Cryptocurrency Market

  • Market Cap: $2,279,103,560,931.80
  • 24h Vol: $46,562,133,462.24
  • BTC Dominance: 56.27%
crypto-ai-economy-suffers-$730-million-loss-in-2-months-as-interest-wanes

Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes

Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent AI-driven crypto projects have all suffered double-digit losses, ranging from 10% […]

Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes Read More »

citi-analysts-predict-‘near-perfect-conditions’-for-silver’s-ongoing-bull-market;-experts-suggest-$30-an-ounce-a-possibility

Citi Analysts Predict ‘Near-Perfect Conditions’ for Silver’s Ongoing Bull Market; Experts Suggest $30 an Ounce a Possibility

The price of silver fell 2.85% against the U.S. dollar last week. However, taking a broader perspective, the precious metal has made significant gains this year. Over the past six months, silver has risen more than 29% against the greenback, and as of April 22, 2023, it was hovering around $25.08 per ounce. Citi analysts

Citi Analysts Predict ‘Near-Perfect Conditions’ for Silver’s Ongoing Bull Market; Experts Suggest $30 an Ounce a Possibility Read More »

biggest-movers:-doge,-shib-drop-to-multi-week-lows,-following-crypto-red-wave

Biggest Movers: DOGE, SHIB Drop to Multi-Week Lows, Following Crypto Red Wave

Dogecoin dropped to a multi-week low on Saturday, as a red wave continues to wash away recent crypto bulls. The meme coin dropped below a key price floor at $0.080 following today’s plunge. Shiba inu was also lower to start the weekend, falling by as much as 3%. Dogecoin (DOGE) Dogecoin (DOGE) moved to a

Biggest Movers: DOGE, SHIB Drop to Multi-Week Lows, Following Crypto Red Wave Read More »

bitcoin,-ethereum-technical-analysis:-eth-falls-under-the-$1,900-level-to-start-the-weekend

Bitcoin, Ethereum Technical Analysis: ETH Falls Under the $1,900 Level to Start the Weekend

Ethereum started the weekend trading below $1,900 for the first time in two weeks, as cryptocurrency markets continued to fall. The global market cap is down by close to 3% at the time of writing this. Bitcoin was also in red, as it moved closer to $27,000. Bitcoin Bitcoin (BTC) was in the red for

Bitcoin, Ethereum Technical Analysis: ETH Falls Under the $1,900 Level to Start the Weekend Read More »

treasury-secretary-yellen-says-us-government-will-take-‘any-steps-necessary’-to-preserve-its-financial-dominance

Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance

According to U.S. Treasury Secretary Janet Yellen, the United States government is prepared to take the steps necessary to ensure its financial system remains the world’s strongest and safest. Yellen said that the U.S. government will not hesitate to punish Chinese companies that violate its Russian sanctions policy. U.S. Ready to Shore up Its Financial

Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance Read More »

brics-bank-‘re-taps-into-usd-bond-market’-with-$1.25-billion-‘green’-bonds

BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds

The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year ‘Green’ Bonds The New Development Bank (NDB), founded by the BRICS

BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds Read More »

report:-korean-central-bank-to-gain-right-to-probe-virtual-asset-entities-after-financial-regulator-drops-opposition

Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped its opposition to the central bank’s bid after it was accused of seeking to make itself the country’s sole regulator

Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition Read More »

financial-analyst-charles-nenner-warns-about-the-end-of-the-us-dollar-and-its-consequences

Financial Analyst Charles Nenner Warns About the End of the US Dollar and Its Consequences

Charles Nenner, a financial analyst that served as head of market timing for Goldman Sachs for more than a decade, has warned about the end of dollar hegemony and its consequences for the U.S. According to Nenner, the BRICS bloc and the influence of Saudi Arabia will end the dollar as a reserve currency, and

Financial Analyst Charles Nenner Warns About the End of the US Dollar and Its Consequences Read More »

global-reserves-held-in-us-dollars-fell-to-less-than-50%-—-official-states-it-has-become-a-‘toxic’-currency

Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a ‘Toxic’ Currency

The percentage of reserves held in U.S. dollars by central banks has fallen to less than half of the global total of reserves, according to a note from Eurizon SLJ Asset Management. The note states that the recent sanctions enacted by the U.S. against the Bank of Russia have eroded trust in the dollar as

Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a ‘Toxic’ Currency Read More »

white-house-economist-warns-china-wants-to-weaken-us-dollar’s-reserve-currency-status-—-senator-says-biggest-threat-comes-from-within

White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within

In a congressional hearing, White House economist Jared Bernstein says there’s “some evidence” that China wants the U.S. dollar to lose its status as the world’s reserve currency. However, U.S. Senator Bill Hagerty stressed that the biggest threat to the USD dominance comes from within. China Wants to See U.S. Dollar Losing World’s Reserve Currency

White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within Read More »