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Bitcoin still has $14K target, warns trader as DXY due ‘parabola’ break
5.10.2022
A push higher for Bitcoin is likely to form the final fakeout before plumbing new multi-year lows, fresh analysis maintains
BTC price still not at 'max pain' — 5 things to know in Bitcoin this week
3.10.2022
Bitcoin has plenty of obstacles to weather in the current macro storm as two-year weekly close lows remain inches away
S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy
2.10.2022
Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s analysts believe...
Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
30.9.2022
Equities markets have extended their decline, but Bitcoin and select altcoins have not given up much ground, leading some traders to believe that the bottom is in
Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar
29.9.2022
Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank...
Bitcoin Price Pumps as BOE Announces Quantitative Easing, DXY Drops
28.9.2022
In breaking news today, the Bank of England stated QE will be on 'whatever scale is necessary' and the Bitcoin price has now recovered above $19,500, up 3% in the past 24 hours.
It may be too early to call an end to the 2022 bear market, dubbed in media the 'crypto winter'.
Many market...
Bitcoin price loses $20K as trader warns US dollar 'not quite topped out'
27.9.2022
Bitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain
Crypto-focused MPC developer raises $40M
27.9.2022
Multi-party computation, or MPC, is a subset of cryptography that distributes computation across multiple parties
Is it Bitcoin’s time to shine? British Pound drops to all-time low against the dollar
26.9.2022
The U.S. dollar has been the clear winner as investors seek shelter in the largest global economy, but could the British Pound's weakness be a positive for Bitcoin
Traders brace for Bitcoin price volatility as DXY 2022 gains near 20%
26.9.2022
It's still all about the U.S. dollar this week as the monthly close and options expiry loom for Bitcoin
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
26.9.2022
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday...
TD Securities Analyst Says Gold Sell-off May Not Be Over — Carry and Opportunity Cost Could ‘Drive Capital Away’
26.9.2022
Precious metals markets continue to flounder this week as gold’s value per troy ounce has slid by 6.53% in value against the U.S. dollar during the last month, while silver has shed 2.34% in 30 days. Amid the raging inflation worldwide and the hawkish central banks, gold and silver prices...
'The bond market bubble has burst' — 5 things to know in Bitcoin this week
26.9.2022
A time tunnel to November 2020 opens on BTC price action as the U.S. dollar lays waste to currencies and equities alike
While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback
25.9.2022
While the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September, Russia told the press China would pay for natural gas with rubles and yuan. Moreover, Switzerland’s...
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
25.9.2022
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red...
Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
23.9.2022
The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week
Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’
23.9.2022
On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past...
As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’
21.9.2022
Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60...
Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’
16.9.2022
Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
16.9.2022
Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices