Bitcoin Spot Volume Remains Elevated With Price At Deep Discounts –
On-chain data shows the Bitcoin spot trading volume has remained elevated recently as the price of the crypto has observed deep discounts.
Is Sologenic Driving XRP Price High Amid Tumbling Crypto Market?
admin2022-09-22T18:35:11+00:00XRP, Ripple’s native token prices are riding high while other major cryptocurrencies are trading under heavy selling pressure. XRP has emerged as the top gainer over the past 7 days beating all the market sentiments.
Is Sologenic a key behind XRP surge?
As XRP charts, Sologenic can be the main reason behind the current spike in the XRP prices. Sologenic is a fast and secure DEX and NFT marketplace built on the XRP ledger. XRP/Sologenic prices have jumped by over 10%...
Crypto Braces For Another Crash As Fed Diminishes “Soft-landing”
admin2022-09-22T17:04:03+00:00The Federal Reserve continues its hawkish stance to curb inflation. The consumer price index for August revealed worse-than-expected inflation. The Fed reaffirmed its commitment to curbing inflation prices by moving forward with a jumbo hike of 75 bps. More importantly, Fed chair Jerome Powell seemed to move away from his past comments about a soft landing. The crypto community is bracing for another crash as prices continue to fall with now bottom. Ethereum fell below the $1.3K mark while Bitcoin...
Billionaire Mike Novogratz Explains When We Will ‘See a Big, Big Rally in Crypto’
admin2022-09-22T15:20:00+00:00On Tuesday (September 20), billionaire investor Mike Novogratz was asked to share his thoughts on the crypto market. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a technology-driven financial services and investment management firm that provides institutions and direct clients with a full suite of financial...
Here’s Why Cardano’s Vasil Hard Fork Is A Seamless Upgrade
admin2022-09-22T12:44:21+00:00Cardano’s most anticipated Vasil hard fork is estimated to happen on September 22 at 21:44 UTC. It will be triggered by the joint IOG/Cardano Foundation team using the Hard Fork Combinator (HFC) technology. The HFC technology makes Cardano’s upgrade a seamless transition to a new protocol without interruption or restart. Also, it helps crypto exchanges and DApps to continue ADA trading and Cardano network usage during the hard fork.
Cardano Hard Forks Are Unique
A hard fork generally splits a blockchain...
Bitcoin Whales On A Buying Spree Amid BTC Price Dump?
admin2022-09-22T08:57:07+00:00Bitcoin, the world’s largest cryptocurrency has failed to gain upward momentum due to the Fed rates hike in sight and other macroeconomic factors. Meanwhile, a whale tracker has reported several Bitcoin accumulation transactions which suggest that whales are buying the dip.
Is this whale accumulation real?
As per Whale Alert, more than 166K Bitcoins have been transferred from crypto exchanges to several unknown wallets in the last 24 hours. All the recorded transactions cumulatively worth over $3.12...
JPMorgan Chase CEO Says He Is a Not Skeptic on Blockchain, DeFi, and Utility Tokens
admin2022-09-22T08:30:07+00:00On Wednesday (September 21), JPMorgan Chase CEO Jamie Dimon shared his thoughts on blockchain technology in general and cryptocurrencies in particular while testifying before U.S. Congress. His comments were made during a hearing (titled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks”) of the U.S. House...
XRP Whales Turn Bullish Over Reports of Settlement With the SEC
admin2022-09-22T04:18:36+00:00Crypto whales have shown a major transition in their behavior over the last week. After backing the world’s second-largest crypto Ethereum (ETH) ahead of the Merge, they are now focusing on Ripple’s XRP. Post the Merge event last week, The ETH price has come under severe correction losing more than 20% in a week’s time. As of press time, ETH is trading 5.6% down at a price of $1,260 with a market cap of $154 billion. As per on-chain data...
Bitcoin ($BTC) Price Hitting $100,000 Is a ‘Matter of Time’, Says Bloomberg Analyst
admin2022-09-21T22:33:00+00:00Bloomberg commodity strategist Mike McGlone has reiterated he believes that the price of the flagship cryptocurrency Bitcoin ($BTC) will hit the $100,000 mark. Per the analyst, it’s a “matter of time” until the cryptocurrency reaches six figures. In an interview with Kitco News, McGlone noted that Bitcoin’s adoption...
The Fed Reveals When Inflation Will Be Curbed Fully
admin2022-09-21T21:04:15+00:00The Federal Reserve moved forward with a 75 basis point interest hike at today’s Federal Open Market Committee meeting. The 75 bps hike was the more moderate of the two options in front of the Federal Reserve. The Consumer Price Index for August showed an 8.3% YoY inflation. The Fed is now predicting it can bring inflation to 2% by 2025. The crypto markets went on a bit of a roller coaster after the Fed’s announcement. BTC and Ethereum slipped...