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ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing Operations
27.10.2022
On Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to the rate hike, the ECB changed the central bank’s targeted longer-term refinancing operations terms...
Bitcoin miners rethink business strategies to survive long-term
26.10.2022
A look at why some Bitcoin miners continue to thrive in the bear market while others need to rethink their strategies in order to continue operations
Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid
25.10.2022
The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the country for the third time. Concerns over...
Should you avoid Dogecoin (DOGE) for long-term investment?
21.10.2022
Dogecoin was launched in 2013 to mock Bitcoin. It has the canine face logo similar to Shiba Inu. It was considered an amusing meme coin for their beloved community, but it became one of the ten largest cryptocurrencies by market cap. However, the problem is Dogecoin does not have a fixed supply,...
Is Polkadot (DOT) an asset for the long term?
21.10.2022
Polkadot helps to connect decentralized blockchain technologies. For example, the value of data from Ethereum can be transferred to Bitcoin blockchain without any intermediaries. It increases the speed and scalability of blockchain networks. DOT is the native token of this crypto network which...
Biggest Movers: XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak
19.10.2022
Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday. Today’s move sees the token rise higher for a fourth consecutive day, following a rebound from its long-term floor. Aave was also in the green, as it remained close to a five-week...
5 altcoins that could be ripe for a short-term rally if Bitcoin price holds $19K
17.10.2022
Bitcoin price continues to trade within a tight range, setting up possible short-term breakout for MATIC, HT, QNT and OKB
Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit
14.10.2022
Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit...
Devere CEO Expects Further Volatility in Crypto Market Before Year-End — Says Savvy Investors Will Benefit From Panic Sellers
13.10.2022
The CEO of Devere Group, a financial advisory and asset management firm, anticipates further volatility in the crypto market before year-end. However, he stressed that “for serious investors, this will not necessarily be seen as a bad thing,” noting that “Savvy, long-term crypto...
Finder’s Specialists Predict Ethereum Will Slip to $963 This Year, but End 2022 at $1,377 per Unit
12.10.2022
46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than three months left in 2022, Finder’s panelists predict that ethereum will drop as low...
Employee Who Stole $2.8m from Company to Buy Crypto Gets 5-year Jail Term
12.10.2022
A South Korean company employee whole stole over $2.8 million worth of his firm’s money to buy crypto has been handed a five-year prison sentence....
Read More: Employee Who Stole $2.8m from Company to Buy Crypto Gets 5-year Jail Term
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
11.10.2022
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government...
30-Day NFT Sales Are 88% Lower Than They Were 8 Months Ago, Google Searches Nosedived
9.10.2022
At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows monthly NFT sales are more than 88% lower than they were in January. Furthermore...
Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is ‘a Losing Trade’ — Reignites Feud With Laser Eyes Movement
9.10.2022
Veteran trader Peter Brandt’s latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter. One very famous bitcoiner, Michael Saylor, reminded Brandt that the laser eyes signify “a long-term...
Bitcoin Price Up Since Bitboy Crypto's Bearish Short Term Prediction
6.10.2022
Bitboy Crypto has shared several short term bearish - but long term bullish - Bitcoin price predictions. Since then the market has rallied.
A love / hate figure in cryptocurrency, Ben Armstrong (@Bitboy_Crypto) now has 892,000 followers and is one of the most followed crypto Twitter influencers....
Will bulls take charge now that Bitcoin price trades above a long term trendline resistance?
5.10.2022
Bitcoin bulls celebrated BTC’s push through a long term trendline resistance, but has anything actually changed?
Can Elrond (EGLD) Break Long-Term Resistance to Turn Profitable?
4.10.2022
Elrond is a sharding architecture decentralized blockchain protocol that runs on a Secure Proof of Stake (SPoS) consensus. It breaks into several shards depending on how much work is being done. It was started in 2017 by Lucian Mincu and Benjamin. In 2019, Elrond (EGLD) was launched on the Binance...
First Mover Americas: Bitcoin Remains Above $19K as Long-Term Holders Stay the Course
3.10.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 3, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Fraudster Who Swindled Victims out of Bitcoin and ETH Gets 5-Year Jail Term
30.9.2022
A South Korean crypto fraudster who duped victims out of some $1.7 million worth of bitcoin (BTC), ethereum (ETH), and fiat has been handed a five-year jail sentence.
Chosun reported that the man (33), identified only by his surname Han, was sentenced by the Criminal Division of the Seoul Central...
Bitcoin profitability for long-term holders decline to 4-year low: Data
30.9.2022
The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle