25, 2023 2 mins read

Will Memecoin Domination in the Crypto Market Continue for Upcoming Week?

As the crypto market continues to evolve, investors and traders are constantly seeking to identify new coins to invest in. Memecoins, in particular, has gained significant attention in recent times.  These memecoins dominated the crypto market. So what can expected for the upcoming week? Will it continue to dominate the

April 23, 2023 2 mins read

Good Gensler (GENSLR) Memecoin Shocks Crypto Market with its Massive Surge

Memecoins have been dominating the crypto world in recent times. The week witnessed the continuous launch of the memecoins PEPE, Wojak, and CHAD. Now a new one has been added to the list.  The cryptocurrency named Good Gensler (GENSLR) has shown a massive increase in the crypto market. The new

April 23, 2023 1 min read

Shiba Inu (SHIB) Made a Historic Move in the Crypto Market

In recent times, the popular memecoin Shiba Inu has made a significant impact in the crypto world. The memecoin continues to dominate the crypto market. The change in the Twitter logo to DOGE by Elon Musk makes memecoin the talk of the town. Following that, a mysterious Shiba Inu whale

April 19, 2023 2 mins read

Crypto Market Rallies as U.S PPI Declined 0.5% in March 2023

Following March’s disappointing Consumer Price Index (CPI) statistics, the U.S. Bureau of Labor Statistics revealed Thursday that the PPI for final demand fell 0.5% in March. A 0.1% increase in the PPI was predicted for March, therefore the 0.5% increase was unexpected. Inflation as measured by the PPI in March

April 13, 2023 1 min read
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