This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/bitcoin-prices-crypto-markets-today-51671098767 Dec. 15, 2022 5:06 am ET Order Reprints Print… Source link

Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin fell on Thursday after the U.S. Federal Reserve indicated further interest rate hikes ahead and investors continued to monitor the fallout from the collapse of cryptocurrency exchange FTX. It came after the world’s largest digital currency topped $18,000… Source link

Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin fell on Thursday after the U.S. Federal Reserve indicated further interest rate hikes ahead and investors continued to monitor the fallout from the collapse of cryptocurrency exchange FTX. It came after the world’s largest digital currency topped £18,000… Source link

Oryen has dominated presale for a while, bringing many exciting features to the current crypto market. A new cryptocurrency project’s presale is live. In the midst of the bear market, both Polygon and LitecoinMake experienced difficult times. However, with a recent price increase of 320% in presale 7, ORY has reached its peak and exceeded expectations. Oryen (ORY) Oryen began trading in the presale at $0.05 and is currently trading at $0.21 during presale round 7. For early investors and… Source link

More people are using crypto’s digital silver, Litecoin, as a method of payment. Additionally, on-chain activity is also looking pretty healthy for LTC. According to a recent BitPay report, Litecoin has gained significant traction as the coin of choice for purchases. Leading electronics, video games, gold and jewelry, and other e-commerce websites have reported an uptick in Litecoin payments. Furthermore, monthly Litecoin payments have increased 109% over the past year, the report added…. Source link

Ether followed a similar pattern, rising earlier in the day before dropping to trade at $1,308, down about a percentage point from Tuesday, same time. Most other major cryptocurrencies were in the red, albeit not by much with UNI, the token of decentralized exchange Uniswap, and LINK, the token of software platform Chainlink, falling 3.2% and 3.1%, respectively. Source link

ozgurdonmaz/iStock Unreleased via Getty Images Crypto winter continues as investors close out 2022. We can only speculate whether we’ve seen the depths of the bear or if there are deeper token price discounts to come in 2023. Despite the severity of year-to-date drawdowns in most crypto-based assets, one network that has seen substantial growth over the last several months is Arbitrum. What is Arbitrum? Arbitrum is an Ethereum (ETH-USD) Layer 2 scaling chain that utilizes optimistic… Source link

On Dec. 14, Bitcoin (BTC) price hit a 1-month high and saw a brief resurgence in bullish momentum, but the Federal Reserve’s Federal Open Market Committee (FOMC) hawkish report and comments from Fed chair Jerome Powell sent BTC to an intraday low at $17,659.  Stocks and Bitcoin started the day slightly up but quickly retracted on the FOMC report. To date, Bitcoin price remains closely correlated to equities and a majority of investors have concerns about the impact of further rate… Source link

Ethereum saw an increase in its price on Tuesday along with the rest of the crypto market following the positive CPI data release. The jump in price saw Ethereum finally beat the $1,300 price point after hovering around $1,200 coming out of the weekend. However, the digital asset had met significant resistance at the $1,350 price level, which could end up being a bearish development for the cryptocurrency. Ethereum Trades Are Wary Currently, Ethereum traders are still very on edge… Source link

The price of Bitcoin nosedived today—along with U.S. stocks—on news that the Federal Reserve approved a smaller interest-rate hike than previous ones this year, but signaled plans to keep raising rates next year to combat high inflation. The Fed has this year upped interest rates 0.75 percentage points four times in order to get inflation—currently at a 40-year high in the U.S.—under control. This time the U.S. central bank upped rates by 0.50 percentage points. This announcement… Source link