These Events Will Shape Crypto Market Sentiment This Week
As the US election date approaches, various macroeconomic events are stirring volatility across the crypto market. The crypto market is poised for a volatile week...
86% of Web3 Professionals are Confident About Crypto’s Future – Consensys
Despite regulatory uncertainty, 86% of Web3 professionals remain optimistic about the future of crypto, according to a Consensys report. Uncertain Regulations: Web3 Professionals Still Optimistic...
Global Market Rout Intensifies as Japan’s Nikkei Index Visits Bear Market Territory
The crypto market suffered the single largest drop on Sunday since April 13 as the broader stock market, and Japan witnessed an equity rout. The...
MicroStrategy Tumbles 29% in Premarket Amid Crypto Stocks Meltdown Following Bitcoin Losses
Michael Saylor's MicroStrategy led the widespread plunge that saw Coinbase, Marathon Digital, and Riot Platforms in the double-digit dip. Crypto-related stocks sharply declined, with US-based...
US Economy Adds 209,000 Jobs in June as Labor Market Slows Down
The total number of new jobs in America has reportedly dropped to the lowest ever rate since December 2020. The metric was shared by the...
A Major Setback As Microsoft’s Slow Growth Has Forced It To Cut Jobs
On Monday, one of the spokespersons from Microsoft made an alarming announcement on behalf of the tech giant. The spokesperson has confirmed that the company...
Increase in US Yields Before ECB Causes Dollar Rise
Tuesday makes it the second straight day for the US dollar to see a rise in prices. The greenback slowly drifted from its one month...
Current Demand Concerns Reduce Oil Prices
Early on Tuesday crude oil prices saw a decline following its former sell off after the sharp cut in oil prices from Saudi Arabia. In...
Gold Rises Above Weak US Dollar
After hitting a high of $1836.90 with a corresponding low of about $1810.90, the gold prices closed at $1833.70. On Friday the gold prices saw...
Mortgage Rates Increases as Demand Dwindles
As a result of the recent rise in interest rates, the demand for houses appears to have depressed the number of home-loan applications. In the...