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Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
26.1.2022
MATIC price secured a near 40% gain as crypto market sentiment improves in the wake of a notable $250 billion relief rally
ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion
18.1.2022
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million...
Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates
16.1.2022
The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason...
Bitcoin funding rates stay negative as BTC price spikes to $43.5K
12.1.2022
The upcoming U.S. inflation report provides some familiar volatility as BTC price action hits six-day highs
Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022
10.1.2022
BTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022
Mike Novogratz Says Bitcoin Should Bottom Around $40K, Sees ‘Tremendous’ Demand From Institutional Investors
10.1.2022
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,” he said. Mike Novogratz on Future Outlook...
Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K
9.1.2022
The warning appears against the U.S. Federal Reserve's intention to tighten its asset purchasing program rapidly, followed by three rate hikes in 2022
Will this time be different? Bitcoin eyes drop to $35K as BTC price paints 'death cross'
8.1.2022
While recent bearish crossovers between Bitcoin's 50-day and 200-day exponential moving averages failed to push prices lower, this time could be different
Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value
6.1.2022
Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news...
BTCS stock jumps 44% after announcing first-ever dividend payable in Bitcoin
6.1.2022
Bids for the blockchain company's shares rose after announcing first-ever Bitcoin dividends on Nasdaq
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates
5.1.2022
Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control
Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials
3.1.2022
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has become the new gold for the millennials. Finance Professor on Bitcoin and Inflation Wharton’s...
Power Outages in Russia’s Irkutsk Region Blamed on Home Miners
2.1.2022
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned mining into a source...
Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity
30.12.2021
Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint...
Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners
25.12.2021
The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia...
Russian Provinces Free to Make Crypto Miners Pay Higher Electricity Rates, Says Gov’t
24.12.2021
Crypto miners in Russia could be set to pay higher electricity fees in 2022, but the development could allow miners to ply their trade without further scrutiny from energy providers – who may even assist them in setting up their operations in ways that place less strain on local grids....
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Christmas Rally for Bitcoin, Ethereum as Prices Break Key Levels, Funding Rates Turn Positive
24.12.2021
It looks like Santa Clause has arrived early for crypto investors this year, with strong rallies seen across bitcoin (BTC), ethereum (ETH), and the broader altcoin market in the past 24 hours.
At 13:10 UTC, BTC traded at USD 51,038, up 4.3% for the past 24 hours and 7.1% for the past week....
The TUSIAD Business Group Calls for an End to Erdogan’s Low-Rates Policy
20.12.2021
The Turkish president is facing several questions and criticisms against his announcement of a new monetary policy. The TUSIAD business group has urged Erdogan to go back to the rules of economic science. Erdogan has also been asked to completely write off the new policy that is based on low rates....
ADALend: Protocol Efficiency on Cardano in Handling Interest Rates
16.12.2021
Crypto traders turn to fixed-income instruments like bonds and stocks to diversify their portfolios. The cryptocurrency market is a legitimate source of debt securities that are no less reputable than their equivalents and is a substantial economic force to reckon. With interest rate derivative...
Analysts expect Bitcoin trend change after Fed lays out its 2022 roadmap
15.12.2021
Traders look for a market-wide recovery now that the Fed confirmed at least 3 rate hikes and a wind down of its bond purchasing policy in 2022