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The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender status. A few members of the IMF’s board said the country’s decision to leverage bitcoin within its financial system could pose risks. IMF Report Attempts […]Powered by WPeMatico
Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by as much as 10%. Overall the global crypto market cap was over 6% higher from yesterday’s session. Bitcoin Bitcoin, which fell to an intraday low of $33,184.06 during yesterday’s session, was up close to 9% as of writing, […]Powered by WPeMatico
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear the hawkish Federal Reserve will tighten markets too fast after the […]Powered by WPeMatico
Bulls lift the market higher on the back of a stocks resurgence, but the specter of the Fed is on the horizon.
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Sven Henrich, CEO of NorthmanTrader, is the latest Bitcoin supporter after speaking with Michael Saylor.
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Old whales may have offloaded last year, but demand for BTC shows no sign of disappearing, the latest data reveals.
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Nearly $14 million has been returned to BTC institutional funds over the past week, but Ethereum-based products are still seeing major outflows.
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BTC price took an unexpected bearish turn in January, but are there any catalysts that could support a run to $100,000 in 2022?
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Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. […]Powered by WPeMatico
Bitcoin and most altcoins have fallen to key support levels, but the current trading setup suggests traders lack the confidence to chase after an oversold bounce.
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