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March Madness- This is a hyped and highly anticipated time in the United States when basketball tournaments are held between the men and women’s National Collegiate Athletic Association (NCAA). The event is usually hosted annually during mid-March and the beginning of April allowing many fans and spectators enough time to
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Bitcoin (BTC) hit daily lows, then bounced strongly on March 2 as fresh comments by the United States Federal Reserve added to macro volatility.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell: March rate hike expected "appropriate"Data from Cryptox Markets Pro and TradingView showed BTC/USD dipping to $43,350 on Bitstamp before the Wall
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One of the United Arab Emirates (UAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, the company’s managing director (MD) has said. DAMAC Looking Into NFTs and Metaverse According to Ali Sajwani, the managing director of the real estate property developer DAMAC Properties,
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Historically, March tends to be a difficult month for bitcoin and equities. Analysts expect macroeconomic and geopolitical risks to linger, which could cause short-term volatility. At a later point, price action could stabilize as the probability of positive BTC returns increases over the next few months. Source
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Bitcoin (BTC) extended its gains, hitting nearly $45 thousand on March 1 as interest rate speculators reduced their bets on aggressive rate hikes in 2022 and the number of whale addresses spiked amid speculations that BTC is proving itself as an apolitical safe-haven.Traders reduce half-point bets for MarchBTC's price surged
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Bitcoin traders are pricing in uncertainty via the derivatives market. However, on-chain supply of the crypto remains stable, indicating the market is ready to “ride out the storm ahead.” according to a report by on-chain data provider Glassnode. Source
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An uptick in Bitcoin (BTC) supply to whales' addresses witnessed across January appears to be stalling midway as the price continues its intraday correction toward $42,000, the latest data from CoinMetrics shows.Whales, fishes take a break from BitcoinThe sum of Bitcoin being held in addresses whose balance was at least 1,000
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On-chain data analysis from Glassnode shows that Bitcoin investors are hedging out risks in order to stay protected against Federal Reserve interest rate hikes in March.Glassnode’s The Week On-Chain newsletter from Feb. 14 indicates that the most significant trend in Bitcoin (BTC) right now is the flat futures term structure
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The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023. EU Finance Chief
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In a TV appearance, Alejandro Zelaya also confirmed that the coupon for the paper will be 6.5%. Source
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