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US President Joe Biden’s decision to refuse to admit that the country has officially entered into a recession pushed the crypto market upwards once more. As a result, bitcoin, ether,…
Scott Minerd – Founding and Managing Partner at Guggenheim Partners – believes traders could take advantage of the significant price swings of the cryptocurrency market and generate some profits. However,…
Bitcoin and Ethereum are pumping after the U.S. Bureau of Economic Analysis released its official GDP data for Q2 2022. The data shows that real GDP decreased by 0.9% year…
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…
The crash of Nigeria’s national currency (naira) reportedly pushed many residents to turn to alternative assets such as bitcoin and stablecoins to preserve their wealth. The peer-to-peer exchange LocalBitcoins marked…
Unlike the previous Fed interest hikes, bitcoin went on a roll this time, adding over $2,000 in hours to set a new weekly high. The altcoins are also well in…
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’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…
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…
After yesterday’s price dip below $21,000, bitcoin regained some traction and reclaimed that level. Most altcoins have also turned green today, with MATIC and Ethereum Classic standing out as the…