Bitcoin (Magic Internet Money!) Again Proves Less Volatile Than Stocks

After the smattering of U.S. central bankers who set the Federal Reserve’s interest-rate benchmark met last week, the smattering issued a press release that outlines their new monetary policy (raising rates by 75 basis points). Then Powell, who leads the smattering, speaks at a press conference, giving introductory remarks before he answers questions from financial journalists. In our modern era of information overload, the market tends to react to the press release and then to the… Source link

Read More »

Ethereum: Will Buterin’s latest roadmap have ETH climbing up the crypto ladder 

As of 5 November, Vitalik Buterin tweeted the ‘updated roadmap diagram’ depicting the changes in store for Ethereum [ETH]. As can be witnessed, changes were made to The Verge and Scourge segments of the roadmap.  Updated roadmap diagram! pic.twitter.com/MT9BKgYcJH — vitalik.eth (@VitalikButerin) November 4, 2022 ___________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum [ETH] for 2022-2023

Read More »

What do the Long-Term Technicals Predict for Monero Classic (XMC) Sunday?

Monero Classic receives an average long-term technical score of 56 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMC currently holds a superior long-term technical… Source link

Read More »

Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes

Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks. In his latest blog post, “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the impact of the CBDC “horror story.” Hayes: Bitcoiners and banks stand against CBDC “dystopia” CBDCs are currently in various stages of development worldwide. Fans of financial sovereignty naturally fear and even despise them, as they imply… Source link

Read More »

Watch Out for Cryptos Including Solana, Helium and Litecoin By CoinEdition

Watch Out for Cryptos Including Solana, Helium and Litecoin By CoinEdition

© Reuters Watch Out for Cryptos Including Solana, Helium and Litecoin SOL’s price saw a surge after Google (NASDAQ:) announced its association with the network. The increased hash power for a PoW cryptocurrency, makes (LTC) bullish too. Solano’s android phone will use Helium’s network, making HNT look bullish too. The week ended on quite an eventful news as the big tech firm, Google announced its association with network on Twitter. Hence, we compiled a report on why one must… Source link

Read More »

Bitcoin Price Correlated With Financial Markets – Bitcoin Magazine

This is an opinion editorial by Mike Ermolaev, head of public relations and content at Kikimora Labs. Setting The Context: Global Economy Fundamentals The economy is still recovering from the COVID-19 outbreak as new problems arise. We are now in a time of rampant inflation with central banks trying to remedy that by raising interest rates. The U.S. CPI data (consumer price index), released on October 13, came in higher than expected (8.2% year-over-year), negatively impacting the bitcoin… Source link

Read More »

Why is Bitcoin price up today? By Cointelegraph

Why is Bitcoin price up today? By Cointelegraph

Why is Bitcoin price up today? price is up on Nov. 4, and a market-wide rally in crypto prices suggests that Bitcoin (BTC) , (BNB) and Ether (ETH) are starting the month of November in the black. Bitcoin and the market are fighting back after the Federal Reserve’s Nov. 2 announcement of a 0.75 basis point interest rate hike which at first had a positive impact on equities and cryptocurrency markets, then led to a market downturn. BTC price. Source: Cointelegraph Crypto market… Source link

Read More »

Crypto Whale Moves $1.58B In Bitcoin, Where The BTC Is Now Being Stored

Crypto Whale Moves .58B In Bitcoin, Where The BTC Is Now Being Stored

According to data shared on Blockchain.com, a cryptocurrency whale has moved crypto from a wallet that had accumulated over 74,105 Bitcoin (CRYPTO: BTC) worth over $1.58 billion. The BTCs were moved to wallets of unknown origin. In a separate transaction, the whale moved 50,562 BTC, worth nearly $1.08 billion; in another transaction, 23,542 BTC were moved, worth about $505 million. In a series of large transactions, the whale moved 4,000 BTC, 10,000 BTC, 10,000 BTC, 10,000 BTC, 9,642 BTC,… Source link

Read More »

Consider Buying Low-Cost Rocketize Token, Solana, And Monero for your portfolio

Many cryptos, including Solana (SOL) and Monero (XMR), have achieved tremendous cryptocurrency market success thanks to their innovative features. If you seek to have a profitable crypto journey with the best low-cost cryptos, Solana (SOL) and Monero (XMR), alongside the new meme token Rocketize Token (JATO), are worth buying. Rocketize Token (JATO) is gearing up for a grand entry into the cryptocurrency market, and crypto enthusiasts are optimistic that it will… Source link

Read More »