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Bitcoin battles whales above $22K as BTC price faces US CPI data
13.9.2022
Bitcoin bulls are now attacking the "final" major resistance cluster below $25,000, on-chain data shows
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’
13.9.2022
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also...
‘A Dangerous Looking Moment in Global Economics’ — Veteran Investor Jeremy Grantham Warns S&P 500 Could Plunge Another 26%
12.9.2022
Jeremy Grantham, the co-founder of the Boston-based asset management firm Grantham, Mayo, & van Otterloo (GMO) believes Standard and Poor’s 500 (S&P 500) could drop another 26% during the next 12 months, according to statements the veteran investor made last week. The...
Market Wrap: Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data
12.9.2022
The second-largest cryptocurrency declined relative to bitcoin three days ahead of the scheduled Merge. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
US Inflation Data Could Test Bitcoin’s Rally
12.9.2022
The price of bitcoin gained 15% over the weekend as traders wait for positive U.S. inflation data
Elon Musk, Cathie Wood sound 'deflation' alarm — is Bitcoin at risk of falling below $14K?
12.9.2022
Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate
The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week
12.9.2022
A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days
Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation
12.9.2022
Tesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve risks deflation in the U.S. economy. Musk’s warning followed an analysis by Ark Invest CEO Cathie Wood, who cautioned that “Leading inflation indicators like gold and copper are flagging the risk...
Bitcoin short squeeze ‘not over’ as BTC price eyes 17% weekly gains
11.9.2022
Analysts are still confident that BTC price action can break $23,000 going into the Ethereum Merge and U.S. CPI data
Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review
11.9.2022
Macro markets and geopolitics dominated the news this week, with Russia cutting off Europe’s gas supply, hedge funds betting against Italian debt, and the International Monetary Fund’s bailout for Zambia helping the kwacha overtake the ruble as the world’s best-performing...
Bitcoin Price Outlook for September
9.9.2022
Almost ten days into September, market volume in bitcoin has started rising, as traders return to action following the summer break. As volume returns, so does volatility, with this week showing both high levels of bullish and bearish sentiment in the token. Looking forward to the remainder of...
Bitcoin Tops $20K as Inflation Expectations Slide, Hopes For 2023 Rate Cut Persist
9.9.2022
ING expects a rate cut in June 2023 followed by further easing in the second half of the year
Federal Reserve to Act 'Forthrightly, Strongly' Until Inflation 'Job Is Done,' Powell Says
8.9.2022
ECB Hikes Interest Rate 75 Basis Points as Inflation Hits
8.9.2022
Crypto markets reacted calmly to the news, but it may presage further aggressive action by central banks
IMF Bailout Could Be in UK’s Future, Says Strategist
8.9.2022
Mizuho Securities’ head of global macro strategies has warned that an IMF bailout may be in the U.K.’s future. Moreover, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst since 1990...
Putin Threatens to Let Europe ‘Freeze’ — Russian President Warns ‘We Will Not Supply Gas, Oil, Coal, Heating Oil’
8.9.2022
Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian president Vladimir Putin explained on Wednesday that Russia will not supply...
What will drive crypto’s likely 2024 bull run?
7.9.2022
Easing monetary policies, the decline of inflation, the change in Bitcoin's mining difficulty, and growing confidence in DeFi are factors that point to a renewed surge for crypto prices
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
7.9.2022
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%....
VCs pour $14.2B into crypto in H1 2022, but investments now slowing
7.9.2022
KPMG noted that despite the expected downfall, investment figures remained well-positioned in comparison to pre-2021 figures, which highlights the growing maturity of the market
Bitcoin 'bear flag' breakdown targets $15K as US dollar hits 20-year high
6.9.2022
BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022