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” Bitcoin price risks $23K rerun as Coinbase stock falls over Silvergate “ Bitcoin (BTC) erased early-month gains on March 2 as fresh market uncertainty erupted over solvency of crypto bank Silvergate. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price avoids Silvergate, Coinbase stock slip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting…
” BTC whale population shrinks to early 2020 levels — 5 things to know in Bitcoin this week “ Bitcoin (BTC) keeps pushing for a bullish end to February as the monthly close starts another week’s price action. The largest cryptocurrency looks set to preserve its gains as it closes the second month of 2023…
” Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry “ Bitcoin’s (BTC) 16% price gain between Feb. 13 and Feb. 16 practically extinguished the bears’ expectation for a monthly options expiry below $21,500. As a result of the abrupt rally, these bearish bets are unlikely to pay off,…
What recession? Americans are still powering the economy despite high inflation Key economic indicators, such as huge retail sales and historic job gains, are painting the picture of a robust economy that shows few signs of slowing down. But a smaller-than-expected drop in January inflation has some economists worried that the Federal Reserve is going…
” Bitcoin price returns to $22K despite ‘least volatile’ US CPI reaction “ Bitcoin (BTC) ticked above $22,000 after the Feb. 14 Wall Street open as crucial United States inflation data delivered “mixed” results. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price hits 5-day highs on CPI Data from Cointelegraph Markets Pro and TradingView…
Annual inflation hits 6.4 percent in January: CPI Consumer prices rose 0.5 percent in January and 6.4 percent annually, according to Labor Department’s consumer price index released Tuesday, a jump in inflation which could encourage the Federal Reserve to further raise interest rates. Core inflation, which excludes volatile food and energy prices, came in at…
” Bitcoin price targets range from $19K to $25K as CPI day dawns “ Bitcoin (BTC) saw ongoing rejection below $22,000 into Feb. 14 as markets braced for macroeconomic data impact. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin vs. CPI: “Expect volatility” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to expand…
” First weekly death cross ever — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts a new week just under $22,000 as bulls fail to reclaim lost ground in February. After some modest volatility towards the weekly close, BTC/USD is still near three-week lows as a new status quo enters with…
” Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO “ Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. In a Feb. 12 Twitter thread, Back,…
” Arthur Hayes bets on Bitcoin, altcoin surge in H1 2023 as he buys BTC “ Bitcoin (BTC), Ether (ETH) and even nascent altcoins are a solid “buy,” a previously risk-off investor says. In a blog post released Feb. 8, industry stalwart Arthur Hayes announced a U-turn on his current crypto investment plans. Hayes changes…