Germanys private sector continued to shrink in December albeit the pace of contraction softened on a slight rebound in services activity, flash data from S&P Global showed Monday. The HCOB composite output index registered 47.8 in December, up from Novembers nine-month low of 47.2. However, the reading is still below the 50.0 threshold that separates...
Shiba Inu’s millionaire addresses increased by 358 over the past year, indicating strong accumulation.Despite recent declines, SHIB’s price action suggests a potential breakout if key resistance levels are cleared. Shiba Inu (SHIB) has seen a notable shift in ownership trends despite its price fluctuations. Data shows that the number of SHIB addresses holding at least...
Introduction to Pepe (PEPE) Tokens Pepe (PEPE) is a community-driven, decentralized meme token on the Ethereum blockchain. As an ERC-20 token, it allows users to participate in DeFi, trade on exchanges, and engage with NFT marketplaces and other blockchain applications.Managing PEPE efficiently necessitates a compatible wallet, be it hardware, mobile, desktop, or web-based. This guide...
Pi Network’s five-second block time makes it 120 times faster than Bitcoin, fueling excitement ahead of its Open Network launch.With 110 million total downloads and peak search interest, Pi Network’s popularity is surging despite listing and regulatory uncertainties. Pi Network is gaining significant attention, with its pioneers highlighting a transaction speed that leaves Bitcoin trailing...
A decline in Bitcoin mining activity has historically led to prolonged corrections, impacting market stability and miner profitability.Rising competition and energy costs have narrowed profit margins, forcing miners to accumulate reserves and adapt to economic shifts. Bitcoin is under pressure again after on-chain analyst Ali Martinez revealed that Bitcoin mining activity is decreasing. According to...
Bitcoin (BTC) has been predicted to lead the general crypto market into a long downturn as FTX commences repayment to customers. Another analyst believes that Bitcoin is soon embarking on its prolonged correction triggered by the recent sell-off of all of Binance’s BTC holdings and the rising Consumer Price Index (CPI) inflation. The crypto market is...
Kyle Song, Google’s Web3 specialist for Asia Pacific, revealed that the company is working with contributors to the Bitcoin network to make Bitcoin more accessible to users.Google aims to streamline Bitcoin transactions by enabling users to access their Bitcoin wallets through Google accounts. At the Hong Kong Bitcoin Tech Carnival, the world’s first Bitcoin Innovation...
Lutnick’s appointment as Commerce Secretary raises questions on how his Bitcoin advocacy could influence U.S. crypto regulations.Lutnick’s strong ties to crypto, particularly Tether, could shape future U.S. policies on digital assets and institutional adoption. The U.S. Senate has confirmed Howard Lutnick, a prominent Bitcoin supporter and former CEO of Cantor Fitzgerald, as the new Secretary...
Litecoin (LTC) is leading the crypto market recovery, recording impressive gains and outpacing the top 20 assets.Speculation grows around a potential Litecoin ETF approval, signaling a significant milestone for the cryptocurrency. Litecoin (LTC) has emerged as a standout performer in the crypto market’s latest recovery phase. Trading at $135.63, LTC has posted a remarkable 10%...
Strategy is raising $2 billion through convertible senior notes to buy more Bitcoin.Bitcoin’s price is fluctuating, and Strategy sees this as an opportunity to buy more. Strategy, formerly known as MicroStrategy, has announced that it is issuing $2 billion in convertible senior notes in a private offering. The company aims to allocate funds to expand...