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Traders expect an uptick in volatility due to the possibility of September’s $2.2 billion options expiry putting pressure on BTC price near a critical support level. Go to Source Powered by WPeMatico
Multiple indicators of economic health all point to a severe recession hitting the US and global economy soon. What could this mean for crypto investors? Go to Source Powered by WPeMatico
Bitcoin and altcoins appear to be ignoring the headline of the U.S. dollar index soaring to a 20-year high as the British pound plummets to a record-low against DXY. Go to Source Powered by WPeMatico
The U.S. dollar has been the clear winner as investors seek shelter in the largest global economy, but could the British pound’s weakness be a positive for Bitcoin. Go to Source Powered by WPeMatico
Precious metals markets continue to flounder this week as gold’s value per troy ounce has slid by 6.53% in value against the U.S. dollar during the last month, while silver has shed 2.34% in 30 days. Amid the raging inflation worldwide and the hawkish central banks, gold and silver prices have struggled in 2022 and … Read more
Large financial institutions are getting involved in digital assets by investing capital, time and effort into custody technology solutions. Go to Source Powered by WPeMatico
If Bitcoin price stabilizes and begins to consolidate, these five altcoins could see strong upside. Go to Source Powered by WPeMatico
Following the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a bandage on the financial wounds inflicted by Mainstreet business shutdowns and deadlocked supply chains. In fact, after the pandemic, America’s housing market boomed … Read more
The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week. Go to Source Powered by WPeMatico
On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six … Read more