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Bitcoin Price Prediction as US Fed Interest Rate Decision is Announced – Can BTC Pump Up 50% This Week?
15.12.2022
Following the release of the Fed rate hike decision, which is strengthening the US dollar and eventually causing a drop in BTC price, Bitcoin price prediction has turned bearish. Bitcoin price reached a high of $18,400 before a negative reaction. Now, BTC is trading close to a crucial support...
Some Links on AI-Related Stuff
14.12.2022
Every so often, I find that the links I save to read later fall into natural groups or patterns that reveal common threads of interest. The past couple of weeks have produced a lot of thoughts about ChatGPT, an …
Some Links on AI-Related Stuff originally published on CSS-Tricks, which...
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Higher Ahead of Fed Rate Decision
14.12.2022
Bitcoin continues to trade close to $18,000 on Wednesday, as markets remain bullish, following the latest U.S. inflation report. Following the data, which saw consumer prices rise to 7.1%, many expect the Federal Reserve to increase interest rates by 50 basis points. Ethereum was also higher today...
Citi Says Crypto Market Leverage, Open Interest Are Historically Low
14.12.2022
The bank expects a broader focus on decentralization in 2023 following this year’s failings in centralized crypto ventures
'Biggest week of the year' — 5 things to know in Bitcoin this week
12.12.2022
Bitcoin price action, sideways since FTX, could see snap volatility thanks to the "most important" CPI print of the year
Balaji Srinivasan Says FTX Is a Preview of State Failure, USD Bank Accounts Could Be Frozen or Inflated to Worthlessness
12.12.2022
Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S. dollar bank accounts “may be frozen or inflated to worthlessness,” emphasizing that the authorities “will show...
Oryen Network shows DeFi interest still alive after large volume of BUSD and USDC come in for presale tokens
11.12.2022
As the widespread adoption of cryptocurrency tokens soars, other strong contenders using different technologies are making their way into the crypto ring. One of the most notable crypto projects today is Oryen (ORY). Oryen’s presale success has shown that there is still lots of DeFi interest...
Elon Musk: Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week
11.12.2022
Billionaire Elon Musk, the CEO of Tesla and Spacex, has warned that the recession will be “greatly amplified” if the Federal Reserve raises interest rates again next week. He added that things will “probably start looking better” in the second quarter of 2024. Tesla CEO Elon...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
10.12.2022
Bitcoin started the weekend trading above $17,000, as traders prepare for next week’s U.S. Federal Reserve interest decision. Markets now expect that the Fed could continue hiking rates, following a higher than expected increase in producer prices. Ethereum mainly consolidated on Saturday...
Australian CBDC receives unexpected interest but could hurt banks: RBA
8.12.2022
The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry
Ethereum 'March 2020' fractal hints at price bottom — But ETH bears predict 50% crash
6.12.2022
Ethereum market analysts desperately search for the bottom but ETH price technicals aren't excluding further downside below $700
Bitcoin sees worst monthly close in 2 years as traders watch $16.7K
1.12.2022
BTC price action strengthens into the November monthly candle close, but traders are already warning over getting too "cocky" on Bitcoin
Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately
1.12.2022
Tesla CEO and Twitter boss Elon Musk has warned of a severe recession in the U.S. The billionaire stressed that the Federal Reserve needs to cut interest rates “immediately,” emphasizing that the Fed is “massively amplifying the probability of a severe recession.” Elon Musk...
200% price increase of Oryen Network during its ICO kindles interest in MATIC, SHIB, and FTM Whales
29.11.2022
Cryptocurrencies have the potential to revolutionize how we interact with the digital world, provide a more secure and efficient way of conducting transactions, and uplift the way we store and use data. Some crypto projects show high promise to provide real-world solutions to problems and have...
More Than “Slapping Paint on a Website”
29.11.2022
I’m a sucker for anything about front-end job titles.
Anselm Hannemann:
CSS evolved and we’re beyond the point where everyone can just do it as a side interest. We all can learn it and build amazing stuff with it,
…
More Than “Slapping Paint on a Website” originally...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy
24.11.2022
Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged...
Elon Musk Slams Semafor’s ‘Journalistic Integrity’ — Tesla Exec Says ‘Semafor Is Owned’ by FTX Co-Founder Sam Bankman-Fried
23.11.2022
Following the significant amount of criticism directed at mainstream media publications for a lack of journalistic integrity while reporting on FTX executives, Tesla’s executive Elon Musk called out the news website Semafor because the former FTX CEO Sam Bankman-Fried (SBF) was a lead investor....
From Fine Art to Bored Apes and Punks: Blue Chip NFTs Owned by Celebs Lose Significant Value
22.11.2022
During the week of Jan. 30 to Feb. 5, 2022, the search term “NFT” had a Google Trends (GT) score of 90 and today the GT score has dropped a great deal down to a score of 12. Not only has interest declined, but blue chip non-fungible tokens (NFTs) don’t hold the value they once...
Report: 950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed
19.11.2022
At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law firm has reportedly said. FTX users in Taiwan were reportedly investing in interest-bearing digital assets using cheap funds borrowed from...