Global Markets Rally as Tech Stocks Surge and Inflation Concerns Ease
World equity markets advanced on Thursday with major benchmarks closing at record highs boosted by information technology shares and calming inflation fears. S&P 500 and Nasdaq Composite both rose to record highs due to the good show by technology shares and upbeat economic indicators. The S&P 500 was up 1% in the United States. 2% […]
NFT Market Rebounds as Blue-Chip Collections See Renewed Interest
NFT market is currently showing signs of a strong recovery with many blue-chip collections experiencing a rise in trading volume and floor prices. This renewed interest in digital collectibles comes after a period of relative stagnation, which opens up new questions about the future of NFTs as both art and investments. At the forefront of […]
Layer 2 Solutions See Surge in Activity as Ethereum Gas Fees Rise
The usage and adoption of Ethereum’s Layer 2 scaling solutions are currently on the rise as gas fees on the Ethereum mainnet continue to soar. This has been due to the fact that more and more users and developers are in search of better and cheaper ways of carrying out transactions and smart contract interactions […]
New highs for Decentralized Finance (DeFi) Tokens
The DeFi sector is currently seeing a major resurgence, with a number of leading DeFi tokens having outperformed the broader cryptocurrency market in the last few days. This has resulted in an increase in the total value locked (TVL) across various DeFi protocols and platforms, which have hit new all-time highs and reflect investors’ renewed […]
Investing in Bitcoin Surges Past $60,000
Today the cryptocurrency market has achieved a major milestone as the leading digital currency by market capitalization, Bitcoin, broke past the $60,000 mark for the first time since November of last year. This exciting rally has once again stirred interest among investors and traders and many of them are predicting that this cryptocurrency may be […]