Japan’s Manufacturing Output Contracts Again- October PMI Drops From 49.7 to 49.2
The Japanese Yen (JPY) experienced a retracement of its recent gains following the release of the Manufacturing Purchasing Managers Index…
Day: November 1, 2024
Tether’s Record $2.5 Billion Profit In Q3 2024 Highlights Growing Demand For Stablecoins.
Tether, the leading stablecoin provider, has announced impressive financial results, revealing a staggering $2.5 billion profit for the third quarter…
Coinbase Experiences Biggest Stock Slide In Over Two Years- Understanding The 15.3% Plunge Post-Earnings Report
In a dramatic turn of events, Coinbase’s stock plummeted by 15.3% on Thursday, marking its worst trading day since July…
The Rise Of NFT Rug Pulls- 2024 Sees Conviction After $400K Crypto Scam
In a landmark ruling, a federal jury in Tampa, Florida, has convicted 21-year-old Berman Jerry Nowlin, Jr.—known online as “Repulse”…
Retail Demand For Gold ETFs Surges- JPMorgan Highlights $4.4 Billion In Bitcoin Investments Ahead Of Trump Election.
In a recent report, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou suggest that a potential victory for Donald Trump…
Two Years of Transparency- OKX’s 100% Reserves And $20.3 Billion User Asset Protection
In a significant milestone for the cryptocurrency industry, OKX has announced that it has maintained a consistent 100% reserve ratio…
The Ripple Effect Of Bitcoin’s 4% Drop- $88 Million In BTC Futures Liquidations And Changing Market Sentiment.
Bitcoin (BTC) experienced a sharp decline, dropping nearly 4% in just 24 hours. The price fell from $72,500 to just…
Crypto Market in Extreme Greed – 90% Of Bitcoin Futures Were Long Before $250M Liquidation Cascade.
The crypto market experienced a notable shake-up as Bitcoin (BTC) prices dipped nearly 4% within a day, dropping from a…