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Press Releases
Why is Cardano (ADA) Down Today?
- Francisco Memoria
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- 19 Dec 2024
The cryptocurrency market has endured a significant downturn that wiped around $300 billion from its total market capitalization amid a wider sell-off in risk assets after the Federal Reserve cut interest rates by 25 basis points and signaled a more hawkish stance. The Federal Reserve’s Chair, Jerome Powell, pointed to a potential easing of interest […]
Stablecoin Market Tops $200 Billion Amid MiCA Changes and Strategic Partnerships: CCData
- Siamak Masnavi
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- 19 Dec 2024
The stablecoin market reached a new high in December 2024, crossing the $200 billion mark in total market capitalization for the first time, according to the Decemeber 2024 edition of CCData’s Stablecoins & CBDCs Report. This growth reflects the expanding role of stablecoins in the digital asset ecosystem, despite tightening regulatory pressures, particularly in Europe. […]
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Bitcoin ($BTC)
Price Analysis
Bitcoin Analyst Foresees ‘Explosive Rally’ to $130K Based on This Rare ‘Buy’ Signal
- CryptoGlobe Writer
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- 24 Jul 2024
On 24 July 2024, popular pseudonymous crypto analyst “Mikybull Crypto” shared insights on Bitcoin (BTC) via posts on X (formerly Twitter). He explained some technical indicators and predicted potential price movements, making it accessible for those unfamiliar with advanced trading concepts. In his first post, the analyst shared a chart showing Bitcoin’s price along with […]
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Bitcoin ($BTC)
How IMF’s $1.4B Deal With El Salvador, If Approved, Could Jeopardize Bitcoin’s Role as Legal Tender
- Siamak Masnavi
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- 19 Dec 2024
The International Monetary Fund (IMF) announced on December 18 that it has reached a staff-level agreement with El Salvador for a $1.4 billion loan under its Extended Fund Facility (EFF). The agreement is currently at the staff-level stage and requires formal approval by the IMF’s Executive Board, expected by early February 2025. Approval hinges on […]
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