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Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry

BTC bears aim for a $360 million profit in July 29’s $1.76 billion monthly options expiry, but the FOMC interest rate decision could play a decisive factor.

Continue ReadingBitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry

Ethereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC’s Trade Volume

Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and…

Continue ReadingEthereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC’s Trade Volume

Bitcoin price falls under $21K, bringing more capitulation or just consolidation?

Multiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows.

Continue ReadingBitcoin price falls under $21K, bringing more capitulation or just consolidation?