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Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

ETH dropped below a key support in its USD and BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.

Continue ReadingFalling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates

The Federal Reserve’s steady interest rate hikes have put stocks and crypto into bear market territory, but analysts worry about what happens if inflation still remains out of the “target…

Continue ReadingLow inflation or bust: Analysts say the Fed has no choice but to continue raising rates

Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases

In recognition of Bitcoin pizza day, the first-ever real-world transaction using Bitcoin, Cointelegraph speaks with the crypto community about their historic BTC purchases.

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20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows.

Continue Reading20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off

Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the cryptocurrency is the future of money, he said:…

Continue ReadingMicrostrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off