Bitcoin analysts give three reasons why BTC price below $20K may be a ‘bear trap’
A set of technical indicators see Bitcoin price ending its prevailing bearish cycle. Go to Source Powered by WPeMatico
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Harris Poll Report Finds That 71% of Crypto Investors Are Confident They Will Become Billionaires
A new survey conducted by Harris Poll has found that most cryptocurrency investors in America feel they have the necessary tools to become billionaires in the future. The survey, which inquired about how Americans see billionaires, also revealed that this sentiment is higher amongst millennials and Gen Zers, with other groups falling behind Crypto Still … Read more
The market isn’t surging anytime soon — so get used to dark times
Global economic conditions suggest that markets — including the cryptocurrency market — have further downside ahead. Don’t bank on a surge to new all-time highs in the months ahead. Go to Source Powered by WPeMatico
Price analysis 9/19: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Uncertainty over the Federal Reserve’s upcoming rate hike is keeping Bitcoin and altcoins under pressure. This could change if the expected 0.75% bps hike is selected. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Month Lows to Start the Week
On Monday, bitcoin fell to its lowest level since June, as sentiment in cryptocurrency markets remains bearish. The token has fallen lower in consecutive sessions following last week’s U.S. inflation report, and the fall comes ahead of the upcoming U.S. Federal Open Market Committee meeting. Ethereum was also down, hitting a multi-month low of its … Read more
Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high
On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2022. Go to Source Powered by WPeMatico
Argentine Inflation Skyrockets to Almost 80% YoY as Crypto Adoption Grows
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 of Argentines. According to a survey by Bitso, this has caused … Read more
Biggest Fed rate hike in 40 years? 5 things to know in Bitcoin this week
The Fed prepares an inflation move that could act as a “sledgehammer” for crypto and risk assets. Go to Source Powered by WPeMatico
Report: Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities
According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research crypto-mining opportunities that could be added to the council’s economic development portfolio. … Read more
Here is why a 0.75% Fed rate hike could be bullish for Bitcoin and altcoins
The Federal Reserve is set to raise interest rates this week. Here’s why traders expect a 0.75% hike to trigger a crypto market rally. Go to Source Powered by WPeMatico