3 reasons why Bitcoin traders should be bullish on BTC
Timing the market bottom is impossible, but several technical and on-chain indicators suggest that it’s time to start accumulating Bitcoin. Go to Source Powered by WPeMatico
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Cato Institute CEO says his daughter married the ‘Bitcoin Sign Guy’ from 2017 hearing
Jerome Powell said that he also had “close family members” who argued that crypto was still in the development phase, suggesting Bitcoin proponents may be close to home. Go to Source Powered by WPeMatico
US Fed vice chair Michael Barr favors hard line on crypto, OCC acting head no friendlier
Barr, a former Ripple Labs adviser, has taken a rather less favorable view of crypto than he apparently had in the private sector, as he gives his first speech as a Fed official. Go to Source Powered by WPeMatico
Cardano (ADA) eyes 15% rally despite Charles Hoskinson’s fear over ‘macro factors’
Cardano’s Vasil update is expected to be a bullish event, but macro fears are strongly countering the upside bias. Go to Source Powered by WPeMatico
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%. Gold’s nominal U.S. dollar value per troy ounce slipped by 0.50%, … Read more
Bitcoin ‘bear flag’ breakdown targets $15K as US dollar hits 20-year high
BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022. Go to Source Powered by WPeMatico
What does the Fed’s fight against inflation mean for crypto? Macro analyst explains
Macro analyst Lyn Alden explains why the Fed’s efforts to curb inflation may take longer than expected and how they will impact the crypto markets. Go to Source Powered by WPeMatico
The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price
$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price. Go to Source Powered by WPeMatico
Surge or purge? Why the Merge may not save Ethereum price from ‘Septembear’
Options data, macroeconomic catalysts and technical signals suggest a decline in Ethereum price is on the table despite the Merge. Go to Source Powered by WPeMatico
Gold and Silver Markets Shudder, Analysts Say Firm Dollar and Rate Hikes May Drag Precious Metal Markets Lower
Precious metal markets have shuddered during the last few weeks, as gold’s price per ounce nears a six-week low hovering just under $1,700 per unit. Silver crashed through the $18 range slipping to $17.80 per ounce. While both gold and silver dipped between 0.85% to 0.89% against the U.S. dollar in 24 hours, platinum dropped … Read more
