19 seconds ago | 2 mins read Altcoin News The stablecoins are going low and belong to their peg. The market cap of stablecoin as of now is above $150 billion. The stablecoins in the cryptomarket are i...
Tag: Hits
BNB Price Hits $196 Low
The Binance Coin price prediction is facing a decline in the value of 5.99% after being rejected at a $218.8 resistance level. Binance Coin Prediction Statistics Data: Binance Coin price now – $202 Bi...
BCH Higher to Start the Weekend, MATIC Hits 15-Month Low – Market Updates Bitcoin News
On a day where bitcoin broke out of its $20,000 support point, BCH bounced on its own floor, climbing higher on Saturday. BCH was up by nearly 7% to start the weekend, whilst MATIC fell to its lowest ...
GBTC Discount Hits All-Time Low as SEC Bitcoin ETF Decision Looms
Shares of the Grayscale Bitcoin Trust (GBTC) have continued to slide, trading at a discount of 33.75% to the spot price of Bitcoin—a new all-time low since its inception in 2017. GBTC is a financial v...
GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens
The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot market. Data from on-chain analytics resource Coinglass shows GBTC s...
Compassion Fatigue Hits Supporters Of Ukraine As War With Russia Grinds On
Two dresses and a photo of a child are displayed in Chicago’s Ukrainian National Museum Ukrainian National Museum, Chicago Maria Klimchak remembers what customers would say when they bought all ...
Australian Crypto King And Co-founder of Finder Says He Will Buy Millions in Bitcoin When It Hits This Price
– Advertisement – Australian Crypto King, who got the king title because of Bitcoin, will buy more BTC at a certain point. An Australian businessman known as the “crypto king” has made t...
The Three Arrows Capital crisis hits the fan with this new twist
The Three Arrows Capital crisis seems to have taken a new shift after latest developments. The Singapore-based hedge fund has been edging towards insolvency with massive liquidations. Co-founder Su Zh...
Mortgage Rates Surge The Most In 35 Years As Fed Hits Home Buyers
U.S. mortgage rates surged the most in more than 36 years this week, data from Freddie Mac indicated Thursday, as house buying costs continue to track the Federal Reserve’s interest rate path am...
ApeCoin Hits New Low as Ethereum, Bored Ape NFT Prices Tumble
In brief ApeCoin, the Ethereum token of the Bored Ape Yacht Club ecosystem, has fallen 65% in value over the past 30 days. The token has lost significantly more value than other gaming-related tokens ...
Tether Hits Back at ‘Rumors’ Regarding its Commercial Paper Portfolio
Tether dismissed what it labeled as “false rumors” regarding the reserves that back its USDT stablecoin in a statement released Wednesday morning. It said in a blog post the notion its “commercial pap...
Kraken CEO Jesse Powell hits out at ‘triggered’ employees
Kraken CEO Jesse Powell has hit out at a small group of employees employed at the cryptocurrency exchange for their lack of cultural fit with the company. In an 11-post Twitter thread on Wednesday, Po...
Bitcoin whales wake up from ‘winter nap’ to buy the dip as inflow activity hits a 4-month high
Amid the current market collapse, new data reveals that crypto whales had taken advantage of the chance to acquire Bitcoin (BTC) when the asset came dangerously close to plunging below the critical su...
Tether hits out at reserves ‘rumors’ and distances itself from Celsius
Stablecoin provider Tether hit out at “rumors” about its holdings of commercial paper, a form of short-term corporate debt, while distancing itself from troubled lender Celsius and crypto ...
Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit – Bitcoin News
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC...
Warren Buffett gives away $4 billion in Berkshire Hathaway stock as bidding for his last ever luncheon hits $3 million
As bidding for the last-ever chance to lunch with Berkshire Hathaway’s chairman and CEO Warren Buffett reached the $3 million mark, the investing legend himself announced a $4 billion giveaway in stoc...
Bitcoin Rout Hits ‘Darkest’ Phase With Entire Market Underwater
(Bloomberg) — The bear market for Bitcoin has entered its “deepest and darkest” phase, with even long-term holders who had toughed it out until now coming under extreme pressure. Most Read from ...
Texas power demand breaks record as severe heat wave hits the state
Yvette Johnson, 54, sits next to a fan outside of her families home on June 10, 2022 in Houston, Texas. Brandon Bell | Getty Images Power demand recently hit a record high in Texas amid a severe heat ...
Bitcoin Slumps to $22K as U.S. Dollar Hits Two-Decade High
Alex Dovbnya Bitcoin is close to dropping levels, at which MicroStrategy would have to face margin call Bitcoin, the world’s largest cryptocurrency, has extended its sell-off, plunging to an int...
S&P 500 enters bear market, 10-year yield hits 11-year high
U.S. stocks sank into a bear market on Monday, with traders betting a fresh decades-high print on inflation will force the Federal Reserve to get even more aggressive than previously anticipated to he...
Bitcoin (BTC) Trades Below $24k, Fear And Greed Index Hits 11
Bitcoin currently trades below the $24,000 mark for the first time since December, 2022 as the crypto Fear and Greed Index dumped from 14 to 11 within 24 hours, indicating “extreme fear”. Is Crypto Wi...
Bitcoin’s Relative Strength Index hits an all-time low; Did BTC just hit the bottom?
The effect of the cryptocurrency sector’s ongoing volatility has been highlighted by Bitcoin’s monthly Relative Strength Index (RSI), which has hit its lowest point on record. As of June 13, Bitcoin h...
Coinbase stock falls 20% as Celsius news hits cryptocurrencies
Coinbase Global Inc (NASDAQ: COIN) opened more than 20% down this morning after a crypto lending company made an announcement that pushed Bitcoin to its lowest since the start of 2021. Celsius Network...
Crypto plunges to its worst over the weekend as US inflation hits a 40-year high
Bitcoin and Ether suffered losses over the weekend as cryptocurrencies fell on Sunday amid a broader selloff by the crypto sector following data showing US inflation hitting a new 40-year high. Bitcoi...
U.S. gas prices average hits $5 as summer of pain sets in
Gas prices topped $5 a gallon nationwide as of Saturday, according to the latest price data from AAA, and the sharp rise in recent months is not showing signs of slowing. The national average for a ga...
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second – Mining Bitcoin News
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate ...
U.S. inflation hits 8.6% in May: ‘next measures will be even higher’
The S&P 500 index is down 3.0% on Friday after the U.S. Bureau of Labour Statistics said inflation accelerated again and hit a new forty-year high of 8.6% in May. Mohamed El-Erian reacts to the in...
AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High – Market Updates Bitcoin News
AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-yea...
CPI news sends stocks tumbling: inflation rate hits 40-year high
The Dow Jones Industrial Average is down more than 800 points on Friday after investors reacted negatively to the latest inflation data in the US. The consumer price index (CPI) data for May showed p...
U.S. Inflation Hits Four-Decade High of 8.6%
Key Takeaways Today’s U.S. inflation numbers came in at 8.6%, hitting a fresh 41-year high and significantly exceeding economists’ expectations. Inflation reaccelerating despite the Federa...
Tezos Hits Four-Week High Following USDT Launch
XTZ, the native cryptocurrency of the Tezos blockchain, is outperforming the rest of the market on Thursday after soaring to a four-week high of $2.23. A minor correction has brought the asset’s price...
Stitch Fix hits an all-time low on disappointing Q3 results
Shares of Stitch Fix Inc (NASDAQ: SFIX) tanked more than 15% in extended trading after the personal styling service reported disappointing results for its fiscal third quarter. Notable figures in Stit...