Investors are eagerly awaiting the release of the January Consumer Price Index (CPI) report, set for 8:30 a.m. EST on Tuesday, February 12 to assess the Federal Reserve’s progress in its battle against inflation. Market participants have tempered expectations for a rate cut in March. However, the Fed is considering postponing the cut to May-June […]
Chainlink (LINK) Price Jumps 10% Past $20 Amid Strong Whale Accumulation
After facing a pullback to $18 earlier this week, oracle service provider Chainlink (LINK) has once again jumped by 10% shooting past the $20 level. As of press time, the Chainlink (LINK) price is trading at $20.16 standing at a crucial breakout junction. Analysts have been already predicting a further rally to $25. Chainlink Whale […]
Trending Altcoins This week : 10 Feb 2024
In the ever-evolving world of crypto investments, staying informed of the latest trends and developments is paramount for investors and enthusiasts. This week, we delve into the realm of altcoins to buy ahead of bull run , exploring some of the standout performers as of February 10, 2024. Dymesion, altcoins are making waves in the […]
Crypto Headlines of The Week: Bitcoin, Solana, & Shiba Inu Fuels Inferences
Another week ends with substantial developments witnessed across the cryptocurrency landscape. Among these developments, Bitcoin, Solana, and Shiba Inu appear to have gained the most traction within the market. Aligning with these, some of the top headlines that birthed tidal waves of speculations are: Bitcoin Surges Past $47K Bitcoin, the world’s first-ever digital currency, saw […]
Mike Novogratz Reacts to Hilary Clinton’s Bitcoin (BTC) Statement
In response to a bold statement about Bitcoin (BTC) and de-dollarization from 76-year-old American politician Hilary Clinton, Galaxy Digital CEO Mike Novogratz has dragged in the impact of the politicians on the valuation and relevance of the US Dollar. Shifting Blames to Bitcoin on De-Dollarization Clinton, the Former United States Secretary of State stated in […]
Crypto Surfaces as a Viable Alternative Amid US Tax Filing Challenges
Crypto investments are likely to emerge as a good alternative this taxing season. Taxation in the US has always been cumbersome and difficult. This year the difficulties might just rise even more with Congress failing to provide an update on the pending tax plan. Taxation to likely be more difficult in America According to a […]
Altcoin Market Cap on the Verge of Confirming Bullish Pennant Breakout
The cryptocurrency market is seeing increased attention, especially in the altcoin sector, where signs point towards a critical breakout moment. These developments are made as the overall cap of altcoins, which, over time, critically approaches a dominant direction in the crypto market, reveals an upward breakout from a bullish pennant formation. This implies that such […]
How an XRP ETF Might Transform Crypto Market Dynamics
The cryptocurrency landscape could be on the verge of a significant transformation with the potential introduction of the XRP Exchange Traded Fund (ETF). Chad Steingraber, a cryptocurrency analyst and professional game designer, has recently shared insights on how an XRP ETF could substantially impact the value of this digital currency. This development is poised to […]
Crypto Market Faces $130 Mln Liquidation: Opportunity Or Warning Sign For Next Week?
The recent crypto market liquidation data seemed to have sparked speculations in the market, especially amid a bullish momentum in the broader crypto market. Notably, recent data reveals a significant liquidation event in the crypto market, totaling $130 million within the past 24 hours. Meanwhile, this development has prompted questions about whether it signifies an […]
Bitcoin (BTC) Addresses in Profit Tops 90% as Price Eyes $50K
The volume of Bitcoin addresses in profit has increased significantly and is currently around 90%. Bitcoin Addresses Keeps Growing Amongst several cryptocurrencies, BTC has successfully stood out as its total addresses within its network that are profitable now surpasses the 90% threshold. Precisely, Bitcoin’s profitability now places a total of 46.67 million addresses in the […]