On Thursday, most cryptocurrency values remained relatively stable, maybe in anticipation of forthcoming GDP statistics from the United States. During today’s session, the price of bitcoin remained very close to $17,000, while the total market cap was trading 0.01% lower as of the time of writing. The price of ether remained relatively stable throughout the …
You have reached the 2023 Outlook Series presented by Kitco News. The financial markets continue to be plagued by uncertainty, which is made worse by the fact that monetary policies implemented by central banks are driving the world economy into a recession in an effort to reduce inflation. Keep up with Kitco News so you …
Bitcoin in 2023: Will it fall to $10,000 or will it soar to $250,000? Read More »
According to the opinions of several experts, cryptocurrencies have primarily been used as a speculative investment that was successful so long as there were still dollars in circulation. In the early morning hours of November 11, John Jay Ray III assumed control of the defunct cryptocurrency exchange known as FTX. During a US House Hearing …
What does the future hold for cryptocurrencies after the FTX? Read More »
According to Statista, the current bear market has caused the number of active tokens to drop by about a thousand, which is the worst annual loss ever recorded for a single year. This phenomenon gives the impression that the world of cryptocurrencies has gone on a major diet. The number of active cryptocurrencies has dropped …
The year 2022 marked the end for 1,000 different cryptocurrency tokens. Read More »
The price of Ethereum is currently lower, and an increasing number of potential obstacles may continue to put downward pressure on ETH pricing for the foreseeable future. The price of ether is falling on December 16, 2018, and the pre-FOMC surge that took it to $1,350 was completely wiped out. This occurred when the chair …
Why is the price of Ethereum (ETH) dropping today? Read More »
Despite the fact that traders are actively adding to both their long and short positions, the total market capitalization of cryptocurrencies is in danger of slipping below $825 billion. After failing to break through the $880 billion hurdle on December 14, the total market capitalization of cryptocurrencies has experienced a decline of 8.1% over the …
Bitcoin and Ethereum have both experienced wild price swings this week. After climbing higher in response to upbeat CPI data, both cryptocurrencies saw their gains wiped away overnight. Both Bitcoin and Ethereum have suddenly relinquished all of their recent gains made in response to the upbeat CPI report released this week. According to CoinGecko, Bitcoin’s …
Overnight, $117 Million Was Liquidated as Bitcoin and Ethereum Lost Their Post-CPI Gains Read More »
The bullish momentum that had been building in the cryptocurrency market died down as Fed Chair Powell dashed investors’ hopes that a favourable CPI report would initiate a trend change. However, higher time frames continue to be attractive. This week, cryptocurrency markets gave investors a nice head fake by rallying into resistance on a “positive” …
NEW YORK — U.S. authorities announced on Friday that a man who is accused of being a co-founder of the fake cryptocurrency OneCoin, which was a pyramid scheme that defrauded investors all over the world out of billions of dollars, pled guilty to counts of wire fraud and money laundering. Prosecutors stated that the alleged …
Twitter has blocked a number of accounts, including those managed by prominent journalists and the social networking site Mastodon, since Elon Musk has taken over as CEO of the company. Fran Finney, the widow of computer scientist Hal Finney, who was the recipient of the first transaction on the Bitcoin blockchain from Satoshi Nakamoto, reactivated …
