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Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...
Oryen Network multiplies market cap by 3X during presale even though TRON and USDD are under pressure
14.12.2022
As TRON and USSD struggle to stabilize their prices, ORY is generating 3X greater gains for investors in its presale. TRON (TRX) and USDD A decentralized, open-source network called TRON aims to give millions of users access to various financing options. It offers various earning and trading...
Biggest Movers: SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting
14.12.2022
Solana surged to a three-week high ahead of this afternoon’s Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as prices fell from a recent high. Solana (SOL) Solana...
The Year Crypto Yields Blew Up
14.12.2022
We’re left with a smoking ruin of a yield industry, but with some incredibly important “green shoots” from which to rebuild
Ark Invest Fund Manager Cathie Wood Buys More Coinbase Stock – Bull Market Starting Soon?
14.12.2022
Well-known tech investor Cathie Wood’s fund Ark Invest has taken a bigger stake in Coinbase, buying up an additional $3.2m worth of shares in the crypto exchange.
The latest purchase means that Ark Invest’s flagship exchange-traded fund (ETF), ARK Innovation ETF (ARKK), now holds 5.8 million COIN...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Higher Ahead of Fed Rate Decision
14.12.2022
Bitcoin continues to trade close to $18,000 on Wednesday, as markets remain bullish, following the latest U.S. inflation report. Following the data, which saw consumer prices rise to 7.1%, many expect the Federal Reserve to increase interest rates by 50 basis points. Ethereum was also higher today...
Dvision Network Announces Dvision World 2․0 Release In Beta Mode
14.12.2022
PRESS RELEASE. As part of their ongoing development, Dvision Network has announced the launch of their upgraded Dvision World 2.0 in Beta mode. The launch will officially commence on 14th December, 2022. Not too long ago, via a collaborative partnership with market leaders Binance NFT...
Citi Says Crypto Market Leverage, Open Interest Are Historically Low
14.12.2022
The bank expects a broader focus on decentralization in 2023 following this year’s failings in centralized crypto ventures
Bitcoin bear market 70% dip kills BTC 'tourists' as metric screams buy
14.12.2022
Bitcoin risk-return is now presenting a macro buying opportunity, says Philip Swift as data shows a move from capitulation to accumulation
Ether, Bitcoin Post Gains as Crypto Market Cheers Sam Bankman-Fried's Arrest, Inflation Data
14.12.2022
With the former FTX CEO's arrest, the crypto market has now shifted its focus to improving macroeconomic conditions, analysts said
Crypto Market’s Near-Apocalypse in 2022 Turns Zombie Tokens Into Dead Coins
13.12.2022
The number of cryptocurrencies has dropped by about 1,000 since early 2022, the biggest-ever decline in the 13-year-old crypto industry’s volatile history, according to Statista. Analysts say project failures could be associated with no buyers or rug pulls
Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD
13.12.2022
Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been investigating Binance, according to four people familiar...
Crypto Experts are Accumulating These Coins Before the Bull Market Returns – Find Out Why
13.12.2022
Despite BTC's value dropping 75% from its November 2021 record high, investors have not abandoned cryptocurrencies, as today's market rally demonstrates....
Read More: Crypto Experts are Accumulating These Coins Before the Bull Market Returns – Find Out Why
Bakkt Study Shows Crypto Holders and Crypto Curious Optimistic on Crypto Despite FTX and Bear Market
13.12.2022
A new study commissioned by Bakkt has found that despite the recent fall of crypto markets and FTX’s high-profile bankruptcy, consumers remain optimistic about the cryptocurrency space and their future potential of purchasing crypto....
Read More: Bakkt Study Shows Crypto Holders and Crypto Curious...
Crypto Trading Firm Cumberland Says Bull Market is Close – Have We Bottomed Already?
13.12.2022
Despite the ongoing crypto market downturn which fuels concern amid many industry observers, an increasing number of developments suggests that a new bull market could be close, according to a recent analysis by crypto asset trading company Cumberland....
Read More: Crypto Trading Firm Cumberland...
Biggest Movers: AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data
13.12.2022
Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets had expected. The figure was also 0.6% lower than October’s reading of 7.7%. Litecoin also...
Bitcoin, Ethereum Technical Analysis: BTC Rallies to 1-Month High, as ETH Nears $1,300
13.12.2022
Bitcoin surged to a one-month high on Dec. 13, ahead of the latest inflation report from the United States. It is expected that consumer prices will fall to 7.3% in November, which would be a drop of 0.4% from the month prior. Ethereum was also higher in today’s session, as prices neared...
Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance
13.12.2022
Binance hits $1.8 billion in withdrawals, while BNB drops 8% and value departs BSC-based DeFi protocols
Polygon’s NFT Market Demonstrates Signs of Significant Increased Adoption, but Not Growth in Sale Volume, Nansen Data Shows
12.12.2022
Amid a crypto winter exacerbated by the FTX fallout, first-time and returning buyers have reached all-time highs in Polygon’s non-fungible token market. Yet, sales volumes are near all-time lows
Bitcoin’s bear market is far from over, but data points to improving investor sentiment
12.12.2022
Crypto investor sentiment saw a slight upswing, but the potential of a deep liquidity crisis in the sector could keep investors at bay