XRP price rally stalls near key level that last time triggered a 65% crash
Macro risks and a long-term bearish setup continue to spoil XRP’s bullish prospects. Go to Source Powered by WPeMatico
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Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday, the Russian ruble rose to 55.47 per dollar, which was the highest increase since 2015. While many have dismissed the ruble’s exchange rate, Charles Lichfield, … Read more
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years. Go to Source Powered by WPeMatico
Old Bitcoin mining rigs risk ‘shutdown’ after BTC price slips under $24K
New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%. Go to Source Powered by WPeMatico
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
Global financial markets and crypto sold-off after today’s 8.6% CPI print showed inflation remains a persistent challenge. Go to Source Powered by WPeMatico
American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency
Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat currency decline in value, but Russia’s ruble has done the exact opposite. Russia’s Ruble Outshines … Read more
CeFi interest on the wane: Will BlockFi, Ledn and Nexo rates trend lower?
Cointelegraph spoke to CeFi leaders to understand where interest rates are going and what the future holds for CeFi. Go to Source Powered by WPeMatico
‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week
A bullish reversal into the new week rapidly gains attention but sober analysts predict that this is just another relief bounce. Go to Source Powered by WPeMatico
Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates
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
Dollar Cost Averaging or Lump-sum: Which Bitcoin strategy works best regardless of price?
A dollar invested into Bitcoin every month since December 2017 has provided investors a cumulative return of $160. Go to Source Powered by WPeMatico