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Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation
17.6.2021
The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” the Federal Open...
Joe Biden’s Proposal to Double Capital Gains Tax Rate Shakes Financial Markets
23.4.2021
The Biden administration has revealed plans to raise taxes on investors who are millionaires according to a flurry of recent reports. President Joe Biden wants to overhaul the U.S. economy in order to help fund American childcare and education. Biden’s proposal will almost double the current...
Bitcoin’s Astonishing Price Hike – Is it for Real?
22.2.2021
Bitcoin, the most speculative digital asset, has now been continually targeted by investors. They speculate whether investing in Bitcoins would be an ideal option in the current scenario or not when the digital asset appears to be overhyped. The hype began after the Tesla king invested around $1.5...
Dogecoin’s Record Price Hike Signals Bubble
11.2.2021
“Big Short” investor Michael Burry recently called Dogecoin a bubble, citing enough reasons that go in favor of his prediction. First, Dogecoin is perhaps the only cryptocurrency that does not have market capitalization. It was launched in 2013 when its price was around A$5.6 billion on...
Stellar Price Reflects Tremendous Hike in the Last 24 Hours
25.11.2020
Stellar is making a stellar move in the global crypto market against the US Dollar as its trades right below the significant lucrative projects of viz., Cardano, Polkadot, and Binance Coin. XLM coin has strengthened by over 60% from yesterday’s opening trading price of $0.135 to a 2-year high...
Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
20.10.2020
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...
4 Reasons Why Bitcoin’s Price Hike Beats Every Other Asset Class - Report
18.8.2020
With the price of bitcoin (BTC) rising by more than 71% (Tuesday 14:00 UTC) since the beginning of this year, a recent analysis points to four factors which have allowed the cryptocurrency to generate a return that beats out every other asset class' performance.
The primary drivers that have pushed...
Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong
13.7.2020
The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the...
Stellar (XLM) Appears Bullish Due to Impressive Intraday Hike
25.4.2020
Stellar, at the time of penning down this analysis, was trading at $0.0624 against the US Dollar as the price accumulation takes the toll The intraday price of XLM coin has rebounded from $0.060 to $0.062, which helped retain support from 50-day and 200-day daily MA Recent intraday price recovery...
Bitcoin Cash Marks an Impressive Intraday Hike; Trades Above $240
20.3.2020
Bitcoin Cash shows an amazing trend reversal as the price rises above the yearly bottom of $143.2 and currently trades at $241.7, marking an intraday hike of 68.78% The market seems to reverse the weekly sluggish pullback as market ramps up BCH coin had lost over 70% when it nosedived from...
Court Backs County for Electricity Price Hike Targeting Crypto Mining
14.3.2020
A Washington court has sided against six crypto mining entities who sued Grant County for upping the electricity prices it charged to “emerging industries” in 2018
XLM Eyes a Slow Recovery; Corrects After a 61% Price Hike
13.3.2020
The crypto market, just like every other market across the globe right now, is still not ready enough to come out of the shock that it has been receiving for the last one week. However, even after a massive price plunge below $5000, Bitcoin has at least attempted to remain above $5000. It seems...
NEO Nears $12 after an Overnight Hike of 3.63%
5.3.2020
NEO has been up by 3.63% on the last day, and it is currently at 11.97 USD. It may soon reach the next resistance point at 12.09 USD. After the last few days of struggle, NEO seems to have taken the path to a quick recovery. Over the last 24 hours, it has been stretched …
A Sudden Price Hike Brings Bullish Mid-week for WazirX
3.3.2020
WazirX’s price has recently managed a sharp bullish break-out from a flattish price consolidation. It was yesterday when the coin shot up while clearing major price barriers. The recently launched crypto coin seems to be pacing up with Bitcoin’s price movements as BTC also has started an uptrend....
ETH Records 26.34% Hike in the Last Week as it Consolidates Near $270
14.2.2020
Ethereum’s value against USD has been hyped by 26.34% in the last week It may soon touch the next resistance point at $275 Currently, ETH price consolidates around $270 level Ethereum has witnessed one of the most rewarding weeks of this year, as it is now eyeing a $300 price mark. Over the last...
Ripple (XRP) Crosses $0.31 After an 11% Hike Over the Last Day
13.2.2020
XRP jumps up by 11.13% and reaches $0.3143 The short-term daily 20-days MA has crossed up 50-days MA recently Ripple price may halt at the next resistance point of $0.3248 XRP has outpaced Bitcoin’s gradual price rise Ripple has shocked the market with a tremendous hike to the extent of 11.13%,...
TRON Exhibits an Intraday Hike of Over 20%; Hits a Fresh 90-day High
7.2.2020
TRX coin exhibits an up-trending momentum since the start of the year as it gains the required pace and support Moreover, the intraday movement has helped the TRON coin to gain over 20% as it currently trades at $0.0233 The steep rise that happened yesterday is projecting towards near-term...
Ripple (XRP) Price Exhibits 3% Hike Overnight
28.12.2019
The crypto market is currently lifting the heavy pressure. The same has given a chance for the coins to improve. The top guns of the altcoin market like Bitcoin, Ethereum, Litecoin, Ripple etc. were also trading with the pullback pressure and now there is a ray of hope for the improvement. Today...
VeChain (VET) Upsurge Reflects 10% Hike Over the Last 24 Hours
24.12.2019
VeChain is trading with an uptrend since yesterday. The astounding improvement in the price was long-awaited by the traders. The upsurge in the VET coin has spike hope among the traders for a better closing of the year in VeChain cryptocurrency. If we look at yesterday’s price movement, the coin...
Stellar (XLM) Manages to Fetch 1.28% Hike in the Last 24 Hours
6.12.2019
Stellar has finally shown an upward movement after the last few days of struggle. The recovery in the overall market seems to have impacted the XLM coin, as well. It has been through three major price swings in this period and got a hike of 1.28% overnight. Stellar Price Prediction XLM coin opened...