“The macro landscape is looking positive in my opinion,” wrote Marcus Sotiriou, analyst at the U.K.-based digital asset broker GlobalBlock in a newsletter. “I am not concerned whether there is a 50-basis point rate hike or not. What matters is how strong the consumer is. The University of Michigan consumer sentiment index is flat, showing that we do not have unanchored inflation expectations, meaning that people do not think inflation is going to run away. This was not the case in the… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Image source: Getty Images Privacy coin Monero (XMR) is up more than 85% during the past two months. Key points According to CoinMarketCap, one of the original cryptocurrency privacy coins — Monero (XMR) — is up 87% since Feb. 24. The same website shows that Bitcoin is up 18% and Ethereum is… Source link

by Analytics Insight April 19, 2022 Bitgert (BRISE) has become the best second chance for crypto investors that missed a chance on projects that have done well and made their investors rich. If you missed the chance to invest in Polygon or Litecoin, Bitgert is for you. This is a project that crypto experts say will be the next big thing. Bitgert (BRISE) provides you with a perfect opportunity to invest in a cryptocurrency that might outperform even Polygon, Litecoin, and many other large… Source link

Twitter co-founder and Block CEO Jack Dorsey tweeted harsh criticism of Ethereum over the weekend, saying that the blockchain “has many single points of failure” and projects built on Ethereum are “not interesting” to him.  Dorsey isn’t known for his Twitter timidity. Last week, he dragged the Robinhood trading app and its CEO, Vladimir Tenev. Before last Christmas, he jumped on a crypto thread by musician Cardi B to lambast Web3 venture capital firms.  Dorsey is a proud Bitcoin… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

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Text size Bitcoin prices took a big tumble on Monday but have since rebounded. Rutmer Visser/Dreamstime The… Source link

Bitcoin (BTC/USD) Analysis Bitcoin regains after massive sell-off Key Highlights BTC regained above $40,000 after a massive sell-off. The pair was one of the worst performers this month and lost more than $10,000 following in the footsteps of U.S. stock markets. Technical Analysis Intraday trend – Bearish On the daily chart, the pair is trading below Tenken-Sen ($40,998), Kijun-sen ($43,390), and Ichimoku Kumo cloud ($41,363). Bitcoin hit an intraday high of $41,250 and is currently trading around… Source link