Cryptocurrency Analysis and News Portal
A check of traditional markets finds the 10-year U.S. Treasury yield down a whopping 12 basis points to 3.38%, its lowest since mid-September, and well below the current Fed Funds rate target of 4.25-4.5%. This sort of "inversion" has typically been an excellent forecaster of a recession, or at least
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Thena, a liquidity layer and decentralized exchange (DEX) on the BNB chain, has experienced an uptick in total value locked (TVL) from $5 million to $90 million since its launch last week. Source
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A strong 28% jump in the BTC over the last two weeks has given crypto miners some relief after they faced acute financial stress last year.The strong rebound in the Bitcoin (BTC) price earlier this week has had a very positive impact on the crypto mining stocks. Stocks of the
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The Bitcoin (BTC) price rebound to a multi-month high has rubbed onto the mining stocks as well. Many of these crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stocks also came as a relief for the troubled miners who had to sell a significant
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Mana, the native token of 3D virtual world platform Decentraland, is on a sustained surge since December 30th 2022. Decentraland native token MANA recently experienced a 70% surge within the past week amid a strong performance by metaverse tokens to begin the year.MANA price hit a base of $0.284 at the end
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After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As of Jan. 13, 2023, Nexo’s attestation
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Solana’s price has achieved an unexpected week-long rally, causing it to significantly outperform almost all other cryptocurrencies. As the price of the centralized smart contract token stabilizes, investors are showing interest in how high it can go. In the first week of 2023, the price of Solana (SOL) soared in value,
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That move attracted brickbats from the Bonk Inu community, including its developers. “BONK is meant to be open source for everyone to build upon. We are disappointed to see an exchange limit trading using OCP,” developers said in a Wednesday tweet, adding they working out a solution to tackle the
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The Solana price has secured 45% appreciation over the last week. The coin made this significant recovery after its yearly low of $8 in December. Over the last 24 hours, the coin fell by 1.6%, which depicted that SOL was consolidating after a period of an explosive rally. As Bitcoin continued
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Sales of Rolls-Royce luxury cars for 2022 surpassed 6,000 units, trumping 2021’s commendable feat of 5,586. Rolls-Royce recently revealed record annual sales and a strong order book spearheaded by buyers from the Middle East in 2022. According to the luxury automobile maker, it sold 6,021 cars last year for the first time in
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