Wednesday, March 27, 2024
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Ethereum price falls as regulatory worries and pause in DApp use impact investor sentiment

Ether (ETH) is struggling to maintain the $2,000 support as of Nov. 27, following its third unsuccessful attempt in 15 days to surpass the $2,100 mark. This downturn in Ether's performance comes as the broader cryptocurrency market sentiment deteriorates, thus one needs to analyze whether It’s possible that recent developments, such

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As Fed Rate Pause Comes into Play Analysts Hint That Bitcoin (BTC) May Repeat Its 2019 Performance

"Reflecting back on 2019, the Fed concluded its rate-hiking cycle and entered a seven-month pause. During this period, Bitcoin experienced a dramatic price rally, surging by an impressive 325%," Markus Thielen, head of research and strategy, said in a note to clients last week. "In line with our outlook, it’s

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Interest rate hikes may pause very soon — Here’s why

On this week’s episode of The Market Report, analyst Marcel Pechman discusses Bitcoin’s (BTC) strength ahead of the United States Federal Reserve’s Federal Open Market Committee (FOMC) meeting, with investors betting on an interest rate freeze.Pechman expresses skepticism about the claim that recent inflation data indicated the Federal Reserve’s 2% target

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Shiba Inu’s Shibarium Network resumes block production after brief pause

Shiba Inu's Layer-2 Shibarium network has resumed block production following a nearly day-long transaction pause.As per Shibariumscan.io block explorer, Shiba Inu's layer-2 blockchain Shibarium (SHIB) has reactivated and is generating blocks. The Shibarium network entered a fail-safe mode and paused operations to safeguard funds due to unexpectedly high traffic after

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Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?

After a momentary retest of the $25,000 support on June 15, Bitcoin gained 6.5% as bulls successfully defended the $26,300 level. Despite this, the general sentiment remains slightly bearish as the cryptocurrency has declined by 12.7% in two months.The dismissal of Binance.US’s temporary restraining order by Judge Amy Berman Jackson of the

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Bitcoin BTC Price Holds Sinks to 25.5K as Investors Shrug Off Fed Rate Hike Pause

Still, indicator was pointing bullishly. A price pattern called "throwback" has emerged on bitcoin's daily chart that could recharge bulls' engines for a rally toward $37,000, according to Valkyrie Investments. In technical analysis, a throwback is a price drop to a former breakout level or resistance-turned-support. After a breakout, prices

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