Key Takeaways Federal Reserve hikes 25 bps, Bitcoin drops over 6% Bounceback in prices follow, however, as market bets on rate cuts down the line
Category: Bitcoin
Bitcoin is rallying due to interest rate forecasts, says Coinjournal’s Dan Ashmore
Key takeaways Bitcoin is trading above the $28k level for the first time since June 2022. Coinjournal’s Dan Ashmore believes that the interest rate forecasts
Magic Eden launches Bitcoin NFT marketplace
Magic Eden has launched the first fully audited Bitcoin NFT marketplace. The marletplace has integrated two non-custodial wallets to support seamless transactions. Magic Eden now
Coinbase CTO bets Bitcoin to $1M in 90 days, but I’m not sure even he believes it
Key Takeaways Former Coinbase CTO Balaji Srinivasan bet an anonymous Twitter account $1 million that Bitcoin would trade at $1 million or greater in 90
Over two-thirds of the Bitcoin supply has not moved in a year
Key Takeaways Long-term holders continue to sit on their Bitcoin stashes Two-thirds of the supply has not changed hands in the last year, despite rampant
Why is Bitcoin going up? $26K breached but there is reason for suspicion
Key Takeaways Bitcoin has surged beyond $26,000 as interest rate expectations flip Inflation reading provides further impetus as investors dream of return to lower interest
Bitcoin hits $26K as investors react to latest CPI data
Bitcoin price hit highs of $26,553 on Coinbase, with 16% upside in 24 hours. US inflation data showed CPI rose 6% in the past 12
Bitcoin price recovery at risk amid new Credit Suisse crisis
Bitcoin and other financial assets now have a Credit Suisse problem. Credit Suisse credit default swaps signal that the company could collapse. Credit Suisse stock
No, Bitcoin is still as correlated as ever with the stock market – A Deep Dive
Key Takeaways Bitcoin’s recent surge has drawn surprise as banking sector has pulled stock market down Declaring this a break in the correlation trend is
Tether and City of Lugano launch Plan Business Hub celebrating Plan’s anniversary
The Plan Initiative was launched on March 03, 2022. The main objective of the Plan was to scale Lugano’s blockchain capabilities. Tether and the City
