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‘FED sledgehammer’ will further batter BTC, ETH prices, says Bloomberg analyst
20.9.2022
With the Merge resulting in a ‘buy the rumor, sell the news event,’ Mike McGlone thinks that ETH might drop to “$1,000, or even get a bit lower" given how hawkish the Fed has been
Biggest Movers: ETC, UNI Slip to 2-Month Lows on Monday
19.9.2022
Ethereum classic fell to a two-month low to start the week, as prices in the cryptocurrency market continue to decline. Uniswap also slipped to a multi-month low on Monday, as the token hit its weakest level since July. As of writing, the global crypto market cap is down 5.08% Ethereum Classic...
Argentine Inflation Skyrockets to Almost 80% YoY as Crypto Adoption Grows
19.9.2022
Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam in terms of high inflation, with prices rising almost 8% during August, hitting the pockets...
Crypto Prices Are Crashing Because of What’s Coming on Wednesday
19.9.2022
The week is off with bulk of the cryptocurrency market trading in the red, which is largely attributed to the upcoming rate hike announcement from the U.S. Federal Reserve Bank.
According to a report by Yahoo Finance, Fed officials are expected to deliver a third-straight 75-basis-point increase...
Historical Bitcoin Price Trends Are Traditionally Bearish in September, While BTC Market Revivals Follow in October
17.9.2022
Half of September has passed and bitcoin traders are curious about where the price is headed next, as September is traditionally a bearish month for crypto prices. Furthermore, October is known to be a bullish month as bitcoin has been profitable in October more than 77% of the time. Data shows...
Bitcoin, Ethereum Technical Analysis: ETH Nears 2-Month Low, as Post-Merge Sell-Off Continues
17.9.2022
Ethereum continued to fall on Saturday, as the token’s post-Merge sell-off intensified to start the weekend. Prices of the world’s second largest cryptocurrency fell to their lowest level since July, as bearish sentiment in the market remained high. Bitcoin was also lower today, once...
Is the Biden Crypto Framework Bullish or Bearish for Crypto Prices?
17.9.2022
The administration of President Joe Biden has recently released a regulatory framework for digital assets, but key participants in the space do not believe it adequate.
A fact sheet describing the steps taken to regulate the cryptocurrency industry was made public by the White House on Friday....
Ethereum Merging, Crypto Prices Rising, South Korea Do Kwoning and 20 Crypto Jokes
17.9.2022
First things first, you all know the big news, let’s say it together: Ethereum went through The Merge! Speaking of which, check out why The Merge may create a huge centralization problem, why it matters for Ethereum’s health that Lido thrives as a censorship-resistant entity, what awaits the miners...
Xbox Boss Commits To Current Series S/X Console Prices, For Now
16.9.2022
Sony turned a few heads when it unexpectedly hiked prices on the PlayStation 5 in the second year of the current generation of consoles. Naturally, many wondered if the same complicated economic situations we all find ourselves in would see a spike in Xbox prices as well. In a recent interview with...
Biggest Movers: ATOM Moves Closer to 4-Month High, LINK Also Higher
16.9.2022
Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos...
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’...
Biggest Movers: LEO Hits 1-Week High, ATOM Rebounds From Recent Declines
15.9.2022
UNUS SED LEO rose to a one-week high on Thursday, as prices rebounded following a three-day losing streak. Another token which rebounded in today’s session was cosmos, which climbed higher following five straight days of declines. Overall, crypto markets are down 1.09% as of writing. UNUS...
Biggest Movers: ETC Trading Below $40.00 Ahead of Thursday’s Merge Event
14.9.2022
Ethereum classic rebounded on Wednesday, following three consecutive days of declines. The token dropped below $40.00 earlier this week, and continues to trade below this level ahead of tomorrow’s merge event. On the other hand, Solana remained lower, with prices falling by over 8% today....
Bitcoin, Ethereum Technical Analysis: BTC Drops by Over $2,000 in the Last 24 Hours
14.9.2022
Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by less than expected in the United States. Ethereum was also in the red, as the token dropped below $1,600....
US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’
13.9.2022
On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and market analysts believe the U.S. Federal Reserve will continue its aggressive rate hikes going forward....
Why Crypto Prices Are Becalmed Before the Coming Storm
13.9.2022
Although crypto assets are consolidating this week, the crypto space has had a very long month - coin prices have been finicky, with September beginning on a shaky note.
As more investors continue to observe, cautious optimism appears to be taking hold. Nonetheless, this week is expected to be...
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’
13.9.2022
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also...
Biggest Movers: SOL, Near Protocol up by Over 10% to Start the Week
12.9.2022
Solana moved closer to the $40.00 mark on Monday, as it rose for a sixth straight session to start the week. Bullish momentum in the world’s ninth largest cryptocurrency intensified, following a breakout of a resistance point of $36.35. Near protocol was also in the green, as prices rose...
Current Block Times Suggest Bitcoin’s Halving Is Coming Sooner Than Expected
12.9.2022
Bitcoin’s hashrate has been running hot despite the lower prices and the recent difficulty increases. In fact, blocks are being discovered faster than the ten-minute block interval average and because of this factor, the network’s reward halving may come sooner than expected. While...
Why Terra Luna and Terra Classic Prices are Down Today - Can LUNA and LUNC Bounce Back?
12.9.2022
The survival of the Terra ecosystem has been one of the most intriguing developments in the cryptocurrency market this year. Despite being nearly obliterated due to the market downturn and eventual depegging of the UST stablecoin, Terra Classic (LUNC) and Terra Luna (LUNA) have been putting up...