Q3 Sees 16% Decrease In Value
Polkadot (DOT), one of the prominent blockchain networks in the crypto space, experienced a 16% decline in market capitalization in the third
Read MorePolkadot (DOT), one of the prominent blockchain networks in the crypto space, experienced a 16% decline in market capitalization in the third
Read MoreBitcoin Ordinals, once the shining star of the NFT world, is experiencing a significant downturn in both sales volume and transactions, igniting
Read MoreGoldman Sachs is not the only company to participate in the latest round of Wall Street layoffs. Such banking giants as Morgan Stanley and JPMorgan Chase are also reducing their headcount. Banking giant Goldman Sachs Group Inc (NYSE: GS) is reportedly planning to run a new round of layoffs. According to those
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Read MoreWhile several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The country’s inflation rate has cooled down over the past
Read MoreAfter Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12
Read MoreThe last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9
Read MoreIn 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more than a decade. Furthermore, in 2020 and 2021, an early miner from 2010 spent strings of 20 ancient block rewards. In 2022, however, only 17 block rewards from 2010 were spent. Alongside this,
Read MoreBitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests.Data from on-chain analytics firm Glassnode shows that on Nov. 23, major exchanges were down almost 179,000 BTC in monthly withdrawals.Major exchanges see record BTC withdrawalsWith FTX contagion still in the air, exchange users have
Read MoreBinance’s BNB token has struggled to keep gains amidst a bearish-looking crypto market. The 4th largest crypto by market cap has kept
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