Cryptocurrency Analysis and News Portal
Digital-asset markets are heating up, especially for blockchain tokens. In this week's Protocol issue, we highlight November's 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months. Original Source
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In a detailed market update, Charles Edwards, founder of Capriole Investment, has provided an in-depth analysis of Bitcoin’s current market position, highlighting
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Bitcoin bulls may be hoping that the expected CPI report may present some respite for BTC, which has struggled to maintain momentum. The general financial market is anticipating the Consumer Price Index (CPI) today to put some figures in perspective regarding the state of the economy. In addition to economic indicators,
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The Crypto Sector Index Series will include several indices tracking the prices of a bucket of different digital assets based on their use cases. The world’s largest digital assets manager Grayscale Investments continues to take steps in order to expand its footprint in the market. Also, the latest report shows that
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The latest virtual asset index has been unveiled by the Hong Kong Virtual Assets Consortium (HKVAC), a rating agency specializing in evaluating the reliability of cryptocurrency assets and exchanges. Quarterly adjustments to its global large cryptocurrency index include the addition of Hedera, Maker, and Quant and removal of Cryptonex, ICP, and
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Data released by the Labor Department show that CPI for September increased higher than expected, with several prices up from August. According to figures published by the Labor Department, the prices of goods and services increased quicker than expected in September. The consumer price index (CPI) rose 0.4% in September and 3.7% compared
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The Dollar Strength Index (DXY) achieved its highest level in nearly 10 months on Sep. 22, indicating growing confidence in the U.S. dollar compared to other fiat currencies like the British pound, euro, Japanese yen, and Swiss franc.DXY "golden cross" confirMoreover, investors are concerned that this surge in demand for
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India, Nigeria and Thailand are ranked as the three top countries in Chainalysis’ 2023 Global Crypto Adoption Index, with lower middle income nations leading the way in grassroots adoption of cryptocurrencies.The blockchain analytics firm released an excerpt to its annual Index report which shows that central and south Asia and the
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India, Nigeria and Thailand are ranked as the top three countries in Chainalysis’ “2023 Global Crypto Adoption Index,” with lower middle-income (LMI) nations leading the way in the grassroots adoption of cryptocurrencies.The blockchain analytics firm released an excerpt from the report showing that central and south Asia and the wider Oceania
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A death cross indicates a potential long-term bearish shift in momentum while a golden cross suggests the opposite. Source
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