Auto Added by WPeMatico

While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback

While the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September,…

Continue ReadingWhile the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback

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%

What does the Fed’s fight against inflation mean for crypto? Macro analyst explains

Macro analyst Lyn Alden explains why the Fed's efforts to curb inflation may take longer than expected and how they will impact the crypto markets.

Continue ReadingWhat does the Fed’s fight against inflation mean for crypto? Macro analyst explains

The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price

$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price.

Continue ReadingThe Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price

Surge or purge? Why the Merge may not save Ethereum price from ‘Septembear’

Options data, macroeconomic catalysts and technical signals suggest a decline in Ethereum price is on the table despite the Merge.

Continue ReadingSurge or purge? Why the Merge may not save Ethereum price from ‘Septembear’