Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?
ETH/BTC rallies to test its ‘ascending triangle’ pattern for a bullish breakout. Go to Source Powered by WPeMatico
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Monero avoids crypto market rout, but XMR price still risks 20% drop by June
XMR’s bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month. Go to Source Powered by WPeMatico
Crypto Biz: The real reason crypto hodlers should care about the Federal Reserve, April 28-May 4, 2022
On May 4, the FOMC voted to raise interest rates by 50 basis points. Here’s why Bitcoin investors need to care about central bank policy. Go to Source Powered by WPeMatico
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession that followed the 2008 Financial … Read more
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point rate hike on Wednesday. Greenback Climbs Higher Amid Economic Uncertainty … Read more
Bitcoin price heads under $36K as three-day losses near 12%
More pain for both crypto and stocks on May 6 as traders see no hint of a relief rally coming so far. Go to Source Powered by WPeMatico
Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
Ether could continue dropping against the U.S. dollar in a high interest-rate environment. Go to Source Powered by WPeMatico
Bitcoin’s rocky road to becoming a risk-off asset: analysts investigate
Bitcoin has long been known as a “store of value,” but is the world’s largest cryptocurrency transitioning to becoming a risk-off asset in 2022? Go to Source Powered by WPeMatico
‘Someone is blowing up’ — Bitcoin sees 2022 volume record amid hopes capitulation is over
Does Bitcoin have further to fall? BTC calms after stocks see a situation which has happened only twice this century. Go to Source Powered by WPeMatico
DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem
But the token still risks falling by more than 30% based on a classic bearish continuation setup. Go to Source Powered by WPeMatico