Amid gloom in the crypto market, Dogecoin (DOGE) has seen a sharp rally. The largest meme coin has been on a roll, thanks to its recently launched blockchain named Dogechain. After the rollout of the new blockchain, Dogecoin might not remain a joke. The numero uno meme coin could gain a lot more utility with … Read more
Bitcoin briefly surpassed $25,000 for the first time since mid-June, as momentum continued from a cooler-than-expected US inflation data and progress toward Ethereum’s big upgrade. The largest cryptocurrency rose as much as 2.2% on Sunday to $25,031, its highest level since June 13. It was trading around $24,750 as of 6 a.m. New York time, … Read more
New Delhi: Crypto market continued to bleed on Tuesday ahead of the Federal Reserve’s policy meeting. Investors have begun their countdown for a 75 basis point rate hike, which pushed the digital tokens lower. The total market capitalization of the crypto space again slipped below the $1 trillion mark, with Bitcoin barely holding on to … Read more
New Delhi: Major crypto tokens were nursing their wounds on Thursday, taking an upward turn. However, it is still a question if the rally will sustain or not amid the global economic gloom. Cryptos were mostly in the green, albeit not by much, although a big improvement over the previous day when a number of … Read more
A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week. As Intel, Qualcomm and others report, investors will weigh how dampened consumer spending from inflation, … Read more
New Delhi: Major crypto tokens were trading lower on Friday following hawkish commentary from Federal Reserve, which is planning aggressive rate hikes. Barring the dollar-pegged USD Coins, all major crypto tokens were trading lower during early hours on Friday. Solana tanked 4 per cent, followed by 3 per cent fall in Bitcoin, Ethereum, BNB, Dogecoin, … Read more
New Delhi: Bitcoin and other major altcoins were trading steady on Tuesday, after selloff a day earlier. The price action looked pretty tame and major crypto tokens remained rangebound. Barring the dollar-pegged stablecoins and Dogecoin, all other crypto tokens were trading higher on Tuesday. Terra topped the gainers with a 14 per cent rise, followed … Read more
New Delhi: Bitcoin and other major altcoins were showing some weakness on Monday, following a thinner trading period for the last three days. Bitcoin was struggling below $40,000, whereas Ethereum lingered near $3,000. Trading over the long weekend was light as investors continue to process rising inflation, the possibility of a recession and the latest … Read more
With the prevalent volatility in the crypto market, never has it been more important to distinguish between methodologies of buying into this sector. On the one hand, you have traders, on the other you have investors. While many assume the two are interchangeable, there are key differences in each player’s goal. Traders hold assets until … Read more
New Delhi: The digital token market was trading flat on Tuesday as investors closely watched the major global events unfold and their impact on the financial markets. However, crypto trading volumes were holding around $100 billion level despite the cautious stance and economic uncertainty inflamed by the conflict between Russia and Ukraine. Solana dropped 3 … Read more