Cryptocurrency Analysis and News Portal
In the latest episode of Macro Markets, Cryptox analyst Marcel Pechman discusses the recession in Germany, Europe’s largest economy. According to a recent headline in The Wall Street Journal, “Germany is dragging down Europe’s economy.“ The article explains how the country heavily depends on manufacturing, which has been hurt as
Read More
However, DeFi protocols “intuitively possess none of the defining hallmarks of stock exchanges,” according to the DeFi Education Fund’s letter. “Beyond DeFi, the commission’s proposal has no logical limit and would sweep third-party and utility service providers who contract with exchange providers into the exchange regulatory regime.” Source
Read More
“Coupled with the drop in the price of bitcoin, we have seen a noticeable drop in trading volumes, too, across the ecosystem when news about Silvergate’s financial difficulties broke,” Guilhem Chaumont, CEO of Paris-based market maker and brokerage Flowdesk, told CoinDesk in a note. Original Source
Read More
Inflation is good for you because it favors debtors. That makes sense. If you have a $100,000 loan, that $100,000 doesn’t adjust as things get more expensive. It’s still $100,000. So if that $100,000 is a fixed-rate, 30-year mortgage, then your debt burden is lessened. Source
Read More
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under
Read More
Ripple is down more than 2% and it broke the $0.1880 support against the US dollar.XRP price is now trading near the $0.1840 support area and it could correct higher.There is a key bearish trend line forming with resistance near $0.1920 on the hourly chart of the XRP/USD pair (data
Read More
Litecoin declined heavily after it failed to climb above $46.50 and $48.00 against the US Dollar.The price seems to be sliding towards the $42.20 and $40.40 support levels.There is a key declining channel forming with resistance near $45.50 on the hourly chart of the LTC/USD pair (data feed from Kraken).Bitcoin
Read More
Just a decade ago, speculating on cryptocurrency prices meant figuring out a way to buy Bitcoin (BTC) and add it to your blockchain wallet. This was a feat that was worthy of bragging rights: In 2010, there were few exchanges, low liquidity and barely any infrastructure, meaning that crypto was
Read More
The total crypto market cap is slowly climbing higher and it recently broke the $260.0B resistance.Bitcoin price is currently trading in a range near the $10,200 level.EOS price is trading near $4.100 and it could start another upward move.Binance Coin (BNB) is up more than 6% and it recently surpassed
Read More