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"Stagflation is the worst possible scenario for risk assets, particularly for stocks," Acheson said, adding that compared to equities, the downside in bitcoin appears limited, considering current low participation from macro investors, the spot-ETF narrative and bitcoin's gold-like appeal. Source
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Bitcoin (BTC) shed 2% into the start of August as traders’ expectations of further downside slowly came true. BTC/USD 1-hour chart. Source: TradingViewBitcoin short-term holder breakeven point in focusData from Cointelegraph Markets Pro and TradingView showed BTC’s price trajectory leaning lower at the July monthly close.Volatility was already anticipated, and BTC/USD
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The world of finance is rapidly evolving, driven by advancements in technology and changing consumer behaviors. As humanity moves further into the digital age, several emerging trends are reshaping the financial services landscape. This article will explore five key digital finance trends that readers should be aware of.Open bankingThe delivery
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The price of XRP (XRP) has skyrocketed in the aftermath of a federal court ruling saying that its sales on crypto exchanges complied with U.S. securities laws.On July 14, XRP price retreated by about 10% to $0.76, but compared to its lowest price the previous day, it was still up
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the second half of 2023, investors are actively considering potential tokens for their crypto portfolios. Among the cryptocurrencies garnering attention and which investors expect to rally in the latter half of 2023 are digitoads
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Apple would likely go ahead with a fall release for the iPhone 15, along with a few other new products slated for this year and 2024. Apple has a few new products in its roadmap for 2023 and well into 2024. The expected new products include the iPhone 15 and a
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Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with the launch of a new protocol.Launched on June 17 the protocol, dubbed “Ethscriptions,” is a nod to the Bitcoin (BTC) Ordinals protocol — where assets are known as “inscriptions.”Ethscriptions was
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The state of decentralized finance (DeFi) in 2023 is a mixed bag. On the one hand, the sector has seen significant growth in recent months, with total value locked (TVL) reaching an all-time high of over
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The Federal Reserve’s latest rate hike decision and U.S. inflation data are among key upcoming items. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Investors and traders have taken note of three coins that are gaining traction and appear to be building upside momentum: bitcoin (BTC), XRP, and tradecurve (TCRV). In their assessment, these cryptocurrencies may surpass expectations in 2023
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