Market Wrap: Bitcoin Price Finishes Higher for Third Consecutive Week
The largest cryptocurrency by market capitalization has responded favorably to improved economic indicators. Source
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For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020 – Bitcoin News
In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end of July. At
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Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth – Economics Bitcoin News
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2 GDP Data Points to a Recession One of
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Bitcoin Marks Seven Consecutive Red Candles, Paints Gruesome Picture For Market
Bitcoin has now entered perhaps one of its most bearish periods ever. The cryptocurrency which has held up quite nicely through all of the market scandals is seeing even more bad news ahead. Previously, it has seen a good number of consecutively red closes that have solidified its entrance into
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Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days – Markets and Prices Bitcoin News
The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last 24 hours, as the valuation stands at $2.1 trillion today. Furthermore, the price of bitcoin jumped over the
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Cardano Leads Altcoins As Market Marks 13th Consecutive Week Of Inflows
Cardano has flexed its muscles in the latest iteration of inflows coming into the market. Inflows have been steady the past couple of months, currently at 13 consecutive weeks of inflows for the market. Bitcoin and altcoins alike have benefited from the inflows which have indicated institutional interest piquing in
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Ethereum sees first consecutive week of deflationary issuance
The Ethereum network has seen its first consecutive week of negative supply issuance as bubbling markets drive persistently high transaction fees.With the highly anticipated London upgrade introducing a burn mechanism into Ethereum’s fee market in early August, a small quantity of Ether (ETH) has since been destroyed with every transaction
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Wall Street Keeps Up with Upward Momentum for Second Consecutive Day, Dow Jones Up 280 Points
Dow Jones recovers all losses from Monday with two-day consecutive rallies. Interestingly, the bond market is also fuelling optimism on Wall Street. On Wednesday, July 21, Wall Street cheered with US stocks climbing for the second consecutive day. The Dow Jones Industrial Average (INDEXDJX: .DJI) was up 0.83%
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Bitcoin Price Faces Drop to $8.5K After Consecutive Weekly Losses
View Bitcoin’s consecutive weekly losses and multiple failures at key resistance have shifted risk in favor of a drop to around $8,550 and perhaps as low as $8,000. Daily chart indicators have turned bearish for the first time in over
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Shanghai Blockchain Week Returns for Fifth Consecutive Year to Discuss the Next Decade of the Blockchain Industry
Wanxiang Blockchain Labs, a non-profit research institution focusing on blockchain technology, has announced the return of its annual Global Blockchain Summit and Shanghai International Blockchain Week for the fifth year running, from September 16-18. Hosted in the W Shanghai – The Bund, the event brings together technological experts, academics,
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