Judge James Mellor has ruled against Craig Wright, the Australian computer scientist who has long claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The ruling was given after a trial filed by Crypto Open Patent Alliance (COPA) in London. Judge Mellor’s ruling clearly states that Craig Wright is not an author of the […]
US Weekly Unemployment Declines As Inflation Remains Sticky; Crypto on Watch
The weekly unemployment data released on Thursday showed that unemployment had declined in the US for a Week. The data came in the backdrop of crucial PPI inflation data, which disappointed the markets overall. With the Fed’s interest rate decision due next week, markets will gauge investment decisions carefully now. US Weekly Unemployment Numbers The […]
Crypto Market Selloff: Top Reasons Why Bitcoin, ETH, XRP, ADA, SHIB Crash Today
Crypto market bleeds on Friday, tanking the global crypto market cap by more than 7% to $2.55 trillion. Bitcoin (BTC) and Ethereum (ETH) price both tumbled over 7% and other altcoins including BNB, XRP, and Cardano (ADA) also fell. Despite the meme coins hype these days, Dogecoin (DOGE) and Shiba Inu (SHIB) prices also saw heavy […]
Why Crypto Market Has Crashed Today?
The world’s total crypto market cap is at $2.6 Trillion after a dip of 5.85%, but the market trading volume is up by $197.23B after a hike of 43.85%. Many cryptocurrencies have lost their value accumulated over weeks, including Bitcoin. It has dropped from its ATH value of $73,750.07 to $67,007.19 after an 8.7% dip. […]
Bitcoin Triumphs Gold In Investor Portfolio Allocation: JPMorgan
JPMorgan analysts have noted that allocation of Bitcoin (BTC) in investor portfolios has surpassed that of gold when adjusted for volatility. Specifically, Bitcoin’s allocation is 3.7 times greater than that of gold. Moreover, they pointed out a net inflow of $9 billion into Bitcoin ETFs since their inception, which offsets outflows from Grayscale. Bitcoin Achieves […]
Top 12 Coins For The Next Altcoin Season
The next altcoin season is knocking at the doors, with promises to turn the lives of investors. So, if you are a crypto enthusiast, it is the hottest time of the year to invest some funds in crypto and make the most of it. But the question comes: which are the best next-season altcoin coins? […]
Solana Price Approach $200 Amid Historic Spike in New SPL Token Creation
The number of new SPL tokens on the Solana network has surged to a historic high. Over the past 7 days, an average of more than 7,800 SPL tokens were created daily, marking a significant uptick in token creation activity. On March 11 alone, the network saw a record-breaking creation of 9,690 new SPL tokens, […]
Crypto Gainers of the Week
In the recent cryptocurrency market crash, significant altcoins like Ethereum, Dogecoin, and BNB experienced a 10% decrease in value. The sharp decline in the market was partly due to the significant decrease in the value of bitcoin, which dropped below $70,000. Despite the temporary chaos, certain cryptocurrencies have demonstrated resilience, soaring in values, indicating the […]
Bitcoin (BTC) Price Slumps To $65K, Liquidations Tops $426M
The slip-off in Bitcoin (BTC) price from the week has stirred a drawdown that caused the coin to drop below the $66,000 support level for the first time since it breached its All-Time High (ATH) above $73,000. The Bitcoin (BTC) Price Rout At the time of writing, market data pegs the price of Bitcoin at […]
Bank of Japan Mulls First Rate Hike in 17 Years, What’s Ahead for Bitcoin and Crypto?
This week would be a big week for crypto and the global market, as top central banks from Japan, the US, Australia, and others would be announcing their crucial decisions for interest rate hikes. The Bank of Japan (BoJ) will kickstart its two-day policy meeting on Monday, March 18, while reportedly ending its negative interest […]