Bitcoin has been stuck between $16k and $18.5k for 2 months, and currently, it has taken off above the $17,000 mark but doubts do exist among traders ahead of the key CPI data for December in the United States on Thursday, meanwhile, comments and remarks by Fed officials are closely …
Read More »How will whale transactions influence Ethereum price?
Ethereum rebounded above $1,260 for the first time in three weeks, as whale transactions in the altcoin accelerated.Large wallet investors are interested in scooping up Ethereum as altcoins begin their recovery in 2023. Users are likely to prefer liquid staking as soon as they have completed their withdrawal from Ethereum’s …
Read More »Bitcoin Edges Closer To $17k Ahead Of FOMC Minutes
Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begins to pick up after new year eve holidays. This development comes as traders turn their attention to Wednesday’s FOMC minutes. At the time of writing, bitcoin trading at $16,653. Ethereum also continued to trade above $1,200 in …
Read More »How Could Bitcoin, Ethereum React To Liquidity Pressures in 2023?
Bitcoin and Ethereum prices erased their gains from the overjoyed 2022’s highs under rising selling pressure in the bear market.Economic data in November, followed by December signaled recession in the United States as well as in Europe to apparent levels while the Fed’s stance could continue its hawkish path. Traders …
Read More »After FTX’s collapse, could Solana survive in 2023?
SOL price is down 94.8% over the past year, the altcoin is under extraordinary pressure while striving to recover from the real crisis after FTX’s collapse. Solana is battling scrutiny from critics who argue that SOL price appreciation was driven by Bankman-Fried’s marketing efforts. Solana network was championed by Samuel …
Read More »AXS price surges following Google Play Store review
Axie Infinity (AXS) price is back in the green territory following a horrible week of hunting and calling for support. The bullish outlook in AXS follows the announcement by Axie team, one of the biggest play-to-earn (P2E) games, that the team’s their application has passed the difficult Google Play Store …
Read More »bitcoin Can Bitcoin hold above $17,000 before new year?
Bitcoin is trading at $16764 at the time of writing. The most famous cryptocurrency is struggling below $17,000 as the new year draws nearer. BTC fades a bit with some profit-taking. Simultaneously, US stocks are in the green territory and provide more tailwinds and help Bitcoin traders build up considerable …
Read More »US stocks decline
Market sources, citing data from the American Petroleum Institute, said on Tuesday that US crude oil inventories fell last week, while gasoline and distillate inventories rose. The sources said that crude stocks fell by about 3.1 million barrels in the week ending December 16. Gasoline stocks increased by about 4.5 …
Read More »FTX founder agrees to be extradited to the United States
Former FTX CEO has agreed to be extradited to the United States, but Sam Bankman-Fried also announced that he wanted to see the accusation statement filed against him in New York before agreeing to extradition.FTT price noted a 7.7% decline in the last 24 hours, recording fresh lows around $0.860. …
Read More »Crypto Space Will Hugely Benefit From Apple’ Encryption Policy
Earlier this week, Apple announced that it will offer end-to-end encryption for most material its users save on the iCloud storage service. The news means only an authorized device held by an authorized user will be able to access the content of the famous cloud storageThe new feature will protect …
Read More »