In March, the Consumer Price Index (CPI) inflation data from the U.S. Bureau of Labor Statistics surprised analysts by coming in higher than anticipated at a 3.5% increase. This was more than the predicted 3.4% and followed a previous monthly inflation rate of 3.2%. The significant March inflation figure significantly impacted financial markets as it … Read more
In the constantly evolving landscape of digital money, there’s an increasing number of intriguing alternative coins worth investing in. The trend of “play-to-earn” (P2E) is on the rise, creating a unique segment that sets it apart from Bitcoin‘s leading role. Smart investors are looking beyond Bitcoin‘s $69,000 price point towards up-and-coming tokens such as Gala … Read more
In an unexpected turn of events in the crypto world, Ethereum‘s native currency, ENA, bucked the trend of the wider cryptocurrency market slump and surged by almost 10% in value. This price increase has drawn significant attention from investors, who are eagerly watching two potential catalysts that may be driving this growth. Let’s explore these … Read more
U.Today has prepared the top three news stories over the past day. Bitcoin (BTC) on track for all-time high if it holds above this level Michaël van de Poppe, a well-known crypto expert, shared in a recent post that Bitcoin is gearing up for another attempt at hitting its all-time high. If it manages to … Read more
Today, many cryptocurrencies experienced a decline in price, causing a setback for the crypto market. However, there are some exceptions to this trend that we’ll cover in this blog as promising gains in the crypto world. In the recent price drop, Bitcoin has decreased to $68,850, representing a 2.6% decrease within a day. Similarly, Ethereum … Read more
Andriew Bayly, Commerce Minister of New Zealand, advocates for major changes in the nation’s rules governing digital assets. His proposition arises due to worries about the sluggish progress in exploring and implementing digital assets within the New Zealand market. At present, New Zealand’s regulation of digital assets is viewed as outdated, leading Minister Bayly to … Read more
The value of crypto assets has decreased today, with some experiencing losses even beyond their weekly progressions. This trend may be influenced by broader economic indicators that are affecting investor confidence. A look at cryptocurrency price graphs reveals daily setbacks for the majority of leading assets and memecoins. The number one cryptocurrency, Bitcoin (BTC), has … Read more
Solana fell by 6%, now priced at $165; Ethereum dropped by 5.5%, trading at $3,440; and XRP decreased by 4.7%, reaching $0.6. In simpler terms, this examination intends to explore the significant elements potentially leading to a more substantial drop in Bitcoin‘s price within the upcoming two weeks. 1. Hotter Than Expected Inflation Leaves Bitcoin … Read more
A large-scale Bitcoin (BTC) investor is expressing pessimism towards the latest US Consumer Price Index (CPI) figures, revealing an inflation rate of 3.5% which surpassed expectations and signals potential challenges for the market. (Source: Coingape’s earlier report) Bitcoin Whale Taking Cover Based on information from cryptocurrency analysis tool Lookonchain, a large investor transferred around 800 … Read more
Users of Coinbase in the UK can now easily purchase Bitcoin, Ethereum, and other cryptocurrencies through Apple Pay on their iPhones, as announced by the popular cryptocurrency exchange. This new feature is designed to ensure a safe and discreet transaction process. Based on information from Coinbase, when you use Apple Pay, your card details aren’t … Read more