Bitcoin (BTC) Rally May Stall if Fed Chair Powell Does not Signal End of Tightening, Crypto Observers Say

[ad_1] “As the market is expecting a pause after this hike, we’ll be looking for the sentence on ‘additional policy firming may be appropriate’ to be removed from the statement, replaced by more open-ended language leaving the door open for either more rate hikes or a pause, i.e., data-dependency,” Dick Lo, the founder and CEO […]

Continue Reading

Market Value of ‘Bitcoin Request for Comment’ (BRC-20) Tokens Rockets to $137M, Up 600% in a Week

[ad_1] As of writing, the combined market cap of more than 8,800 BRC-20 tokens was $137 million – a staggering 682% rise from $17.5 million seen a week ago, according to data tracked by Ordinals-builder Ordspace. (For a brief moment early Tuesday, the website showed the total market cap at $2.93 billion. Ordspace said the […]

Continue Reading

Bitcoin BTC Price Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Bank Woes

[ad_1] Ether (ETH), the second-largest cryptocurrency by market value, followed a similar pattern, jumping almost 3% over the past 24 hours to change hands at around $1,920. The CoinDesk Market Index (CMI), which measures overall crypto market performance, was up over 6% for the day. [ad_2]

Continue Reading

Ethereum (ETH) Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows

[ad_1] As ether’s price rose in April, so did the total value locked (TVL) of Ethereum layer 2, or companion, networks, reaching $10 billion on April 14, its highest level yet. TVL has subsequently declined amid a swoon in crypto prices but remains at around $9.29 billion, more than double where it stood at the […]

Continue Reading

Ether (ETH) Price Drops to Lowest Since Shanghai Upgrade as Bitcoin (BTC), Crypto Prices Fall

[ad_1] Crypto markets have been showing weakness in the past few days as concerns around sticky inflation, stock market earnings and looming recession have dragged prices lower, Edward Moya, senior market analyst of foreign exchange market maker Oanda, said Thursday on CoinDesk TV. [ad_2]

Continue Reading

Bitcoin BTC Price Tumbles Below $28K on Coinbase Before Rallying

[ad_1] Equity markets also declined, amid a series of disappointing first-quarter earnings, including car maker Tesla, whose revenues fell slightly short of consensus estimates, and Blackstone, the world’s largest alternative asset manager. The S&P 500 and Nasdaq Composite fell 0.6% and 0.8%, respectively for the day. The Dow Jones Industrial Average (DJIA) was down 0.3%. […]

Continue Reading

Radix Token XRD Price Doubles in a Month to Become Best-Performing Top 100 Cryptocurrency

[ad_1] XRD has rallied by 176% to $0.114, with the price reaching a 12-month high of $0.15 at one point, Messari data show. The rally has lifted the cryptocurrency’s market capitalization to $1.16 billion, making it the 46th largest coin in the market. In four weeks, market leaders bitcoin (BTC) and ether (ETH) have gained […]

Continue Reading

Space ID Tokens Wow Investors Weeks After Binance Launchpad Sale

[ad_1] The price action in Space ID, which allows users to exchange, register and manage crypto-based domain names, reinforces Binance Launchpad’s position as a lucrative platform for traders looking to get allocations of tokens in new projects. The subscription period for ID ended in March, becoming the latest Binance Launchpad offering. [ad_2]

Continue Reading