At the time of writing, the price of one bitcoin is $30,174. The most well-known cryptocurrency asset increased on Tuesday, surpassing the crucial psychological threshold of $30,000 as investors anticipated crucial inflation data later in the week that could affect cryptocurrency values.By market capitalization, the biggest cryptocurrency was last up …
Read More »Why is Ethereum seen as preparing for massive rally?
Analysts are optimistic about ETH as the cryptocurrency’s price is seen as preparing for a significant increase. When investors prepared for an enormous move in the altcoin with the Shapella upgrade.Analysts predict that the price of ethereum could experience a significant price increase to the $1,850 mark. Ethereum price tackled …
Read More »Is this week’s 15% pullback for Bitcoin likely?
With the beginning of the new trading week’s Asian trading session, the price of bitcoin is not displaying any strong momentum. If BTC loses its crucial support level at $26,555, the current consolidation will develop into a selling frenzy.The bearish thesis would be refuted if the psychological threshold of $30,000 …
Read More »Could Dogecoin rally 60% next week?
In the daily period, the price of Dogecoin coils up, indicating a sudden move. A 50% to 60% increase is anticipated if DOGE imitates Ripple. The bullish prediction will be invalidated if the meme currency is unable to maintain above the $0.0705 support level. The crypto asset is trading at …
Read More »Why is Bitcoin surging on Thursday?
The price of several cryptocurrencies moved higher on Thursday after the Fed’s March meeting yesterday, as well as due to some token-specific news. The price of Bitcoin, the biggest cryptocurrency in the world, has increased by around 4.8% since late yesterday afternoon, reaching a high of $28,700. Bitcoin is trading …
Read More »Liquidators: FTX top officials wasted $3.2B
According to new investigations in the FTX bankruptcy case, the liquidators of the cryptocurrency exchange-turned-hedge fund have revealed $3.2 billion in payments and loans made to Sam Bankman-Fried, the founder of FTX, and members of his close circle.The information was disclosed in the financial affairs statements and schedules of assets …
Read More »Oil is making up for some of its losses after falling to its lowest level in more than a year
Oil prices rose in early Asian trade on Thursday, recouping some of the losses after hitting their lowest levels in more than a year in the previous session, as markets calmed somewhat after Swiss regulators’ decision to bail out Credit Suisse. And by 0107 GMT, Brent crude futures rose 85 …
Read More »Could Bitcoin gain land as a safe haven amid banking sector fears?
Bitcoin’s price movement and stock market performance have diverged as a result of the banking collapse and the turbulent events of the past week. Experts noted the split in Bitcoin and evaluated whether the asset would begin trading as a flight from danger.Before correcting to the $25,100 mark, the price …
Read More »ECB likely to stick to big rate hike despite banking turmoil
Policymakers at the European Central Bank are leaning towards a half-point rate rise on Thursday, as the banking sector crisis subsides, the eurozone economy strengthens, and inflation is expected to remain too high for years. When the collapse of Silicon Valley Bank (SVB) in the United States sent vibrations across …
Read More »After CPI reading, Bitcoin price climbs past $25,000
From 6.4% in February 2023, the Consumer Price Index decreased to 6.0% year over year. It is anticipated that following the next FOMC meeting, interest rates will rise by 25 basis points. The cryptocurrency market responded favourably to the inflation rate as the price of Bitcoin increased to trade at …
Read More »