The Bank of Canada expressed optimism about the prospects of a strong recovery later this year despite a run of weak data, keeping expectations intact for a resumption of bond tapering in October. In a statement Wednesday from Ottawa, policy makers left their key interest rate at a historic low...
The price of the shiba inu (SHIB) cryptocurrency has gained around 400% in the past month, although it is down by 76% from the all-time high reached in mid-May, reflecting the recent volatility on cryptocurrency markets. The SHIB price spiked by as much as 26.8% on 31 May, prompting renewed...
The Dogecoin price has deviated from other cryptocurrencies. The currency has jumped to the current $0.3910, which is 25% above the lowest level since yesterday. It has risen by 10% in the past 24 hours and its market capitalisation has jumped to more than $48 billion, making it the...
May has come to an end after being one of the most remarkable months for Cardano (ADA). It is the month that Cardano attained an all-time high of $2.46. The 5-day chart shows a descending triangle that recovered on Monday following the weekend downswing. Analysts attribute the recent...
Cardano price is currently experiencing a minor pullback that could push it down to a critical support area. A resurgence of buyers in this zone will propel ADA to pre-crash levels. Cardano price eyes a higher high Cardano price rallied roughly 26% between May 25 and 26, but the momentum that...
Bitcoin and ether tumbled on Wednesday to 3-1/2 month lows, on track to post their largest one-day loss since March last year, in the wake of China’s move a day ago to ban financial and payment institutions from providing cryptocurrency services. At one point during the meltdown, nearly US$1 trillion...
The CMA CGM Marco Polo has arrived at PSA Halifax in the Port of Halifax. This is the largest containerized cargo vessel to call on a Canadian port, and the first call for a vessel of this size along the East Coast of North America. The CMA CGM Marco Polo...
Cardano was trading at $2.032329 by 15:56 (19:56 GMT) on the Investing.com Index on Sunday, down 10.15% on the day. It was the largest one-day percentage loss since May 12. The move downwards pushed Cardano's market cap down to $65.610675B, or 3.13% of the total cryptocurrency market cap. At its...
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk appears to have signaled that the electric vehicle maker could soon dump all its holdings of Bitcoin (CRYPTO: BTC). What Happened: Musk hinted at this while replying to a tweet that read, "Bitcoiners are going to slap themselves next quarter when they find out...
While the entire market struggles, as Bitcoin fails to reclaim the $50K mark, ADA managed to surge by almost 50% this week and set a new ATH price at $2.52 earlier today. The cryptocurrency had surged from the 50-day MA at the start of May to meet resistance at...