Cardano founder Charles Hoskinson voices his faith in algorithmic stablecoins in the long term as being essential to fully realizing the original vision of Bitcoin. This comes in the wake of the embattled Silvergate and...
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US Stocks Turn Lower on SVB Collapse
The major US indices were trading slightly lower in midday trading on Friday as investors were monitoring the situation around the collapse of Silicon Valley Bank and digested the latest jobs numbers. On Friday, the...
Diamond Hands: Bitcoin ($BTC) Median Hold Time on Coinbase Surpasses 150 Days
The media hold time that users on the Nasdaq-listed cryptocurrency exchange Coinbase hold onto the flagship cryptocurrency Bitcoin BTCUSDT before either selling it or moving it to an external address has...
Bitcoin Falls Further From $22K But XRP Surprises With a Push to $0.4 (Market Watch)
Bitcoin’s price failed to recover throughout the past 24 hours. Quite the contrary – it continued bleeding out slowly and reached an intraday low at around $21,580 (on Binance). The majority of the market is also...
Polygon zkEVM Brings EVM-Equivalence, Speed, Security, What Else?
Upcoming L2 solution zkEVM by Polygon Network (MATIC) is among the most anticipated releases in Web3 for 2023. On the eve of its activation, Polygon (MATIC) devs yet again summarized how it will change Ethereum...
Bitcoin Price Faces Rejection And It’s Vulnerable to a Drop Below $22K
Bitcoin price is moving lower below the $22,200 level. BTC could take a hit if there is a close below the $22,000 support zone in the near term. Bitcoin is showing bearish signs below the $22,500 resistance zone. The...
Jack Dorsey’s Block asks for input on proposed ‘mining development kit’
Payments company Block, formerly known as Square, is delving deeper into the crypto mining industry with potential plans to build a “mining development kit.” A Mar. 7 blog post revealed that the Jack Dorsey-founded...
Why is the crypto market down today?
The crypto market is down today, following a sharp pullback seen in the U.S. stock market after United States Federal Reserve chair Jerome Powell issued concerning statements about interest rates and high inflation...
S&P 500, Dow fall 1% as Powell flags sharper rate hikes
KEY POINTS: Odds of 50 bps rate hike jump Powell says Fed likely needs to raise rates higher Indexes down: Dow 1.16%, S&P 1.04%, Nasdaq 0.69% U.S. stock indexes fell on Tuesday as Federal Reserve Chair Jerome Powell...
Reliance Said To Tap McLaren’s Sethia As Jio Financial CEO – Bloomberg News
Reliance Industries Ltd. has tapped a top executive from McLaren Strategic Ventures as chief executive officer for its newly-created financial services unit that is preparing for a listing in India...
Solana (SOL) Kept Investors’ Interest Last Week, Fund Flows Resume
According to the latest CoinShares weekly report, the volume of inflows from Solana-focused investment products (SOL) amounted to $340,000 in the past week. In total, inflows into such funds have grown by $5 million...
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Bitcoin Price Recovery Could Soon Fade If ETH Fails To Surpass $23K
Bitcoin price is attempting a recovery wave above the $22,250 resistance. BTC is rising, but it might face hurdles near the $23,000 resistance zone. Bitcoin is attempting a recovery wave above the $22,250 resistance...
Litecoin (LTC) Halving to Go Live in 150, Here Are Key Trends to Watch
Litecoin (LTC), despite its recognition as one of the top legacy blockchain protocols, has joined the list of altcoins whose prices have been in a downtrend all week long. The cryptocurrency has dropped...
Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Powell, NFPs, RBA, BoC, BoJ
Global risk appetite improved this past week. On Wall Street, the Dow Jones and S&P 500 rallied 1.79% and 1.86%, respectively. Meanwhile, Across the Atlantic Ocean, the DAX 40 and FTSE...
80% of Cardano ($ADA) Investors Are in the Red, Data Shows
The cryptocurrency bear market that saw the price of most leading digital assets lose most of their value over the past year has seen 80% of Cardano ADAUSDT investors feel the sting of losses, with blockchain...
FPIs extend selling in Indian equities in February – NSDL data
Mar 6, 202311:43 GMT+5:30 NIFTY+0.68%SENSEX+0.74% Foreign portfolio investors (FPIs) continued their selling streak in February, but selling moderated in the month after hitting a seven-month high in January, data from...
Ethereum Price Breaking This Single Level Will Spark a Steady Increase
Ethereum price is consolidating losses above $1,540 against the US Dollar. ETH could rise if there is a clear move above the $1,580 resistance. Ethereum is consolidating losses above the $1,540 support zone. The price...
Rally in Adani Group stocks keeps up market rally for the second session
Mar 6, 202312:19 GMT+5:30 NIFTY1!+0.57% Indian markets continued to rally for the second session as the rebound in Adani Group stocks kept investor sentiment upbeat. Despite concerns about global interest rates and...
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
The hopeful optimism of Bitcoin BTCUSD traders seemed to dissipate in the first week of March as key on-chain metrics provided resistance. Now Bitcoin is threatening a retest of the $22,000 level, and a wave...
eraWulf goes nuclear: 8,000 rigs spool up in Nautilus mining facility
Mar 7, 202308:09 GMT+5:30 BTCUSD+0.29%BTCUSDT+0.43% United States-based Bitcoin mining company TeraWulf has fired up a new crypto mining facility in Pennsylvania — solely running on nuclear power generated on-site...
India stocks, rupee, swaps, call at 1:00 p.m. IST
STOCKS: The benchmark BSE Sensex SENSEX rose 607.35 points, or 1.02%, to 60,416.32, while the broader NSE index NIFTY gained 168.6 points, or 0.96%, to 17,762.95, on improved risk sentiment. RUPEE:...