Auto Added by WPeMatico

Here is why Bitcoin price gave back all its intraday gains

BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.

Continue ReadingHere is why Bitcoin price gave back all its intraday gains

Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%

GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects.

Continue ReadingIs DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%

Data shows the Bitcoin mining bear market has a ways to go

The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.

Continue ReadingData shows the Bitcoin mining bear market has a ways to go