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The latest data from the Turkish Statistical Institute (TSI) shows that rising transportation and food costs were some of the key factors contributing to the surge in the country’s inflation rate to 70%. Economic Revival Efforts Not Bearing Fruit Rising commodity prices and increased transport costs are some of the key contributing
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Solana and Moonbirds came to the rescue of the bearish nonfungible token market in April after a six-week cooldown phase.According to DappRadar’s monthly report, the NFT market recorded a multimonth trading volume high of $6.5 billion in April, surging 23% from March and breaching the $6 billion mark for only
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Bitcoin (BTC) has reentered its most significant lifelong consolidation zone but could still crash to a “macro bottom,” new research warns.In a Twitter thread on April 27, on-chain analytics platform Material Indicators shone a light on the importance of $38,000 for BTC price action.Bitcoin circles all-important point of controlAfter lingering
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BSC saw more projects emerge than any other blockchain.Data Source: Footprint Analytics –March 2022 Report DashboardGameFi projects showed strong resistance to the negative macro environment in February and March, with many areas of development not only growing steadily but breaking out against market trends.Footprint Analytics data shows that the number
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On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history. Bitcoin Exchange Outflows Now Have A Value Of 96.2k BTC Per Month According to the latest weekly report from Glassnode, a historically high amount of BTC has exited all exchange
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The latest moves in crypto markets in context for March 30, 2022. Source
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The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national cryptocurrency. The law published mentions that the wage will be 130 VES, using the national fiat currency
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Argo Blockchain’s mining margin in February narrowed from the previous month. Original Source
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The unique number of NFT buyers in February dipped below 800,000 for the first time since October, and search volume for nonfungibles also dropped significantly. According to data from CryptoSlam, there were 796,009 NFT buyers on secondary markets in Feb. (down 12% compared to Jan.) that accounted for roughly $2.6
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For the past year, bitcoin has shown a cyclicality that has been on a semi-regular basis. For most of last year, most months had finished in the positive with green candles dominating the market. However, while most of the months have been positive, there have been significant differences between the
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