Market
Bitcoin Bleeds as Celebrations about Interest Rate Hike Becoming Short-Lived
After hitting the $40K level as Fed’s interest rate hike made airwaves on May 4, Bitcoin finds itself on the receiving end because it has sunk to a two-month low.
Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking
The $38K to $40K zone of Bitocin is proving to be a hard nut to crack in the market. Nevertheless, BTC whales have been accumulating heavily in this area.
Social Discussion on Ethereum Hit a 2-Month High, Active Addresses Scale the Heights
Ethereum’s social volume and dominance reached levels last seen in February based on significant discussions about the second-largest cryptocurrency.
More Than 1,000 Crypto Deals Sealed for Venture Capital Firms, Worth $17bn in 2022
Venture Capital (VC) firms continue penetrating the crypto sector, given that they have pumped in $17 billion so far this year.
MicroStrategy Holds over 129K Bitocins, Data Shows
Data shows MicroStrategy holds over 129,00 Bitcoins (BTC) with a total value of approximately $5.8 billion.
Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism
Ethereum was up by 19.24% in the last seven days, which is nearly twice Bitcoin's surge during the same period of time.
Ethereum Needs to Hold $2,800 for Sustainable Bullish Momentum
With Ethereum being treated like a stone's throw away from the psychological price of $3,000, its upward momentum continues to gain steam.
Federal Reserve Chair Powell Sees Interest Rate Hike this Month
Mr. Powell reiterated that the US Federal Reserve is preparing to increase interest rates this month, despite the uncertainty of Ukraine crisis remain.
Bitcoin Breaches the $43K Level, despite FUD Hits 16-Month High
After plummeting below the psychological price of $40K based on the ongoing Russia’s invasion of Ukraine, Bitcoin (BTC) is back to winning ways after breaching the $43K and briefly topping $44,000.
Bitcoin Eyes Forming a Weekly Higher Low, What Does This Mean?
A pullback to the $40,000 level reignited the formation of a higher low on the weekly chart.