Tag: Crypto

Bitcoin (BTC) Price Soars Above $84K as US CPI Data Lower Than Expected

The US Bureau of Labor Statistics released the Consumer and Price Index (CPI) for February. The data shows that inflation in the world’s largest economy has decreased to 2.8% YoY compared to January’s numbers of 3%. The expectations estimated that the ratio would be 2.9%. U.S. CPI: +2.8% YEAR-OVER-YEAR...
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Hyperliquid Loses $4M After Whale’s Over $200M Ether Trade Unwinds

The liquidation of an over $200 million long trade on ether (ETH) lead to a $4 million loss for Hyperliquid, where the “whale” placed the bet. The liquidation saw wallet ‘0xf3f4’ opening a highly leveraged 50x long ETH position, depositing $4.3 million USDC as margin for a total size...
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Inflation Relief: U.S. CPI Rose Less Than Forecast in February

Inflation in the U.S. softened more than expected in February, putting Federal Reserve rate cuts firmly back in the plan as spring and summer approach. The Consumer Price Index rose 0.2% in February, according to a report from the Bureau of Labor Statistics on Wednesday morning. Expectations were for...
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How BNB Stacks Up To Bitcoin And Ethereum – And How To Get In

Undeniably, one of the core catalysts for the tremendous growth of cryptocurrencies was the paradigm shift of decentralized stores of value. Rather than anchoring to a central authority — as is the case with fiat or government-issued currencies — Bitcoin (CRYPTO: BTC) moved forward the concept of digital value...
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Algorand Nodes Up 250% In 4 Months: Time For ALGO To Shine?

The number of Algorand mainnet nodes grew 250% in four months. Will ALGO price recover after falling 70% from ALGO Q4 2024 peaks? Algorand is one of the most decentralized proof-of-stake platforms, competing with Cardano and Ethereum. It is also a stable network, and on this blockchain, hundreds of...
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SEC Delays Decision On XRP, Solana, Litecoin, And Dogecoin ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on multiple exchange-traded funds (ETFs) tied to major cryptocurrencies, including XRP, Solana, Litecoin, and Dogecoin. In a series of filings on March 11, the SEC announced that it would extend the review period for proposed rule changes that...
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