DeeLance, a forward-thinking crypto and NFT-based freelancing platform, plans to overhaul the freelance recruitment system by utilizing the transparency and security of the blockchain. With the presale of its native token $DLANCE concluding in 3 days, this decentralized freelancing solution hopes to resolve the complications faced by gig workers on traditional platforms…. Read More: DeeLance…
Read more
Bitcoin and the broader cryptocurrency market are experiencing a slump today, adding further pressure to an already tense market sentiment. Despite reaching a 13-month high of almost $31,700 last week, Bitcoin’s momentum has been dwindling since, with its price consistently falling below the 20-day Exponential Moving Average (EMA) this week. The indicator could now be…
Read more
The United States inflation rate has slowed down, with May recording a 4% rate–the lowest yearly figure since March 2021. The drop in inflation may prompt the U.S. Federal Reserve to avoid raising interest rates during its upcoming Wednesday conference, prompting market observers to closely monitor the situation. With the current economic situation in mind,…
Read more
The cryptocurrency market has been affected this week by uncertainty surrounding the U.S. debt ceiling vote and potential interest rate hikes. While legislation to raise the debt ceiling and cut government spending was introduced in the House of Representatives on Tuesday, the market remains on edge due to the bill’s unclear fate until it is…
Read more
Conservative Republicans are opposing the bipartisan agreement to raise the U.S. debt ceiling, which could result in a U.S. default if it doesn’t pass its first test in Congress. Both President Joe Biden, a Democrat, and the leading Republican figure in Congress, House Speaker Kevin McCarthy, anticipate the requisite votes to enact the bill before…
Read more
Bitcoin has dipped below the $27,500 mark, effectively neutralizing the gains previously sparked by U.S. inflation data. This trend has been developing over the last month, ever since Bitcoin peaked above $30,600 in mid-April. Given the ongoing bearish market trend, what are the best cryptos to buy now? Data collated by Santiment suggests a decrease…
Read more
The cryptocurrency market is currently experiencing a puzzling episode as the crypto total market cap underwent a sharp decline of $100 billion on Wednesday, only to witness a swift recovery. The leading cryptocurrency, Bitcoin, saw its value dip to a low of $27,000, while Ethereum fell to $1,700. How might this unusual market volatility affect…
Read more
Ethereum—the second-largest cryptocurrency by market capitalization—has recently weathered a three-day breakdown from April 19 to 21, leaving market watchers on edge. During this period of uncertainty, Ethereum’s trajectory appeared to stall, moving sideways while cautiously maintaining its footing above the horizontal support zone of $1,815 to $1,820. Despite briefly dipping to a low of $1,805,…
Read more
Santiment, a cryptocurrency analytics platform, is telling Bitcoin (BTC) enthusiasts to exercise caution as several on-chain metrics for the digital asset raise concerns. In a recent blog post, Santiment pointed out that Bitcoin’s network is not experiencing the same exponential growth it witnessed during the 2021 bull market. How might this recent news affect the…
Read more
The cryptocurrency market has been facing headwinds today, with Bitcoin (BTC) experiencing a decline below $27,500 and Ether (ETH) approaching the $1,800 mark. Concerns regarding interest rates are believed to be contributing to the market’s volatility. In light of the uncertain macroeconomic conditions, what are the best cryptos to buy now?… Read More: Best Crypto…
Read more
