After a year of turmoil and intense negative market sentiment, Bitcoin (BTC) has now surpassed the $21,000 level projecting positive signals. The dominant crypto’s pump has led the global cryptocurrency market to regain its $1 trillion mark. At the time of writing, as per CoinMarketCap, Bitcoin (BTC) traded at $21,133.96
The global cryptocurrency Subsequent weeks of sustained selling is currently experiencing buying pressure. The market’s acceleration has sparke by gains in assets such as Bitcoin (BTC). Which is making new highs day after day after facing consistent lows and reclaiming previous experiences. At the time of writing, the global market
The Consumer Price Index for December showed a gain that was in line with expectations, at 6.5%. The December CPI numbers were recently issued by the US Bureau of Labor Statistics. Minutes before the report was released, the cryptocurrency market was modestly positive, with most assets trading in the green.
Paxful, a cryptocurrency marketplace, said on Wednesday that it has removed Ethereum from its platform. Problems with the security of the blockchain network were mentioned by the firm. The CEO of the firm, Ray Youssef, has said that the move to delist ETH would have direct consequences for the platform.
The Federal Reserve authorized a lesser interest-rate boost than previous ones this year but indicated intentions to keep increasing rates next year to battle excessive inflation, sending the price of cryptocurrencies down along with U.S. markets. Inflation in the United States is at a 40-year high, therefore the Federal Reserve
The publication of the November statistics for the Consumer Price Index (CPI) by the U.S. Bureau of Labor Statistics caused a sharp increase in the value of cryptocurrencies including Bitcoin (BTC). The US consumer price index drops from October’s 7.7% to November’s 7.1%. CPI for November was predicted to come
In the United States, applications for unemployment benefits hit a three-month high last week, signaling a thawing of the job market in the wake of a wave of layoffs at technology companies. The number of Americans filing for unemployment benefits increased by 17,000 to 240,000, as reported by the Labor
The global crypto market valuation has dropped from trillions to billions, and it is now trading at $822.22B, up 4.23% over the 24 hours. As the crypto market has been experiencing ups and downs in recent months, the collapse of exchanges and hacks has caused the crypto market to experience
According to Changpeng Zhao, the CEO of Binance, India is not much of a crypto-friendly nation. During a recent crypto conference, the head of the world’s leading exchange platform attributed that the current Indian market is unviable to expanding Binance’s operations. Changpeng Zhao stated: To be honest, I don’t think
The publicly available training program developed through an unprecedented collaborative effort by the crypto ecosystem spans across four key learning modules, setting the bar for market integrity education among crypto users, investors, regulators and compliance professionals NEW YORK–(BUSINESS WIRE)–#CMIC–The Crypto Market Integrity Coalition (“CMIC”), an industry-defining alliance and pledge comprised
