The shares of the Grayscale Bitcoin Trust (GBTC) saw a new record low of -31% last Thursday, June 30; that is, GBTC’s discount hit -31%, its lowest point in history. The discount means the marke...
Tag: Hits
GBTC’s Discount to NAV Hits New Record Low after SEC Bitcoin Spot ETF Decision
The shares of the Grayscale Bitcoin Trust (GBTC) saw a new record low of -31% last Thursday, June 30; that is, GBTC’s discount hit -31%, its lowest point in history. The discount means the marke...
Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the beginning of 2022 — and now that inverse relationship is more extreme than ever. Bitcoin and the dollar go in oppos...
Euro zone inflation hits new high: ‘there may be more gains to come’
Euronext 100 index is in focus on Friday after Eurostat (Statistical Office of the European Union) said inflation in the region hit a new high in June. Senior euro zone economist reacts to the CPI pri...
Kyve Network hits $100 million valuation as it raises $9 million
Kyve Network, a decentralized data storage solution, has raised $9 million in a round led by Distributed Global, according to a news release. Kyve was valued at $100 million after the raise. Wicklow ...
Bitcoin Whales Filling Their Bags In Bullish Sign As BTC Balance On Exchanges Hits Critical Low ⋆ ZyCrypto
Advertisement     After withstanding a string of chaotic weeks, Bitcoin managed to battle bears with the last “weekly” candle signaling a possible relief rally. Since ...
STRMNFT Marketplace Hits 5,000 Registered Users – Press release Bitcoin News
press release PRESS RELEASE. StreamCoin announced that more than 5,000 users have registered for its STRMNFT marketplace. The Web 3.0 live streaming company says it accomplished this feat in less than...
Once BTC Price Hits This Level, Traders Can Expect Bitcoin Bull Run!
Moving averages, indexes, and other technical devices are among many tools and indicators that help us decide if an asset is moving upward or downtrend. However, most traders rely on market analysis, ...
Profit Taking Hits Despite Travel Booking Bonanza Post Quarantine Easing
China Last Night KraneShares Key News Asian equities were a sea of red following the US equity downdraft yesterday. China and Hong Kong were hit with a round of good old fashion profit taking in advan...
How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo Institute
When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold tight or think about buying ...
Dow Plunges Nearly 500 Points, Recession Fears Resume As Consumer Confidence Hits New Low
Topline Stocks fell for a second day in a row on Tuesday as markets failed to build on last week’s strong rebound from 2022 lows, with investors once again selling off shares amid looming recession fe...
Aviation Hits New Low, Ranks As 4th-Leading U.S. Export In 2022
Boeing 737 Max jets sat parked at Boeing Field in Seattle in late 2020, just after being granted FAA … [+] approval to fly again. The Boeing jets had been grounded for 20 months after two deadly...
Tesla Deliveries Due After Shanghai Production Woes; Tesla Stock Hits Resistance
Tesla (TSLA) is likely to announce global production and delivery data for the second quarter later this week, after the Covid lockdowns and restrictions significantly reduced Shanghai plant productio...
Shiba Inu Burn Portal Hits Another Significant Milestone in Amount of SHIB Burned
In late April, the Shiba Inu burn portal was created. The portal, which enables the systematic burning of SHIB tokens, was developed in conjunction with the RYOSHIS VISION token’s developers. Ad...
Bitcoin (BTC) Price Decline Hits Miners Hard, Forcing To Liquidate Holdings
11 hours ago | 2 mins read Bitcoin News Almost $4 billion in mining-rig-backed loans are in jeopardy. Bitcoin miners who need to sell would continue to exert downward pressure. Miners have been hit h...
Russian ruble hits 7-year high, highlighting failure of West’s sanctions
It’s no secret that the dollar has been outperforming relative to other currencies, as I wrote about here, when I felt the brunt of it while holidaying in Ecuador last week (who use the USD). The doll...
Bear market 2022 hits crypto to its worst in historic records
With the recent cryptocurrency market downturn, some investors are worried that Bitcoin and Ethereum may not survive. The current bear market has been long and deep, with valuations being hit severely...
Biggest Movers: SHIB Surges 10% on Saturday, as NEAR Hits 2-Week High – Market Updates Bitcoin News
SHIB was trading by as much as 10% higher on Saturday, as crypto markets were mainly in the green. NEAR was also higher on Saturday, prices having now risen for three consecutive sessions. Overall, cr...
Margin calls and bot liquidations add chaos to crypto as its market cap hits $964b
The cryptocurrency market has been in a frenzy for the past several months. However, the previous few weeks have been among crypto’s worst periods ever. The current market downturns have resulted in l...
THORChain’s Mainnet Hits the Surface-After a While
2 hours ago | 2 mins read Blockchain News Nearly $3.8 billion in native on-chain swaps are available. The protocol’s smart contracts currently have a total value locked (TVL) of about $302.9 million. ...
Buy Chemours at $30 as market valuation hits the bottom
The Chemours Company (NYSE:CC) is trading at $30.99. The forward EPS is 4.59, placing the forward PE at 7.05. Coupled with robust growth, the stock is discounted and therefore a strong buy. Chemours i...
Bitcoin Miners Dump Their BTC Holdings En Masse As Mining Profitability Hits ‘Critical Low’ ⋆ ZyCrypto
Advertisement     According to on-chain crypto-data firm Arcane Research, a huge number of bitcoin miners have been forced to liquidate their holdings in the $20,000 r...
RadioShack Crypto Exchange Hits New Milestone
For those of you who are too young to remember, RadioShack is an old retailer that sold a lot of cool electronics from boom boxes to remote-controlled toy cars. RadioShack Is Accomplishing a Lot Howev...
Stablecoin Dominance Hits All-Time High as Crypto Winter Deepens
When traders and investors exit their crypto asset positions, they usually convert them into stablecoins before taking them off exchanges as fiat. That exodus has been going on for the past six weeks,...
Crypto Startup FalconX Hits $8 Billion Valuation After Raising $150 Million
Institutional crypto trading platform FalconX has raised $150 million in a Series D funding round, bringing the company’s valuation to $8 billion. This means that FalconX’s valuation has more than dou...
U.K. inflation hits 9.1%: senior economist warns we’re yet to see the peak
Consumer prices in the United Kingdom hit a new forty-year high of 9.1% in May, the Office for National Statistics reported on Wednesday. Senior economist’s remarks on CNBC According to the Bank...
UNI Moves Into Top 20, as SHIB Hits Highest Point Since May – Market Updates Bitcoin News
Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was o...
As inflation hits a 40-year high, here’s how to rethink emergency savings
How much do you really need in your emergency fund? Getty Images/iStockphoto You’ve likely long heard that you should have 6-9 months of expenses socked away in your emergency fund – ideally in a safe...
Interest in ‘Bitcoin’ on Google Search hits 12-month high amid heightened volatility
Over the last year, interest in Bitcoin (BTC) has surged, with the cryptocurrency recording fluctuating price movements characterized by an all-time high alongside significant corrections. Despite the...
Telegram Introduces Premium Services as it Hits 700 Million Users
Telegram, one of the most functional messaging apps around, has hit 700 million active users, a milestone that showcases the growing popularity of the free social media app. According to Telegram, th...