Month: August 2022
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Net Longs for USD is on the Rise While EUR Does the Same for Shorts
The latest foreign exchange market data shows that the speculators have grown a firm stand in favor of the USD’s net long positioning. However, an opposite orientation is being recorded […]
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Bitcoin’s Value Plunging by $1.5k Causes Overall Crypto Market Valuation by $100 Million
The daily scale for the overall cryptocurrency market shows that the liquidations have skyrocketed. The entire cryptocurrency market has experienced a great plummet ever since the market has experienced a […]
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After Stopping Mining in Russia, SBI has Lost 40% of its Hash Rate
SBI Holdings has made an announcement in regards to the termination of their mining operations in Russia. SBI has been running its mining operations in Russia like other major mining […]
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Here’s Why EURUSD Reached Parity In 2022
Although it was a scenario that seemed less likely a few years ago, EURUSD reached parity on July 13th, 2022, for the first time since 2002. You probably already know […]
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Highest Inflation Reported in EU Causes Bitcoin Price to Rise Over $23.5K
On August 18, the trading price of Bitcoin experienced a significant surge. The trading price of Bitcoin (BTC) recorded another small level rally that helped pushed the trading price of […]
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Another Stablecoin Suffers from a De-peg Bringing in More Instability to Crypto-Verse
In the year 2022, the cryptocurrency industry seems to have faced many downtrends. Given the amount of regulatory pressurizing and economic factors, something like the downfall of the crypto-verse was […]
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Weekend Trading has Produced Classic Volatility Pushing Bitcoin Price over $25k
It was for the first time in months that the trading price of Bitcoin was able to through the $25,000 barrier. The price graph shows Bitcoin’s value rose above the […]
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Vauld’s $46 Million Worth of Funds Frozen by ED of India
The Executive Directorate of India has reportedly frozen $46.4 million worth of assets belonging to Vauld. Vauld is one of the major cryptocurrency exchanges operating in India. The cryptocurrency exchange […]
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Cryptocurrencies Are Experiencing A Widespread Downtrend In Past 24 Hours
The overall market valuation of the cryptocurrency industry recorded a great fall. The data shows that the market valuation of the entire cryptocurrency industry has dipped 9.1% in the past […]
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Google’s Investments in Blockchain Companies Have Climbed to $1.5 Billion Since September
Since mid-2021, the mainstream sector has been playing a key role in the worldwide adoption of cryptocurrencies. Among all the major mainstream companies, the tech sector is adopting cryptocurrencies on […]