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Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today’s Rate Decision
4.5.2022
Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support level in the process. Bitcoin BTC was trading higher on Wednesday, as bulls re-entered...
BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash
4.5.2022
Worries over capitulation see MicroStrategy give away key insights into what it would do should Bitcoin price strength deteriorate
Bitcoin funds saw largest single week of outflows since June 2021
4.5.2022
“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote
‘Surprisingly Robust’ Bitcoin Slips Lower as Market Awaits Next Fed Move
3.5.2022
The price of bitcoin (BTC) fluctuated on Tuesday, as market participants took a wait-and-see approach ahead of an expected interest rate announcement by the US Federal Reserve (Fed) on Wednesday. Meanwhile, analysts said bitcoin appears resilient in the face of a negative outlook for risk...
Bitcoin nervously awaits Fed as Paul Tudor Jones says 'clearly don't own' stocks, bonds
3.5.2022
"You can't think of a worse macro environment" than right now, Tudor Jones tells mainstream media ahead of the Fed's presumed rate hike confirmation
Weiss Ratings issues warning over crypto mortgage risks
3.5.2022
Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans
Fed 'will determine the fate of the market' — 5 things to know in Bitcoin this week
2.5.2022
The U.S. central bank will make what is becoming a monthly dictation of what markets do this week with a new rate hike announcement
India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister
1.5.2022
The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee, which will be backed by the Reserve Bank of India (RBI), to...
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions
1.5.2022
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw significant losses at the end of the week, and the Nasdaq composite saw its worst four-month starting...
Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’
1.5.2022
Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, when we are convinced we must have bitcoin in our balance sheet,”...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend
30.4.2022
Bitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures. The current uncertainty surrounding next week’s Federal Reserve meeting has seen prices consolidate for most of the week, with Saturday being no different. Bitcoin...
Bitcoin whale holdings at 7-month highs despite warnings of BTC price crash to $20K
29.4.2022
Bitcoin's correlation with stocks has risen to alarming levels, according to some market analysts
How Western Sanctions on Russia Could Make Crypto an International Reserve Currency
28.4.2022
If oil and gas are one day denominated in cryptocurrency, we’re likely to see other industries start pegging their goods and services to crypto
Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Moves Away From 1-Month Low
28.4.2022
Market uncertainty in crypto was once again higher on Thursday, as traders continue to anticipate next week’s Fed decision. Following a drop to a one-month low during Wednesday’s session, BTC rebounded, with prices now hovering below $40,000. ETH also rallied, attempting to break...
Fed Tightening ‘More of an Opportunity Than a Threat’ – Grayscale CEO
28.4.2022
Monetary tightening and potentially aggressive interest rate hikes by the US Federal Reserve (Fed) do not threaten crypto as an asset class, and could instead serve as “a shining advertisement” and “an opportunity,” according to Michael Sonnenshein, the CEO of major crypto investment manager...
Former Chinese Central Bank Governor: US Dollar Will Remain Global Reserve Currency, Says It ‘Has Great Inertia’
27.4.2022
In remarks that appear to pour cold water on assertions that digital currencies will topple the U.S. dollar anytime soon, a former governor of the Chinese central bank, Zhou Xiaochuan, insisted the greenback will remain in its position as the global reserve currency. Xiaochuan said the dollar still...
US Senate confirms Lael Brainard as Fed vice chair
26.4.2022
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter
25.4.2022
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday,...
Could XRP price lose another 70% by Q3?
25.4.2022
A descending triangle breakdown coupled with XRP's correlation with Bitcoin can put downward pressure on price
Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review
24.4.2022
Former Twitter CEO Jack Dorsey ponders Ethereum’s “single points of failure” and whether one man should be able to control an entire social media network, while Bitcoin.com News gives you the latest scoop in the world of ETH and BTC mining rigs. To top it all off, one economist...