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“# Boom or bust? Is there a way for Bitcoin price to hit $100K in 2022? ” The internet is filled with Bitcoin (BTC) price forecasts. For example, some analysts believe that the flagship crypto will hit $1 million per coin in the next 10 years, while others think BTC price will eventually drop to…
“#Goldman Sachs CEO David Solomon playing it ‘cool’ with mergers” Goldman Sachs has been looking to do a big deal, or what investment bankers call “transformative,” for years now. So what are they waiting for? People there keep telling me they need asset prices of merger partners to “normalize,” aka fall enough so Goldman remains…
“# Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022 ” Global financial markets, stocks and cryptocurrencies took a knock on Jan. 10 after rumors that the Federal Reserve may hike interest rates four times in 2022 circulated and sparked a sell-off and sent the benchmark 10-year Treasury yield…
“#Federal Reserve projected to hike rates 4 times in 2022” The Federal Reserve is likely to hike interest rates more than expected in 2022 as the US economy grapples with surging inflation and tight labor conditions, Goldman Sachs analysts said in a note to investors on Sunday. The Wall Street bank said it now expects…
“# Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K ” Bitcoin (BTC) may end up falling to as low as $30,000 if the U.S. inflation data to be released on Wednesday comes any higher than forecasted, warns Alex Krüger, founder of Aike Capital, a New York-based asset management firm. The…
“# BTCS stock jumps 44% after announcing first-ever dividend payable in Bitcoin ” On Jan. 5, Nasdaq Composite logged its biggest daily loss since February last year. But for one of its listed companies, the day turned out to be extremely bullish. Blockchain stock soars The share value of BTCS Inc. (BTCS), a blockchain technology…
“# Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market ” Ethereum’s native token Ether (ETH) plunged sharply hours after the U.S. Federal Reserve released the minutes of their December meeting, showing that they eye a faster timetable for hiking interest rates in 2022. The minutes showed that the Federal Open Market Committee…
“#Inflation hits highest level in 39 years as consumer prices jump” The inflation rate is running at its hottest pace in nearly four decades, as widespread supply disruptions, high consumer demand and worker shortages fuel a surge in prices. Consumer prices soared by 5.7 percent in the year through November, according to the Personal Consumption…
“# Analysts expect Bitcoin trend change after Fed lays out its 2022 roadmap ” The year-long calls for a $100,000 Bitcoin (BTC) price have fallen to the wayside since the asset struck a new all-time high at $69,000, but traders are not completely dismayed. At the moment, most analysts view the current price range as…
“# Cardano: ADA price eyes 30% rally with a potential ‘triple bottom’ setup ” Cardano (ADA) may rally by nearly 30% in the coming days as it hints at forming a classic bullish reversal pattern. Sharp ADA rebound underway Dubbed “triple bottom,” the pattern typically occurs at the end of a downtrend and consists of…