As the banking sector continues to roil, this time Credit Suisse, crypto enthusiasts are already taking victory laps on Twitter. “The macro backdrop for Bitcoin has never been more perfect,” wrote co-founder of Mechanism Capital Andrew Kang. Others, alluding to the inscription enshrined in the network’s first block, echoed the sentiment, saying “Bitcoin was made for this.” The macro backdrop…
As the banking sector continues to roil, this time Credit Suisse, crypto enthusiasts are already taking victory laps on Twitter. “The macro backdrop for Bitcoin has never been more perfect,” wrote co-founder of Mechanism Capital Andrew Kang. Others, alluding to the inscription enshrined in the network’s first block, echoed the sentiment, saying “Bitcoin was made for this.” The macro backdrop…
The previous six months should have been extremely beneficial to Ether’s (ETH) price, especially after the project’s most significant upgrade ever in September 2022. However, the reality was the opposite: between September 15, 2022, and March 15, 2023, Ether underperformed Bitcoin (BTC) by 10%. Ether/Bitcoin price on Bitfinex, 2-day. Source: TradingView The price ratio of 0.068 ETH/BTC had been holding…
Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital currencies have seen double-digit gains against the U.S. dollar. An Overview…
Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital currencies have seen double-digit gains against the U.S. dollar. An Overview…
Decentralized exchange Uniswap is officially live on BNB Chain, the smart contract blockchain built by Binance. More than 55 million UniSwap (UNI) token holders voted in favor of a governance proposal by 0x Plasma Labs to deploy Uniswap v3 on BNB Chain in February, which passed successfully. The proposal was brought up due to the need for Uniswap to expand…
Bitcoin (BTC) kept bears sweating near $25,000 on March 15 as encouraging macroeconomic data combined with concerns over banking crisis contagion. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PPI offers “great signs” on Fed pivot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from a 24-hour comedown to see highs of $25,273 on Bitstamp. The pair reacted positively…
Cosmos climbed by as much as 5% in Wednesday’s session, as the token remained close to a multi-week high. Cryptocurrency markets consolidated recent gains in today’s session, with the global market cap down by 0.24% as of writing. Solana continued to trade above $20.00, as prices consolidated. Cosmos (ATOM) Cosmos (ATOM) was once again in the green, as prices remained…
Stock and crypto markets are essential components of the global financial system. These markets provide a platform for investors to buy and sell financial assets, which helps companies raise capital for investment and growth. Moreover, the stock and crypto markets play a crucial role in determining the value of an asset. The market price of a stock or cryptocurrency reflects the…
Stock and crypto markets are essential components of the global financial system. These markets provide a platform for investors to buy and sell financial assets, which helps companies raise capital for investment and growth. Moreover, the stock and crypto markets play a crucial role in determining the value of an asset. The market price of a stock or cryptocurrency reflects the…
