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That outlook, however, could be positive for crypto, pressuring the Fed to be more dovish, which would result in a weaker U.S. dollar and therefore a stronger crypto market, Joshua Lim, head of derivatives at Genesis Trading said. (Genesis is owned by Digital Currency Group, which also owns CryptoX.) Source
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Bitcoin podría caer a “mínimos cercacnos a $18.700”, dijo un trader. Source
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Crypto Markets Stabilize After Steep Weekly Declines, Traders Show Near-Term Bearish Bias Original Source
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Ethereum regained investor support despite a recent price slump. Original Source
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According to Michael Kramer, founder of Mott Capital Management, traders of Fed fund futures no longer see the central bank switching to rate cuts next year. Traders expect rates to peak at about 3.7% by March and remain there until late 2023. Last month, the central bank raised the benchmark
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“After the U.S. consumer price index came in a bit lower, the British pound appreciated in value,” Silvia said. “With the latest U.K. inflation, the pound may appreciate a bit more, especially if the Federal Reserve only raises the funds rate 50 basis points in September.” (A basis point is
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La cotización de DOGE aumentó 10% en las últimas 24 horas, incluso cuando el mercado cripto general se mantuvo estable. Este porcentaje se agregó al incremento del 25% de la semana anterior, según datos de CoinGecko, y actualmente registra una resistencia al nivel de precio de $0,088. Original Source
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The Dogechain bridge is raking in money from retail traders betting on short-term price movements of the dog-themed tokens, many of which contain “doge” or “shib” in their names. Most of these tokens are speculative in nature, however, and do not showcase a legitimate use case. Source
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Bitcoin (BTC) returned to range resistance on Aug. 17 amid ongoing concerns that a retracement is imminen.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo success for Bitcoin bullsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $24,448 on Bitstamp, up 3.25% from the previous day's low before diving $600 in
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"By being a Variable Taker, you're buying exposure to the variable rate and selling the current fixed rate on Voltz Protocol," Simon Jones, Voltz CEO and co-founder, told CryptoX. "With so many traders choosing to be VTs, this suggests the vast majority are expecting variable rates [staking yields] to increase
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