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The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite estimates suggesting they will remain unchanged. Post Zero-Covid Policy Inflation in
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The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a
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Reportedly, two of the top Dogecoin whales reduced their holdings by $1.4 billion during the three days the DOGE image appeared on the Twitter web. The Dogecoin (DOGE) community had a short-lived thrilling moment after tech billionaire Elon Musk removed a dog-themed logo from Twitter Inc. Three days ago Musk switched
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Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday’s non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment rate in the U.S. remaining at 3.6%. Ethereum was also lower today, following an eight-month high on Wednesday. Bitcoin Bitcoin (BTC) was
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Dogecoin Drops After Elon Musk's Twitter Stops Using Its Logo Source
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Bitcoin (BTC) and crypto may yet see a long-term correction thanks to central banks keeping liquidity tight, Bloomberg warns.In its latest research, Bloomberg Intelligence revealed cool stance on the ongoing 2023 crypto market rally.Bloomberg: Expecting BTC price to hold "may be illogical"Despite gaining 70% in Q1, Bitcoin is not convincing
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The dominance of cryptocurrency exchange Binance in trading volume market share has slipped over the past two weeks following a lawsuit from the United States commodities regulator and its decision to halt some zero-fee trading.In an April 4 newsletter blockchain analytics platform Kaiko reported Binance “lost 16% market share of
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“Bitcoin needs a bullish catalyst to break above the $30,000 level, but until some significant use case argument is made prices could consolidate around the mid-$20,000s,” Edward Moya, senior market analyst at foreign exchange market maker Oanda, wrote in an email. Source
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Bitcoin (BTC) market liquidity has dropped to a 10-month low, despite a bullish quarter in terms of price gain. The liquidity dry-up is partly attributed to the bank run in the United States and the ongoing regulatory actions against crypto companies.The liquidity situation in crypto is worsening after the banking
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Bitcoin was once again trading below the $28,000 level on Friday, as markets consolidated ahead of a key day of economic data. The University of Michigan releases its monthly consumer sentiment report, which is expected to come in lower than February’s sum. Ethereum also declined in today’s session. Bitcoin Bitcoin (BTC) fell
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