The crypto market’s performance this week will likely be influenced by the release of the Consumer Price Index (CPI) report and the outcome of the FOMC meeting. The CPI inflation is estimated at 3.4%, while core CPI is expected to be 3.5%. Investors are also closely monitoring the F...
Today’s crypto market decline underscores the sector’s sensitivity to macroeconomic developments. As investors digest the latest jobs data and its implications for Federal Reserve policy, attention will now shift to upcoming economic events, including December’s ADP employment report and Friday’s ...
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More than $2.25 billion in crypto positions have been liquidated in the last 24 hours. Almost $1.87 billion of those are long positions. This marked one of the largest liquidation events in the history of the crypto space, surpassing theCOVID-19 market crashand theFTX debacle. Crypto market ...
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This puts Bitcoin’s breakout target at over $128,000 by March 2025. This projection aligns with the momentum seen in the broader crypto market, underscoring growing bullish sentiment and continued accumulation by institutional and retail investors alike. ...
Cryptocurrencies like Bitcoin and Ethereum are built on complex dataencryptionsthat require significant amounts of computational power to decrypt. Through these decryption processes, new coins are “minted” and enter circulation. Cryptocurrencies also rely on advanced cryptography to safeguard crypto wallet...
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Each miner must temporarily lock up some crypto in a communal safe. The more crypto you stake, the higher your chances of getting an opportunity to verify. If chosen, a stake owner (or validator) is rewarded with crypto. To help discourage fraud, if a validator verifies invalid transactions...