Ethereum analyst warns of ‘clean fakeout’ despite 30% ETH price rebound
One of Ether’s on-chain indicators signals the token has entered its bottoming out phase. Go to Source Powered by WPeMatico
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$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review
It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been no shortage of spicy debate … Read more
Ethereum risks another 60% drop after breaking below $1K to 18-month lows
A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks. Go to Source Powered by WPeMatico
Stablecoins highlight ‘structural fragilities’ of crypto — Federal Reserve
“Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards create risks to investors,” said the Fed report. Go to Source Powered by WPeMatico
Ethereum sell-off resumes with ETH price risking another 25% decline in June
Ether price is forming a bear pennant pattern whose profit target comes to be near $850. Go to Source Powered by WPeMatico
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by 75 bps, Global Markets See Slight Rebound … Read more
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years. Go to Source Powered by WPeMatico
Bitcoin bounces 8% from lows amid warning BTC price bottom ‘shouldn’t be like that’
Hodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping. Go to Source Powered by WPeMatico
Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375?
ETH’s latest plunge could bring more pain despite expectations that $1,200 should hold. Go to Source Powered by WPeMatico
JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in a 95% chance that the … Read more
