Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
Ether could continue dropping against the U.S. dollar in a high interest-rate environment. Go to Source Powered by WPeMatico
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Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to protect the nation’s currency as the Bank of Russia revealed a fixed price for gold and rubles. Furthermore, after pegging the fiat currency to gold, … Read more
Avalanche price can double by summer as AVAX’s 20% weekly rally rekindles ‘bull flag’
But a near-perfect correlation between Avalanche and Bitcoin so far this year could spoil the bullish outlook. Go to Source Powered by WPeMatico
IMF Warns Ongoing War in Europe Will Have a ‘Severe Impact on the Global Economy’
In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a “severe impact on the global economy.” The IMF’s report says there is “extraordinary uncertainty” in the air, and the international financial institution believes “economic consequences are already very serious.” IMF’s … Read more
Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’
A recent report from Pantera Capital said moves in the debt market and the Fed’s shifting monetary policy could be the fodder that fuels Bitcoin’s next monster rally. Go to Source Powered by WPeMatico
Bitcoin ‘whales’ and ‘fishes’ pause accumulation as markets weigh March 50bps hike odds
If Bitcoin benefited from quantitative easing, will it be hurt by quantitative tightening? Go to Source Powered by WPeMatico
Bitcoin price is ‘likely starting the next push up’ if $42K holds as support
Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine. Go to Source Powered by WPeMatico
Bitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’
On-chain metrics detect strong “sophisticated passive buying” on spot exchanges and a rise in the movements of Bitcoin to whale wallets. Go to Source Powered by WPeMatico
Can Ethereum price reach $4K after a triple-support bounce?
A combination of multiple support levels, including a 21-month exponential moving average, helped ETH price rebound by nearly 30% from its local bottom. Go to Source Powered by WPeMatico
Bitcoin ‘gives back gains’ after Fed comments ‘add downside risks’ to crypto markets
Analysts foresee prolonged weakness in BTC and altcoins following hawkish comments from the Federal Reserve. Go to Source Powered by WPeMatico