Real Vision CEO Raoul Pal says he believes that 2023 is going to be a positive year for risk assets and cryptocurrencies. In a new interview on the Overpriced JPEGs YouTube channel, the macro guru says he believes Bitcoin (BTC) and Ethereum (ETH) will rise in 2023, albeit with some chop and unpredictability due to policy changes from the Federal Reserve. Pal also looks at how market cycles of the past reacted to signals from the Fed. “This is how I’m framing it this time… Source link

The crypto industry may be facing a major setback as the Federal Reserve (FED) appears to be losing control of the markets. This new status quo could lead to even more hawkish measures impacting the traditional and cryptocurrency markets.  A report released on January 29 by Michael J. Kramer – founder of Mott Capital, suggests that the FED needs to “push back against the market before it’s too late.” Since the December Federal Open Market Committee (FOMC) meeting, financial… Source link

Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.” Crypto Fear Index Jumps to ‘Greed,’ Etoro Market Analyst Attributes Bitcoin’s Rise to Shift in Investor Expectations Records show bitcoin (BTC) saw significant value growth in the first month of 2023, with… Source link

Officials in New York are proposing a bill that would make a slew of prominent crypto assets acceptable forms of payment for state agencies. The bill, which was proposed last week, would make Bitcoin (BTC), Ethereum (ETH), decentralized peer-to-peer network Litecoin (LTC), and BTC hard fork Bitcoin Cash (BCH) valid forms of payments for the goods and services of New York state agencies. “Each state agency is authorized to enter into agreements with persons to provide the… Source link

Despite the crypto market conditions, crypto assets and blockchains have continued to amass new highs pushing the global cryptocurrency market forward. In today’s news, Ethereum on-chain activity recorded a new high following the crypto market revival. Various metrics under the Ethereum network have only continued to show a steady increase in the past few months. According to data from Etherscan, the total number of ETH transferred daily on the network surpassed 1 million once again in… Source link

“During the trial, some charges can drop but also, other charges can be added,” Loredan explained. “For example, if after the prosecutor goes through his phone and there’s further evidence, he might be subject to charges of money laundering or whatever else.” Source link

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last 134 days. Ethereum Classic Loses Luster After The Merge Ethereum Classic (ETC) was the center of attention… Source link

As the month draws to a close and it’s time for balance sheets, let’s take a look together at who is going up and who is going down among some of the most interesting crypto assets such as Bitcoin Cash, a fork of Bitcoin, Monero and Zcash. Analysis of the crypto assets Zcash, Monero and Bitcoin Cash January has been a golden month for many cryptocurrencies but while the early days were hinting at a miracle with the whole picture green and in some cases 50% recoveries, this past week… Source link

As the month draws to a close and it’s time for balance sheets, let’s take a look together at who is going up and who is going down among some of the most interesting crypto assets such as Bitcoin Cash, a fork of Bitcoin, Monero and Zcash. Analysis of the crypto assets Zcash, Monero and Bitcoin Cash January has been a golden month for many cryptocurrencies but while the early days were hinting at a miracle with the whole picture green and in some cases 50% recoveries, this past week… Source link

Lawyers for Sam Bankman-Fried have argued he should be allowed access to assets and crypto held by his former company FTX, saying there’s no evidence he’s responsible for previous alleged unauthorized transactions. Bankman-Fried, who resigned as FTX’s CEO in November when the crypto exchange filed for bankruptcy, is free from jail on bail as he faces multiple federal criminal charges, including conspiracy to commit wire fraud and money laundering. He has pleaded not guilty to all charges. As… Source link