Crypto Market News Today Live updates and latest news today: (February 17, 2023): By market capitalization, the most prominent digital asset is recently trading at $23,795, down 3.65% from the previous day and well below its high for the day, above $25,100. Since August, BTC had not crossed that threshold, and it did at the time, indicating growing optimism about inflation and the state of the economy.
Both seemed to disappear in a short period, however, as the January Producer Price Index (PPI) unexpectedly rose 0.7% month-on-month, suggesting that US central bank monetary policy is more As a result, other altcoins including Ethereum were down 1.87% at $1,660 and Binance down 4.00% at $309.
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2023-02-17T18:15:00+5:30
Crypto Market Live Update: Shiba Inu Lead Developer Shytoshi Kusama Crashes Layer2!
On Tuesday, Shytoshi Kusama, lead developer of Shiba Inu, spread the word on the Shibarium Telegram channel about the Layer-2 solution being ready. But now, he has blocked the channel stating that the group would reopen after all the documents were released. Before the release of the beta version, the main developer of SHIB will only publish official messages. Read more hereโฆ
2023-02-17T17:30:00+5:30
Crypto Market Live Update: Filecoin Surges 20% After Layer 1 News Spreads!
The world's largest decentralized storage network, Filecoin, announces the launch of the Filecoin Virtual Machine (FVM) on March 1. The FVM will bring smart contracts and user programmability for the Filecoin blockchain, making it a complete L1. Read more here...
2023-02-17T16:45:00+5:30
Crypto Market Live Update: Router Protocol Launches Layer 1 Blockchain!
router protocol Announced which has successfully developed a Layer 1 blockchain using the Cosmos Tendermint consensus. The protocol aims to solve the existing problems in the interoperability of the Blockchain with its router chain. The project aims to solve existing problems in blockchain interoperability with Router Chain. Read more hereโฆ
2023-02-17T16:00:00+5:30
Crypto Market Live Data: Crypto Market Liquidation Surpasses $185 Million While Bitcoin Value Drops!
The global market for digital assets posted a sharp decline on Friday morning. The largest of cryptos like Bitcoin (BTC) and BNB (BNB) prices have fallen more than 3% over the past day. The cryptocurrency crash occurred in accordance with a decline in the Wall Street trading market. Read more hereโฆ
2023-02-17T12:50:00+5:30
Crypto Market Live Update: DOT, MATIC, Bitcoin and others are in the red today.
statements made by the Federal Reservethat suggest a willingness to raise interest rates or take other measures to control inflation have impacted the crypto market like bitcoin and some altcoins fall today. At the time of writing, bitcoin price decreases 3.28% in the last 24 hours. Read more hereโฆ
2023-02-17T12:00:00+5:30
Crypto Market Live Update: Bank of Japan Announces CBDC Pilot Program!
Japan is set to launch a pilot program in April this year to test its digital currency yen, the Bank of Japan announced on Friday. The goal of this initiative is to explore the potential benefits and challenges of a digital yen, which could lead to its eventual adoption as a legitimate currency in Japan. Read more hereโฆ.
2023-02-17T11:35:00+5:30
Crypto Market Live Update: Hawkish Federal's Position Could Drive Bitcoin Prices Down!
Earlier this week, on Wednesday, February 15, the world's largest cryptocurrency Bitcoin (BTC) jumped more than 12% getting closer to $25,000. This sparked a lot of euphoria in the crypto space that BTC could be headed for a new rally this year. However, macro indicators are flashing warnings and hawkish rhetoric is a drag. Read more hereโฆ.
2023-02-17T10:10:00+5:30
SEC files lawsuit against Do Kwon, founder of Terra and Luna
As the US Securities and Exchange Commission (SEC) continues to tighten its grip on the crypto space, the latest bait for the securities regulator is Terra LUNA creator Do Kwon. This past May 2022, the Terra ecosystem witnessed a huge crash that eroded over $40 billion worth of investor wealth. Read more hereโฆ.
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