BTC price breakout due ‘relatively soon’ as Bitcoin volumes spook traders
Low transaction activity is gathering importance as analysts forecast volatility returning. Go to Source Powered by WPeMatico
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Low transaction activity is gathering importance as analysts forecast volatility returning. Go to Source Powered by WPeMatico
Strong euro and overbought readings could pressure the dollar further, showing signs of topping out—Bitcoin at risk of falling. Go to Source Powered by WPeMatico
Sideways crypto price action persists as the Federal Reserve confirms its plan to continue raising interest rates, but analysts spot a silver lining. Go to Source Powered by WPeMatico
The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil’s national currency. Go to Source Powered by WPeMatico
Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes “inflation is out of control.” The investor thinks that if the Federal Reserve “doesn’t do its job” by applying “aggressive monetary tightening,” the U.S. economy could collapse. Pershing Square Founder Bill Ackman Thinks ‘Inflation Is out of Control’ While the headlines … Read more
On-chain indicators focusing on Bitcoin’s fair valuation and long-term holders’ sentiment also raise its prospects of bottoming out. Go to Source Powered by WPeMatico
The Federal Reserve’s steady interest rate hikes have put stocks and crypto into bear market territory, but analysts worry about what happens if inflation still remains out of the “target range.” Go to Source Powered by WPeMatico
With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder assets. Recently, European Central Bank president Christine Lagarde went so far as to say that cryptocurrency is “worth nothing.” According to Lagarde, crypto has “no … Read more
A dollar invested into Bitcoin every month since December 2017 has provided investors a cumulative return of $160. Go to Source Powered by WPeMatico
As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents say inflation on everyday items has driven … Read more