A token named Neiro on ETH (NEIRO) sought to boost its reputation by airdropping 4% of its total supply to Ethereum co-founder Vitalik Buterin, making him its largest holder. The token was inspired by Neiro, the new pet of the owner of Kabosu, the iconic dog behind Dogecoin (DOGE). However, within just an hour, Buterin sold off his entire holding of…
Solana has plunged more than 20% to trade near $110 as crypto traders see more than $1 billion in trading positions wiped out in the past 24 hours. SOL dipped as Bitcoin led the crypto market in the bloodbath that had BTC testing lows of $49k and Ethereum tumbling to under $2.2k. Solana, which traded…
After four months, the dollar index again fell below the 103.00 level. Dollar index chart analysis After four months, the dollar index again fell below the 103.00 level. On Friday, we saw a strong pullback from 104.40 to 103.10. During this morning’s Asian session, the index failed to initiate a recovery. The decline continued,…
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The hope of a potential bull market has been dealt a huge blow following a wider market downturn, which saw altcoins, including Cardano (ADA), hit low prices they hadn’t reached in almost a year. At press time, ADA’s price is $0.30. This is one value it has failed to notch since November 2023. How has…
August 5, 2024August 5, 2024 Shares of Cera Sanitaryware Ltd. rallied by as much as 6% to touch a day’s high of Rs 9,490.10 on 5th August after the board approved a buyback of equity shares. The company plans to buy back up to 1.08 lakh shares, or 0.83%…
The Non-Farm Payroll (NFP) reports are key to understanding the US economy’s health. They come out on the first Friday of every month. These reports give us important info on job trends. This makes them a must-have for businesses, investors, and economists. Looking ahead to 2024, knowing the NFP release schedule is key. It helps…
Join Our Telegram channel to stay up to date on breaking news coverage The new meme coin, Neiro Ethereum, has experienced impressive growth, surging by 1300% within its first four days of launch. Despite its relatively quiet launch, this new meme coin inspired by Dogecoin has been generating considerable attention in the crypto space. Neiro…
The decentralized finance ecosystem has recorded a high amount of losses as the crypto market falls below the $2 trillion mark. According to data provided by Defi Llama, the total defi total value locked (TVL) plunged by 19% over the past 24 hours — falling from $88.8 billion to $71.8. This is the first time…
What is a Yen Carry Trade? A Yen carry trade involves borrowing money in Japanese Yen (JPY), which typically has low-interest rates and a weak currency. Hedge funds and other investors take advantage of this by borrowing in Yen, then selling the Yen to buy other currencies. With these proceeds, they invest in various risky…