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Search Results for: crypto market

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

Today’s Crypto Market, BTC and ETH Losses Outweigh Gains

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

April 12, 2023 1 min read

Crypto Market Briefly Turns Red as U.S. Initial Jobless Claims Down to 228K

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

April 6, 2023 1 min read

OKX Introduces New AI Integration To Analyze Crypto Market Volatility

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

April 1, 2023 2 mins read

Crypto Market Briefly Turns Green Post U.S PCE Price Index Report

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

March 31, 2023 1 min read

Bitcoin (BTC) Outperforms the Global Crypto Market

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

March 27, 2023 2 mins read

Global Crypto Market Declines After Deutsche Bank’s Failure

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

March 25, 2023 1 min read

Top 3 Gainers Amid Rising Crypto Market Volatility

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,

March 22, 2023 2 mins read