The latest report from the Conference Board shows that consumer confidence in the US has fallen for the second consecutive month in February, with households becoming increasingly pessimistic about the future. According to the index, the Expectations Index has dropped to 69.7, indicating a high likelihood of a recession within 12 months…. Read More: Best…
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It has been another gruesome day in the cryptocurrency market, with Bitcoin price sliding to $16,000. Ethereum, the second-largest cryptocurrency, dropped further down the rabbit hole and is trading 5% lower on the day at $1,117. The sell-off accompanied a 3.6% decline in the crypto market cap to $830 billion. … Read More: Best Crypto to…
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While digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top two leading crypto assets. A slew of blockchain games coins, defi tokens, and metaverse assets like gala, crypto.com coin, wax, kadena, wonderland, and avalanche have…
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NEM has launched its tokenization chain, Symbol, despite pre-mainnet configuration issues pushing the launch back by two days. Veteran crypto team NEM Group has announced the successful launch of its Symbol mainnet. According to a March 17 announcement, NEM now comprises a “two chain ecosystem,” with NEM’s existing NEM NIS1 chain continuing to operate alongside…
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Bitcoin and a few altcoins have seen aggressive buying at lower levels, which could result in a retest of their recent highs. As Bitcoin price rallied to a new 2020 high, the open interest on CME Bitcoin (BTC) futures rose to $1.16 billion, making it the world’s largest Bitcoin futures market, according to Arcane Research.…
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