Cryptocurrency Analysis and News Portal
The blockchain community got a bit of good news on March 14 after regulators in the European Parliament's Committee on Economic and Monetary Affairs rejected a ban on proof-of-work (PoW) based cryptocurrencies like Bitcoin (BTC) that would have had significant ramifications for the crypto industry. Data from Cryptox Markets Pro and TradingView
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Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLong-awaited Fed action set to come this weekData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it again came close to testing $38,000 support
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Any unexpected move by the ECB could trigger a fall in the market, one trader said. Source
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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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