Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage

Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the AdvantageTen days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues to hover at these lows, with many traders […]

Go to Source

Powered by WPeMatico

Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%

Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded heavy losses this year is the blockchain oracles […]

Go to Source

Powered by WPeMatico