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Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry

Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry.

Continue ReadingBitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry

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…

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Prepare for Recession: Musk and Goldman Sachs’ Blankfein Weigh In; Galaxy Digital’s CEO Talks on Terra Collapse — Bitcoin.com News Week in Review

This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the U.S., issuing sobering estimations. In the wake…

Continue ReadingPrepare for Recession: Musk and Goldman Sachs’ Blankfein Weigh In; Galaxy Digital’s CEO Talks on Terra Collapse — Bitcoin.com News Week in Review

Kevin O’Leary Expects US Crypto Regulations to Come Out After Midterm Elections

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections. He explained that President Joe Biden “is not interested…

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Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods

As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about…

Continue ReadingSurvey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods

Aave price risks a 25% plunge as a classic bearish reversal pattern emerges

A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off.

Continue ReadingAave price risks a 25% plunge as a classic bearish reversal pattern emerges

How long will the crypto bear market last? Raoul Pal’s macro analysis

In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next…

Continue ReadingHow long will the crypto bear market last? Raoul Pal’s macro analysis