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The U.S. economy has been facing turbulent times lately, with the U.S. personal consumption expenditure (PCE) inflation index rising by a significant 3.5% over the past 12 months. Even when excluding the volatile food and energy sectors, it's evident that the efforts made by the U.S. Federal Reserve to curb
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Cardano is currently facing a stark contrast between its promising development trajectory and the significant losses incurred by ADA holders. Recent price analysis
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Non-fungible tokens continue to play a significant role in developing the Web3 ecosystem, despite the enthusiasm around them having subsided since its peak in 2021. Unquestionably, these distinctive digital assets have been a significant force behind the NFT transformations that have taken place. Despite the wide variety of NFT collections and
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ALSO: Venture capitalists and others have abandoned blockchain for the seemingly greener pastures of AI, but they may be falling for the hype of a technology that has yet to prove itself substantially. Source
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Data from CryptoRank, which tracks the fund's portfolios and known holdings shows that while major funds like Delphi Digital, Polychain or Animoca are down an eye-watering 80%, 64%, and 81%, over the course of the last 365 days, they are still well into the green during the last three years. Source
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Ethereum has lost bullish momentum over the weekend and hints at a pullback in the short term. The cryptocurrency is still leading the current crypto market recovery with a 14% profit over the past week but might be negatively impacted by macroeconomic factors. Related Reading | Bitcoin Bulls Try To Recoup As
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Ethereum started a fresh decline after it faced rejection near $3,300 against the US Dollar. ETH price could extend decline towards $3,000 in the near term. Ethereum started a fresh decline after it faced rejection near $3,280 and $3,300. The price is now trading below $3,220 and the 100 hourly simple moving
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Dogecoin (DOGE) is potentially at risk of losing critical support if the price falls from the ascending channel traded in for the last 53 days. Although technical analysis is not an exact science, a daily close below $0.26 will likely invalidate the current movement.DOGE/USD price at FTX. Source: TradingViewAside from
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Keep Network says a flawed code addition forced the shutdown of its bitcoin-backed Ethereum token, tBTC, just two days after it launched.On May 18, deposits of bitcoin into tBTC were paused for 10 days – a move prompted by a bug that was supposedly missed by a security audit and
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Fresh details have emerged about ongoing trials of China’s digital yuan, specifically its current implementation in Suzhou — a major city in Jiangsu Province.On April 16, reporters for ChinSci-Tech — an innovation board for enterprises and public companies listed on the Shanghai Stock Exchange — revealed that the central
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