Cryptocurrency Analysis and News Portal
Historically, a Santa rally happens in the weeks leading up to Christmas when a collective sense of goodwill bleeds into equity markets. This is typically a seasonal blip and nothing to write home about. But this year, we could see a far more significant rally as the United States Federal
Read More
"Fed interest rate decisions have seen reduced medium-term directional impact on BTC as correlations reign moderate, K33 analysts Anders Helseth and Vetle Lunde noted in a market preview Tuesday. "We still expect a significant intraday volatility contribution from the Wednesday FOMC, as the market typically reacts with bursts of strongly
Read More
Bitcoin (BTC) kept pressure on $28,500 after the Oct. 19 Wall Street open ahead of a key speech on United States economic policy.BTC/USD 1-hour chart. Source: TradingViewLepard: Powell may flip "very dovish"Data from Cointelegraph Markets Pro and TradingView showed BTC price action gaining strength ahead of commentary by Jerome Powell,
Read More
Bitcoin (BTC) hit new weekly highs after the Sep. 28 Wall Street open as markets awaited fresh cues from the United States Federal Reserve.BTC/USD 1-hour chart. Source: TradingViewBitcoin summons volatility ahead of Powell speechData from Cryptox Markets Pro and TradingView showed BTC price strength staging a comeback on the day, having
Read More
Last year’s crypto crash wiped out Maple Finance’s TVL as borrowers crumbled and lenders fled. In an interview with CoinDesk, the protocol’s co-founder and CEO lays out his plan for growth in an era of heightened risk management. Original Source
Read More
US Federal Reserve (Fed) Jerome Powell spoke at the annual Jackson Hole Economic Symposium, which has significantly pressured the Bitcoin price. Consolidation
Read More
BTC was changing hands at $26,042 at press time, down roughly 2.6% from its Wednesday high of $26,789. Ether (ETH), the second largest cryptocurrency by market capitalization, was trading at around $1,640 with a near 3% decline from yesterday's high. Original Source
Read More
“Thinking about this from a capability standpoint, the compute cowboys are unlocking new power markets for data centers and thinking about the future of industrial manufacturing. It’s all in its infancy,” Powell said. For many in the oil and gas industry, like Powell, whose family is also in the business,
Read More
Over the last 12 months, market analysts and commentators have relentlessly predicted that the United States is heading for a recession. However, the U.S. economy has been remarkably resilient and defied the forecasts. Indeed, we now have the U.S. Federal Reserve discounting a recession from its current modeling, as Fed
Read More
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
Read More