Ethereum Whale “7 Siblings” Makes Another Massive Purchase of $14.5 Million ETH Recently, the Ethereum whale known as “7 Siblings” made headlines once again as it purchased an additional $14.5 million worth of Ether. This comes on the heels of a series of large purchases by the whale, totaling $126
Welcome to our blog post! The Rise of Bitcoin Bitcoin has been making headlines recently as it shot up above $98,000 on news that Trump is to pause his recently allowed tariffs on allies. This sudden surge in value has left many investors both ecstatic and puzzled as they try
Microstrategy Founder Michael Saylor Reveals Decision to Hold Bitcoin Reserves What Happened? On Monday, Michael Saylor, founder of Microstrategy, made waves in the cryptocurrency world by announcing that the company had chosen not to divest its Class A common shares and would be refraining from expanding its bitcoin reserves. This
The Bitcoin “Kimchi Premium” Reaches Record Levels in 2022 What is the “Kimchi Premium”? The “Kimchi Premium” refers to the price gap between the spot Bitcoin price on South Korean exchanges and the Bitcoin/USDT pair on international exchanges, such as Binance. This phenomenon is named after the popular Korean dish,
The Exciting World of Cryptocurrency It’s Never Boring Here’s the thing about crypto – it is never boring. Last week, digital asset investment products pulled in 527 million inflows, but it was not all that smooth. Cryptocurrency, a digital form of currency that operates independently of a central bank, has
Ethereum Liquidations and Market Volatility The Recent Plunge Ethereum, one of the most popular cryptocurrencies, experienced a significant drop in value recently. The digital currency saw $609 million in long and short positions liquidated as it plunged to lows of $2,135. This dramatic decrease in value was accompanied by volatility
A dormant Ethereum whale sold 77,736 ETH for $228M before the crash The Panic in the Market On a fateful day, a dormant Ethereum whale shocked the cryptocurrency community by selling 77,736 ETH for a whopping $228 million. This unexpected move triggered panic in the market, causing a rapid decline
Overview On February 3, 2025, the Institute for Supply Management (ISM) released its latest data on U.S. Manufacturing Employment, showing a notable increase from the previous 45.4 to an actual figure of 50.3. This improvement not only surpassed the forecast of 47 but also marks a significant change with an
Introduction On February 3, 2025, the U.S. Department of Commerce released its monthly report on construction spending, revealing a significant rise in January. Construction spending increased by 0.5% month-over-month, a considerable leap from December’s 0.2% and the forecasted 0.2%. Although classified as a low-impact event, this unexpected 150% increase from
Introduction The Institute for Supply Management’s (ISM) latest report indicates a surprisingly robust increase in U.S. Manufacturing New Orders, with the February 2025 reading soaring to 55.1, up from the previous 52.1 and beating forecasts of 52.8. This development signals a promising start to the year for the U.S. manufacturing
US Manufacturing: A Beacon of Stability The US ISM Manufacturing Prices index rose to an actual value of 54.9 in February 2025, significantly surpassing both the previous month’s figure of 52.5 and the forecasted 52.6. Despite being marked as a “low impact” event, this increase of 4.571 points indicates a
The latest Davivienda Manufacturing Purchasing Managers’ Index (PMI) for Colombia reveals a strong upswing, reporting a figure of 53.8 for February 2025. This marks a significant improvement over the previous month’s 49.9 and surpasses the forecast of 50.1, indicating robust growth in the country’s manufacturing sector. This development not only
Introduction In February 2025, the United States ISM Manufacturing Purchasing Managers’ Index (PMI) posted a substantial rise to 50.9, surpassing both the previous month’s 49.2 and the forecasted 49.8. This uptick, marking a vibrant shift into expansionary territory, signals notable implications for both the U.S. and global economies. Understanding the
Introduction In a surprising turn of events, the latest S&P Global Manufacturing PMI for the United States has surged past expectations, reaching a robust 51.2 for February 2025. This marks a significant improvement from January’s 49.4 and beats the forecasted 50.1. The upbeat data suggests an optimistic outlook for the
Elon Musk’s Influence on Dogecoin The Rise and Fall of Dogecoin Not long ago, Elon Musk announced that he will take Dogecoin (DOGE) to the moon. Fast forward to two weeks later, and the price of DOGE has lost 40% in a less than three-day span. This sudden drop in
Introduction On February 3, 2025, Canada’s S&P Global Manufacturing PMI was reported at 51.6, surprising analysts as it fell short of the forecasted 52.3, and marked a decline from the previous value of 52.2. This unexpected dip suggests a mild slowdown in manufacturing growth, with potential impacts on both the
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