Bookmarking Crypto Insights
DIGIT Panic selling crushes the entire crypto market, sending Bitcoin price to $30,000 for the first time since February, but data shows BTC whales bought the dip. Go to Source Powered by WPeMatico
Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of the Federal Reserve Bank of St. Louis. Crypto Sell-off Does Not Change Fed Policy Two Federal Reserve … Read more
Regulatory concerns, a bit of FUD and the uncertainties surrounding Tether appear to have exaggerated the Bitcoin price sell-off but derivatives data suggest that the bottom is likely in. Go to Source Powered by WPeMatico
The crypto bull market of early 2021 was a boon to Ledger’s top line. The company is looking to fill hundreds of positions as it expands its business operations. Go to Source Powered by WPeMatico
Wells Fargo will soon offer “a professionally managed solution” for cryptocurrency to clients. “We think the cryptocurrency space has just kind of hit an evolution and maturation of its development that allows it now to be a viable investable asset,” said the president of Wells Fargo Investment Institute. Wells Fargo Getting Into Crypto Darrell Cronk, … Read more
The investment bank is ready to give crypto a chance, after declaring that it had matured and evolved of late. Go to Source Powered by WPeMatico
JPMorgan still sees a $140,000 Bitcoin price as a long-term theoretical target. Go to Source Powered by WPeMatico
Digital currency markets have shed billions in value over the past week and during the market carnage, bitcoin haters have come out in flocks. Moreover, according to numerous crypto skeptics, bitcoin has officially died 21 times this year and this week’s downturn is sure to provide another eulogy. Bitcoin Haters Step Out to Troll Crypto … Read more
Bitcoin slipped below the 20-week exponential moving average for the first time since February 2020, which is a big bearish signal. Go to Source Powered by WPeMatico
A “key level” comes into play as Bitcoin challenges longer-term support lines and deals a major blow to long positions. Go to Source Powered by WPeMatico
