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Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.

Continue ReadingBitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly

The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has…

Continue ReadingErratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly

All-time highs next? Bitcoin holds $62K as the Dollar index tumbles to 3-week lows

The U.S. dollar index reached its lowest levels in three weeks on Tuesday, triggering the Rising Wedge pattern.

Continue ReadingAll-time highs next? Bitcoin holds $62K as the Dollar index tumbles to 3-week lows

Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts

The declaration appears as Bitcoin pops back above $50,000, with its addition in a Gold-Bond portfolio outperforming the S&P 500 index.

Continue ReadingGold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts