The US consumer price index (CPI) data has been revealed, which stands at 9.1% from 2021. The data has made a major impact on both the traditional and crypto market. The two main drivers of the crypto...
Tag: Hits
More Than 40 Unaccounted For After Flood Hits Southwest Virginia
At least 40 people in Buchanan County, Virginia, were unaccounted for on Wednesday, after flooding and heavy rain from a severe storm ripped through the rural area. The Virginia Department of Emergenc...
India’s TikTok-like App Chingari hits 800,000 $GARI wallet subscribers
Barely six months following the integration of the GARI token into the Chingari application, India’s Tiktok has hit a new milestone. GARI Network announced on July 13, 2022, that it had hit 800,000 wa...
Inflation Hits New High, Will Bitcoin And Ethereum Plummet Again?
Bitcoin and Ethereum have reacted negatively to the Consumer Price Index (CPI) print in the United States. The metric is used to measure inflation in the U.S. dollar and hit 9.1% for June which repres...
U.S. Inflation Hits 40-Year High of 9.1%
Key Takeaways U.S. inflation hit a 40-year high of 9.1% in June 2022, the U.S. Bureau of Labor Statistics confirmed today. Rising energy and gas costs were the biggest contributors to the surge. Bitco...
Animoca Brands Hits a $5.5B Valuation After Raising $75 Million
Hong Kong-based play-to-earn gaming development company Animoca Brands has now attained a valuation of $5.5 billion after a $75 million fund round. The latest valuation comes at a time when the crypto...
Ethereum’s Vitalik Buterin Hits Back at Proof-of-Stake Critics
Alex Dovbnya Ethereum’s Vitalik Buterin has responded to criticism surrounding proof-of-stake consensus algorithm Vitalik Buterin, the Canadian programmer who co-founded Ethereum, has hit back a...
Vitalik Buterin Hits Out Against Proof-Of-Work Supporters Over This
Vitalik Buterin, the founder of Ethereum, took to Twitter to respond to allegations against Proof-Of-Stake. Nick Payton, a self-claimed Bitcoiner, claimed that Ethereum and Proof-of-Stake blockchains ...
What bear market? NFT transaction volume hits ATH in Q2 despite price slump
Fears of a global recession have been pushing some investors to look for alternative markets to achieve better yields. The latest research from BestBrokers showed that NFTs could be the alternative ma...
Euro Hits 20-Year Low in Parity With the Dollar
Key Takeaways The euro fell to a 20-year low of $1.0001 in Tuesday trading. A potential cutoff from Russian gas supplies and recession fears have accelerated the euro’s downturn. BitMEX’s ...
Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Bitcoin (BTC) carried through threats of new local lows July 12 as the White House warned of “highly elevated” inflation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView White House warns ...
Total number of Bitcoin addresses ever created hits 1 billion milestone
The Bitcoin network continues to record increased activity on its blockchain despite the asset undergoing high volatility across 2022. Part of the notable activity has centred around the number of add...
Bitcoin’s Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
On Wednesday, the U.S. Labor Department is scheduled to release June’s consumer price index figure. The data is likely to show the cost of living rose 1.1% month-on-month, bringing the annualize...
Bitcoin Hits New Milestone, Created Wallets Surpass 1 Billion
– Advertisement – The number of Bitcoin wallets created has surpassed 1 billion. Glassnode Alerts, in a tweet on Tuesday, reveals that Bitcoin has reached a significant milestone as the nu...
Tech Rebound Drives Equity Advance As The Dollar Hits New Highs
(Photo by Andrew Burton/Getty Images) Getty Images Stocks indices in the U.S. posted significant gains last week, led by a recovery in beaten-down technology companies. The Ark Innovation Fund ETF, $A...
The Saudis hits number 1 on OpenSea as bots claim free mint, scammers attack Discord
A new free mint NFT project called The Saudis has reached the number 1 spot on OpenSea on launch day, hitting 4,774 ETH within the first 24 hours. However, a cloud has formed over the project as aroun...
DeFi Lender Teller Hits NFT Market With ‘Buy Now, Pay Later’ Service
Decentralized finance (DeFi) lender Teller has introduced a buy now, pay later (BNPL) service for blue-chip non-fungible tokens (NFTs) like Bored Ape and others. According to Bloomberg, intending buye...
“Bear market will end soon”, J.P. Morgan predicted when BTC hits bottom
The crypto market appears to be at its lowest for 2022, when the bear seems to never end. However, JP Morgan’s Nikolaos Panigirtzoglou claimed that the recent liquidity crisis in the cryptocurrency ma...
Bitcoin Hits Highest Weekly Gain, What’s Next BTC Price?
Bitcoin has had one of the worst days this year starting with its April’s bearish journey. However, it looks like the world’s leading cryptocurrency has started its recovery journey as it has reclaime...
“Bear Market Will End Soon”, J.P. Morgan Predicted When BTC Hits Bottom & Rebounds
The crypto market appears to be at its lowest for 2022, when the bear seems to never end. However, JP Morgan’s Nikolaos Panigirtzoglou claimed that the recent liquidity crisis in the cryptocurrency ma...
Ford U.S. Auto Sales Defy Industry’s Q2 Slump But This Fear Hits GM, Ford Stock| Investor’s Business Daily
Ford (F) grew U.S. auto sales in the second quarter, defying a slump in the overall industry. A robust June capped the quarter though Ford missed Q2 sales views, after General Motors (GM) and other au...
Bitcoin-friendly Próspera hits back at controversy in The Guardian
The leadership of the crypto-friendly charter city of Próspera in Honduras has hit back at reports it is facing a backlash from residents of the neighboring community of Crawfish Rock over its expansi...
Ethereum Name Service (ENS) Hits 1.5M Registered Names Amid Crypto Winter
Despite the severe bloodbath in the crypto market, some projects appear to be steadily growing. The Ethereum Name Service (ENS) is a vivid example in this regard, as the project has surpassed 1.5 mill...
Rare Gorgosaurus Skeleton Hits Auction For The First Time
Topline A full skeleton of a Gorgosaurus—a close relative of the Tyrannosaurus rex—could sell for as much as $8 million when it hits the auction block this month, marking the first time the massive di...
Trust In U.S. Institutions Hits Record Low, Poll Finds
Topline Only 27% of Americans have a great deal of confidence in 14 major American institutions on average, a record low since 1979 and a 5% drop from 2021, according to a poll conducted by Gallup, wh...
ATOM Approaches 1-Month High, While MATIC Hits 1-Week High – Market Updates Bitcoin News
ATOM was fast approaching a one-month high during Tuesday’s session, as bullish momentum continued to rise following recent gains. This move comes as MATIC also climbed higher, hitting its highest lev...
Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption
The Bitcoin (BTC) Lightning Network continues going through the roof by making historic highs. As a layer two scaling solution on the Bitcoin network, the Lightning Network (LN) boosts the blockchain’...
ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday – Market Updates Bitcoin News
BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, ...
Turkey Embraces Bitcoin as Inflation Hits 24 Year High
Turkey’s inflation rate has hit its highest level in 24 years, with the annual inflation rate now at 78.62%. The Turkish Statistical Institute published the figure, with the monthly increase being 4.9...
ETH Regains Strength, Price Hits $1,166 Level
The Ethereum price prediction shows that ETH is gaining more strength as the coin crosses above the moving averages. Ethereum Prediction Statistics Data: Ethereum price now – $1,155 Ethereum market ca...