4 alarming charts for Bitcoin bulls as $27K becomes formidable hurdle
The price of Bitcoin can fall to $15,000 in 2023 if its strengthening correlation with certain macro charts is any indication.
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Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority…
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data
Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less…
BTC price risks $27K loss as Bitcoin trend lines brew ‘bullish cross’
BTC price action offers little relief to Bitcoin bulls despite U.S. macro data releases showing inflation subsiding.
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report
Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain…
Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides…
Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more
This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence may soon replace.
Argentina’s central bank halts cryptocurrencies from payment apps
The ban is intended to reduce Argentina's payment-system exposure to digital assets, said the monetary authority.
The Fed has little ammo left as $30K Bitcoin price becomes key battle-line
BTC options and futures markets show no use of excessive leverage from buyers, a healthy indicator as the $28,000 support gets retested.
Bitcoin limps into FOMC as flagging volume adds to BTC price hurdles
Bitcoin price looks unlikely to break out as markets brace for Fed rate hike volatility.
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