Cryptocurrency

Previous rally has faded as whales tend to abandon the ship, this is why Dogecoin and Shiba Inu have experienced major price corrections at their top because of massive profit taking after prices peaked on Sunday and Tuesday. Shiba Inu currently trades at $0.00001358 versus $0.000014 on Thursday. Meanwhile Dogecoin …

Bitcoin, the world’s largest cryptocurrency by market value, fell 8.3% against the dollar from its 5 p.m. ET level Thursday to trade at $21,480.50. at the time of writing, biutcoin is trading at $21,458. Ether declined 9% over the same period to $1,707.97.It was not immediately clear what knocked the …

Tezos price could take a key turn lower today after the bullish print on Wednesday. XTZ price is at the mercy of global markets which are rolling over on Thursday. Tezos price action has witnessed some gains evaporating in late hours trading on Wednesday after the Fed minutes were released. …

The US central bank is continuing its efforts to tame inflation with interest rate hikes and Wednesday’s FOMC minutes have showed that the committee members agreed on the necessity of keeping interest rates higher as a means of combating inflation. Markets were cool in the hours leading up to the …

The US dollar seesawed between gains and losses on Thursday, ending the day lower against most major rivals. Wall Street opened the day firmly higher amid more signals of receding US inflationary pressures, as the July Producer Price Index advanced by 9.8%, below expected.The EUR/USD pair peaked at around 1.0360 …

Crypto values jumped early on Thursday as Ethereum moved a few steps closer to “The Merge.” This is generally seen as a bullish move for crypto use cases because Ethereum has the largest base of developers and many tokens are on the Ethereum blockchain.The value of Ethereum was up as …

The price of Bitcoin (ETH), the leading cryptocurrency, surged to an intraday high of $24,010 on the Bitstamp exchange at 12:48 a.m. UTC. Ethereum (ETH) and other top altcoins also spiked sharply higher. Crypto markets responded favourably after the slower than expected CPI reading, which takes pressure off the Federal …

It was a challenging quarter for Coinbase from an operational perspective. The company said it had 9 million monthly transacting users during the second quarter, down from 9.2 million in the first quarter but more than the estimated 8.7 million. Macroeconomic and cryptocurrency credit resulted in lower trading volume during …

At the time of writing, the most famous cryptocurrency trades at $23,976. Earlier on Monday, Bitcoin climbed above $24,000, rising upon the same rhythm with the stock market and elevating stocks with high exposure to cryptocurrency.The price of Bitcoin has jumped nearly 5% over the past 24 hours to $24,220.36, …

Michael Saylor’s bet on Bitcoin has failed and he lost. The MicroStrategy CEO, also one of the biggest bitcoin bull, has decided to step down. When cryptocurrency lending platform Celsius froze user accounts amid a drop in valuations, waves across the industry raised questions about what could happen to user …