Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level
Mounting concerns about the state of the global economy and traders’ risk-off sentiment continue to weigh on Bitcoin price. Go to Source Powered by WPeMatico
Dollar
Auto Added by WPeMatico
Bitcoin climbs above $41K on Wall Street open as gold dives, dollar cements highs
Bitcoin carves out its own trajectory as Wall Street trading gets underway in the first session after Easter. Go to Source Powered by WPeMatico
ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus two weeks ago, Lagarde stressed on Thursday that … Read more
Ethereum price ‘bullish triangle’ puts 4-year highs vs. Bitcoin within reach
ETH/BTC could reach 0.10 this year as the market anticipates Ethereum’s proof-of-stake switch. Go to Source Powered by WPeMatico
IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system, the top representative warned. New Currency Blocs May Emerge Amid Mounting Restrictions on … Read more
Russia May Accept Bitcoin for Gas Exports, Lawmaker Says
Russia is moving away from the dollar and the euro as payment options for its energy exports, and bitcoin has been mentioned as a possible substitute alongside the ruble and the national currencies of partnering countries. A high-ranking parliamentarian has indicated that Moscow may take cryptocurrency for natural gas and other resources. Russian Official Mentions … Read more
US exceptionalism could be tested as digital assets find footing worldwide — Sheila Warren
“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head elsewhere,” said Sheila Warren. Go to Source Powered by WPeMatico
Terra off to new record high as LUNA price outperforms market with 30% rebound in 3 days
The total value locked inside the Terra blockchain system has reached an all-time high of nearly $26 billion. Go to Source Powered by WPeMatico
Bitcoin price holds key support level — Can BTC rebound to $43K next?
Relief rally hopes rise as BTC price remains stuck inside the $34,000–$45,000 range. Go to Source Powered by WPeMatico
3 reasons why Bitcoin can rally back to $60K despite erasing last week’s gains
Several technical and on-chain indicators are flashing bullish despite the BTC price pullback below $40,000. Go to Source Powered by WPeMatico