The likelihood of a Federal Reserve rate hike by 25 basis points to 3.75-4.00% has increased to 87.3%, raising concerns of a bearish reaction in Bitcoin's price. Bitcoin is caught between long-term buyers and short-term caution, with recent volatility triggered by the U.S. CPI report causing significant liquidations. Despite attempts to climb towards the key $82,000 resistance, short-term bullish momentum is weakening. Indicators like the Coinbase Premium Index and exchange net flows will be critical to watch for signs of renewed demand and potential price gains.
The FLWS token has been listed on the Solana blockchain through the Sunrise platform, with issuance attributed to Backpack Securities. This launch marks FLWS as a tokenized equity product named “1-800-FLOWERS.COM – Backpack,” but key details such as ...
Grayscale reports that Zcash mining rewards are about twice as high as Bitcoin's per mining rig and four times higher per unit of electricity, making Zcash mining highly profitable. This profitability has led to a 2.5-fold increase in Zcash mining ac...
Uniswap processed $70.6 billion in trading volume over the past month, surpassing the combined $44.6 billion volume of its three closest decentralized exchange competitors: PancakeSwap, BisonFi, and Meteora. Robinhood Chain was the largest contributo...
Polkadot (DOT) saw a 9.85% price drop after a strong 35% gain over the past week, raising questions about whether demand is falling or if the market is just clearing leveraged positions. Despite the price decline, funding rates shifted from negative ...
The likelihood of a Federal Reserve interest rate hike on September 16 has surged to 86.5%, putting pressure on major cryptocurrencies like Bitcoin, Ethereum, and XRP. This potential rate increase is driven by rising U.S. inflation data, which has un...
