Bookmarking Crypto Insights
Auto Added by WPeMatico
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 relatively good times could continue next month, one prediction says after July manages to reverse the worst of the 2022 crypto downturn. Go to Source Powered by WPeMatico
BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap. Go to Source Powered by WPeMatico
Coinbase, the U.S.-based cryptocurrency exchange, is reportedly facing a probe from the Securities and Exchange Commission (SEC) over the listing of several crypto assets on its platform. The investigation, according to three people with ostensible knowledge of the matter, is examining whether the exchange has been listing assets that can be classified as unregistered securities. … Read more
BTC bulls aim to secure a $235 million profit from Friday’s BTC options expiry, but a downside move below $22,000 could nix this plan. Go to Source Powered by WPeMatico
COIN stock can rally to $160 by the end of the year, a mix of technical and fundamental indicators suggest. Go to Source Powered by WPeMatico
Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO and BTF have followed bitcoin’s spot market losses, as the bitcoin ETFs … Read more
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well. Go to Source Powered by WPeMatico
BTC/USD falls $1,000 while spot gold gives up 2% as USD strength intensifies, beating the year’s previous peaks. Go to Source Powered by WPeMatico
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin. Go to Source Powered by WPeMatico