Data analyzed by CryptoSlate suggests the strong correlation between Bitcoin and gold could mark the start of a price run-up, depending on whether the Fed’s hiking schedule is done by March. The Federal Open Market Committee (FOMC) meeting is set to conclude on Feb. 1, with the market overwhelmingly expecting a 25 basis point hike, …
Continue reading “Research: Bitcoin price expected to jump on hopes FOMC rate schedule tops out”
Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations. Elon Musk’s Plan for Twitter Payment System Advances, Adding Cryptocurrency Later …
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 …
press release PRESS RELEASE. Today it was announced that Unbanked, the leading provider of white-label crypto card issuance and program management service for Web3 companies has partnered with Mastercard, to accelerate DeFi card issuance in Europe. Mastercard and Unbanked have already established a footprint in the United Kingdom and Europe and solidified relationships with leading …
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 …
A popular analyst is warning that the recent strength in risk assets is likely setting the stage for a brutal bull trap. In a new YouTube strategy session, crypto analyst Nicholas Merten tells his 511,000 subscribers that the stock and crypto markets probably have a little more room to run before they lure in unsuspecting …
The Biden Administration has revealed a roadmap that it plans on using to tackle the various risks associated with the proliferation of cryptocurrencies and digital assets. In a new announcement, Biden’s officials say they have spent the “past year identifying the risks of cryptocurrencies and acting to mitigate them using the authorities that the Executive …
Digital assets manager CoinShares says large institutional investors are pouring money into Bitcoin (BTC) at rates not seen in the last six months. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors are pouring money into the digital asset markets after a long dry spell. “Digital asset investment products saw …
United States prosecutors in the criminal case against former FTX chief executive officer Sam Bankman-Fried have released text and email messages from SBF to current CEO John Ray. In court documents for the Southern District of New York released on Jan. 30, the Justice Department responded to a motion from Bankman-Fried’s legal team attempting to …
Continue reading “Justice Dept defends motion to bar SBF from accessing FTX, Alameda assets”
Traders tend to lighten up positions before important events because they hate uncertainty. The United States Federal Reserve’s policy decision is on Feb. 1, where the central bank is expected to hike rates by 25 basis points. Market observers will keenly watch for any hints about how high the rates could go. That could be …
Continue reading “Price analysis 1/30: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT”
Even though this winter continues to stress test the case for Bitcoin (BTC) advocation, some lawmakers strive to put their names on the crypto hot list among the likes of United States Senators Cynthia Lummis and Pat Toomey. State Senator Wendy Rogers, 68, introduced two bold bills in the Arizona legislature. One focuses on making …
New York State’s Department of Financial Services is reportedly investigating cryptocurrency exchange Gemini over claims the firm made in regards to assets under its Earn lending program. According to a Jan. 30 report from Axios, the “New York State agency that regulates Gemini” — the Department of Financial Services handles firms falling under the states’ …
Continue reading “New York financial regulator investigates Gemini over FDIC claims: Report”
The Bitcoin price prediction is consolidating and seems to be preparing for the next move below the 9-day and 21-day moving averages. Bitcoin Prediction Statistics […] Go to Source
The bankruptcy court has approved BlockFi’s request to set up the auction for its mining equipment. Potential buyers will have till 20 February to submit their bids. The crypto lender has already received initial bids for various assets. All deals made during the auction will be subject to approval from the bankruptcy court. BlockFi has …
Continue reading “BlockFi Gets The Nod To Accept Bids For Crypto Mining Business”
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 …
