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Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday, the crypto economy slid under the $2 trillion mark and gold prices dropped … Read more
It’s looking like a dismal end to the week for both crypto and equities alike with losses increasing. Go to Source Powered by WPeMatico
Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support. Go to Source Powered by WPeMatico
USD runs the show behind the scenes as the Easter weekend sparks pain for Bitcoin bulls. Go to Source Powered by WPeMatico
Macro, technicals, and uncertainties concerning Terra’s LUNA-burning mechanism could push price further down in April. Go to Source Powered by WPeMatico
Can anything save Bitcoin from a stocks-driven meltdown? Not everyone is bearish this week. Go to Source Powered by WPeMatico
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA Strategist Notes inflation Shock Is Worsening, Cryptocurrencies Could Outperform Bonds and Stocks Bank … Read more
FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval. Go to Source Powered by WPeMatico
The acquisition is scheduled to follow Galaxy’s domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. Go to Source Powered by WPeMatico
WisdomTree has launched multiple crypto ETPs in Europe and continues efforts to launch a spot Bitcoin ETF in the United States. Go to Source Powered by WPeMatico