The GBP-USD secured an easy footing. Hopes of softer United States inflation and United Kingdom economic data ensured market sustenance ahead of the Monetary Stability Report. GBP-USD has a busy session early today, with attention directed to November claimant count figures, October unemployment numbers, and average earnings. Better-than-anticipated GDP figures could not support Monday’s session, … Read more
ApeCoin staking attracts APE worth $30 million from investors in 24hrs of its launch. Binance announced a staking program allowing users to stake Mutant Ape Yacht Club and Bored Ape Yacht Club and receive APE coins. APE maintains uptrends, targeting its monthly peak at $4.50. ApeCoin Foundation opened APE staking, and players deposited tokens worth … Read more
BTC price kick-starts upsides from the falling wedge’s lower trend line following a 5-month stagnation. Transaction data confirms $20,242 as the next obstacle, where around 5.2M addresses hold approximately 2.56 million Bitcoin at a loss. Flipping support at $15,551 into resistance would invalidate the bullish case. Bitcoin price displays a lucrative start of an upward … Read more
The cryptocurrency market saw a slight recovery today, with the global market capitalization gaining 0.08% to $854.54 billion during this publication. Meanwhile, the past 24hrs had the cryptocurrency market volume at $35.30 billion, indicating a 7.14% decline. Meantime, the world’s leading digital coins, Bitcoin and Ethereum, noted slight gains of 0.13% & 0.14% to $17,033 … Read more
XRP saw an uptick in social dominance. And that might result in a price pump. Nevertheless, XRP exhibited negative sentiment. Santiment’s December 3 tweet indicated that Ripple (XRP) saw increased social dominance within the past few days. Such a spike might result in near-term positive price moves soon. Nevertheless, the alternative token would be prone … Read more
Friday saw the leading crypto gaining 0.65% to close yesterday at $17,090. Bitcoin secured late support despite better-than-anticipated US jobs data and NASDAQ loss. Nevertheless, the Fear and Greed Index remained stable at 27/100, confirming uncertainty after the Jobs data. Bitcoin saw a modest uptick on Friday, surging 0.65% to extend the 1.165 surges from … Read more
ADA market its 3rd drop from five sessions on Thursday, following a 1.25% decline. Profit booking and U.S. economic indicators dented Cardano and the overall market. Technical indicators display bearishness, with ADA steadying beneath the 50d EMA. ADA partially reversed Wednesday’s 3.24% uptick on Thursday after losing 1.25%. Meanwhile, the alternative token closed yesterday at … Read more
Matter Labs, the innovation company driving the zkSync Ether amplification mechanism, has recently received an additional $200 million. The Pre-seed Team The Pre-seed investment is co-led by Blockchain Ventures and Dragonfly with participation from other big partners. Earlier in The month, the startup received money from major investors a16z, who led Matter Labs’ Round B. … Read more
Former FTX exchange CEO, Sam Bankman-Fried has been under a series of investigations, following the sudden collapse of the exchange. In a recent update, it has been revealed that SBF is likely to be extradited by American law enforcement agencies to the United States. American Authorities In Talks To Extradite SBF to US According to … Read more
Digital payment facilitator, Visa has ended all ties with the FTX cryptocurrency exchange, following a series of negative events happening to the exchange. The termination announcement was made known earlier by the company’s Crypto Head of Department, Cuy Sheffield. Visa Terminates Partnership With FTX, In Less Than 2 months The crypto debit card partnership deal … Read more
