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Bitcoin (BTC) starts a new week in the shadow of a deepening geopolitical nightmare unfolding around Russia.As retaliations for the Ukraine invasion grow, and the macroeconomic consequences grow with them, crypto by and large is struggling to keep up.A curious paradox has presented itself this month: despite investors and those
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The central bank is concerned about inflation, now at its highest in four decades Powell, however, expects inflation will diminish this year as supply constraints ease and demand moderates because of the shrinking effects of fiscal stimulus and tighter monetary policy. Source
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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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It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ethereum network fees were around $52 per transaction and today, the average
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Some observers said Fed's tightening cycle is likely to be much shallower than expected. Source
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Kazakhstan, one of the world’s top Bitcoin (BTC) mining locations, is likely to lose its BTC hash rate share leadership in the next hash rate distribution update, according to industry experts.According to Cambridge Bitcoin Electricity Consumption Index (CBECI), Kazakhstan was housing over 18% of the world’s BTC hash rate as
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The CEO and founder of leading blockchain venture fund Pantera Capital, Dan Morehead, stated that digital assets will be the “best place” to store capital following the potential fallout of interest rate hikes from the U.S. Federal Reserve. Investors across stock and crypto markets are currently fixated on the direction
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The Bitcoin network has hit yet another all-time high in mining difficulty after a steady climb since last July’s lows.On-chain analysis tool CoinWarz indicated on Feb. 18 that mining difficulty reached a new high of 27.97 trillion hashes (T). This is now the second time in three weeks that Bitcoin
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Bitcoin (BTC) dipped below $43,000 on Feb. 17 as another day on ranging compounded hopes for an incoming breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed teases over rate hikesData from Cryptox Markets Pro and TradingView showed BTC/USD acting in a slightly widened zone with $44,500 as a ceiling over the past
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Bitcoin (BTC) fell into the Wall Street open on Feb. 16 as markets held their breath over upcoming comments from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Chop then breakout "makes sense" for BitcoinData from Cryptox Markets Pro and TradingView tracked a swift decline for BTC/USD around
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