Cryptocurrency started green and fresh as the day began but is ending in the red zone. Every other coin or token in the market is passing through a dip of about 3 to 4% in the hour. Though major crypto updates are pipelined in consecutive days, such as the Ethereum
The United States Department of Labor (DOL) said on Thursday that around 228,000 people applied for unemployment benefits in the week ending April 1. The market had predicted 240,000 jobs would be created, hence this number was below expectations (which was corrected from 191,000). The report also gave the advance
The artificial intelligence (AI) chatbot ChatGPT-4 has been in the news with its most recent upgrade. And this is not only in the cryptocurrency sector. While there is a range of viewpoints on AI, businesses are still using it to better serve their customers. OKX, a cryptocurrency exchange, and Web3
There was a 0.3% rise in U.S. inflation as measured by the Personal Consumption Expenditures (PCE) Price Index in February. This follows a report from the United States Bureau of Economic Analysis (BEA). Market participants had expected a reading closer to 0.4%. Core PCE increased by 4.6% over the last
Floki (FLOKI) surges 10% following the listing announcement with KoinBX Exchange, targeting India’s booming crypto market. The listing is set to take place on March 31, 2023, at 11:30 AM UTC. According to CoinMarketCap, Floki price, at press time, was $0.00003565 with a 24-hour trading volume of $22,496,965, at the
The largest cryptocurrency market player, Bitcoin (BTC), started to outperform the market as a result of the failure of major banks like Silicon Valley Bank and Credit Suisse, which affected confidence in traditional financial institutions. Also, Bitcoin’s double-digit surge this year has surprised the crypto community. BTC began mid-March with
Deutsche, the German Multinational Investment Bank shares are down more than 10%, and its credit-default swaps surge amid wider concerns about the banking sectors. It is the third consecutive day and has now the bank lost more than a fifth of its shares this month. Deutsche shares tumbled after the
Keeping up with the most recent trends and developments is crucial for investors looking to optimize their profits in the quick-paced and constantly-evolving world of cryptocurrencies. Ripple (XRP), Algorand (ALGO) and Cardano (ADA) are the top three gainers among cryptocurrencies today. Ripple (XRP) XRP, the native token of Ripple’s XRPLedger,
CEO of Ark Invest Cathie Wood slammed the American banking industry after many institutions failed. Tesla CEO, Elon Musk, nodded in agreement as she praised digital asset networks as a solution to the banking debacle. Cathie Wood tweeted a brief summary of the latest crisis, in which the US Bank
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
