Year: 2024

Bitcoin surge triggers $100 million shockwave in crypto market

Quick Take The recent surge of Bitcoin, pushing its price above the $26,000 mark, has triggered notable ramifications in the…

Read More »

Bitcoin about to witness sixth death cross in 5 yrs

Quick Take As Bitcoin’s price hovers around $26,000, technical indicators suggest a death cross is imminent, a situation defined by…

Read More »

UK skates toward stagflation as unemployment, inflation rise and economic growth falters

Quick Take The United Kingdom’s economy is on a concerning trajectory toward stagflation, a condition characterized by high unemployment, elevated…

Read More »

Bitcoin hash rate surpasses 400EH/s marking a milestone as seasonal shifts in energy costs emerge as a player in mining economies

Quick Take The Bitcoin hash rate has recently surpassed the 400EH/s mark, a notable milestone in the cryptocurrency landscape. According…

Read More »

Bitcoin stands tall as US inflation data surpasses market expectations

Quick Take The US Consumer Price Index (CPI) inflation data released today, Sept. 13, marked an uptick, outstripping the consensus…

Read More »

Bitcoin experiences fourth major surge in new addresses, signaling robust network momentum

Bitcoin is currently witnessing its third-highest level of new address growth ever. What does this mean for the crypto landscape?…

Read More »

Large and small-scale investors show divergent reactions to Bitcoin downturn

Quick Take Recent data analysis reveals a fascinating trend within the Bitcoin investing landscape. For almost a month, there’s been…

Read More »

Bitcoin energy use up but carbon emissions drop, Bloomberg crypto analyst reveals

Quick Take Bloomberg crypto market analyst Jamie Coutts stated that carbon emissions have declined despite an increase in Bitcoin energy…

Read More »

ECB rate hike catapults EUR/USD into sharp decline: a tale of forex sensitivity

Quick Take The European Central Bank (ECB) has initiated a rate hike of 25 basis points, causing the ECB rates…

Read More »

Oil prices have surged 55% during Jerome Powell’s tenure as Fed Chair

WTI Crude oil hovers around $90 a barrel, exerting additional inflationary pressure on global central banks. Under Jerome Powell, the…

Read More »