After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading volume, amounting to $ 256.91 million over the past 24 …
Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights
Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $ 1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token’s trading value fluctuated between $ 0.979 and $ 0.981. Concurrently, the Aave-developed stablecoin GHO has seen a rise to the $ …
Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain
Gold achieved a record high of $ 2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively modest at 9.9%. In contrast, bitcoin, the leading crypto asset in terms …
Gold Nears Record High Amid Global Uncertainty, Surges to $2,071 an Ounce
The price of an ounce of pure gold has approached its highest historical level this weekend, reaching $ 2,071 per ounce. This peak nearly matches its record three years ago on August 7, 2020, when during the Covid-19 pandemic, spot gold prices soared to an unprecedented high of $ 2,072.50 per ounce. Gold …
Hopeful Bitcoin Enthusiasts Anticipate a ‘Santa Claus Rally’ Echoing Past Holiday Season Surges
As we near December, some bitcoin enthusiasts are buzzing with anticipation that a ‘Bitcoin Santa Claus rally’ might emerge this year, reminiscent of the surges in 2013 and 2017. This speculative notion suggests that bitcoin often performs exceptionally well during the December festive season, although this isn’t a consistent trend. Nevertheless, this hypothesized event is […]