Tag: Markets

European Markets Hit Highest Level amid US Inflation Data

Indices across the European continent gained anywhere between 0.75-1% with sectors like autos, banks, retail, and telecoms taking the lead. On Thursday, January 12, the European markets closed to their highest levels in eight months since April 2022. Stoxx 600, the pan-European index closed at 0.7% higher with most sectors in the positive territory. Stocks in the retail sector mainly led up the gains closing 2% up. However, the healthcare and the chemicals sectors both ended in the red 0.1% down. But sectors like autos, banks, retail, and telecoms were…

Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales – Bitcoin News

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Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the past 24 hours, the “Win Trump Prizes” collection has seen 38 ether, or roughly $53,000 in sales, on Thursday, Jan. 12, 2023. Trump’s NFT Prize Collection Auctions off on Opensea’s NFT Marketplace The former president of…

Crypto Markets Primed for Soft CPI

More than $200 million in shorts (bets against price rises) have been liquidated in the last 24 hours as the major cryptocurrencies rallied. Bitcoin broke above $18,000, and ether rose over $1,400. Other coins like XRP and solana rose as much as 20%. The liquidations are in addition to those of more than $150 million earlier this week. Such levels haven’t been seen since October, data from Coinglass shows. Some analysts, however, believe the rally exemplifies indecisiveness among crypto traders, as BTC and ETH are trading with a consolidation pattern,…

Aptos (APT) and Kava (KAVA) Are Both Up Over 11% Recently But Snowfall Protocol (SNW) Is Still This Market’s Clear Winner!

Place/Date: – January 11th, 2023 at 6:22 am UTC · 3 min read Source: Snowfall Protocol When searching for the best-performing crypto assets, Aptos (APT) and Kava (KAVA) are both up over 11% in the past 24 hours. Aptos (APT) is currently trading at approx. $4.92 while Kava (KAVA) is trading at around $0.743. However, the clear winner of the crypto market at the moment is Snowfall Protocol (SNW). SNW has seen an increase in price in just a few weeks, with its current value hovering at $0.17. This makes…

Prices in Dollars Rose Almost 54% in Venezuela During 2022 – Emerging Markets Bitcoin News

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Prices in Venezuela have been rising steadily even when denominated in foreign currency. According to data collected by Ecoanalitica, a market research firm, prices marked in dollars have grown close to 54% during 2022, affecting the income and savings of Venezuelans that have been using the U.S. dollar as an inflation hedge. Prices Grow Even in Dollars in Venezuela Inflation has taken another leg up in Venezuela, with prices of products and services being marked up even when denominated in dollars. Asdrubal Oliveros, economist, and partner at Ecoanalitica, a market…

New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases – Markets and Prices Bitcoin News

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The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw increases over the last week. Bored Ape NFT Collection Leads the Way with $19 Million in Sales, 52.82% Increase from Previous Week According to NFT sales statistics, the first week of the new year saw a 26.01% increase compared to the last week of 2022. Cryptoslam.io metrics show that there were 1.2 million…