The correlation between bitcoin and gold has turned sizably negative of late, according to CryptoQuant, with gold recently pushing to new record highs above $2,500 per ounce while bitcoin has been declining and now sits more than 20% below its all-time high above $73,000 from March. The move into gold and out of bitcoin has come as U.S. stocks have struggled, with the S&P 500 slipping 3.6% since August 30. Source
Este artículo también está disponible en español. The crypto market is currently witnessing a rebound, with Bitcoin (BTC) rising to nearly $57,000 and Ethereum (ETH)seeing a similar uptick. However, amidst these positive movements, both market leaders could be under threat from a rising contender: GoodEgg (GEGG). With its AI-driven, meme-based platform, GoodEgg has garnered significant attention, and if this emerging cryptocurrency hits the $2 mark, it could disrupt the dominance of BTC and ETH. Bitcoin and Ethereum Show Signs of Recovery After a challenging weekend where Bitcoin briefly dropped to $53,000, the market is showing signs of recovery. As of…
Este artículo también está disponible en español. In the ever-evolving world of cryptocurrency, meme coins continue to capture attention with their rapid price surges and viral popularity. Popcat (POPCAT), a Solana-based meme coin, has been one of the biggest gainers in recent weeks, but a new contender has entered the scene. GoodEgg (GEGG), a Play-2-Date meme coin, is making waves and could soon outpace Popcat by a significant margin. Analysts are predicting that GoodEgg (GEGG) could surpass Popcat’s recent 18% rally and even achieve a 10X increase in value. GoodEgg…
The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted a 0.3% increase for the month. Stocks, Bitcoin, and Gold Unmoved by CPI Data On […] Source CryptoX Portal
Trump and Harris didn’t mention crypto once last night because, despite the industry’s pretensions to relevance, most people don’t care about these issues, says Ryan Gorman. Source
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
Cryptocurrency prices and stock indices retreated slightly after the U.S. published encouraging Consumer Price Index data. Uniswap, ICP, AAVE rise, Bitcoin retreats Bitcoin (BTC) retreated to $56,600, while the total market cap of all cryptocurrencies fell to $2 trillion. The same happened in the stock market, where Dow Jones, Nasdaq 100, and S&P 500 index futures retreated by over 0.50%. Most cryptocurrencies were in the red after the CPI data. The top gainers were Internet Computer (ICP), AAVE (AAVE), Uniswap (UNI), and THORChain (RUNE), which rose by over 2%. According…
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Este artículo también está disponible en español. In the world of cryptocurrency, both established giants and emerging tokens are capturing the attention of investors. Recently, Quant (QNT) has shown signs of a strong bullish trend, while whales are eyeing new opportunities in the fast-growing gambling token Mpeppe (MPEPE). As Quant (QNT) positions itself for a rally, investors are strategically diversifying into Mpeppe (MPEPE), which promises significant returns. Quant’s Bullish Breakout Quant (QNT), a blockchain technology company focused on improving the interoperability of networks, has recently broken out of a falling wedge pattern—a signal…
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz showed that the 12 spot bitcoin ETFs had inflows totaling $116.96 […] Original