Bitcoin

Crypto prices have been fluctuating in both directions since the beginning of the week. No decisive trend has been able to strongly establish itself. Nonetheless, the cumulative valuation of all coins has been revolving below $1 trillion of late, shedding light on macro-weakness. Amidst the ongoing ebb and flow, funds have been shuffling within the ecosystem itself. Most flows into Bitcoin have come via the Tether route over the past 24 hours. On the contrary, injections via the fiat route… Source link

Bitcoin (BTC) charged above $22,000 on July 27 after the United States Federal Reserve enacted another major interest rate hike. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed: “Appropriate” to keep hiking after July Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reacting positively to confirmation that the Federal Open Markets Committee (FOMC) had unanimously voted to hike the Fed funds rate by 75 basis points. “The Committee seeks to achieve maximum… Source link

Text size Bitcoin just capped its worst quarter since 2011. Dreamstime Bitcoin and… Source link

Globalization + What Is Money = Bitcoin What is money? It’s one of the more popular questions of the last few years. Especially in 2020 and 2021, when the grand, new U.S. administration decided to act as if a drunken sailor had taken over the keys to the printing press. “You get money, you get money, and you get …” CTRL+P … CTRL+P … CTRL+P … So — what is money? It’s a question I asked early in my journey that started in the depths of the Great Financial Crisis (GFC). I asked… Source link

This is an opinion editorial by Adam Taha, an entrepreneur with two decades of government and corporate finance experience. The latest consumer price index (CPI) print came out at a shocking 9.1% (9.8% in cities), and many speculators expected bitcoin’s price to “moon.” What happened was the opposite and bitcoin’s price action correlated with other risk assets. Many threw an expected tantrum and asked why? “I thought BTC was a hedge against inflation … when moon?” Keep in mind… Source link

Text size Crypto prices have rallied off the bottom hit in a dramatic selloff in mid-June. Dusan Zidar/Dreamstime … Source link

Like millions of people, Michelle Milkowski bought Bitcoin and other digital currencies as the crypto industry spent millions of dollars on marketing. Kholood Eid for NPR hide caption toggle caption … Source link

Source: AdobeStock / sheilaf2002   The electric car maker Tesla has revealed that it still holds digital assets worth approximately USD 222m, after saying last week that it had sold 75% of the bitcoin it held on its balance sheet. The company has posted a USD 64m gain on the sale. The new details of Tesla’s latest bitcoin (BTC) sale and remaining holding came in a filing with the US Securities and Exchange Commission (SEC) on… Source link

Text size Crypto prices have rallied off the bottom hit in a dramatic selloff in mid-June. Dusan Zidar/Dreamstime … Source link

Bitcoin (BTC) fell to $21,000 on July 26 after it emerged that major the United States cryptocurrency exchange Coinbase was under investigation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $21,000 now “super critical” for BTC bulls Data from Cointelegraph Markets Pro and TradingView showed a swift reversion to lower levels for BTC/USD as reports emerged of fresh legal problems for Coinbase over securities trading. The U.S. Securities and Exchange Commission, Bloomberg… Source link