Why September is shaping up to be a potentially ugly month for Bitcoin price
Bitcoin has closed its previous five months of September in losses and could suffer similar pains if history repeats. Go to Source Powered by WPeMatico
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Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst
As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg. Go to Source Powered by WPeMatico
Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue … Read more
Is Cardano ready for a go at $1? June’s hard fork FOMO lifts ADA price to weekly highs
Cardano’s previous hard forks sparked massive ADA price rallies. Will this time be different? Go to Source Powered by WPeMatico
Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests
Institutions that reportedly purchased 10,939 BTC from Coinbase in December 2020 are not selling yet. Go to Source Powered by WPeMatico
$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus
The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether’s exposure to the U.S. credit system. Go to Source Powered by WPeMatico
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days, and major stock market … Read more
Indian central securities depository to back up its monitoring of bonds by blockchain
In the future, India’s NDSL and the Securities Board division will welcome other entities to join the decentralized network. Go to Source Powered by WPeMatico
US dollar strength mimics 2020 Coronavirus crash — 5 things to know in Bitcoin this week
USD runs the show behind the scenes as the Easter weekend sparks pain for Bitcoin bulls. Go to Source Powered by WPeMatico
Altcoin Roundup: Analysts give their take on the impact of the Ethereum Merge delay
The wait for the long-awaited Ethereum Merge just got longer, leading analysts to discuss potential price outcomes for Ether. Go to Source Powered by WPeMatico