Rising Jobless Claims Eclipse Inflation Data as Recession Fears Resurface
Markets are ignoring a hotter-than-expected inflation report and instead turning their attention to the latest signs that the U.S. labor market is faltering — a shift in focus that points to growing concern about a deeper economic slowdown. Consumer prices rose a bit more than expected August, according to...
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HBAR Rises 5% Despite Volatile CPI Session
Hedera’s HBAR token saw a volatile 23-hour stretch between Sept. 10 and 11, swinging in a narrow 5% band between $0.23 and $0.24. The token dipped to its $0.23 support level early in the session before rebounding on heavier-than-usual trading volumes. Daily volume averaged 35.4 million, but activity surged...
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XLM Jumps 4.3% Amid Volatile Trading Session
XLM posted sharp swings in the latest 24-hour trading cycle, oscillating within a $0.017 band that marked a 4.3% fluctuation between $0.379 and $0.396. The token’s rally took shape around midnight on September 11, when prices climbed from $0.384 to a high of $0.396 by mid-morning. The upward push...
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78,229 Ethereum Leaves Kraken As 4 New Wallets Move ETH: Institutional Accumulation?
Ethereum is currently trading around critical price levels as the market shifts into a new phase. The momentum that propelled ETH higher earlier this year has started to fade, with the asset now entering a consolidation period. While some altcoins have managed to post modest gains and Bitcoin continues...
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Ethereum challenges Bitcoin’s dominance, leads in trading volume
Since early August, Ethereum has sustained its lead in spot trading volume over Bitcoin, and the trend continues. Bitcoin has long been the undisputed leader in market liquidity. However, as BTC trades near its record highs, investors are slowly rotating…...
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78,229 ETH Vanishes From Kraken: Are Whales Prepping for the Next Rally?
Despite a brief pause in its trajectory, institutional appetite for Ethereum remains strong. In fact, a whopping $342 million worth of ETH has left a prominent cryptocurrency exchange. Such movements of funds are typically expected to have a bullish impact on ETH’s price. Supply Tightens According to an update...
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Galaxy, Circle, Bitfarms Lead Crypto Stock Gains as Bitcoin Vehicles Metaplanet, Nakamoto Plunge
Crypto-related stocks including Galaxy Digital (GLXY), Circle Internet (CRCL) and Bitfarms (BITF) posted double-digit gains on Thursday as bitcoin (BTC) rose the highest since mid-August. Galaxy, a digital asset investment and data center conglomerate led by Mike Novogratz, added 12%. The company was a lead investor in Forward Industries’...
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Bitcoin Holds At $114,000 As CPI Data Prints ‘Nothingburger’—What Now?
Bitcoin (CRYPTO: BTC) is holding around $114,000 after the latest inflation data release, sparking debate over whether more upside is ahead. What Happened: In his latest X post, trader Astronomer reiterated confidence that BTC set its cycle low at $110,000 in late August, citing confluences including the historic pattern...
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Ethereum Investors Double Down As Staking Activity Spikes Sharply – Here’s How Much
Ethereum has flipped slightly bullish again after facing bearish pressure for several days and is trading back above the $4,300 price level. Amid this price fluctuation, a recent report shows that ETH’s staking activity has grown exponentially, with a massive portion of the altcoin locked away in staking. A...
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He Bought $8 Billion ETH! Tom Lee’s INSANE Ethereum Price Predictions
Tom Lee didn’t save Ethereum, he’s trying to own it. In this video, Nic dives into how the Wall Street veteran led a $8.2B ETH accumulation through BitMine, making it the largest corporate holder of Ethereum. Backed by major players like ARK and Founders Fund, this move could reshape...
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