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Market Wrap: Cryptocurrencies Pull Back Amid Inflation and Geopolitical Risk
2.3.2022
Bitcoin (BTC) and other cryptos pulled back on Wednesday as investor concerns about geopolitical tensions and inflation linger. The surge in commodity prices could lead to slower economic growth and greater market volatility. Still, some analysts point to greater buying power as a potential source...
Price analysis 3/2: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
2.3.2022
Bitcoin appears to be losing momentum and altcoins are stalling, but the fact that bulls are holding key support levels could signal that the rally will continue after a brief pause
Bitcoin Fades From Resistance; Support at $40K
2.3.2022
Bitcoin (BTC) struggled to break above the $44K resistance level, although lower support at $40K could stabilize the current pullback. Stronger resistance is seen at $46K, although downside momentum could continue into the Asia trading day
Ukraine Expands Crypto Donations to Accept Dogecoin
2.3.2022
The dog-themed memecoin joins bitcoin, ether, Tether's USDT, solana and Polkadot's DOT as cryptocurrencies currently accepted by Ukraine
Ucrania confirma un airdrop tras recibir $33 millones en donaciones mediante cripto
2.3.2022
Es la primera vez que un país realizará un "airdrop" para recibir donaciones
Bitcoin Climbs to $45K Early Wednesday Before Quickly Retreating
2.3.2022
The crypto briefly touched a three-week high amid continued escalation in Ukraine, and as Fed Chairman Jay Powell promised a rate hike later this month
Federal Reserve Chairman Powell Sees Rate Hike This Month as 'Appropriate'
2.3.2022
The Fed chair said that wages are rising at the fastest pace in many years and that price increases are spreading to a broader range of goods and services
Bitcoin, Ethereum Technical Analysis: BTC Surge Stalls at Key Resistance Level
2.3.2022
Following Tuesday’s price surge, bitcoin was trading lower during today’s session, as markets hit a key resistance point. This comes as ETH was once again trading below the $3,000 level. As of writing, the crypto market cap is down 1.87%. Bitcoin BTC bulls ran into a stumbling block...
Crypto Market Cap Pushes Past $2T as Major Cryptos Surge
2.3.2022
Bitcoin’s recent rally to nearly $45K has pushed crypto’s market cap back up past $2 Trillion
Ukraine Says 'Airdrop Confirmed’ After Receiving $33M Crypto Donations
2.3.2022
It’s the first time a country will conduct an “airdrop” for donations
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets
2.3.2022
Company founder Ken Griffin has backtracked on his anti-crypto stance and wants his firm to offer digital assets to its clients this year
Putin Is Temporarily Banning Foreigners From Pulling Money Out of Russia
2.3.2022
The ban will reportedly go into effect on Wednesday
Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users
2.3.2022
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at how they can prevent the crypto markets from giving...
Bitcoin paints a clear ‘double bottom’ but ailing momentum could force a $34K retest
2.3.2022
BTC’s brief spike to $45K prompted some analysts to call a trend reversal, while others caution that a revisit to $34,000 is not out of the question
First Mover Asia: China’s Potential SWIFT Competitor CIPS Lacks Reach; Bitcoin, Ether Rise Again
2.3.2022
The Cross-Border Interbank Payment System has just 75 members and processes only a fraction of the transactions that SWIFT handles; most major cryptos jump even as the Russian invasion intensifies
Here’s a clever options strategy for cautiously optimistic Bitcoin traders
2.3.2022
Pro traders often use the risk reversal options strategy to hedge their bets and profit in the case of an unexpected rally
Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades
2.3.2022
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded...
Ukraine Adds to Fed Chair's List of Worries Before His Congressional Testimony
1.3.2022
Jerome Powell is facing questions from lawmakers on Wednesday and Thursday for his semiannual monetary policy update to U.S. lawmakers
Rune’s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally
1.3.2022
RUNE and its entire ecosystem is showing a few bullish signs, resulting in a 74% rally ahead of a long-awaited mainnet launch and recent integration with Terra
Market Wrap: Bitcoin Decouples From Stocks Ahead of Seasonally Weak March
1.3.2022
Bitcoin (BTC) could face a difficult March, according to historical data. Analysts expect macro and geopolitical risks to linger, which could keep volatility elevated. Downside appears limited, however, as the probability of positive returns rises over the next few months