The recent unlock of Chainlink (LINK) token has sparked fear among investors, while the unlocking of Mt Gox has put pressure on BTC. Additionally, DTX Exchange has experienced a surge in demand.
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1,878 in Finance and 5,643 in Crypto last weekWall Street Anticipates Friday’s Inflation Data in Modestly Lower Market
Wall Street is showing a slight decline today as investors await Friday’s inflation data. This cautious stance comes amid anticipation for potential market impact.
read moreGlobal Stocks Rise as Nvidia Rebound Offsets Wall Street Weakness
World shares rose in Europe and Asia following a rebound for Nvidia that offset weakness on Wall Street. The majority of stocks rallied despite another slide for Wall Street heavyweight Nvidia, keeping U.S. indexes mixed.
read moreBitcoin Rebounds Above $62,000 After Recent Dip, Analysts Predict Further Upside
Bitcoin experienced a sharp decline to a six-week low before bouncing back above $62,000, with analysts predicting further upward movement. Despite initial market spook, key metrics like the RSI and the Crypto Fear and Greed Index suggest potential buying opportunities and continued investor interest. Renowned figures like Robert Kiyosaki and Michael Dell have expressed support for Bitcoin, contributing to its positive outlook.
read moreNavigating the Volatile Cryptocurrency Market: Key Assets to Monitor
The cryptocurrency market experienced a significant drop in total market capitalization, causing concern among investors. Bitcoin and Ethereum are facing downward pressure, with technical indicators suggesting potential further declines. While some see opportunities in the volatility, caution is advised as the market remains uncertain.
read moreRipple’s Controlled XRP Supply Raises Scarcity Concerns Among Whales and Traders
XRP faces scarcity concerns as whale accumulation and Ripple’s escrow system limit supply, with almost half of the current XRP controlled by top addresses. The controlled supply paradigm and high demand have led to an unnaturally small circulating supply, while the price of XRP has experienced fluctuations in recent days.
read moreGermany Sells 750 BTC, Drops to Fifth in Global Holdings
Germany has sold off 750 BTC, reducing its global government Bitcoin holdings and dropping to fifth place. The government transferred 250 BTC to Bitstamp and Kraken, totaling approximately $46.35 million.
read moreGlobal Shares Rise as Nvidia’s Recovery Offsets Wall Street Weakness
World shares advanced today as Nvidia’s rebound offset weakness on Wall Street. The Imperial Valley Press published a weekly review of the best stories, upcoming events, new movies, the week in photos, and more.
read moreBitcoin Price Analysis: June End Crucial for Defending Uptrend
Bitcoin’s price needs to stay above $56,500 by the end of June to maintain its upward trend, with market pressure expected to rise due to multiple upcoming closings. Traders are closely watching the Relative Strength Index for potential signals, as Bitcoin’s overbought conditions and order book liquidity indicate potential volatility ahead.
read moreGlobal Shares Rise as Nvidia Rebounds, Wall Street Weakness Offset
World shares advanced in Europe and Asia following a rebound for Nvidia, offsetting weakness on Wall Street. The S&P 500 rose 0.4% and neared its all-time high, while the Nasdaq composite leaped 1.3% for its first gain in four days, driven by strength in technology shares. However, the majority of stocks on Wall Street outside artificial-intelligence winners fell, with the Dow Jones Industrial Average lagging and slumping 0.8%.
read moreBinance Delists Shiba Inu, Chainlink, and Other Cryptocurrencies, Impact on Prices
Binance, the world’s largest crypto exchange, announced the delisting of Shiba Inu, Chainlink, and other cryptocurrencies due to poor liquidity and trading volume. This decision is expected to impact the prices of these cryptocurrencies, with traders remaining cautious amidst market uncertainties.
read moreBitcoin Price Recovers to Nearly $62,500 After Recent Market Volatility
Bitcoin’s price surged to nearly $62,500 before retracing, following a recent market crash. Altcoins like ETH and BNB also saw minor gains, while PEPE and STX emerged as top performers with a 9% increase. The total crypto market cap rose by 1.1% to $2.4 trillion, amidst ongoing market volatility.
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