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On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage and further noted the Fed anticipates … Read more
BTC price struggles to sustain $40,000, but Friday’s options expiry might give bulls the $160 million profit needed to keep the positive momentum. Go to Source Powered by WPeMatico
But more inexperienced investors have been choosing to become long-term Bitcoin holders, limiting sell-side risks below $30,000. Go to Source Powered by WPeMatico
Bitcoin price action begins to show signs of instability as $39,000 provides near-term resistance. Go to Source Powered by WPeMatico
Traders who believe ETH will recover but unlikely surpass $3,800 ahead of May can benefit from the skewed iron condor strategy. Go to Source Powered by WPeMatico
Musk acknowledged that assets that are predominantly scarce — such as physical property and company stocks — help investors in maintaining their purchasing power against high inflations. Go to Source Powered by WPeMatico
Rising inflation forces investors to look for defensive assets. What can the cryptocurrency market offer them? Go to Source Powered by WPeMatico
Crypto education could be key to promoting financial empowerment and increasing mass adoption across Latin America — if we do it right. Go to Source Powered by WPeMatico
BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments. Go to Source Powered by WPeMatico
Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming the inflation spike on Russia’s invasion, as he … Read more
