Quick Look: Akash Network’s price rose from $4 to a peak of $7 following its listing on Upbit. From $1 billion to $1.45 billion, with a trading volume boost of 1560%. Akash Network will host a decentralised AI summit in May, potentially boosting AKT further. The Akash Network token (AKT) has witnessed a substantial 50% …
Akash Network’s AKT Rises 50% Post-Upbit Listing Read More »
Altcoins, or alternative cryptocurrencies, have emerged as a substantial segment within the digital currency arena. While Bitcoin retains its dominance in capturing media attention, altcoins enrich the blockchain ecosystem. They achieve this by pioneering innovative use cases, assessing inherent risks, and influencing future technological directions. In this article we will explore the altcoin landscape, beginning …
The Expanding Universe of Altcoins: Investing Essentials Read More »
Quick Look: SHIB’s price is stable at $0.000024, resisting broader market volatility. There’s a 71.4% increase in whale transaction frequency, with a significant reduction in volume, suggesting cautious trading. Market analysts remain optimistic, forecasting a potential rise to $0.000030, buoyed by strong holding patterns and cold storage transfers. In the volatile cryptocurrency world, Shiba Inu …
SHIB Market Resilience: A Detailed Analysis Amidst Volatility Read More »
Quick Look: The People’s Bank of China will likely maintain key rates; any changes could influence AUD significantly. AUD/USD shows bearish trends; key resistance is $0.64582, and support is $0.62713. Australian and US inflation figures due this week could heavily impact market expectations and Fed rate decisions. This week, financial markets are at the edge …
AUD/USD: Critical Events to Drive Weekly Dynamics Read More »
Quick Look: Bitcoin’s value soared past $72,000, igniting investor interest ahead of the April 20 reward halving. The upcoming halving will cut the block reward to 3.125 BTC, expected to trigger a bullish market trend. Altcoins and crypto stocks like Coinbase and MicroStrategy posted gains, reflecting broad market optimism. Conversely, the NFT market experienced a …
Quick Look: Bitcoin Cash (BCH) surged 10% post-halving, hitting $660. The BCH halving reduced mining rewards from 6.25 to 3.125 BCH. Bitcoin (BTC) is anticipated to have its halving on April 20, sparking bull market speculations. Mixed performances noted across major cryptocurrencies; Ether, BNB, and Solana up by 1%. BCH futures’ open interest soared from …
BCH Jumps 10% to $660 After Halving, Eyes on BTC Read More »
Quick Look: The crypto market sees a significant downturn, with over $500 million liquidated across 150,000 traders. Bitcoin drops below $66,500; major cryptocurrencies like ETH, DOGE, and SHIB experience sharp declines. The market recalibrates expectations, now foreseeing less aggressive rate cuts by the Federal Reserve. Economic shifts and the monetary policy landscape pose challenges to …
Crypto Crash: $500M Liquidated, 150K Traders Hit Read More »
Quick Look: The Francis Scott Key Bridge in Baltimore collapsed after a massive container ship strike. Daily wage loss is estimated at $2 million, affecting 8,000 jobs and disrupting cargo worth up to $200 million. President Biden seeks federal funding for rebuilding, highlighting the Bipartisan Infrastructure Law’s role. Minimal overall economic growth impact predicted, with …
$2M Daily Loss: Baltimore Bridge Collapse Aftermath Read More »
Quick Look: The SEC has sued Coinbase for operating as an unregistered entity; the case proceeds as most dismissal attempts fail. Judge Katherine Polk Failla oversees the case, with pivotal decisions already shaping the future of crypto regulation. Coinbase’s readiness to confront SEC views highlights a critical juncture for Wall Street’s crypto integration. The ongoing …
Quick Look XRP’s (Ripple) price soared over 20% in an afternoon, hitting a peak of $0.74. The cryptocurrency outperformed others in the CoinDesk 20 Index with a 5% increase. Year-to-date, Ripple’s growth is 17%, trailing behind BTC and the overall CD20 index. Significant transactions fueled market speculation, including a 300 million XRP move from Binance. …
Quick Look XRP’s price increased by 3.23% on Monday. It is a significant reversal and touching $0.6480, the first reach to the $0.66 level since December 11, 2023. The broader crypto market cap swelled by 5.90%, showcasing a bullish trend across the sector. BTC is leading the surge at an 8.02% increase. Despite positive market …
Quick Look XRP experiences a market correction entering 2024, with a monthly decline of -22.5% but a yearly increase of +22.4%. Since its inception in September 2013, a $100 weekly investment in Ripple tokens could have grown to $1.44 million, marking a +2564% growth. Legal battles, including the SEC lawsuit, influence XRP’s market performance, with …
XRP 2024: -22.5% Monthly Dip, +22.4% Yearly Rise Read More »
Quick Look Bitcoin (BTC-USD) surges past $57,000, marking its highest in over two years. Bitcoin has seen a nearly 30% increase year-to-date, ahead of the April halving event. Crypto market cap exceeds $2 trillion, surpassing the valuation of tech giants Amazon and Alphabet. MicroStrategy and Coinbase stocks see significant gains amidst the crypto rally. Bitcoin …
Feb 2024: Bitcoin Hits $57K, Market Cap Tops $2T Read More »
Quick Look Bangladesh sees price increases in essentials despite government efforts to reduce import duties. Prime Minister of Bangladesh blames hoarding for price hikes; market trends show significant increases in onion, sugar, and beef prices. Indonesia’s Bulog confirms ample rice stocks; government launches Cheap Food Movement to combat rising rice prices. Both countries face challenges …
Essential Food Prices Surge Ahead of Ramadan in Indonesia Read More »
Quick Look Dow Jones and S&P 500 futures show modest gains, while Nasdaq 100 futures hold steady. After-hours trading sees Block and Carvana stocks soar thanks to robust quarterly performances. Nvidia’s rally leads to a significant market upturn, with major indices marking their best sessions in months. Warner Bros Discovery and Bloomin’ Brands are among …
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