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    Black Market for Fraudulent Ad Accounts Found on Facebook

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    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

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    Virtual Gaming Revolution Continuing To Develop

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    How to Set Custom Shortcuts for Xbox Game Bar in Windows

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    Asus’ ROG Flow Z13 is a Surface for gaming

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    Atari’s 50th anniversary celebration gives players a hands-on lesson in video gaming history

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    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

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    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

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    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

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    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

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    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

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  • Tech
    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

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    Pixel Watch in the test

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    Top 5 Websites To Buy Camera Lenses At Reasonable Price

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    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    Google Pixel Watch

    Your Pixel Watch is Getting Better at Sleep Tracking

    Analyst: iPhone 14 Plus Sales Lagged Behind iPhone 13 Mini, Strategy 'Failed'

    Apple’s Emergency SOS Service for iPhone 14 Goes Live in US and Canada

    Pixel 7 Pro hazel top down view with display on

    Survey shows few people have had major issues with the Pixel 7 series

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
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    • Sillicon Valley
  • Gaming
    Discord on Xbox is dropping its reliance on your phone

    Xbox rolls out official support for Discord, Lightstream, and Streamlabs

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Virtual Gaming Revolution Continuing To Develop

    Virtual Gaming Revolution Continuing To Develop

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    Asus' ROG Flow Z13 is a Surface for gaming

    Asus’ ROG Flow Z13 is a Surface for gaming

    Atari's 50th anniversary celebration gives players a hands-on lesson in video gaming history

    Atari’s 50th anniversary celebration gives players a hands-on lesson in video gaming history

  • Crypto
    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

  • Business
    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

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Bitcoin loses steam, Ether continues run higher in Asia afternoon trading

by Staff Writer
August 9, 2022
in Business
Reading Time: 2 mins read
closeup of golden cryptocurrency coins
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Bitcoin fell back in late afternoon trading on Tuesday in Asia, losing steam after a run up of more than 4% in the past seven days. Ethereum continued its rally amid the buzz around the so-called “merge” when it shifts from proof-of-work to proof-of-stake, gaining more than 12% week-on-week. Polkadot and Solana fell back after starting the week stronger.

See related article: Markets: Bitcoin, Ethereum gain amid broad crypto rally; Polkadot jumps

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Fast facts

  • Bitcoin changed hands at US$23,826 as of 4:30 p.m. in Hong Kong, off 0.21% in the prior 24 hours. Ethereum gained 2.35% to US$1,772, according to data from CoinMarketCap.
  • Solana reversed gains from the morning and dipped 0.56%. Polkadot followed the same track and lost 0.85%. 
  • Dogecoin, the 11th largest coin by market cap, gained 2.92%. 
  • The total cryptocurrency market cap stood at US$1.12 trillion, up from US$1.05 trillion a week ago, CoinMarketCap data showed.
  • Asian equity markets were little changed amid uncertainty about China’s economy, Taiwan and the direction the U.S. Fed may take with interest rates. The Shanghai Composite index closed up 0.32%, with the Hong Kong Hang Seng index edging down 0.17% and the Nikkei 225 index losing 0.88%.
  • Andrew Sullivan, a market analyst and former equities broker, said investors are unsure which way to move regarding the state of the U.S. economy and what the Fed will do next. 
  • He said more interest rate increases by the Fed could benefit Bitcoin. Some investors do look at cryptocurrencies as being a hedge of sorts in these environments and a safer place to be sitting in the meantime, he said. 

See related article: Crypto lender Hodlnaut halts withdrawals, ends token swap feature

Source by forkast.news

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