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Bitcoin, Ethereum Technical Analysis: BTC Nears $25,000, Whilst ETH Hits $1,700
16.2.2023
Bitcoin moved significantly higher on Feb. 16, as the world’s largest cryptocurrency hit its strongest point since last August. Prices neared the $25,000 mark earlier in the day, following a breakout of a key resistance level. Several factors have contributed to the rally including strong...
Bridgewater CIO Warns of Deeper, Longer, and ‘Much More Painful’ Recession Than What We’re Accustomed To
13.2.2023
Bridgewater Associates’ co-chief investment officer has warned about a recession that is “much more difficult” and “much more painful” than what we’ve been accustomed to. “The dam has been broken where fiscal policymakers are now part of the story,”...
Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising
7.2.2023
The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5 ‘blue’ dollars (the informal exchange rate), is already being criticized...
Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes
18.1.2023
No change in central bank policy from Japan caused ruffled feathers in forex markets, but Bitcoin remains tied to a trading zone near two-month highs
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December
30.11.2022
Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3.11% to $860 billion, while the top four stock indexes jumped between 2% to 5% higher...
Bitcoin, Ethereum Technical Analysis: BTC Moves Above $17,000 on Wednesday
30.11.2022
Bitcoin moved to $17,000 on Wednesday, as markets continued to digest the U.S. consumer confidence report. Confidence amongst consumers fell to its lowest level since July, despite inflation easing in the world’s largest economy. Ethereum remained higher, edging closer to $1,300. Bitcoin...
Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’
10.10.2022
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank governor Tiff Macklem explained that “reasonably good harvests” will contribute...
Bitcoin Price Pumps as BOE Announces Quantitative Easing, DXY Drops
28.9.2022
In breaking news today, the Bank of England stated QE will be on 'whatever scale is necessary' and the Bitcoin price has now recovered above $19,500, up 3% in the past 24 hours.
It may be too early to call an end to the 2022 bear market, dubbed in media the 'crypto winter'.
Many market...
Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions
16.9.2022
Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’...
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
28.8.2022
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary...
Bitcoin, Ether Drop as Analysts Fear Fed Minutes Will Dash Hopes for 2023 Easing
17.8.2022
Risk assets recently rallied in hopes that inflation has peaked and the Fed would cut interest rates next year. The central bank's tightening cycle roiled cryptocurrencies early this year
Is Bitcoin really a hedge against inflation?
16.8.2022
Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin
Biggest Movers: SHIB Remains Close to 2-Month High, as BCH Extends Recent Gains
19.7.2022
Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba...
'Kwontitative easing' — BTC price hits $43K in UST as Terra empties $2.2B Bitcoin bag
10.5.2022
A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next
Bitcoin whale holdings at 7-month highs despite warnings of BTC price crash to $20K
29.4.2022
Bitcoin's correlation with stocks has risen to alarming levels, according to some market analysts
Ethereum price 'bullish triangle' puts 4-year highs vs. Bitcoin within reach
12.4.2022
ETH/BTC could reach 0.10 this year as the market anticipates Ethereum's proof-of-stake switch
First Mover Americas: Bitcoin Put Bias Returns; Wen Fed Easing?
11.4.2022
The latest moves in crypto markets in context for April 11, 2022
Why the rise of a Bitcoin standard could deter war-making
30.3.2022
If nation-states held their reserves in Bitcoin, instead of fiat, they would be less incentivized to go to war, says CSO at the Human Right Foundation, Alex Gladstein
Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry
21.3.2022
During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to make ends meet, while reports further indicate retirees and older folks with fixed incomes...
Bitcoin a 'good bet' if Fed continues easing to avoid a recession — analyst
3.3.2022
The statement appears as Jerome Powell keeps the door open for a 0.5% rate hike in the summer and Fitch Ratings warn about a major slash in the U.S. gross domestic product (GDP)