Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market
Ethereum lost roughly 13.50% versus Bitcoin’s 9% decline in the past 24 hours. Go to Source Powered by WPeMatico
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Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates
Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control. Go to Source Powered by WPeMatico
President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report
The U.S. president has not officially announced his nominations to fill the vacancies at the Federal Reserve, but two of his picks for CFTC commissioners as well as his choices to lead the Fed are moving to the Senate for confirmation. Go to Source Powered by WPeMatico
Bitcoin’s Price Will Hit $100K by Mid-Year, Nexo Founder Predicts
The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni Trenchev, the co-founder and managing partner of Nexo, … Read more
3 reasons why Ethereum can reach $5,000 in Q1
A mix of technical, macroeconomic, and on-chain indicators point toward a price rally in the Ethereum market this quarter. Go to Source Powered by WPeMatico
New year, same ‘extreme fear’ — 5 things to watch in Bitcoin this week
Could Bitcoin be any less interesting for the average hodler? The remarkable split between BTC price action and network fundamentals continues into 2022. Go to Source Powered by WPeMatico
Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has become the new gold for the millennials. Finance Professor on Bitcoin and Inflation Wharton’s finance professor Jeremy Siegel shared his outlook … Read more
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
But concerns remain that the cryptocurrency would fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve’s increasingly hawkish tones. Go to Source Powered by WPeMatico
Bitcoin rises above $51K as the dollar flexes muscles against the euro
Bitcoin regained its bullish bias after reclaiming $50,000 ahead of the yearly close, even its safe-haven rival, the U.S dollar, signaled continued upside strength in the coming sessions. Go to Source Powered by WPeMatico
Crypto Biz: All I want for Christmas is Bitcoin, Dec. 9–16
As the Federal Reserve keeps inflating asset bubbles this holiday season, gifting your loved ones some BTC doesn’t sound like a bad idea. Go to Source Powered by WPeMatico