Cryptocurrency Analysis and News Portal
By Ben Small, Analyst at the publicly listed digital asset broker GlobalBlock The crypto market has started the second half of this week on the front foot on the back
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Bitcoin started a fresh increase above the $22,000 resistance zone against the US Dollar. BTC must clear $23,000 and $23,700 to continue higher. Bitcoin started a fresh increase after the fed hiked interest rates by 75bps. The price is now trading above the $22,500 level and the 100 hourly simple moving average. There
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Bitcoin was recently trading at about $22,900, up over 8% for the past 24 hours. The largest cryptocurrency by market capitalization has mostly lingered between $21,000 and $23,000 for much of the past 10 days. Ether was recently changing hands just above $1,600, up more than 15% over the same
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On July 26, the price of Bitcoin (BTC) fell to a level not seen in more than a week as investor anxiety grew in anticipation of the Federal Reserve raising interest rates. Bitcoin Slumps According to TradingView, the leading cryptocurrency is currently trading below $21,000 at $20,955, down 4.26 percent today and
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Some traditional market analysts, however, seem to be pricing in rate cuts by the Fed coming early next year, ostensibly as part of a future move to stop the U.S. economy from a deeper recession. Those analysts might be thinking the economy is too weak to handle higher rates, or
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The market has been decisively pricing out the probability of a 100bps hike in the July FOMC, trading fund QCP Capital said. Original Source
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Bitcoin, the leading cryptocurrency by market value, has held steady around $22,700 since the ECB announced a bigger-than-expected rate hike at 12:15 UTC. Euro, the common currency of 19 out of 27 European Union nations, jumped 0.7% from $1.0198 to $1.0250. Original Source
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He calls it the “Outerverse”: A platform where hikers, bikers, runners, skiers – outdoor-doers the world over – can earn rewards for tracking their real-life activity atop crypto rails. Skiers, for example, could unlock chances at a heli-skiing expedition, Zoom calls with famous photographers, perhaps Warren Miller movie tickets –
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While cryptocurrency lending platform Aave's native coin AAVE was up 15% at $91, decentralized exchange Uniswap's UNI traded at $7, representing a 13% gain, CoinDesk data shows. Bitcoin (BTC), the biggest cryptocurrency by market value, changed hands at $20,660, up 3.5%, while Ethereum's ether (ETH) token was priced at $1,200,
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U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise. Original Source
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