Bitcoin surges past $64k as expectations for monetary easing rise

Bitcoin continued its upward trajectory late Tuesday, surpassing $64,000 as traders anticipate further monetary easing measures from central banks around the world. The growing expectation of a second consecutive 50 basis point interest rate cut by the US Federal Reserve in November has provided a strong tailwind for the cryptocurrency market. At press time, Bitcoin […]

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Bitcoin - Are you overestimating the impact of September's Fed Rate Cut?

Market could be making a mistake by pricing in a 100% Fed rate cut for September Bitcoin maintained a bearish bias on the weekly chart and could struggle to recover till October/November TheThe post Bitcoin - Are you overestimating the impact of September's Fed Rate Cut? appeared first on AMBCrypto.

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Compound Finance Closes $25 Million Series A Led By a16z

DeFi lending platform Compound raised $25 million in Series A funding on November 15, 2019, led by Andreessen Horowitz – one of the largest ever DeFi startup raises at the time. Andreessen Horowitz, also known as a16z, highlighted that they had been working with the Compound team for two years and had a strong belief […] The post Compound Finance Closes $25 Million Series A Led By a16z appeared first on DeFi Rate.

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U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021

Before this morning's jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool.

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BEFE: The Secret Meme Coin Looking To Mint Millionaires at Breakneck Speed

BEFE – the newest meme coin in the market BEFE coin was launched in November 2023. It is inspired by the internet’s favourite playful green frog.  Even though it is a new player in the meme coin category, its growth rate and popularity have exceeded those of all other coins in its category, like Dogecoin […]

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Cardano's Charles Hoskinson Reacts to Epic ADA Prediction, Elon Musk Presents Neuralink's First Product, SHIB Burn Rate Jumps 1,530%: Crypto News Digest by U.Today

Let's see what crypto news the last day of November brought in U.Today's latest news digest

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Bitcoin (BTC) Price Analysis for November 28

When can rate of Bitcoin (BTC) return to midterm rise?

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SHIB Price Analysis for November 22

Has rate of SHIB touched oversold zone yet?

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SHIB Price Analysis for November 9

Has rate of SHIB reached overbought zone so far?

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Top 3 Altcoins For November 2023 That Could 100x Your Crypto Portfolio

Altcoins have become one of the most preferred ways for crypto investors to secure massive gains in the industry especially given Bitcoin’s massive growth rate in the last decade. Because a lot of these altcoins have significantly smaller market caps, they tend to have a lot of runway for growth, making them an enticing option.

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XRP Price Analysis for November 5

Has rate of XRP found local peak yet?

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Aragon Association dissolves, tells holders to redeem ANT for ETH

The Aragon Association is the steward of the Aragon (ANT) treasury and assets. Token holders have until November 2, 2024 to redeem their ANT tokens for Ether (ETH). 86,343 ETH from the treasury has been deployed for the redemptions, with the rate at 0.

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Binance Coin (BNB) Price Analysis for November 2

Has rate of Binance Coin (BNB) found local peak?

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Is the Fed Done Hiking? Bitcoin Breaches $34.5K as FOMC Holds Rates Steady

The Federal Open Market Committee (FOMC) concluded its November meeting today and announced that interest rates will remain unchanged. This signals an end to the aggressive rate hiking cycle we’ve seen throughout 2022 as the Fed attempts to combat high inflation.

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Shiba Inu (SHIB) Prints 104% Burn Rate Surge, Price Drops 3%

Shiba Inu sends over 12 million SHIB to dead wallets in first deflationary move for November

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Why Ethereum developers may not prolong the fresh Devnet launch

The network participation rate on Ethereum increased to 90% as Devnet-9 closes in on completion. The Dencun testnet could launch before November ends. Ethereum [ETH] developers had their usuThe post Why Ethereum developers may not prolong the fresh Devnet launch appeared first on AMBCrypto.

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Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve's Powell

The pause in rate hikes had been overwhelmingly expected by market participants, who will now begin focusing on the U.S. central bank's next policy meeting in November.

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Bitcoin Suffers Largest Daily Plunge Since November to Sink Below $22.6K as Fed Meeting Looms

The largest cryptocurrency by market capitalization was recently down over 4.5% amid ongoing worries about inflation and the size of the next interest rate hike.

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MATIC Seen Breaking Present Support With Sustained Momentum

MATIC has shown rapid accumulation or increase in the supply since the final days of November. More so, there was also an increased demand seen in the derivatives market which could be the outcome of positive Binance Funding Rate on the MATIC/USDT pair.

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November Jobs Report Due Friday as the Fed's Powell Confirms Slower Pace of Rate Hikes

Friday’s employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to Federal Reserve Chair Jerome Powell.

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Dogecoin rate rose sharply after Musk’s announcement about the future of Twitter

The Dogecoin exchange rate exceeded $0. 1 on the evening of November 27, rising by 19% in a few hours. As of November 28, 10:00 Moscow time, the “meme” cryptocurrency is trading at $ 0.

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The global blockchain devices market to hit $5.6 billion by 2027 

The global blockchain devices market is expected to grow to $5.6 billion by 2027 with a Compound Annual Growth Rate (CAGR) of 35.9% within the forecast period, according to a research report published by ResearchAndMarkets on November 24, 2022. Blockchain…

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CryptoSlate Wrapped Daily: Bitcoin miners continue to sell as realized loss from FTX exceeds LUNA collapse

The biggest news in the cryptoverse for November 22 includes the increasing rate of miner sellouts, realized Bitcoin loss from FTX fallout surpassing the losses caused by the Terra collapse, and Digital Currency Group CEO Barry Silbert’s comments regarding the liquidity situation at Genesis.

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BTC difficulty to adjust over weekend as miners capitulate

Bitcoin’s mining difficulty is expected to adjust Sunday night/Monday morning (November 20/21. ) Currently, over 100% of the mined Bitcoin supply is being spent at the fifth most significant rate ever.

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Uncertainty Looms Amid Binance’s Failed Acquisition Of The FTX Crypto Exchange

On November 2, 2022, the Fed raised its key interest rates by 75 basis points for the fourth time this year, bringing the target range for the federal funds rate to 3.75 to 4 percent. Immediately following the Fed rate announcement, the price of Bitcoin remained above US$20,000, as the markets had anticipated an interest […]

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Dogecoin Forms Extremely Important Pattern: Crypto Market Review, November 3

Markets are recovering from yesterday's rate hike, and there's place for memetokens

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CryptoSlate Wrapped Daily: Bitcoin volatility lower than Dow with another Fed rate hike of 75 basis points looming

The biggest news in the cryptoverse for October 21 includes the likelihood of the Federal Reserve increasing the interest rates by another 75 basis points in early November, the emergence and price surge of two new meme coins created out of a joke from Vitalik Buterin, and Circle and Axelar’s new protocol seamlessly allowing USDC […] The post CryptoSlate Wrapped Daily: Bitcoin volatility lower than Dow with another Fed rate hike of 75 basis points looming appeared first on CryptoSlate.

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The Fed Will Raise Rates Again in November, But May Slow Hikes Afterwards

The U.S. Federal Reserve has announced plans to raise the interest rate after several other recent rate hikes. Interest Rate Hike Expected In November Interest rates are set to rise...

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Fed likely to hike interest rates by 75 basis points in November meeting

Federal Reserve officials are working on introducing another 75 basis point rate hike at the upcoming meeting from November 1-2, according to a report by The Wall Street Journal. The post Fed likely to hike interest rates by 75 basis points in November meeting appeared first on CryptoSlate.

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Turkey Enters Galloping Inflation

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This Week in DeFi – November 26

To the DeFi community, This week, DeFi-focused L1 Elrond announced a massive $1.29 billion liquidity mining program for the Maiar […] The post This Week in DeFi – November 26 appeared first on DeFi Rate.

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This Week in DeFi – November 19

To the DeFi community, This week, Paraswap distributed PSP tokens to approximately 20,000 active users of the protocol, a small […] The post This Week in DeFi – November 19 appeared first on DeFi Rate.

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Stablecoin Supply Grows at the Fastest Rate Since June, 6.55 Billion Added in First 10 Days of November

Stablecoin supply is back on the rise after staying mostly flat for some time. In the first five months of the year, as the crypto market rallied, the supply of stablecoins increased significantly.

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This Week in DeFi – November 12

To the DeFi community, This week, Solana-based DEX Raydium announced a partnership with liquidity aggregator Serum to kickstart cross chain […] The post This Week in DeFi – November 12 appeared first on DeFi Rate.

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Is rate of crypto-innovation the biggest challenge in itself?

The crypto market surpassed the combined market cap of $3 trillion for the first time on 8 November, 2021. It is considered the fastest market to reach such high levels of valuations in such a short tThe post Is rate of crypto-innovation the biggest challenge in itself? appeared first on AMBCrypto.

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This Week in DeFi – November 5

To the DeFi community, This week, the Aave community voted to approve a proposal for Aave V3, introducing the next […] The post This Week in DeFi – November 5 appeared first on DeFi Rate.

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KaraStar Plans Beta Launch For November 5th With $500,000 In Prizes At A 100% Winning Rate

KaraStar blockchain game will be launching its beta version on Nov. 5, 2021. Thereafter, users will have the opportunity to complete various tasks on the game’s official website at a 100% winning rate.

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Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation

The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time the benchmark rate has been increased since November 2017. Rising Inflation […]

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Yearn Finance (YFI) Dips 25% in Five Days; More Downsides Ahead?

Yearn Finance’s governance token YFI logged further losses in a bearish correction that saw its price crashing by 25 percent this week. The YFI/USD exchange rate plunged more than 5 percent on Friday to an intraday low of $22,030, further foreshadowing its 328 percent price rally between November 5, 2020, and December 3, 2020. So […]

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Ethereum Expects to Hit $750 as Price Holds Key Technical Support

Ethereum blockchain native’s token ETH expects to reach $750 in the fourth quarter as it holds above a crucial technical support level. On Monday, the ETH/USD exchange rate attempted to breach a short-term ascending trendline for the tenth time since November 26.

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This Week in DeFi – November 8th

To the DeFi Community, The launch of Eth2 staking is a monumental moment for crypto. Years of hard work are […] The post This Week in DeFi – November 8th appeared first on DeFi Rate.

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A $13,500 Bitcoin Looks Inevitable as Price Fixes “Overbought” Worries

A combination of supportive fundamental and technical catalysts are pointing towards an extended Bitcoin bull run. The BTC/USD exchange rate kicked off the new week in positive territory on signs of institutional adoption, lower sell-off sentiment, and the global market uncertainty over the second coronavirus fiscal aid and the November 3 presidential election. The pair […]

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Mining Pools Hoarding Bitcoin Since November, BTC Balance Jumps by 103%: Chainalysis

The third Bitcoin halving is past us and the block reward is now officially 6.25 BTC which means miners profitability is shot by 50% and there will only be an inflow of 900 BTC per day now. The after-effects can already be seen in the bitcoin market, with the hash rate declining over 20% after […]

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Monero Price Analysis - Random X removes ASICs but has led to mining pool centralization

Following the implementation of a new consensus algorithm, as part of a network wide hard fork in November, Monero's hash rate has hit a new all time high. The new RandomX algorithm offers CPU mining at a competitive advantage over both GPUs and ASICs.

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LINK’s Double Top Suggests a Correction Awaits [Premium Analysis]

The LINK price has likely reached its high for 2019. The corrective period should continue until LINK begins a new upward move at a more gradual rate. The LINK price has been decreasing since November 16, having lost 30% of its value.

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Bitcoin miner capitulation may be too early to determine as hash rate recovers

The threat of Bitcoin miner capitulation in the near-term has subsided, as the hash rate of the network recovered. Up until late November, the hash rate of the Bitcoin network was hovering at around 80 exahash.

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Chinese Inflation Jumps to 4.5%, Highlighting Bitcoin’s Scarcity

China’s inflation rate has jumped to 4. 5 percent for the month of November — highlighting the value proposition of deflationary currencies, like Bitcoin. China is notoriously hostile to cryptocurrencies, despite its government’s commitment to blockchain.

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Does ATOM Have Enough Strength for a Breakout? Analyst Makes His Case

ATOM has been increasing since September 8. Until now, it has almost tripled in value, having increased by 180%. The increase was gradual until November 1st when the rate of increase intensified.

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Will Ethereum’s Price Increase in Anticipation of the Hard Fork?

During the week of November 17-24, the Ethereum price decreased by 25 percent. This was somewhat atypical since the rate of decrease was higher than that of Bitcoin — which has not been the case since September.

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