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Market Outlook: CME Fedwatch Tool Points to Increased Chance of June Rate Hike
26.5.2023
According to the CME Group Fedwatch tool on Thursday, there was a 51% probability of a quarter-point rate increase during the upcoming Federal Open Market Committee (FOMC) meeting on June 14. Just a fortnight ago, the Fedwatch tool indicated a slim possibility of the federal funds rate reaching...
Are investors losing interest in Bitcoin? Avorak suggests yes
26.5.2023
The recent market data analysis by some quarters notes a declining investor interest in Bitcoin, fueling speculation that it’s ceding ground to emerging low-cap utility altcoins. Avorak Trade, through its advanced algorithms, affirms a waning Bitcoin interest. The explosion in new meme coins...
As Pepe, RefundCoin, Shiba Inu Price Drop Further, Meme Token Investors Back This New Cryptocurrency Project
26.5.2023
In a landscape where Pepe, RefundCoin, and Shiba Inu prices continue to nosedive, meme token investors are setting their sights on a new cryptocurrency venture that's gaining momentum: AiDoge.
As uncertainty looms over established meme coins, this emerging project is garnering attention...
Study: Africa Likely to Leapfrog Leading Fintech Regions if It Adopts New Technologies
25.5.2023
Africa will likely leapfrog the top fintech regions if startups on the continent adopt new technologies, the Global Fintech 2023 report by the Boston Consulting Group and QED Investors has said. The report points to the African continent’s young population as well as the projected population...
German banks slowly adopt crypto, mostly for institutional investors
25.5.2023
Doubts regarding crypto remain among German banks, but there is a growing concern about missing out on a potentially game-changing development
Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes
24.5.2023
The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data
While Chainlink fails to deliver new updates, investors turn to DigiToads for its exceptional growth
24.5.2023
The dynamic landscape of cryptocurrencies demands continuous innovation and fulfillment of promises. For a project to thrive in this fiercely competitive space, it must constantly evolve and deliver on its commitments. While Chainlink (LINK) has recently struggled to deliver significant updates...
Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research
24.5.2023
The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted
CoinEx Exchange Contributes to the Success of Bitcoin 2023 Conference
24.5.2023
PRESS RELEASE. Miami, Florida/ Bitcoin 2023, a three-day bitcoin conference held in Miami Beach, Florida, has concluded, bringing together developers, investors, and crypto enthusiasts from around the world. The conference featured a range of talks about Bitcoin, covering topics like investment...
Report: Emerging Market Investors Dumping Dollar-Denominated Debt and Seeking Local Currency Bonds Instead
24.5.2023
Emerging markets investors are being attracted by local currency-denominated bond instruments while leaving dollar-denominated debt, according to data provided by EPFR Global, a fund flow and allocation data insights company. These markets have outperformed dollar-denominated debt due to...
Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil
23.5.2023
Ether and most other major altcoins rise slightly, even as stocks drop amid worries about whether U.S. lawmakers will reach an agreement before June 1
Consensus Survey: TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects
23.5.2023
Despite the market turmoil of the last six months, investment managers say they largely plan to keep putting capital into digital assets, our survey finds
Today in Crypto: FBI Issues Alert About Scam Crypto Job Ads, Binance Dismissed from a Tinder-Related Lawsuit, Hong Kong to Allow Licensed Platforms to Serve Retail Investors
23.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: FBI Issues Alert About Scam Crypto Job Ads, Binance Dismissed from a Tinder-Related Lawsuit, Hong Kong...
JPMorgan Boss Warns ‘Everyone Should Be Prepared’ for Interest Rates ‘Going Higher From Here’
23.5.2023
JPMorgan Chase, the largest bank in the United States, held its investor day event on Monday, where CEO Jamie Dimon answered questions from analysts and journalists. Despite market expectations of a rate hike pause, Dimon cautioned that people “should be prepared for rates going higher from here.”...
Bitcoin Jumps to Key Price Resistance as Hong Kong Opens Crypto Trading for Retail Investors
23.5.2023
First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments
23.5.2023
ALSO: Former CoinDesk head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge
Uncertainty for Bitcoin 30k price point has many investors turning to DigiToads presale
22.5.2023
The crypto market is uncertain as Bitcoin prices fluctuate between $26K and $31K. This volatility has caused many investors to look for alternative investments that are more stable and provide greater returns. One such investment is the DigiToads (TOADS) presale, a unique opportunity to get in...
PSYOP Token Investors Lose Half Their Funds After ‘Scam' – Here’s Three Coins You Can Trust
22.5.2023
Presale investors in Ben.eth’s unorthodox launch of the PSYOP meme coin appear to have lost out big time, with some losing half of their funds and others dubbing the token launch a “scam”.
On-chain analytics Twitter account @lookonchain examined the airdrops received by some of the PSYOP presale’s...
UBS Offers 3 Reasons to ‘Buy Gold Now’ — Forecasts All-Time High This Year
22.5.2023
Global investment bank UBS has provided three reasons for investors to “buy gold now.” Expecting gold to break its all-time high later this year, the Switzerland-based investment banking giant has retained its “most-preferred rating” on gold. UBS Sees 3 Key Reasons to Buy Gold Now...
Investors are turning to DigiToads & Chainlink to diversify their portfolio
20.5.2023
The dynamic nature of the market has prompted investors to seek alternative options to diversify their portfolios, leading them to explore the potential of DigiToads (TOADS) and Chainlink (LINK) cryptocurrencies. These two digital assets have emerged as distinctive choices due to their unique...