Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve

The most important information within the cryptosphere for Sept. 21 consists of Bitcoin tanking 6.5% after Fed introduced a 75 bps charge hike, a court docket ordering Tether to offer paperwork on... Read more »

Fed Hikes Rates by Another 75 Basis Points

Key Takeaways The Federal Reserve has elevated rates of interest by one other 75 foundation factors. The U.S. central financial institution’s funds price is now 3% to three.25%. Because the Fed stays... Read more »

Crypto and stocks soften ahead of Fed rate hike, but XRP, ALGO and LDO look ‘interesting’

Costs stay gentle throughout the market as merchants await Federal Reserve Chair Jerome Powell’s assertion on the scale of the following rate of interest hike.  In the mean time, the market consensus... Read more »

Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’

$20,000 is now not help. $100,000 didn’t occur. The Bitcoin halving is 562 days away. Bears merely refuse to launch their vice grip available on the market and the Federal Reserve’s coverage... Read more »

Long the Bitcoin bottom, or watch and wait? Bitcoin traders plan their next move

Bitcoin (BTC) confronted a 9% correction within the early hours of Sept. 19 as the value traded all the way down to $18,270. Despite the fact that the value shortly bounced again... Read more »

Why the Ethereum Merge Was a “Sell the News” Event

Key Takeaways Ethereum has efficiently shipped the Merge after years of anticipation, however ETH is down. The quantity two crypto has misplaced 25% of its market worth over the previous week. Although... Read more »

Here is why a 0.75% Fed rate hike could be bullish for Bitcoin and altcoins

The S&P 500 and the Nasdaq Composite index suffered their worst weekly efficiency since June as buyers stay involved that the Federal Reserve should proceed with its aggressive financial coverage to curb... Read more »

August 2022 GameFi Report

Whereas the variety of new customers coming into GameFi has dropped precipitously, the typical variety of transactions per person is rising steadily. Subsequently, with the customers available in the market at present... Read more »

Goldman Sachs’ bearish macro outlook puts Bitcoin at risk of crashing to $12K

A sequence of macro warnings popping out of the Goldman Sachs camp places Bitcoin (BTC) at a danger of crashing to $12,000. Bitcoin in “backside section?” A staff of Goldman Sachs economists... Read more »

Ethereum Shipped the Merge and Its Supply Is Deflating. Why Is ETH Down?

Key Takeaways Ethereum efficiently accomplished “the Merge” from Proof-of-Work to Proof-of-Stake earlier in the present day. ETH briefly spiked following the occasion earlier than retracing minutes later. ETH’s provide has decreased for... Read more »