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” Cardano price risks 30% drop in Q2 despite a ‘major’ hard fork ahead “ Cardano (ADA) price risks undergoing a severe correction in the next few months despite touting its blockchain network’s bolstering growth and a “major” hard fork event in June. Descending channel hints at ADA selloff ahead ADA, which makes up about…
” Bitcoin bulls need to reclaim $41K ahead of Friday’s $615M BTC options expiry “ Over the past three months, Bitcoin’s (BTC) daily closing price fluctuated between $35,050 and $47,550, which is a 35.7% range. Although it might seem excessive, this is not unusual, especially considering BTC’s 68% historical annualized volatility. Bitcoin/USD 1-day chart at…
” Mark Yusko explains the real problem with Fed policy — and why Bitcoin matters “ Inflation is front-page news again after the Labor Department revealed this week that the United States consumer price index soared to 8.5% year-over-year in March — the highest in over four decades. According to crypto industry veteran and Morgan…
” Ethereum price ‘bullish triangle’ puts 4-year highs vs. Bitcoin within reach “ Ethereum’s native token Ether (ETH) has dropped about 17% against the U.S. dollar in the last two weeks. But its performance against Bitcoin (BTC) has been less painful with the ETH/BTC pair down 4.5% over the same period. The pair’s down-move appears…
” Bitcoin price drops to $39K, but data shows leverage traders dreaming of $50K “ On April 11, Bitcoin (BTC) dropped to $40,500, reaching a crucial level that erased the gains from the previous three weeks when the price peaked at $48,200 on March 28. According to analysts, the United States Federal Reserve balance sheet…
” Bitcoin keeps falling as former BitMEX CEO gives $30K BTC price target for June “ Bitcoin (BTC) saw a predictable fall into the Wall Street open on April 11 as bears took the market toward $40,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin edges toward $40,000 Data from Cointelegraph Markets Pro and TradingView showed…
” BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000. After a refreshingly low-volatility weekend, the latest weekly close saw market nerves return, and in classic style, BTC/USD…
“The credibility-challenged Fed is about to be overtaken by reality again” For two years, the Federal Reserve has managed to lose credibility by making strong policy commitments it soon had to reverse once they were overtaken by reality. It’s now poised to make yet another major policy pledge it won’t be able to keep. The…
” Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices “ Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course of action to help curb…
“Federal Reserve moves toward slashing bond holdings to fight inflation” The Federal Reserve is moving closer to rapidly shrinking its huge $9 trillion stockpile of bonds in the coming months to fight high inflation, a move that would contribute to higher borrowing costs for consumers and businesses. In minutes from their most recent policy meeting…