Search Results for "mike ermolaev"
Ebullient Market Reaction to Less Aggressive Fed; ETH Is Most Wanted Before the Merge
With the Federal Reserve raising interest rates by 0.75 percentage points for the second consecutive time in an effort to contain runaway inflation, Bitcoin, in line with all markets, responded in a positive manner. Despite the 75 BPS rise, market participants did not view it negatively. High inflation had already fueled speculation of an entire percentage point hike before the central bank’s meeting. A benchmark overnight borrowing rate of 2.25%-2.5% is currently at its highest since December 2018.
ChangeNOW Adds NFT Functionality to Its NOW Wallet
ChangeNOW announced that it has added an NFT section to its NOW Wallet. Users can now browse, receive, send, and store their NFT collections seamlessly right from their fingertips.
Bitcoin Whales Keep Buying the Dip in a Panicky Market
The price of Bitcoin fell below the psychological threshold of $30K, scaring investors. It was preceded by the loss of the dollar peg by UST's stablecoin and the Luna crash.
What Is the Impact of Fed's Rate Hikes on Bitcoin?
A forty-year high US inflation rate, skyrocketing energy prices, and indications that the US economic recovery may be damaged by the effect from sanctions against Russia over its invasion of Ukraine allpoint to much-feared stagflation – a precursor to recession.
Is Crypto's Correction Nearing Its End? Top DeFi Coins To Watch in February
Is Crypto's Correction Nearing Its End? Top DeFi Coins To Watch in February
The Metaverse: A New Virtual World to Live In?
The metaverse is here to stay. The digital transformation that's currently taking place is seen as the next big development in the evolution of the internet.
Breaking: French Montana Unveils Plans to Revolutionize Music & Crypto with Web3, NFTs, and Metaverse
An exclusive interview with three-time grammy-nominated recording artist French Montana, touching upon his upcoming NFT collection. The interview taken in Crypto Opinion with Mike Ermolaev series
Bitcoin Is About to Break Out and Rally & Top Monthly Gainers
With lackluster trading, Bitcoin is struggling to hold above the $47K resistance level. Speculation regarding a recession has brought down BTC 1% over the past week, as the yield curves of the 30-year and five-year Treasury yield curves inverted for the first time since 2006. Inversions have historically preceded recessions.
The Luna Crash Might Have Been Intentional. Here Is Why
Despite the fact that there is no direct evidence of who was responsible for the crash or if it was in fact intentional, it is clear that someone made a killing when it happened, while ordinary traders and retail investors suffered losses that were extremely severe.
The Crypto Market Accumulates BTC, But Lacks Catalyst for Explosive Rise. Top DeFi Losers
The Crypto Market Accumulates BTC, But Lacks Catalyst for Explosive Rise. Top DeFi Losers
The ECBs digital euro is on its way. How will it affect crypto?
Governments reject the concept of decentralization, claiming that cryptocurrencies are unreliable, unsafe, and therefore shouldn't be used. Instead, they advocate centralized CBDCs. Those motives are understandable; cryptocurrencies allow citizens of a country to bypass capital controls imposed by their government. The elimination of intermediaries might destabilize existing financial infrastructures, which is why governments are taking these steps.
Global Markets, Economy Are Collapsing. But It's Not All Disaster
The Federal Reserve's main mission is to ensure full employment and price stability. In the shadow of unprecedented inflation, Federal Reserve Chair Jerome Powell has a grim choice to make: let the economy slide into recession or restore price control.