Author: admin
While most altcoins have recorded notable price declines, Bitcoin is currently one of the few digital assets experiencing only modest daily declines. Avalanche once again leads the race with a significant drop of 12%, followed by APT, LDO, FIL, NEAR, OP, etc. Alternative dumps hard Most altcoins were soaring higher until recently, hitting impressive local peaks, but things have changed considerably now, with red dominating almost all charts. Following the news that BlackRock had officially filed for a Spot ETH ETF, Ethereum surged to $2,100. However, within minutes, the second-largest cryptocurrency began to rapidly lose value and is currently trading…
Bitcoin reacted well to yesterday’s weekly low, jumping $30,000 in a few hours and challenging $38,000 again. Altcoins also turned green, with ETH regaining $2,000 and BNB above $250. BTC eyes $38,000 again Just a week ago, Bitcoin soared to $38,000 for the first time in 18 months before crashing. However, the bears anticipated this move and quickly pushed assets south. In just a few minutes, Bitcoin fell by more than $2,000. By the end of the week, BTC had regained some value and was above $37,000 for several days. The situation worsened on Tuesday and especially on Wednesday, when…
Eurozone inflation eased again in October, hitting its lowest level in two years. Second estimates released by Luxembourg's Eurostat on Friday showed annual inflation fell to 2.9% from 4.3% in September. Inflation rate at lowest level since 2021 Consumer prices in October rose 0.1% from the previous month. October's decline brought the single currency area's inflation rate below 3% for the first time since summer 2021. Core inflation, which excludes volatile energy and food prices, also fell. The annual rate fell to 4.2% from 4.5% last month. Many economists believe that core inflation is a slightly better measure of inflation…
Cobra's Crypto Market Screener is designed to provide a comprehensive overview of the top 40 cryptocurrencies by market capitalization in table/heatmap format. This indicator incorporates important metrics such as Beta, Alpha, Sharpe Ratio, Sortino Ratio, Omega Ratio, Z-score, and Average Daily Range (ADR). This table uses cell color coding similar to a heatmap, allowing you to quickly visually analyze and compare multiple cryptocurrencies. The indicator also includes a shortened descriptive tooltip for each metric when you hover over the cell in question. For those interested, I will explain each in detail here. Metric description: 1. Beta version: Measures the sensitivity…
Important points The European Union (EU) has cut its forecast for euro zone economic growth in 2023 from 0.8% to 0.6%, although it expects the eurozone economy to avoid recession.The euro zone economy could recover next year as inflation eases on the back of a strong labor market.The EU has warned that wars between Russia and Ukraine and Israel and Hamas have increased uncertainty and downside risks. The European Union has cut its growth forecast for the eurozone economy this year to 0.6% from the 0.8% forecast in September. is not expected. High inflation, rising interest rates and weak external…
The exploit began around 4:36 p.m. on November 11th, when an unknown actor quickly converted stolen stablecoins to Ethereum (ETH), before converting them to Bitcoin (BTC). , it was sent to illiquid but non-custodial exchanges such as FixedFloat and ChangeNow. , using a permissionless THORChain bridge.This is an excerpt from The Node newsletter, a daily roundup of the most important crypto news from CoinDesk and beyond.You can subscribe to get the full version Click here for the newsletter.”They'll probably leave the funds in a blender or send it to a shady service next time,” ZachXBT noted.Attackers hope to have ready…
Image source: Getty Images As 2022 approached, crypto investors were nervous.Major token prices Bitcoin (BTC -1.37%) increased by 61%; Ethereum (Ethereum -2.2%) increased 409% year over year. However, after the last major rally in 2017, 2018 was on ice, and November 2021 saw the major coins begin a downtrend. Is the cryptocurrency market headed for another sharp correction?After all, 2021's mostly positive market momentum was overwhelmed by a bearish trend in spring 2022. Rising inflation, Russia's invasion of Ukraine, and other macroeconomic challenges led to a decline in the stock market. Cryptocurrencies followed suit, falling much faster than before. S&P500…
Crypto tech Companies are businesses that operate within the cryptocurrency and blockchain technology space, leveraging innovations in blockchain, cryptography, and decentralized technologies to provide products and services that cater to the evolving digital financial ecosystem. These crypto tech companies are instrumental in shaping the future of finance, driving the adoption of cryptocurrencies, and exploring the potential of blockchain technology across various industries. Below, we’ll delve into the characteristics and significance of crypto tech companies: Blockchain Innovation: Crypto tech companies are at the forefront of blockchain innovation. Crypto tech companies contribute to the development and enhancement of blockchain protocols, smart contracts,…
Marketing experts and participants say the UK's new rules will help stamp out the worst excesses of crypto investment promotion, after regulators issued 146 warnings about fraudulent activity in the first day of regulation. “We are making progress,” he said.The Financial Conduct Authority has issued a warning warning consumers about companies offering crypto assets without the regulator's permission, following the Financial Conduct Authority's regulatory oversight on October 8. .The Financial Times reported that the FCA has taken tough measures despite pressure from ministers to be more lenient with companies that fail to meet all the demands of the new regulatory…
Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Billionaire Ken Griffin's Citadel Securities plans to start making markets in euro zone government bonds next year, challenging investment banks' dominance of the 10 trillion euro market.The Miami-based high-frequency market-making firm hopes to take advantage of Europe's steady shift to electronic trading and the most active continental government bond trading market in nearly a decade.Citadel Securities, which has strong positions in U.S. stocks, Treasuries and swaps, is at the vanguard of a group of super-fast companies that have entered the sovereign debt market at…