Auto Added by WPeMatico

Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’

A recent report from Pantera Capital said moves in the debt market and the Fed’s shifting monetary policy could be the fodder that fuels Bitcoin’s next monster rally.

Continue ReadingHedge fund report says Bitcoin price is ‘at a relatively inexpensive place’

Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies

BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000.

Continue ReadingBitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies

Bitcoin price is ‘likely starting the next push up’ if $42K holds as support

Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine.

Continue ReadingBitcoin price is ‘likely starting the next push up’ if $42K holds as support

Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound

Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom.

Continue ReadingEthereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound

Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints

The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation…

Continue ReadingBank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints