The US labor market appears to have continued to soften in recent months as the government pulled in reports that had been delayed by the shutdown in DC Nonfarm payrolls rose by 64,000 in November, according to a Tuesday morning report from the Bureau of Labor Statistics. The economist’s estimate had been a job growth […]
Modest overnight gain retreats after jobs data Read More »
Filecoin FILE$1.2498 fell 4.2% to $1.28 on Tuesday amid significant volatility as traders drove sharp reversals amid a broader market decline, according to CoinDesk Research’s technical analysis model. The model showed that the decentralized storage token established a bearish price trend with $0.08 range representing 6.3% volatility. Volume was 12.75% above the seven-day average according
Filecoin (FIL) falls on above-average volume, dips below $1.30 support amid wider slide Read More »
Wyoming-based crypto bank Custodia filed a new petition in its long-running legal battle against the Federal Reserve over access to a master account, requesting a rehearing en banc before the full Tenth Circuit Court of Appeals. Custodia Bank is asking the court to reconsider its October ruling that sided with the Fed in denying the
Custodia Asks Full Court of Appeals to Reconsider Denial of Fed Master Account Read More »
US mocks bitcoin BTC$87,096.74 and ether ETH$2,954.05 exchange-traded funds lost a combined $582 million in net outflows on Monday, the most since Nov. 20, as crypto markets tumbled, sending bitcoin to as low as $85,100. Bitcoin ETFs recorded $357.6 million in outflows, the most in nearly two weeks, with ether ETFs seeing $224.8 million exits
US BTC and ETH ETFs see biggest outflows since November 20th Read More »
Please MD ( NAKA ), a healthcare and bitcoin financial company, faces delisting from the Nasdaq exchange after its share price failed to meet minimum listing requirements. The stock has closed below $1 for 30 consecutive trading days, and the company has until June 8 to lift it above that level for 10 consecutive days
Crypto markets saw a sharp leverage reset over the past 24 hours, with more than $584 million in positions liquidated as heavily skewed long positioning was forced out amid thin liquidity and fragile risk sentiment. Bitcoin and major altcoins fell throughout US trading hours as macro uncertainty continued to weigh on risk assets. Many crypto-related
$500 million lost to liquidations in recent plunge Read More »
The crypto market weakened along with global risk assets as investors retreated ahead of key US economic data, extending a December slump marked by thinner liquidity and growing caution across markets. Bitcoin BTC$86,332.11 fell toward $85,800 in Asian trade, down more than 4% over the past week, as selling pressure spread across major tokens. Ether
Bitcoin, ether, cardano extend losses Read More »
The cryptocurrency market is flashing deep bearish signals as the year-end approaches. At the time of writing, data from TradingView showed that 75 of the top 100 coins by market capitalization were trading below both their 50-day and 200-day simple moving averages (SMAs), indicating overall weakness in the digital asset market. This indicates capital flight
75 of the top 100 coins are trading below key averages Read More »
Axelar’s AXL token fell as much as 13% on Tuesday, according to CoinDesk market data, after stablecoin giant Circle said it had signed an agreement to acquire the team and proprietary intellectual property of Interop Labs, the original and core developer behind the Axelar Network. Loading… The agreement explicitly excludes the AXL token and the
Token Slides 15% After Circle Deal Takes Dev Team, Leaves AXL Read More »
Solana users could soon exchange Singapore dollars (SGD) for US dollars (USD) instantly online, marking the popular high-speed blockchain’s first access to digital tokens tied to one of the leading Asian currencies. That’s because crypto infrastructure firm StraitX said Tuesday it plans to launch its Singapore dollar stablecoin XSGD and US dollar stablecoin XUSD on
StraitX debuts Singapore and US dollar stablecoins on Solana for fast currency exchange Read More »
