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Bitcoin Better at Tackling Rate Hikes than Ethereum, Stocks - Report
17.6.2022
Bitcoin (BTC) is the best asset to “moderate the economic impact” of major interest rate announcements, according to a new report from Babel Finance, a crypto-financial services provider.
The report, written by Babel Finance analysts Robbie Liu and Yuanming Qiu, arrived at its conclusions...
Bitcoin Recovers Over $21K as Fed Commits to Slow Inflation; Traders Remain Cautious
17.6.2022
Fed Chair Jerome Powell said the agency remained committed to bringing down inflation and hiked interest rates by 75 basis points this week
Resistance is futile! 3 reasons why Bitcoin mining will never go away
16.6.2022
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done
Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike
16.6.2022
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year high of 8.6% last month, the Fed responded by hiking rates by 0.75%. ETH was also marginally higher today. Bitcoin BTC...
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
15.6.2022
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by...
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
15.6.2022
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years
Bitcoin bounces 8% from lows amid warning BTC price bottom 'shouldn't be like that'
15.6.2022
Hodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping
Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower Ahead of Federal Reserve Rate Decision
15.6.2022
ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the FOMC will opt to hike interest rates today, as inflation continues to peak. BTC was also lower, hovering slightly above $20,000. Bitcoin BTC was hovering...
First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos Struggle
15.6.2022
The largest digital asset by market cap could dip below $20,000 in the near future and is unlikely to rebound until macroeconomic conditions improve
BTC price crashes to $20.8K as 'deadly' candles liquidate $1.2 billion
14.6.2022
Carnage for short-term traders and speculators as volatility destroys both long and short positions on the way to $20,000
Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments
14.6.2022
Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’...
JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed
14.6.2022
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in...
Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week
13.6.2022
Bitcoin sheds 12% in 24 hours as a fresh altcoin meltdown combines with macro pressures to offer nothing but misery for hodlers
First Mover Asia: Bitcoin Tumbles Below $27K Amid Ongoing Inflation Concerns
13.6.2022
Ether and other major altcoins underperform BTC as investors continue to steer away from riskier assets; is there a case for inflation?
Ethereum price enters 'oversold' zone for the first time since November 2018
12.6.2022
Ether's price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different?
This Is Why Fed Might Attack Inflation More Aggressively
12.6.2022
Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury._______
Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate increases to slow it down. While there’s concern it could cause unemployment...
The total crypto market cap drops under $1.2T, but data show traders are less inclined to sell
11.6.2022
An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making
Axie Infinity: AXS price risks deeper losses despite 90% drawdown already
11.6.2022
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
11.6.2022
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year...
Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets
11.6.2022
BTC price action needs to reclaim the $29,500 mark to avoid resuming its pattern of lower lows on the weekly chart