Arman Shirinyan Altcoins are still going strong, and some of them might show us even more in foreseeable future Contents Cardano might benefit from Ethereum’s gain Solana and XRP show some poten...
Tag: June
Quant (QNT) More Than Doubles in Price Since June Lows
Quant (QNT) has broken out from a long-term descending resistance line and might have initiated a bullish trend reversal. However, a short-term retracement could transpire prior to the continuation of...
June home sales fall 5.4% from May, as prices set yet another record
A sign is posted in front of a home for sale on July 14, 2022 in San Francisco, California. Justin Sullivan | Getty Images Sales of previously owned homes in June fell 5.4% from May, according to a mo...
Crypto Giant Grayscale Says Crypto Bear Market Began in June 2022 – Here’s How Long It Could Last
Researchers at the crypto asset management giant Grayscale think the current bear market could last for the rest of 2022 and into 2023. In a new analysis, Grayscale researchers Matt Maximo and Michael...
Bitcoin (BTC) Reaches Highest Daily Close Since June 13
Bitcoin (BTC) has broken out from a long-term descending resistance line and a short-term ascending parallel channel. It’s possible that it has begun a bullish trend reversal. Bitcoin had been trading...
Bulls send Bitcoin surging above $23,000 for the first time since June 13
In an unexpected turn of events, market leader Bitcoin (BTC) rallied to trade above $23,000 for the first time since June 13. Over the last 24 hours, Bitcoin jumped by 9% to trade at $23,400 at writin...
No Imminent Crypto Market Upurge Expected Following Release Of June 2022 US CPI Data ⋆ ZyCrypto
Advertisement     At the last meeting in mid-June 2022, the Federal Open Market Committee (FOMC) announced their biggest interest rate hike in four decades of 75 basi...
Monthly NFT trading volumes fell 74% from May to June
The NFT market is cooling down, according to the data. Monthly trading volumes for non-fungible tokens (NFTs) fell 74% between the months of May and June, according to data compiled by The Block Resea...
Ethereum (ETH) Increases by 70% Since June Lows
Ethereum (ETH) has been increasing since June 18 and is showing strong signs of a potential long-term bullish reversal. Current movement ETH has been falling since reaching an all-time high price of $...
NFTs Trading Volume Between May and June Fell 74%: The Block
Non-fungible tokens (NFTs) trading volume between May and June fell 74%, data from The Block Research showed. According to The Block’s data, the trading volume for May was $4 billion, while June...
Retail sales up 1% in June, easing fears of a recession
Commerce Department figures show that consumers are still spending on nonessentials such as gadgets and furniture, but department stores took a hit. Above, a shopper at Hardwear clothing store in Los ...
Bitcoin miners sold nearly 400% of their production in June but…
Bitcoin, the world’s largest cryptocurrency, despite the latest price hike, is finding it difficult to lure miners and prevent the exodus. For many operators, Bitcoin mining was an astonishingly lucra...
Dow Jones, the S&P 500, and Nasdaq price forecast after higher-than-expected June inflation figures
Wall Street’s three main indexes weakened last week amid higher-than-expected June inflation figures and a disappointing initial round of the second quarter earnings reports. The June Consumer Price I...
Profits are down by 58%, but how are Bitcoin and miners coping after June
A great deal of analysts and traders’ focus is fixated on investors. However, when the market moves, it not only affects investors, but the miners as well. June’s crash had a rather profound impact on...
Crypto Trading Volumes Slumped in June to the Lowest Level Since 2020 (Report)
Crypto spot and derivatives volumes across exchanges have fallen more than 15% since May to around $4.2 trillion amid the extended market correction, according to data collected by CryptoCompare. It s...
Solana [SOL] might retest June lows before another major rally and this is why…
Solana [SOL] has been struggling to recover above $40 after ending June on a bearish performance. This is despite its bullish start this month but the reason for this subdued performance is now eviden...
Circle Publishes Inuagural USDC Reserve Treasury Report for June
Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June. Highlighting on Twitter, he affirmed the move as part o...
Europe’s Largest Crypto Miner Reveals Plans To Sell Coins Daily After Selling Well Above Current Levels In May and June ⋆ ZyCrypto
Advertisement     Northern Data, Europe’s largest crypto-miner, in a report on Thursday, reveals that it plans to sell all its mining rewards daily to focus on cash ge...
Sales rose more than expected in June as consumers remain resilient despite inflation
A pedestrian carries a shopping bag while walking through Union Square on May 17, 2022 in San Francisco, California. Justin Sullivan | Getty Images Consumer spending held up during June’s inflat...
Bitcoin, Ethereum Falter as June Inflation Report Is Worse Than Expected
Inflation continued accelerating in June after showing an increase in May, a potentially negative sign for crypto markets that have faltered as the Federal Reserve raises interest rates in response to...
Exchange market down in June as well
Bitcoin and Ethereum closed June at $19,908 and $1,070, down 37.4% and 44.9%, respectively. Exchange market in continuous decline These are the largest monthly declines since February 2014 and March ...
Bit Digital mined no ETH in June
Bit Digital mined 67.6 bitcoin (up 26.6% month-over-month) and no ether in June. As of June 30, the company held 860.7 BTC and 313.6 ETH in its treasury, according to an operational update published T...
Fed Governor Waller says he’s open to ‘larger’ rate hike this month than in June
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday...
Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify
Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a ...
US Inflation Records 9.1% Growth in June as Recession Fears Heighten
The growth in the US Inflation rate is also notably weighing down on the hoard of digital currencies beginning with Bitcoin. The latest inflation data released by the Bureau of Labor Statistics today...
2 key takeaways after the June US CPI report
The main economic event of the trading week is behind us now that the US June inflation report was released yesterday. Inflation keeps rising in the United States and the rest of the world, leading to...
The Fed is winning against inflation despite red-hot June CPI number, Jim Cramer says
CNBC’s Jim Cramer on Wednesday said that while consumer prices rose sharper in June than Wall Street expected, the Federal Reserve is close to beating inflation. “I think we have a real sh...
NFT volume sees yearly low in June, but first-time buyers remain consistent
Blockchain analytics service Nansen has published its NFT Indexes Report for the second quarter of 2022, showing the market dynamics and quantitative performance of nonfungible tokens (NFTs) over the ...