‘Get ready’ for BTC volatility — 5 things to know in Bitcoin this week
Up or down, it is high time that Bitcoin made a significant move, market participants agree. Go to Source Powered by WPeMatico
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Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse … Read more
Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department of Financial Services (DFS), and the bank said it was … Read more
Crypto Markets Showing Bearish Momentum this Indigenous People Day
The global cryptocurrency market cap is down by 1.42% today, currently at $931 billion during this indigenous people’s day. After remaining relatively unchanged throughout the weekend, Bitcoin dropped below $20k, and Ethereum is struggling to stay above $1,300. The good news is that the trading volume is up significantly this Monday, with BTCUSD’s 24-hour volume … Read more
Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says
Alessio Rastani, a cryptocurrency analyst and trader, shares his outlook on crypto, stocks and the forex market for the next weeks. Go to Source Powered by WPeMatico
Pro traders don’t expect Bitcoin to break and hold $20,000 anytime soon
Bears have controlled BTC price by forcing 111 daily closes below $25,000 and derivatives data shows a reversal of this trend is highly unlikely. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Prices Show Signs of Life as Trading Volume Rises Significantly
After remaining flat over the weekend and exhibiting little price action, Bitcoin and Ethereum are showing signs of life today as trading volume for both crypto assets rises significantly. Bitcoin is trading at $19k, up 1% in the past 24 hours, with a 24-hour trading volume of $40.2 billion, up over 77% today. In comparison, … Read more
‘The bond market bubble has burst’ — 5 things to know in Bitcoin this week
A time tunnel to November 2020 opens on BTC price action as the U.S. dollar lays waste to currencies and equities alike. Go to Source Powered by WPeMatico
BTC and ETH Prices Struggle as Fed Interest Rate Hikes Obliterate Global Markets
After a brief bullish run and recovery on Thursday, Bitcoin and Ethereum prices continue to struggle with support. This week’s 0.75% Fed interest rate hikes created significant bearish momentum for global and crypto markets. It’s not surprising that crypto markets show little improvement this Friday as stocks opened in the red, with the Dow Jones … Read more
Roth IRAs: The ideal long-term cryptocurrency investment?
Considering investing in cryptocurrencies for the long run? Roth IRAs and other tax advantages investment vehicles are worth considering. Go to Source Powered by WPeMatico