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Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test for cryptocurrencies. Go to Source Powered by WPeMatico
A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support. Go to Source Powered by WPeMatico
Risk assets take a major blow as Fed Chair Jerome Powell stays firmly hawkish on inflation and monetary policy. Go to Source Powered by WPeMatico
Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action. Go to Source Powered by WPeMatico
One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023. Go to Source Powered by WPeMatico
Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services. Go to Source Powered by WPeMatico
Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued. Go to Source Powered by WPeMatico
The cryptocurrency market remains relatively flat this Tuesday. Bitcoin and Ethereum prices have shown little changes in the past 24 hours. After dropping to the $21k range last week, the BTC price manages to hold support. The increase in trading volume suggests that the market could be preparing for its next move and pushing the … Read more
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since March 2020, according to … Read more
After trading at the $24k range for several weeks, Bitcoin prices fell last week as support levels failed. Bitcoin price has found a new range in the $21k area and managed to hold it through the weekend. Cryptocurrency markets remain flat this Monday, with little change in 24-hour trading volume for Bitcoin, Ethereum, and other … Read more
