Cryptocurrency Analysis and News Portal
Of the key markets in the Asia Pacific region, only the South Korean Kosdaq saw a slight uptick. The global stock market is experiencing differing growth moves as key inflation markers in many regions remain positive. In Hong Kong, the Hang Seng Index (INDEXHANGSENG: HSI) is down by 2.22% after shedding
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Bitcoin (BTC) traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price.BTC/USD 1-day candle chart on Bitstamp. Source: TradingViewInflation specter haunts crypto marketsData from Cryptox Markets Pro and TradingView showed BTC/USD hitting lows of $26,380 on Bitstamp.A modest recovery then took the pair to a range
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Big Tech giant Apple has restricted company usage of the widely popular artificial intelligence (AI) chatbot ChatGPT over fears its sensitive data could be compromised.A report by The Wall Street Journal revealed that an internal document to Apple employees had banned the usage of Microsoft-backed ChatGPT and similar AI tools
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Australian-based cryptocurrency exchanges have lined up to quash contagion fears after the payments provider for Binance Australia was told to offboard the exchange, though some have warned risks still loom.On May 18, Binance Australia told users that Australian dollar services were suspended after its payments partner Zepto was told by
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Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase to the limit, before the U.S. government runs out of cash on June 1. Ethereum also dropped, breaking
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Twitter CEO Elon Musk has shared what he calls a “massive incentive” to get money out of bank accounts, noting “bank depositor flight will accelerate to extreme levels, even for banks that are ‘too big to fail.’” Personal finance coach and author Dave Ramsey, for his part, thinks that de-dollarization
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A sudden spike in Bitcoin (BTC) transaction fees and unconfirmed transactions sparked concern on Crypto Twitter over the weekend of a potential Denial of Service (DoS) “attack” on the network. Some Bitcoin analysts and commentators have been quick to allay these fears from their respective followers.Bitcoin average transaction fees are currently
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The European market recorded a gross domestic product (GDP) of 0.0 percent in the first quarter of 2023 compared with the fourth quarter of 2022. The European economy displayed market resilience during the first quarter despite being cut off from the Russian oil and gas supply since the invasion of Ukraine.
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The leading cryptocurrency by market value fell by 9% to $27,600, registering its largest single-week percentage loss since early November, according to data from TradingView and CoinDesk. The yield on the 10-year U.S. Treasury note rose by six basis points (bps) to 3.58%, its second straight weekly gain, denting the
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The DAOMaker game project, Degen Zoo, has been halted as the team investigates a possible exploit on Binance Oracle. Degen Zoo suspended Reports from the Degen Zoo Telegram group indicate that the team agreed to briefly stop and launch an investigation into possible manipulation. Degen Zoo game halted: Telegram The team agreed that this intervention was
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