The Impact of Recent Economic Data on Consumer Spending and Income Overview In the prior month, the Personal Consumption Expenditures (PCE) core month-over-month (m/m) data was revised from 2.8% to 2.9%, exceeding expectations. The core m/m for the current month came in at 0.3%, meeting expectations. The headline PCE year-over-year (y/y) figure matched expectations at…
Good Friday Market Update The Impact of PCE Report on a Quiet Trading Day It’s Good Friday and that means that equities, bonds and futures are closed. Of course, the FX market isn’t but it’s thinned out in a big way, which means the PCE report at the bottom of the hour will land in…
Welcome to the Exciting World of Cryptocurrency! Hey there, fellow crypto enthusiasts! Have you heard the news about Bitget Wallet? This week, they have made waves in the world of cryptocurrency by recording unprecedented highs in their weekly Swap order volume. With a whopping 388,757 transactions processed, they have claimed the top global position, surpassing…
The post Top Underrated Cryptos with a 100x Potential appeared first on Coinpedia Fintech News Bitcoin’s halving event has sparked discussions of a potential price surge, with some predictions aiming as high as $200,000. Amidst such optimistic forecasts for established cryptocurrencies, attention turns to lesser-known digital tokens. These under-the-radar cryptos might hold the key to…
Lava Lending Exploited By Flash Loan Attack; Crypto Worth $340K Stolen A major decentralized lender, Lava Lending, was the latest target of a sophisticated hack, which eventually led to a loss of about $340,000 worth of cryptocurrencies. Although the vulnerability was directed to different contract categories like UST, wstETH, UDSC.e and USDC, the platform quickly…
Potential rebound signals for Arbitrum (ARB) despite the current 18.54% price drop Algotech utilizes advanced AI for sophisticated trading strategies Algotech presale raises $3 million, attracting over 8,500 unique ALGT token holders In the dynamic world of cryptocurrency trading, trends can change rapidly, presenting both challenges and opportunities for investors. Today, we delve into the…
The Rise of Bitcoin Casinos: Why They Are Becoming More Popular in 2024 Introduction The rise of Bitcoin casinos in Australia in 2024 is linked to the worldwide acceptance of cryptocurrencies. Traditional financial systems face issues sometimes. Bitcoin’s decentralized nature and Blockchain technology, however, provide transparency and trust. Players like the privacy, fast transactions, and…
Emotional Impact of Massive Bitcoin Withdrawal from Coinbase The Importance of Trust in Cryptocurrency Exchanges On March 28th, Coinbase exchange experienced a significant event that raised eyebrows in the cryptocurrency community – a withdrawal of approximately 16,100 BTC, valued at a staggering $1.1 billion. This massive outflow of Bitcoin is the third-largest withdrawal in a…
