Cryptocurrency Insight
Bitcoin price is currently struggling after coming off a turbulent weekend. Most of the digital asset’s reaction was in regards to the FOMC meeting taking place from May 2nd to 3rd, at the end of which the CPI data will be released. As with previous Read More
The Bitcoin and cryptocurrency market is poised to be the biggest week of 2023 so far. While all eyes are on Wednesday’s Federal Open Market Committee (FOMC) meeting, this week is once again filled with crucial macroeconomic data. Add to that the still unresolved situation Read More
The crypto market has slowed down significantly over the past week and digital assets in the space are suffering as a result. However, while times like these can be disheartening for investors, they also present a unique opportunity to enter the market at low, favorable Read More
The Bitcoin and crypto market is experiencing a sharper correction since last Wednesday, shaking the bullish sentiment of the last few weeks. Although Bitcoin’s 1-week chart still looks very bullish, as long as the price remains above $25,000, the market is close to the critical Read More
The Bitcoin and crypto market is facing a “bull vacuum” in the short term. In the wake of significantly lower than expected inflation numbers (CPI and PPI) and the long-awaited pivot of the Federal Reserve in the US, Bitcoin price managed to continue its upward Read More
A soon-to-debut Bitcoin index futures received approval of the Argentine securities regulator. According to reports, the Bitcoin futures index will be launched in May on the Matba Rofex exchange. the exchange agency as the first regulated Bitcoin futures in Latin America. The Argentine securities regulator, Read More
Bitcoin and crypto markets saw a strong weekly close. Bitcoin price surged straight up towards the current key resistance at $28,600. After seven failed attempts, this puts the price back just below the current key level separating BTC from $30,000. A powerful price move will Read More
The week ahead once again contains important economic data and events for the Bitcoin and cryptocurrency market that traders should be following. Last week, Bitcoin hit a new yearly high of $28,921 before US Federal Reserve (Fed) Chairman Jerome Powell ended the rally with his Read More
Due to the insolvency of several US banks and the ongoing liquidity problems of reportedly over 186 US banks, as well as UBS Bank’s acquisition of Credit Suisse, Bitcoin and cryptocurrencies are more bullish than ever. On Sunday, Bitcoin price peaked at over $28,400. Some Read More
In recent days, Bitcoin investors and traders have faced strong profits, resulting in a slight drop in the global cryptocurrency market cap. Adding to the fear, uncertainty and doubt were the previous collapses from cryptocurrency banks Silvergate and Signature, as well as venture capital bank Read More