Cryptocurrency Analysis and News Portal
As for the monthly change, the largest downward contributions in both the CPIH and CPI annual rates are from motor fuels, as well as housing and household services (particularly liquid fuels). According to the Office for National Statistics, UK inflation maintained double digits in March at 10.1%. Meanwhile, there was a
Read More
Ethereum remained above $2,100 to start the weekend, despite crypto markets moving into consolidation. Following this week’s gains, traders have seemingly started to secure gains, with the global market cap down by 0.52% as of writing this. Bitcoin has fallen below yesterday’s peak above $31,000. Bitcoin Bitcoin (BTC) moved back below the
Read More
Crypto company collapses create a void in the ecosystem that trusted and experienced traditional finance firms may look to fill, the report said. Source
Read More
Hours after the United States bureau of labor statistics (BLS) released the latest consumer price index (CPI) data for March 2023, bitcoin (BTC) prices remain subdued and tethered around the $30,000 mark. Inflation dropping in the United States According to the BLS, the CPI reading for March stood at 0.1%, down from 0.4% recorded in February
Read More
Warnings continue to pervade market and financial news this week, with Monica Crowley, former assistant secretary for public affairs for the U.S. Department of the Treasury, indicating “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. In related news, billionaire Bill Ackman warned that the
Read More
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner. Source
Read More
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860
Read More
Texas’ Bitcoin mining industry has shown growth amid turmoil in the crypto industry and concerns over power consumption. Power consumption of Bitcoin miners in the state has risen 75% over the past year. Some counties in the state of Texas have offered tax incentives along with wind and solar energy to miners. A
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More
Crypto exchange Gemini took to Twitter on March 8 to deny rumors about terminating its banking relationship with United States financial conglomerate JPMorgan. In a brief and straightforward message, Gemini stated that "despite reporting to the contrary, Gemini's banking relationship remains intact with JPMorgan."The comments came in response to a previous
Read More