Category: Uncategorized

[ad_1] Analysts forecast a year-over-year increase of 6.5% in the U.S. Consumer Price Index (CPI) for December 2022 — with the Bureau of Labor Statistics’ official data releasing Jan. 12 — but 2023 could bring some upside as investor Michael Burry expects CPI to move lower this year but warned that any subsequent pivot on…

[ad_1] Europe’s largest digital asset investment group Coinshares believes there is only “minor negative sentiment” within the crypto markets now following a grueling 2022 bear market. As Bitcoin threatens to touch $18,000 for the first time since mid-December, Coinshares analysis reveals that outflows from global crypto funds are starting to wane. According to a recent…

[ad_1] Bitcoin’s (BTC) price broke past $17,000 over the weekend. But it has been trading relatively flat with low volatility through the first 10 days of 2023, as is typical during a bear market. BTC’s stability is reflected by the tranquility in the derivatives market and is driven by lower trading activity. This is indicative…

[ad_1] On Jan. 10 at 08:00 UTC, Binance unstaked $110.28 million worth of SHIBA INU (SHIB) and re-staked 4 trillion SHIB tokens, which equates to around $34.84 million, according to data shared by Arkham Crypto Intelligence. The transfers took place on ShibaSwap and left $75.44 million, or 8.661 trillion SHIB tokens, unstaked. The tokens are…

[ad_1] The cryptocurrency market is projected to grow at a 7.2% compound annual growth rate (CAGR) from 2022 to 2030, according to a report by Research and Markets. The report attributes the growth to a number of factors including increased acceptance of digital currencies, monetary regulation fluctuations and emerging opportunities in both developed and emerging…

[ad_1] Binance‘s and OKX‘s annual revenue grew 10x and 4x over the past two years, respectively, while Huobi’s quarterly revenue fell by -98% since the second quarter of 2021, as reported by CryptoQuant.com. Binance Binance’s quarterly revenue started to grow exponentially in 2021 and maintained its growth throughout the year. The exchange’s annual revenue reached…

[ad_1] The crypto sphere lost $3.78 billion to 303 blockchain-related security incidents in 2022, which is 61% less than the $9.80 billion recorded in 2021, according to a report by SlowMist. Comparison of blockchain losses over the past three years Even though the number of hacking incidents has been growing steadily since 2020, the total…

[ad_1] Glassnode data analyzed by CryptoSlate showed a significant trend difference between Bitcoin (BTC) and Ethereum (ETH) shrimp and crab cohorts. BTC fundamentals’ core narrative is the reason that so many investors believe in the asset — and buy regardless of the price. Evidence of this can be seen below as Shrimps (who hold one BTC…

[ad_1] Crypto’s benchmark cryptocurrency, Bitcoin, has pushed past $17,000 for the first time in 2023 after being range bound for several weeks between $16,380 and $16,975. Bitcoin has now been on a positive trend since the start of January when it opened the year at $16,482. Bitcoin is up 3.72% over the last seven days…

[ad_1] In the latest episode of the “Bittalk” podcast, hosts Akiba and Nicholas Gregory discuss the state of the bitcoin market in 2023. The episode begins with Akiba asking Nicholas for his thoughts on the future of bitcoin this year. Nicholas starts by discussing a recent event involving bitcoin developer Luke Dashjr, whose PGP key…