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3 reasons why Bitcoin price rallied toward $45K entering March
1.3.2022
The gains accompanied a sharp overnight spike in the number of Bitcoin whale addresses
Russian Banks Raise Key Rates to 20% in Desperate Measure to Save Ruble
28.2.2022
The country faces sanctions from the West as the war against Ukraine transcends into economic and financial cripples
Chinese Provinces Tighten Crypto Crackdown – Despite Setting New Electricity Rates for Miners
25.2.2022
A number of Chinese provinces have increased the rate at which crypto miners must pay for electricity – despite the fact that mining has been outlawed in the nation....
Read More: Chinese Provinces Tighten Crypto Crackdown – Despite Setting New Electricity Rates for Miners
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
24.2.2022
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.”
Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’
23.2.2022
A recent report from Pantera Capital said moves in the debt market and the Fed’s shifting monetary policy could be the fodder that fuels Bitcoin’s next monster rally
Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target
20.2.2022
Bitcoin's growth has quickly outpaced Nasdaq's in the past ten years
Crypto 'best place' to store wealth during Fed rate hike: Pantera CEO
18.2.2022
"I think when all’s said and done, investors will be given a choice: they have to invest in something, and if rates are rising, blockchain is going to be the most relatively attractive," said Dan Morehead
Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies
18.2.2022
BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000
Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners
17.2.2022
The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining...
Bitcoin price is ‘likely starting the next push up’ if $42K holds as support
17.2.2022
Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine
How Raising Interest Rates Curbs Inflation – and What Could Possibly Go Wrong
11.2.2022
Rodney Ramcharan, Associate Professor of Finance and Business Economics, the University of Southern California.________
After about three decades of relatively low inflation, consumer prices are skyrocketing again in the US. ...
Read More: How Raising Interest Rates Curbs Inflation – and What...
AUD Falls as RBA in No Rush to Hike Interest Rates
11.2.2022
Tightening the economy appears to be a globally popular trend. This comes to light as markets everywhere struggle to control the rising inflation in their respective countries. The Reserve Bank of Australia, however, is not in any rush to make a rash decision. Calling it risky and too early,...
Report: Lebanon Planning to Devalue Currency by 93%, Depositors to Lose $38 Billion
9.2.2022
The Lebanese government is reportedly planning to devalue the local currency by up to 93% in a desperate bid to receive funding from the International Monetary Fund (IMF). As part of the plan, a major portion of foreign currency deposits in the banking system will be converted into local currency...
Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency
7.2.2022
Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of hardware theft have also...
Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
5.2.2022
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom
Russian Association of Power Suppliers Proposes Measures to Prevent Home Mining
5.2.2022
The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements and garages. The association believes the phenomenon is the main issue with mining in Russia as authorities prepare to legalize it. Suppliers Move Against Mining...
Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
4.2.2022
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press....
Bitcoin bulls may ignore Friday’s $730M options expiry by saving their energy for $40K
3.2.2022
Bitcoin price is no longer in reach of $40,000, but data shows bulls are willing to take a few short-term losses in order to strengthen their next run at the key resistance level
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
3.2.2022
Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network...
Ethereum price risks dropping to $2K on 'bear flag' setup
31.1.2022
The bearish outlook appears against the backdrop of the Federal Reserve's tightening policies