Tag: Report

Latest Report Shows Ethereum Whales Buy 312 Billion SHIB During Crypto Winter

boss

The broader crypto market had shown positive progress in price within the last week, including meme coins like Dogecoin and SHIB. However, its performance over the past 24 hours speaks otherwise. The market recorded a 3.30% downward price trend within 24 hours. While several other tokens are displaying negative moves due to the sudden change, SHIB has made a hit with the dip. One of the top Ethereum whales has pitched up to the leading meme tokens, Shiba Inu, to buy the dip. Reports from Whalestats revealed that an ETH…

88% of Nomad Bridge exploiters were ‘copycats’ — Report

boss

Close to 90% of addresses taking part in the $186 million Nomad Bridge hack last week have been identified as “copycats,” making off with a total of $88 million worth of tokens on Aug. 1, a new report has revealed. In an Aug. 10 Coinbase blog, authored by Peter Kacherginsky, Coinbase’s principal blockchain threat intelligence researcher, and Heidi Wilder, a senior associate of the special investigations team, the pair confirmed what many had suspected during the bridge hack on Aug. 1 — that once the initial hackers figured out how…

Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling

boss

Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to $24,000. CPI Report Boost Bitcoin Price According to the Consumer Price Index report (CPI) that the U.S. Bureau of Labor and Statistics released on Wednesday, consumer costs remained unchanged, putting inflation at 8.5%. Prior to this, analysts anticipated that the index, which analyzes price changes across a wide range of products and services, would increase by 0.2% to reveal inflation…

July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’ – Economics Bitcoin News

boss

After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) reflected a 9.1% year-over-year increase, July’s CPI data has come in lower with a year-over-year increase of 8.5%. Economists polled by media publications estimated that July’s CPI data would print 8.7%, however, July’s core CPI, the government’s broadest measure of inflation, remained the same as June. CPI Report Shows Inflation in the US May Have Peaked, Stocks, Cryptos, and Precious Metals Jump Higher The Dow Jones Industrial Average, Nasdaq, S&P…

Ripple Labs Weighs Buying Crypto Lender Celsius’ Assets: Report

Ripple Labs, which owns Ripple payments network and maintains the XRP ledger, is the latest company to weigh an acquisition of what, at one time, was one of the crypto industry’s largest lenders with $25 billion in assets; lending rival Nexo made a similar overture in June. FTX was also in the running for a time. Source AssetsBuyingCelsiusCryptoLabsLenderReportRippleWeighs CryptoX Portal

Bitcoin Prices Pull Back Ahead of US Inflation Report

boss

●Bitcoin (BTC): $23,100 −3.5% ●Ether (ETH): $1,692 −5.3% ●S&P 500 daily close: 4,122.47 −0.4% ●Gold: $1,811 per troy ounce +1.3% ●Ten-year Treasury yield daily close: 2.80% +0.03 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Original

Crypto Intelligence Platform Messari Plans to Raise $35M at $300M Valuation: Report

CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal