Cryptocurrency Analysis and News Portal
Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers. Source
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Cardano’s scaling solutions and proof-of-stake approach serve as a model for projects aiming for long-term stability and success. The crypto market, which has been moving sideways for the better part of August and September, is now recovering and Cardano’s ADA seems to be riding this wave. Similarly, Domini.art (DOMI), a project
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Payment giant VISA has significantly moved in the digital currency space by expanding its stablecoin settlement services to the Solana (SOL) blockchain. According
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Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations.BTC/USD 1-hour chart. Source: TradingViewFed's "preferred" inflation metric points to waning pressureData from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures
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Bitcoin shifted toward $30,000 on July 26 as the Federal Reserve delivered a fresh interest rate hike.BTC/USD 1-hour chart. Source: TradingViewBitcoin tames volatility ahead of Powell press conferenceData from Cointelegraph Markets Pro and TradingView showed Bitcoin's (BTC) price performance strengthening after the Federal Open Market Committee (FOMC) took rates 0.25% higher.While still
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Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks. Source
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Meanwhile, bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel an additional price increase, or send it spiraling in the immediate aftermath. “If bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets,” CryptoX Co-Managing Editor
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In other words, if bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets. That, in turn, could lead to an exaggerated price rally, often called a gamma squeeze, or sling-shot effect. On the flip side, dealers will be forced to
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Bitcoin (BTC) lingered near $30,000 on June 22 as traders sought opportunities to “buy the dip.”BTC/USD 1-hour chart. Source: TradingViewBitcoin dip-buyers “ready” for $28,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD volatility calming overnight after rapid gains.BTC price performance had impressed the day before, with the largest cryptocurrency returning
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The largest cryptocurrency held its perch where it spent much of the previous three days. Original Source
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