Week Financial News

The ghost of 2022’s crypto contagion is yet to be exorcised. A wave of ETH sell pressure might be on the way courtesy of distraught crypto firm Voyager.

XRP has turned out to be one of the best hedges against this week’s bearish market trend. Ergo, the question – How much longer can XRP sustain its current trajectory on the charts?

Federal Reserve Chairman Jerome Powell's prepared speech this week to Congress took just a few minutes, but it changed everything.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Worker filings for U.S. unemployment benefits jumped more than 10% last week but remained historically low as demand for labor outstrips the number of people looking for work.

The Commerce Department releases January figures on factory orders, shipments and inventories. Orders for manufactured goods rose 1.8% in December from the prior month, after a sharp drop in November.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Shiba Inu has announced the launch of its Shibarium public beta platform. The platform made the announcement on Twitter, with the same claiming that the beta website will be launched sometime this week.

U.S. applications for unemployment benefits edged lower last week, reflecting a persistently tight labor market.

The Commerce Department releases January figures on factory orders, shipments and inventories. Orders for manufactured goods rose 1.8% in December from the prior month, after a sharp drop in November.

The Commerce Department releases January figures on factory orders, shipments and inventories. Orders for manufactured goods rose 1.8% in December from the prior month, after a sharp drop in November.

U.S. applications for unemployment benefits edged lower last week, reflecting a persistently tight labor market.

Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets as investors digested the unravelling of a key industry payments network. The largest token sank as much as 6% before paring some of the slide to trade 4.4% lower at $22,380 as of 8:30 a.m. Friday in London. Smaller coins such as Ether, Avalanche and the meme token Dogecoin also suffered declines. The digital-asset industry is absorbing the fallout of the troubles at crypto-friendly US bank Silvergate Capital Corp., which has said that it's reviewing whether it can remain viable. The bank offers a widely used payments network that facilitates the real-time transfer of funds between crypto firms. But many digital-asset exchanges, stablecoin issuers and trading desks are no longer accepting or initiating payments through Silvergate. «Silvergate is one of the main US dollar banking providers for the crypto industry,» said John Toro, head of trading at digital-asset exchange Independent Reserve. «Any liquidity concerns will have a direct impact on market conditions and may affect the access and availability of some client funds.»

On Mar. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that Investors have continued to display negative sentiment toward crypto investment products, with outflows totaling $17 million. 

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

The cryptocurrency market is holding tight at its current ranges. News of crypto bank Silvergate Capital (SI) potentially being investigated by the U.S. Department of Justice and delaying its annual report sent ripples through the market late last week, but may not have a significant impact. On the whole, it was a middling week for crypto.

Almost half of South Korean crypto holders think Bitcoin (BTC) prices will rise this week, a survey has found.

U.S. applications for unemployment benefits edged lower last week, reflecting a persistently tight labor market.

The Commerce Department releases January figures on orders of long-lasting goods. Overall new orders for durable goods increased sharply in December from the prior month, driven by a jump in civilian aircraft orders.

Bitcoin (BTC) starts a new week with consolidation in the air amid some of the least volatile conditions ever.

Bitcoin (BTC) and Ethereum (ETH) continue to suffer losses, with both cryptocurrencies displaying bearish signals at the start of the new week. The broader cryptocurrency market is also struggling, with Bitcoin and ETH each experiencing declines of over 6% in the past few days.