Cryptocurrency Analysis and News Portal
The price of Ether (ETH) declined 9.8% between Feb. 19 and Feb. 25 after the price resistance at $1,725 proved stronger than expected. Still, the correction was insufficient to break the 6-week-long ascending channel and did not cause Ether derivatives metrics to turn bearish.Ether (ETH) price index in USD, 1-day.
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Summary: The US Fed has announced a 75 basis point hike in interest rates. However, such a rate hike was predicted to inspire confidence in investors who now believe the US Federal Reserve is focused on bringing down inflation. Bitcoin has since maintained its $20k support zone amidst anxieties that the 0.75% interest
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Summary: Over $7.485 billion worth of Tether (USDT) has been redeemed for US dollars in the last week. The total supply of Tether (USDT) has reduced from the recent all-time high of $81.237 billion to $75.75 billion. The redemption of Tether and the decline of its circulating supply come on the backdrop of
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Bitcoin sank to an intraday low of $39,714.69 on Friday, following a late surge above Wednesday’s critical resistance level of $41,500. BTC was down as traders braced themselves for the lengthy Easter weekend. Bitcoin – the world’s most sought-after digital asset – has fallen about $10,000 from a two-week high of
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On Dec. 14, the United States Senate Banking, Housing and Urban Affairs Committee held a hearing titled “Stablecoins: How Do They Work, How Are They Used, and What Are Their Risks?” The testimonies, both spoken and written, focused largely on the last two issues, as anxieties over Know Your Customer
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4 Catalysts For S&P 500 ‘Anxiety’ Quarter Shouldn’t Surprise You CCN.com - News & Blazing Op-Eds Famed money manager Alan B. Lancz said four factors could cause the S&P 500 Index to stagnate over the next three months. 4 Catalysts For S&P 500 ‘Anxiety’ Quarter Shouldn’t Surprise You CCN.com - News &
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From COVID-19 relapses to election insecurity, these factors drive defensiveness up and demand down. We live in an economy organized around consumption and perpetual growth. In that context, factors that cause consumers to be fearful, reduce spending, increase savings, move less and generally slow down can wreak havoc. In this episode, NLW
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