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Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles Evans explained on Tuesday that the central bank would likely keep up the larger than usual rate hikes until inflation is remedied. The Fed Is … Read more
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets. Go to Source Powered by WPeMatico
The Fed keeps markets on their toes while Bitcoin price action manages to inch higher prior to the Wall Street open. Go to Source Powered by WPeMatico
SOL’s bear flag setup sees its price declining to $21 by September 2022. Go to Source Powered by WPeMatico
The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients’ funds to invest in illiquid products. Go to Source Powered by WPeMatico
BTC on-chain metrics and technical indicators are trading near historical bottoms, but analysts say a new “macro catalyst” could prove the current range is not the bottom. Go to Source Powered by WPeMatico
Crypto bear markets are rough, but there are five moonshot events that could turn the ship around. Go to Source Powered by WPeMatico
Bitcoin’s price chart has a target of $28,000 based on a classic, bullish technical pattern. Go to Source Powered by WPeMatico
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used to acquire Blockfi at a variable price up … Read more
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin. Go to Source Powered by WPeMatico
