Tag: Cointelegraph

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At the time of writing, BTC/USD traded at around $37,000, having recouped a modest portion of the ground given up in the first two hours of the Wall Street session. “Can you imagine how disastrous this will be for central bank credibility if this equity market keeps unwinding in the coming weeks and they need […]

Federal Reserve’s tightening economic policies and on May 3, billionaire hedge fund manager Paul Tudor Jones said that the environment for investors is worse than ever because the monetary authority is raising interest rates when financial conditions are already worsening. For these reasons, traders are increasingly concerned about the potential impact of a global macroeconomic […]

Rogan is a vocal Bitcoin supporter, having first spoken about the world’s largest cryptocurrency in 2014. His MMA podcast is part of the “experience,” and Khalil Rountree has been a previous guest. Rountree is an American mixed martial artist who currently competes in the light heavyweight division of the Ultimate Fighting Championship. …Read the full […]

With little to comfort bulls, some turned to historical comparisons. MicroStrategy thus appeared to state that it would actively support Bitcoin markets during a major capitulation. …Read the full story

Amid multiple calls for a “capitulation” style event to hit both crypto and TradFi markets, there was an eerie sense of calm leading up to the Federal Open Markets Committee meeting, with news on U.S. …Read the full story

While inflation has been surging worldwide, the first signs of an economic downturn showed as the United Kingdom’s retail sales fell 1.4% in March. This bearish macroeconomic scenario can partially explain why Bitcoin has been on a downtrend since early April. Unlike a perpetual contract, these fixed-calendar futures do not have a funding rate, so […]

Since then, four months have passed, but traders seem somewhat optimistic that inflation has hit the necessary threshold to trigger cryptocurrency adoption. Federal Reserve FOMC meeting is expected to rule on the interest rates on May 4, but more importantly, the FED is expected to announce a program to offload part of its $9 trillion […]

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“The BTC chart is heavy right now, & a break below $35k could cause a rush for the exit… As Cointelegraph recently reported, other major world currencies have suffered along with crypto in USD terms in recent weeks, with a particular focus on the fate of the Japanese yen. “This number is reaching peak high numbers, […]

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As evidenced by data from Blockchain.com, Bitcoin’s network difficulty has seen almost a year-long uptrend since August 1, 2021. Further cementing Bitcoin’s resilience against 51% attacks, on April 28, the Bitcoin network hash rate, too, recorded a new ATH of 258 EH/s. The month of April also was witness to one of the lowest average transaction fees […]

Even with macro participation, however, the situation would seem not to favor Bitcoin bulls. …Read the full story

Currently, BTC price trades below $40,000 and various technical analysis metrics suggest that further downside is more likely that a recovery to the $40,000 to $45,000 range. Many analysts believe that BTC could be in an optimal accumulation range, a point touched on by crypto market analyst Philip Swift. …Read the full story

Technicals agree with depressive fundamental indicators. …Read the full story

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Whalemap issued a map of Bitcoin realized price sorted by wallet size as the basis for its potential price target. …Read the full story