World Teeters on Recession: What it Means for Crypto (Opinion)
U.S. Treasury yields edged up Monday as markets focus on inflation woes and recession risk. All eyes are on a two-day Federal Reserve policy meeting that concluded this Wednesday, and…
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$400 Million in Liqudations as Bitcoin Soared to Weekly High Above $23K
Somewhat surprisingly, the crypto market reacted quite well to the latest interest rate hike from the US Fed, with prices soaring to new weekly highs. As such, the number of…
Bitcoin Pumps to $22k as Fed Hikes Rates by 75 BPS
Bitcoin’s volatility surged once again following the latest Federal Open Markets Committee (FOMC) meeting. The primary cryptocurrency rose by 2.5% in response to the US central bank’s announcement of another…
Is Another $19K Retest Inbound for BTC? (Bitcoin Price Analysis)
Market movements are frequently consisting of two phases – an expansion phase where the price changes sharply in either direction, followed by a correction phase in which the price forms…
Bitcoin Is Not Out of the Woods Yet According to This Metric
Although bitcoin trades 25% higher than its multi-year bottom tapped in June at $17,500, CryptoQuant suggested that the asset could face upcoming price drops. This is because of the Bitcoin…
Is BTC Eyeing Another Leg Down Following the Dip Below $22K? (Bitcoin Price Analysis)
Bitcoin has been experiencing what seems to be a prolonged bear market and is down more than 74% from its all-time high. Historically, the 200-week moving average has significantly supported…
MicroStrategy Selling Rumors Are FUD: CryptoQuant CEO
After an exuberant risk-on rise in Bitcoin’s price Tuesday, a retracement since Wednesday wiped out most of the gains. Traders blame Tesla’s Q2 earnings report. Bitcoin prices hovered around the…
Bitcoin Corrects Towards $22K But How Low Can it Go? (Bitcoin Price Analysis)
The $19K demand zone has served as a significant support level for Bitcoin’s price over the past few weeks resulting in a short-term rally towards the 50-day moving average at…
Tesla Sold 75% of BTC Holdings, Crypto Market Reclaims $1T, Ethereum Merge 90% Complete: This Week’s Recap
The past seven days were very eventful, and, fortunately, the week ended up in green. The total cryptocurrency market capitalization reclaimed the coveted $1 trillion level and is currently sitting…
Bitcoin Dropping to $20K Was the Nail in the Coffin for 3AC, Founders Share
Su Zhu and Kyle Davies – Co-Founders of the distressed cryptocurrency hedge fund Three Arrows Capital (3AC) – explained that accumulative lending agreements and the collapse of the digital asset…
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