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Crypto markets continue to show little change this Friday after losing value last night and most of this week. The global cryptocurrency market cap remains at $920 billion, up 1.94% in the past 24 hours. Bitcoin is trading at $19k, and Ethereum managed to rise back above the $1,300 support. Let’s look at relevant news … Read more
Ethereum was trading higher on Friday, as market volatility eased, following the latest U.S. inflation report. Core inflation rose 0.6%, with consumer prices up to 8.2%, higher than the expected 8.1%. Despite this, traders seem to have breathed a sigh of relief, as the uncertainty surrounding the report has now passed. Bitcoin moved closer to … Read more
A new crypto project aiming to mint tokens from burning Ether is behind Ethereum’s deflationary turn. Go to Source Powered by WPeMatico
Crypto markets continue to show bearish momentum this Thursday as Bitcoin and Ethereum prices slide. BTC broke through the $19k support line, while Ethereum is below $1,300. The past week has been rough for crypto markets as BTC and ETH lost 5% and 7%, respectively. The likely culprit for the declining price is the underperformance … Read more
Bitcoin was trading below $19,000 on Thursday, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. In the minutes, the Federal Reserve hinted at upcoming hikes, while also acknowledging a level of surprise at the rate at which inflation has risen. Ethereum moved below $1,300 in today’s session. Bitcoin Bitcoin (BTC) was … Read more
Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and direct collaborations. Go to Source Powered by WPeMatico
The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of Foreign Assets Control’s (OFAC) director Andrea Gacki. Coin Center’s court filing says that the government’s sanctioning of Tornado Cash exceeds the Treasury’s statutory authority. The … Read more
Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13. Go to Source Powered by WPeMatico
Cryptocurrency markets continue to struggle after failing to hold support last night, causing additional bearish pressure this Wednesday. Bitcoin remains below the $20k level, trading at $19,103. Ethereum is also down below $1,300, currently at $1,294. The short-term sentiment for cryptocurrencies remains bearish this week as global markets continue to struggle this October. Key Points: … Read more
46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than three months left in 2022, Finder’s panelists predict that ethereum will drop as low as $963 per unit this year, and they also expect ethereum to … Read more