As India’s Finance Minister Nirmala Sitharaman gears up to present the Union Budget on February 1, 2024, a pivotal companion document takes the stage a day prior – the Economic Survey of India. In this election year, where an interim budget is expected, understanding the intricacies of the Economic Survey becomes paramount. This annual report […]
Bitcoin Price : Here’s Why BTC Price Falling?
Bitcoin has been facing a turbulent period recently, with prices experiencing significant fluctuations. Its price soars to $70,000 or higher one day and nearly reaches $60,000 the next. There are many developments happening with the coin, as it navigates through a market crash but is still anticipated to satisfy the hopes of investors and fans […]
Bitcoin Price Eyes $50k Mark Following Strategic Market Retracement
The initial enthusiasm for the spot Bitcoin ETF has given way to market uncertainty, as BTC’s performance lags behind the broader cryptocurrency market. Following its U.S. market debut, the Bitcoin price briefly soared to $49,000, only to undergo a swift retracement to $42,000, culminating in a 12% loss within just three days. In the midst […]
Core Price Rally Challenges Key Resistance For 52% Upside Potential
CORE Price: The first half of April has been a roller coaster ride for Core coin witnessing a spread from $4.36 high to $1.15. This 73.5% downswing was initiated as a post-rally correction but the selling pressure accelerated due to geopolitical tension between Iran and Israel and bitcoin’s pre-halving correction. However, an immediate reversal from […]
Terra Luna Classic Reveals Plan To Introduce EVM Support, LUNC Revival Imminent?
The Terra Luna Classic community looks beyond the typical chain developments to a more diverse approach by enabling Ethereum virtual machine (EVM) support on the chain. It will help the community-led Terra Classic chain to become compliant with new and emerging technologies, introducing many advantages. Interestingly, the EVM support will allow Terra Luna Classic to […]
Bitcoin Price Drops as Powell Signals Delay in Interest Rate Cuts
Bitcoin’s (BTC) price has dropped by 1% to approximately $62,900, coinciding with Federal Reserve Chairman Jerome Powell’s recent statements regarding the future of interest rates. Speaking at the panel discussion on Tuesday, Fed Chair Powell underlined the necessity of persisting in restrained monetary policy, which was justified by the limited progress in reaching the Fed’s […]
Coin Center Rejects Sen. Warren’s Critique on Employment Ethics
Coin Center, a prominent cryptocurrency advocacy group, has recently responded to United States Senator Elizabeth Warren‘s criticisms regarding its employment practices. The organization’s response comes after Senator Warren expressed concerns about the trend of hiring former government officials in the crypto industry. Coin Center’s Firm Stance Against Accusations Jeremy Brito, the director of Coin Center, […]
Bitcoin ETF Outflows Hit $58 Million, GBTC Outflows Slow Down
Net outflows from spot Bitcoin ETFs continued for the second consecutive day this week on Tuesday, April 16. As per data from Farside Investors, the total outflow from Bitcoin ETFs stood at $58 million. The overall activity in the Bitcoin ETF market has remained quite subdued in recent times. GBTC Outflows Slow Down The outflows […]
Chainlink (LINK) Price Eyes $20 As Exchange Supply Drops to 4-Year Low
Oracle service provider Chainlink (LINK) has been on investors’ radar recently with more than 8% gains over the last week. On Monday, January 15, the LINK price surged all the way to $16. However, as of press time, the Chainlink price is down 2.69% trading at $15.07 and a market cap of $8.5 billion. Chainlink […]
Breaking: US Senators Unveil New Bill Banning Algorithmic Stablecoins
Senators Cynthia Lummis and Kirsten Gillibrand have introduced a significant legislative proposal aimed at regulating stablecoins. Their bipartisan effort underscores the growing urgency within the House and Senate to address the regulatory framework surrounding digital currencies. With stablecoins increasingly gaining traction in the financial landscape, Lummis and Gillibrand seek to strike a balance between protecting […]