The crypto market is gearing up for a potential breakthrough as Bitcoin briefly reclaims the $100,000 mark, fueled by inflation data and political dynamics. Investor sentiment is shifting, hinging on upcoming interest rate decisions that could drastically impact crypto valuations. According to COINOTAG, “The recent spike in Bitcoin’s price indicates a broader market optimism, which … Read more
Donald Trump is reportedly open to establishing a strategic reserve that would include US-founded cryptocurrencies and Bitcoin.
The skyrocketing U.S. government deficit has been a point of contention for years and grew back into electoral significance as President-Elect Donald Trump made a political alliance with Elon Musk to, in part, reduce inefficient spending. Looking at the numbers, the move might appear not only savvy but also urgent, as the data from the … Read more
Policymakers at the European Central Bank (ECB) agreed last month that interest rate cuts should be approached cautiously and gradually, but they also indicated that more policy easing was likely on the horizon, all according to the publication of the bank’s Accounts of the December 11–12 gathering. Highlights Regarding the inflation outlook, members were increasingly … Read more
XRP’s price is cruising around $3.26 to $3.30 over the last hour, reflecting an 18% gain over the past 24 hours. During this period, trading volume more than doubled to $25.67 billion, while market capitalization swelled to $187.28 billion. The cryptocurrency traded within an intraday range of $2.74 to $3.35, positioning itself just 4-6% shy … Read more
Gold price rises above $2,700, with more upside at hand should US yields retreat further. Heightened hopes for a Fed rate cut before the summer fuels the Bullion rally. Gold pops and sets sail for the first important pivotal level at $2,708. Gold’s price (XAU/USD) is up for the third day in a row and erased weekly … Read more
Crypto-friendly trading platform eToro has filed for a US IPO, reportedly targeting a $5 billion valuation with plans to expand by listing in New York soon.
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A DAO proposal to transfer CryptoPunks IP to the community gains attention amid growing discontent over Yuga Labs’ rumored plans.
The non-fungible token (NFT) market faced its worst performance in four years in 2024, with trading volumes and sales dropping by 19% and 18%, respectively. 2024 NFT Trading Volumes Fell to a Quarter of 2022 Levels The non-fungible token (NFT) market experienced its worst performance in four years in 2024, with trading volumes and sales … Read more