For the first time in four months, the Japanese Yen seemed poised to mark its impressive performance against the dollar by the end of the week, buoyed by the expectations of diminishing U.S.- Japan rate difference. The speculation that the…
On Tuesday, cryptocurrency traders experienced the largest liquidation of leveraged long positions in three months as the rally in the digital asset prices, fueled by ETFs, reversed sharply lower. Over the past 24 hours, 76,376 traders faced liquidation, resulting in…
Reddit Moons, a cryptocurrency associated with social media Reddit’s r/cryptocurrency community, surged by almost 142% today. This spike was followed by an announcement by community moderators to eliminate 34% of the coin’s supply and dissolve its contract, a move aimed…
Oil prices plunged to three-week lows as traders awaited industry reports to validate whether the recent decline justifies the actual data. Brent crude traded below $8 per barrel, down 12% over the past three weeks on concerns about global demand…
For the largest altcoin Ethereum (ETH), it was April when the price touched the $2100 level, and 10 November is the second time in 2023 that the price again tapped the same level indicating the ETH price is poised to…
The substantial price fluctuations observed on Thursday in the top two cryptocurrencies, Bitcoin and Ethereum, resulted in the liquidation of over $400 million in open trades, marking the highest level since the crash in August. As per CoinGlass data, The…
The San Francisco-based hyperlocal social networking service provider company Nextdoor is laying off 25% of its full-time staff as a way of cutting costs. Through its third-quarter financial report published on Tuesday, it announced that it will eliminate nearly 200…
