Bank of America says a “wealth effect on steroids” may impact the U.S. economy as a result of the fall in the value of stocks and bonds and other assets worth trillions of dollars in 2022. “The $22 tr...
Tag: Effect
As 2024 Bitcoin Halving Gradually Approaches, Analysts & Observers Ponder Its Expected Positive Effect on BTC Price
Amid a contracting crypto marketplace, stakeholders and observers foresee Bitcoin price going bullish after the upcoming 2024 halving. The next Bitcoin (BTC) halving is on course for March 24th, 2024...
Bitcoin Miner Capitulation Is In Full Effect, How Long Will It Last?
The collapse of the crypto exchange FTX is causing a historic event in the Bitcoin market. Yesterday, on-chain data signaled the second wave of a Bitcoin miner capitulation in one cycle. Historically,...
BlockFi Officially Files For Bankruptcy Amid FTX Contagion Effect
BlockFi Bankruptcy News: While the crypto market continues to face the wrath of the FTX collapse, yet another company is falling prey to the contagion. Crypto lender BlockFi will file for chapter 11 b...
The Effect Of the Bitcoin Crash On El Salvador’s Economy?
The bitcoin crash has negatively affected the first country to adopt bitcoin, El Salvador, as a legal tender. The President of El Salvador, Nayib Bukele, has been an advocate of bitcoin adoption as a ...
Silvergate, Provident Bancorp, and Signature Suffer FTX Effect
Several major traditional banks with varying degrees of crypto exposure now find themselves unsure of their next move in the wake of the FTX collapse. Most banks are suffering a reduction in deposits ...
“Funds stolen from FTX” on the move: A dump will have this effect on ETH
According to recent reports, the FTX hacker has moved the stolen funds to prepare for a dump Some assets were stolen, while others were transferred to the Bahamas Securities Commission According to a ...
Stablecoin Issuer Tether Explains How FTX and Alameda Collapse Has No Effect on USDT
Tether, the largest stablecoin issuer in the world, has released a statement assuring investors that USDT is in no way affected by the meltdown of crypto exchange FTX and its trading arm Alameda Resea...
Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect – Bitcoin News
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity cr...
Mario’s Hard Espresso Combines Coffee And Cocktail To Expert Effect
A new line of coffee liqueur launched in late 2021 by Joe Grasso Mario’s Hard Espresso Joe Grasso wants to change the way you think about liqueur. The founder of Mario’s Hard Espresso launched h...
FTX crisis likely to spark a domino effect, macro analyst explains
The repercussions of the cataclysmic FTX downfall are going to be broader than the crypto markets, as they will accelerate downward moves in stocks and commodity markets, according to Mike McGlone, se...
256M Dogecoin Moves To Binance and Coinbase As Musk Twitter Takeover Effect Continues to Fade
– Advertisement – Large amounts of Dogecoin are being sent to cryptocurrency exchanges. Cryptocurrency Whales Move Nearly 256M Dogecoin (DOGE) to Binance and Coinbase Despite Elon Musk’s...
Dogecoin Wallet Activates First Time After 2014; Elon Musk Effect?
Dogecoin (DOGE) Wallet Activity: In an interesting move, a mysterious Dogecoin (DOGE) wallet transferred assets after a gap of around nine years. Interestingly, the memecoin transfer coincided with El...
Dogecoin Price Prediction – Musk Effect Won’t Wear Off Soon
Join Our Telegram channel to stay up to date on breaking news coverage Dogecoin has dropped by over 7% in the last 24 hours. The meme coin is bearish today as most of the cryptocurrency market trades ...
Elon Effect On Dogecoin Continues, DOGE Price Might See An Extended Rally Hitting These levels
Every time the crypto market takes a turn for the better, participants face sore disappointment moments later. Similarly, in the early hours today, the overall crypto market was flashing a bullish si...
Circle’s $9 Billion SPAC Deal Postponed Once Again; Merger to Take Effect in January 2023 – crypto.news
The Circle-Concord Merger has been delayed the second time due to procedural issues. New SEC Filing Reveals Another Delay in the Anticipated $9 Billion Merger Circle has announced another delay of its...
Paraguay Warns About Growth of Illegal Bitcoin Mining Operations and Effect on Power Stability of the Country – Mining Bitcoin News
The growth of illegal bitcoin mining operations could affect the stability of the power system in Paraguay, according to statements from the National Power Administration. The boom the country is expe...
Elon Musk Effect Sends Dogecoin To New Highs! Is It The Time For DOGE To Rule Again?
Dogecoin has been dominating the memecoin sector as it has shown an excellent price potential in the last 24 hours. Dogecoin is currently flying over the crypto space as the Twitter acquisition deal w...
JPMorgan Profit down by 17%, what will be effect on crypto?
At present, the connection and the relationship between the traditional and digital asset markets are at its top. The reports and data are issued by several authorities frequently. But, any statement ...
Bitcoin mining facility ordered to shut down as new ordinance goes into effect
A bitcoin mining facility in Niagara Falls, NY, was ordered to shut down due to a zoning ordinance issue. The city sent a cease and desist notice to Bit Digital regarding a site owned and operated by ...
Bitcoin Bottoming Process in Effect As BTC Flashes July 2021 Vibes, According to Top Analyst
A widely followed crypto analyst says Bitcoin (BTC) is exhibiting a similar trend last seen in July 2021 before a bull run. Pseudonymous trader Altcoin Sherpa tells his 10,500 Youtube subscribers that...
The Effect Of Swap And Evolve Feature On The Price Of SafeMoon
Imagine what the price of SafeMoon will be by 2030? There have been predictions on the price of SafeMoon by different financial analysts and some have said that the price of SafeMoon will get to the m...
Cardano Sees Effect of Upgrade, Adds Over 100 Smart Contracts
Cardano: The effects of the Vasil upgrade are already showing, with the blockchain adding 100 new smart contracts in the two weeks since it completed the hard fork. The network’s upgrade helped impro...
Cardano TVL Plummets To 8 Month Low, Not Seeing Effect Of Vasil
Cardano has suffered a significant drop in its total staked volume since its March 2022 peak. The proof-of-stake blockchain has lost over 76% of its total value locked in the past eight months. The de...
Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report
Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flatlined under the regime. The Taliban’s takeover of Afghanistan has had a...
Dogecoin is Closer to Another 10% Jump, Has Elon Effect Inflated the DOGE Price?
In a surprising move, the Dogecoin prices have inflated significantly and have surged above the crucial resistance, hinting at a stabilised bullish move ahead. While the prices were heavily suppressed...
SEC vs. Ripple effect and everything to know about XRP’s latest feat
After months of tussling with the SEC, Ripple finally managed to gain an upper hand in the case recently. And, this sparked excitement in the crypto community. After reviewing the facts of the case, J...
Post-Merge Effect: Ethereum’s Extreme Reduction in The Net Inflation
The industry experts said Ether’s extreme reduction in the net inflation rate is associated with the elimination of mining rewards and the “burning” of transaction fees. Ethereum Post-Merge Update The...
Celsius CEO Alex Mashinsky Resigns With Immediate Effect
Celsius Network’s CEO Alex Mashinsky submitted a letter of resignation to the Special Committee of the Board of Directors of Celsius Network Ltd on Tuesday. Beleaguered crypto lender Celsius’ CEO Alex...
Here’s What Effect Cardano’s Vasil Upgrade Has Now
Yuri Molchan IOG founder says that implementation of Vasil is now inspiring hundreds of projects to build on Cardano Founder of Cardano and IOG Charles Hoskinson has taken to Twitter to share a positi...
OpenSea: New launches within the ‘Open’ end sea have a neutral effect this month
The top NFT marketplace by volume, OpenSea has had a difficult start to this year. Trading volume saw a plummeting figure, rather than a concerning one. After some not-so-impressive figures in August,...