Cryptocurrency markets are choppy in wake of a mixed US labor market report that saw a beat on the headline non-farm payrolls number (i.e. the number of jobs added in May), but also a larger than expected rise in the unemployment rate and a slowdown in the MoM pace of average hourly earnings growth. Bitcoin…
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Crypto markets appear to be witnessing growing interest in eco-friendly cryptocurrencies this week, as analysts speculate about an emerging ‘Green Crypto’ breakout narrative. Leading the pack is 7th ranked cryptocurrency Cardano (ADA) – posited as the first carbon neutral blockchain following the launch of Cardano Forest (a joint venture with VeriTrees)…. Read More: Is it…
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The price of Bitcoin (BTC) is showing signs of gaining momentum as it approaches the highly anticipated release of the US Nonfarm Payroll data. Investors and traders are closely monitoring this economic indicator, which is expected to impact the market significantly. The recent surge in Bitcoin’s price suggests growing optimism among market participants, who anticipate…
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Police in Kazakhstan say they have shut down a suspected fraudulent crypto trading platform, with its alleged mastermind arrested. Per Nur.KZ, the Ministry of Internal Affairs announced that a “23-year-old man” had been arrested. The man’s name begins with L and he was born in 1999, the police added. Police said L was “suspected of…
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Despite recent legislative action in the United States to avert a government debt default, Bitcoin and other leading cryptocurrencies are experiencing price declines. This drop coincides with the U.S. House of Representatives voting to suspend the national debt ceiling. The bill passed 314 to 117, garnering bipartisan support. … Read More: Best Crypto to Buy Now…
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In the dynamic world of cryptocurrency, the recent surge in Bitcoin’s trading volume, which reached a staggering $15 billion, has captured the attention of market observers. This substantial increase in trading activity raises questions about the involvement of whales, the influential players with significant holdings of Bitcoin. … Read More: Bitcoin Price Prediction as $15 Billion…
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The price of XRP has barely moved in the past 24 hours, although its current level of $0.506955 marks a 12.5% gain in the past seven days. Increasingly positive sentiment regarding the Ripple-SEC case has enabled XRP to beat the market this week, with the altcoin also up by 48.5% since the beginning of the…
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The Cardano price has dropped by 2.5% in the past 24 hours, dipping to $0.364249 as the market falls by 0.5%. ADA’s current price marks a 1.5% gain in the past week and a 5.5% loss in the last 30 days, although the altcoin has appreciated by 47% since the beginning of the year…. Read…
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After more than a month of consolidatory ranging, Ethereum (ETH) price remains steadfast in a tightly fought range. Currently trading at $1,858 (a 24 hour change of -0.79%), Ether appears to have once again been rejected by a tough ceiling of resistance at $1,925. Now in a minor -3.60% retracement move, markets are on edge…
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In the world of cryptocurrency, Bitcoin has once again captured the attention of traders and investors as it makes significant moves in the market. After testing the crucial support level of $27,000, BTC has managed to bounce back, sparking speculation about its next target. … Read More: Bitcoin Price Prediction as BTC Bounces Off $27,000 Support…
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