Pre-market trading saw declines of more than 1% for the S&P 500. Non-farm payrolls in the United States for September came in higher than forecast. When the September non-farm payroll report from the U.S. Bureau of Labor Statistics was made public, the price of bitcoin dropped by more than 4
The market cap of cryptocurrencies increased 8.5% ($981M) in Q3. According to the report on the crypto market signaling recovery from the bear market. A market analysis report from DappRadar for the third quarter (Q3), which uses on-chain data, indicates the cryptocurrency market’s recovery from the current bear market conditions.
The Terraforms issue has had a significant impact on the South Korean cryptocurrency market’s downward trajectory. Under the FSC, KoFIU aims to prevent money laundering and improve financial transaction transparency. The South Korean crypto market capitalization is down about 58% in the first half of 2022. The market has fallen
The dollar’s appreciation may be attributed to the Federal Reserve raising interest rates. As the supply of dollars dwindles, investors will have less money for riskier assets. Bitcoin is struggling to compete against the US currency. On Friday, the dollar index (DXY), which tracks the value of the dollar relative
The US CFTC is preparing to become a key crypto market regulator. They will allow the CFTC to act quickly to implement this digital market monitoring. According to the CFTC chairman, Rostin Behnam, the US Commodity Futures Trading Commission is prepared to become a major regulator of the cryptocurrency market.
There is an old saying In the wave of the Internet “The one owns users owns the world”， which is also true for the blockchain area. Only these adhere to the service concept of “user first” can go further down the road. Any company wanted to have long-term development will
Banking Institutions have already entered the digital asset market in Australia. CBA was the first bank in the nation to introduce crypto services through its mobile banking app last year. According to Henrik Andersson, CIO of cryptocurrency asset management Apollo Capital, institutions may soon flip on their cautious approach to
Solana had undergone a total of seven outrages since its launch. The validators have even encountered 10 million packets per second submission. Solana CEO and co-founder, Anatoly Yakovenko, expresses the worry of network outages being the major challenge in the Solana network. In an interaction with RealVision’s Raoul Pal on
Bitcoin is now trading at roughly $21,485, down 8.2% on the day. With $201.3M, Bitcoin is the most liquidated asset, followed by Ethereum with $132.7M. Today, the leading cryptocurrency, Bitcoin (BTC), dropped to a new weekly low of $21,344, according to data from CMC, continuing a three-day trend of unfavorable
Compared to June, the annual rate of inflation reduced marginally to 8.5%. Bitcoin is trading at $24,003 with a 4% increase in the last 24 hours. After a long period of stagnation, U.S inflation has fallen for the first time since April. Compared to June, the annual rate of inflation
