US debt ceiling crisis strengthens case for cryptocurrencies
Published by City AM By Darren Parkin The US Treasury Secretary Janet Yellen has said the United States would likely hit its $31.4 trillion debt ceiling on Thursday. This, to me, further strengthens the case for Bitcoin and cryptocurrencies. The…
Bitcoin Price Lacks Momentum To Rally Beyond $21,500 – Is it a Bear Trap? Here is Up Close AnalysisÂ
The post Bitcoin Price Lacks Momentum To Rally Beyond $21,500 – Is it a Bear Trap? Here is Up Close Analysis appeared first on Coinpedia Fintech News Bitcoin price has experienced a strong resistance of around $21k after rallying over…
Unregulated Crypto Exchanges Will “Go to Zero,†Says Kevin O’Leary
The post Unregulated Crypto Exchanges Will “Go to Zero,†Says Kevin O’Leary appeared first on Coinpedia Fintech News Despite his involvement in the downfall of FTX, which he sponsored for financial gain, Kevin O’Leary, the venture capitalist, is once again…
Bitcoin and wider crypto markets take a breather
Published by City AM By Darren Parkin The green candle party of the last two weeks lost steam yesterday as Bitcoin recorded its first noteworthy drawdown in a while. The largest crypto by market cap is trading for $20,789 this…
The FTX Crisis: Bankman-Fried Under Fire For Fund Mismanagement
The post The FTX Crisis: Bankman-Fried Under Fire For Fund Mismanagement appeared first on Coinpedia Fintech News A report has surfaced that details communications between the United States and Bahamian officials regarding investigations into FTX. The report indicates that officials…
Crypto Market Analysis: This is What You Can Expect From Bitcoin (BTC) Price in the Next 48 hours!
The post Crypto Market Analysis: This is What You Can Expect From Bitcoin (BTC) Price in the Next 48 hours! appeared first on Coinpedia Fintech News As the majority of altcoins have risen above critical resistance, the crypto space is…
Crypto market news today: Why Rocket Pool is down 17.1% in last 24 hours as Bitcoin moves -2.1%
Published by City AM By James Davies The value of Rocket Pool has slumped 17.1% in the past 24 hours as fears of insider trading coincide with the announcement of the currency’s listing on crypto exchange Binance. Just 10 minutes…
S&P 500 – More Hopium
Published by ValueWalk Both S&P 500 and real assets welcomed the BoJ not giving ground, which translates into more money creation in defence of JGB yields, with USD consequences (no relief rally just yet, no). Likewise the incoming data didn‘t…
The Recent Bitcoin Rally – Commentary
Published by ValueWalk The Recent Bitcoin RallyThe recent crypto rally represents the dissipation of investor anxieties caused by the FTX collapse and a shift towards renewed investor confidence and interest in bitcoin. Q4 2022 hedge fund letters, conferences and more…
Binance Completes 22nd Token Burn, Removes $620 Million Worth Of BNB From Circulation
The post Binance Completes 22nd Token Burn, Removes $620 Million Worth Of BNB From Circulation appeared first on Coinpedia Fintech News In a recent tweet, Binance announced that it has completed its 22nd BNB burn and first quarterly burn of…