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Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund

Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors.

Continue ReadingPolkadot parachains spike after the launch of a $250M aUSD stablecoin fund

Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry

Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry.

Continue ReadingBitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry

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