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Bitcoin price hits 1-week lows as Fed rate hike rumors unsettle market
21.10.2022
A sudden dip accompanies squabbling over Fed rate hike policy, with BTC price action recovering lost ground
Will ETH price crash to $750? Ethereum daily active addresses plunge to 4-month lows
21.10.2022
The drop in Ethereum’s daily active addresses comes as ETH price flatlines, raising fears about a potential drop ahead
Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
20.10.2022
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive...
Crypto Expert Believes This One Catalyst Can Trigger New Bull Market – Market Rebound Incoming?
20.10.2022
James Butterfill, head of research at digital asset manager CoinShares, argues that there is one catalyst that could take bitcoin (BTC) and the crypto market straight into the next bull run – a Fed pivot.
In an interview with trader and investor Scott Melker, aka the Wolf of All Streets...
Crypto News Summary: Celsius Faces US Federal 'Investigations', IRS Puts Crypto, NFT & Stablecoin in Digital Asset Category, HackNotice Accepts BTC, XMR
19.10.2022
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: Crypto News Summary: Celsius Faces US Federal 'Investigations', IRS Puts Crypto, NFT & Stablecoin in Digital Asset...
Cardano price chart paints 'Burj Khalifa' with 7-month losing streak — More losses ahead?
19.10.2022
On-chain Cardano metrics show a decline in transactional activities on the network
Post-midterm elections dump? Bitcoin will see $12K if this 2018 BTC chart fractal is correct
17.10.2022
Bitcoin accumulation during the 2022 bear market looks stronger than in 2018 but macro headwinds could spoil the party this time around
Report: Ghanaian Currency Slips to Another Low Versus the US Dollar
17.10.2022
After it slipped to a rate of about 12:1, the Ghanaian cedi became the latest African currency to touch a new low versus the U.S. dollar, albeit on the unofficial foreign exchange market. Having started 2022 trading around 6.25 per dollar, the cedi has now lost over 90% against the appreciating...
Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession
17.10.2022
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world...
Japanese Yen Plunges to 32-Year Low Against US Dollar — Another Intervention by Authorities Expected
16.10.2022
The Japanese yen’s exchange rate versus the U.S. dollar recently plunged to its lowest rate in 32 years — 147.66 JPY per dollar. The yen’s latest fall comes less than a month after its slip in September prompted authorities to enter foreign exchange markets for the first time since...
Elon Musk Presently Under Investigation by Federal Authorities, Twitter Informs Judge
15.10.2022
Tesla and Spacex CEO Elon Musk is under federal investigation for his conduct in connection with the $44 billion acquisition of Twitter, according to a court filing by the social media giant. Twitter claims that “Through counsel, he has exchanged substantive correspondence with those...
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether
14.10.2022
After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit against Tether and Bitfinex. The recent hearing has shown that U.S. district judge, Katherine...
Bitcoin trader predicts $18K return within days as stocks wilt post-CPI
14.10.2022
The fun could be over at $20,000, analysis warns as U.S. equities feel the burn and the dollar makes up for lost time
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
13.10.2022
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly...
Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 Following FOMC Minutes
13.10.2022
Bitcoin was trading below $19,000 on Thursday, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. In the minutes, the Federal Reserve hinted at upcoming hikes, while also acknowledging a level of surprise at the rate at which inflation has risen. Ethereum moved below...
Many crypto asset activities pose 'novel risks' to banks, says Fed vice chair for supervision
12.10.2022
Michael Barr suggested financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities around use cases of innovative technologies
Custodia Bank founder Caitlin Long has some strong words about the Fed and BNY Mellon
12.10.2022
The head of the Wyoming-based bank was taken aback when BNY Mellon was approved to provide crypto custody services; her bank’s master account application is still not processed
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Higher Ahead of US Inflation Report
12.10.2022
Bitcoin was trading marginally higher on Wednesday, as markets prepared for the upcoming U.S. inflation report. Cryptocurrencies have mostly consolidated ahead of the release, which many believe could trigger further action from the Federal Reserve Bank. Ethereum was also higher, as the token rose...
US Acting Comptroller urges not to rush with the crypto regulation
12.10.2022
Michael J. Hsu called for tighter interagency efforts and highlighted the three most dangerous areas of the new industry
Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed
11.10.2022
Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising interest rates. Wood says that...