Markets

The Monetary Policy Committee promises to keep an eye on the indications of the long-lasting inflationary pressures in the economy. It plans to monitor the labor market, wage growth, and hike in service prices. The Bank of England hit the market with a 50 basis point hike to interest rates in the UK. The UK central bank announced the rates hike on Thursday after the Monetary Policy Committee voted to favor the increase. Notably, this marks the 13th consecutive increase as the...

It’s been a crazy few days in the crypto market, with most coins experiencing significant price pumps. Dogecoin (DOGE) and Shiba Inu (SHIB) are two coins that have seen double-digit price surges, capturing the interest of the investment community as a whole. Meanwhile, meme coin sensation Wall Street Memes (WSM) continues to generate traction during its presale – and is now inching closer to the $10 million funding milestone. DOGE & SHIB Rebound Signals Shift in Meme Coin...

World Mobile – a mobile network built on blockchain technology – said it will launch a token buyback scheme to aid the sustainable growth of its sharing economy.  The entity’s treasury will purchase its native utility token WMT from the open market and distribute rewards to its ecosystem’s participants. World Mobile’s Latest Step According to a press release seen by CryptoPotato, the organization has already executed such a buyback on May 29. The program mainly focuses on...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The popular crypto network Solana is opening a new office in downtown Manhattan, New York. The office will occupy roughly 25,000 square feet in a multiple-story building. Solana and New York… An Unusual Match Solana is presently the tenth largest digital currency by market capitalization. The news is odd for...

The addition of a Bitcoin equities exchange-traded fund product to the Euronext Amsterdam stock exchange is fantastic news for Dutch investors. The highly anticipated Bitcoin Equities Exchange-Traded Fund (ETF) product has made its debut on the Euronext Amsterdam stock exchange. This groundbreaking move brings Bitcoin into the realm of traditional financial markets, offering investors a regulated and easily accessible way to gain exposure to the world’s leading token. Earlier today, the...

According to the General Manager of Binance Kazakhstan Zhaslan Madiyev, the platform has joint forces with five regulatory bodies in the country. As always, the popular crypto exchange Binance is expanding its horizon by launching a regulated platform in Kazakhstan. The company announced the new local digital asset platform in the country on June 20th after receiving a go-ahead in October last year. At the Astana International Financial Center (AIFC) in 2022, the AIFC Financial Services...

Ethereum’s price has been recovering from a crucial support zone. However, there exists a notable resistance level that must be surpassed in order for the market to potentially transition into a bullish phase in the long term. Technical Analysis By: Edris The Daily Chart: The daily chart demonstrates a notable rebound around the $1600 level, where the 200-day moving average provided significant assistance last week. Subsequently, the price has experienced a rally and...

The token buyback program is poised to witness an escalation in both value and frequency as World Mobile sets its sights on expanding its presence across Africa, Asia, and the United States. World Mobile, a leading provider of decentralized mobile network solutions, has made a significant stride toward promoting sustainable growth within the sharing economy. The company recently unveiled its token buyback program aimed at supporting the development and expansion of its innovative network...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price is trading in a bearish zone below the $0.80 support against the US Dollar. The price is now trading above $0.66 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.660 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase)....

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a steady increase above $82 against the US Dollar. LTC price is now trading above $82 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $77.40 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise...