Why is Bitcoin rising?
Bitcoin (BTC) hit $72,650 on Monday, the highest level in almost four weeks and liquidating $55.72 million in short positions, according to Coinglass data.
Source: fxstreet.com
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SocialFi tokens climb thanks to crypto influencers
SocialFi tokens Theta Token (THETA), Cheelee (CHEEL), and Galxe (GAL) prices climbed on Monday as Friend.tech, a blockchain-based social network, is making a comeback as crypto experts and influencers discuss the platform across social media platforms like X.
Source: fxstreet.com
PancakeSwap price surges as DEX burns $35 million CAKE tokens
PancakeSwap (CAKE) announced a burn of 8,703,247 CAKE on Monday, pulling $35 million worth of DeFi tokens from circulation.
Source: fxstreet.com
Week Ahead: Crypto market outlook could set to change after stale weekend
Not many interesting developments occurred over the weekend, but this week could see a spike in volatility.
Source: fxstreet.com
Gold: The yellow metal's medium-term prospects are shining bright; here's why
Gold, that old hedge against inflation, faces near term volatility due to global events and us interest rate shifts, but its medium-term prospects shine with an imminent easing of the rate cycle - Issue Date: Apr 14, 2024
Source: businesstoday.in