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Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests

Institutions that reportedly purchased 10,939 BTC from Coinbase in December 2020 are not selling yet.

Continue ReadingWealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests

U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?

Strong euro and overbought readings could pressure the dollar further, showing signs of topping out—Bitcoin at risk of falling.

Continue ReadingU.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?

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…

Continue ReadingLow inflation or bust: Analysts say the Fed has no choice but to continue raising rates