Month: September 2024

Coinbase stock forms risky patterns as crypto outlook darkens

Coinbase stock slipped for eight straight days, the longest losing streak since July, as cryptocurrencies continued falling. Coinbase is facing major headwinds Decentralized and centralized exchanges have come under pressure as cryptocurrency volume has dropped in the past few months. Data from DeFi Llama shows that the volume traded in DEXs peaked at $260 billion in March and then retreated to $175 billion in August. More data shows that the volume traded on CEX platforms stood at $1.2 trillion in August, down from $2.48 trillion in March. This volume has…

Bitcoin Price (BTC) Rose 0.5% While Ether Price (ETH) Gained 0.9%

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Crypto Analyst Predicts SHIB To Hit $0.00014 & Mpeppe (MPEPE) To $0.20, Here’s Why Shiba Inu Hype Is Forming

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Este artículo también está disponible en español. As the crypto market continues to buzz with anticipation, analysts are making bold predictions for both Shiba Inu (SHIB) and the rising star Mpeppe (MPEPE). With Shiba Inu’s community-driven momentum building and Mpeppe (MPEPE) making waves in the memecoin space, investors are eager to see what the future holds for these two projects. According to analysts, Shiba Inu (SHIB) is predicted to hit $0.00014, while Mpeppe (MPEPE) could surge to $0.20. Here’s a look at why the hype is forming around Shiba Inu…

Bitcoin and altcoins rise as NFP data point to a large rate cut

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Cryptocurrency prices rose slightly after the U.S. published another weak nonfarm payroll report. Bitcoin (BTC) rose to $56,500 while Ethereum (ETH) jumped to $2,400 on Friday, Sept. 6. In the latest report, the Bureau of Labor Statistics showed that the economy added 142k jobs in August, lower than the median estimate of 164k. The bureau also revised the July figure from 114k to 86k. On Sept. 5, a report by ADP showed that the private sector created just 99,000 jobs in August.  The unemployment rate slipped to 4.2% from the…