On Sunday, Bitcoin is trading sideways, maintaining a narrow range of $17,000 to $17,350 level. Similarly, Ethereum has risen above the $1,250 level, a support level that’s extended by an ascending triangle pattern.  Major cryptocurrencies were trading in the red early on December 11 as the global crypto market cap increased 0.9% to $855.49 billion on the previous day. Over the last 24 hours, the total crypto market volume has… Source link

This is an opinion editorial by Logan Bolinger, a lawyer and the author of a free weekly newsletter about the intersection of Bitcoin, macroeconomics, geopolitics and law. “I’m more interested in asking the question, is the world that we want to live in one where we need to hyperfinancialize every aspect of an individual’s life because financial conditions on a macro level are such that you have to financialize your whole being in order to keep up or get ahead? Is that truly a victory… Source link

Bitcoin (BTC) price had a mixed reaction on Dec. 9 after the November report on United States producer prices showed a 7.4% increase versus 2021. The data suggested that wholesale costs continued to rise and inflation may last longer than investors had previously believed. Oil prices are also still a focus for investors, with crude WTI hitting a new yearly low at $71.10 on Dec. 8.  The United States Dollar Index (DXY), a measure of the dollar’s strength against a basket of top foreign… Source link

XMR endured the market collapse, putting up an impressive performance in the last thirty days Traders’ interest was unusually high with a possibility of sustenance At a time where a bunch of crypto projects have been struggling for survival, Monero [XMR] seemed to have found stability. According to CoinMarketCap, few cryptocurrencies have been able to match XMR’s performance since the FTX crash forced the entire market into catastrophe. The price tracking platform… Source link

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject At press time, the majority of assets remained almost steady, but ETH increased by 3.93% during the past day. This is increasing the possibility of a small rally to lift the price of the cryptocurrency above the barrier levels. Vitalik Buterin, a co-founder of Ethereum, has urged the cryptocurrency community… Source link

Bitcoin started the weekend trading above $17,000, as traders prepare for next week’s U.S. Federal Reserve interest decision. Markets now expect that the Fed could continue hiking rates, following a higher than expected increase in producer prices. Ethereum mainly consolidated on Saturday, as prices moved back towards a key price floor. Bitcoin Bitcoin (BTC) remained above the $17,000 level to start the weekend, despite crypto markets mostly consolidating. BTC/USD fell to an… Source link

Several new cryptocurrencies are gearing up to enter the cryptocurrency market, each with its promises and offerings. However, none is sparking so much interest and attracting crypto enthusiasts’ attention as Rocketize (JATO), a meme coin with high revolutionary and profit-generating tendencies. Several experts have likened the new cryptocurrency’s growth potential to that of Shiba Inu (SHIB) and Monero (XMR). This article discusses these three cryptocurrencies and why Rocketize (JATO)… Source link

Bitcoin (BTC 0.02%) may be down almost 65% for the year, but that’s not stopping some high-profile names in the finance and crypto world from putting out some incredibly bullish future price targets. For example, billionaire venture capitalist Tim Draper recently put out a $250,000 price target for Bitcoin. And he thinks it’s getting there by June 2023. Of course, Draper has been wrong before with his Bitcoin predictions. Back in 2018, he famously predicted that Bitcoin would hit $250,000… Source link

Bitcoin (BTC) maintained $17,000 support into Dec. 10 ahead of a critical week of macro data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView CPI print will make Fed “slow down” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it traded sideways after the close of trading on Wall Street. The pair looked set for a quiet weekend, with all eyes focused on United States inflation readings and policy updates due from Dec. 13 onward. With the Producer Price Index… Source link

On today’s show we’re taking a look at new research suggesting that central bank may wind up as bitcoin holders, for good reason, courtesy of Noelle Acheson, the former head of research at CoinDesk and Genesis Trading. December 10, 2022 Listen on: Source link