Bitcoin spot trading volume into the U.S. dollar decreased by 25.5% last month to 707,000 BTC, the lowest recorded figure for the fiat currency since August 2019. Meanwhile, USDT remained the stablecoin with the largest BTC volume in April, with 3.18 million BTC being traded. That’s according to CryptoCompare’s April […]
Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, says that the U.S. could be heading towards another economic depression and market “bust.” “Rich Dad Poor Dad“, which is one of the top 10 personal finance books of all time, “advocates the importance […]
As cryptocurrency prices keep on dropping, investors flooded out of cryptocurrency investments products in April and their average daily trading volumes fell 16.3% to $244 million, marking the sixth consecutive month of declining trading volumes. According to CryptoCompare’s Digital Asset Management Review report, the trading volumes of cryptocurrency investment products […]
NEAR rose to its highest level since last Thursday, as prices rebounded from recent lows. SAND and RUNE also climbed from long-term support levels on Tuesday, with RUNE rising by over 20% in today’s session. THORChain (RUNE) RUNE was easily one of the biggest gainers during today’s trading session, as […]
Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin Bulls in BTC have also pulled […]
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since 2018, Powell stressed that […]
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the “implications for […]
Cryptocurrency donations sent to the Ukrainian government and several non-governmental organizations meant to support the country amidst its ongoing war with Russia have topped $50 million across more than 100,000 transactions. According to on-chain analytics firm Elliptic, the Ukrainian government and NGOs supporting the country’s military efforts and humanitarian causes have […]
The total assets under management (AUM) of cryptocurrency investment products has risen in February to reach $44.9 billion as the prices of Bitcoin and Ethereum rose by 1.5% and 5.7% respectively last month. According to CryptoCompare’s new Digital Asset Management Review report, macro sentiment around risk-assets like equities and cryptocurrencies […]
Cryptocurrency donations sent to the Ukrainian government and several non-governmental organizations meant to support the country amidst its ongoing war with Russia have topped the $30 million mark. According to on-chain analytics firm Elliptic, the Ukrainian government and NGOs supporting the country’s military efforts and humanitarian causes have raised $20 […]
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