ETH derivatives show pro traders are worried about Ethereum’s $2.5K support
Ether’s price has been sideways for 27 days, but pro traders are not confident about the $2,500 support, according to derivatives. Go to Source Powered by WPeMatico
Inflation
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Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases
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
Bitcoin bulls to defend $40K leading into Friday’s $760M options expiry
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
Bitcoin risks final ‘bear market capitulation’ as rich investors continue BTC selloff — analyst
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 fails to crack $39K on Wall Street open as markets await Fed inflation decision
Bitcoin price action begins to show signs of instability as $39,000 provides near-term resistance. Go to Source Powered by WPeMatico
How professional Ethereum traders place bullish ETH price bets while limiting losses
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
Crypto vs. physical: Musk-Saylor inflation debate boils down to scarcity
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
Cryptocurrencies against the ‘silent thief.’ Can Bitcoin protect capital from inflation?
Rising inflation forces investors to look for defensive assets. What can the cryptocurrency market offer them? Go to Source Powered by WPeMatico
Crypto education can bring financial empowerment to Latin Americans
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
Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen
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