IMF Division Chief and Deputy Managing Director Call for Swift Regulatory Action to Avoid Crypto Contagion to Legacy Finance
17:30 Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread
Bitcoin volatility drops to six-year lows as the altcoin season ascends As the crypto market recovers with the start of 2023, bitcoin’s (BTC) volatility drops to six-year lows. The index shows that the largest cryptocurrency’s price fluctuates just over 1%, per a 30-day estimate. According to the BTC Volatility Index, the last time bitcoin’s volatility dropped below the 1% level was in October 2016, over six […]
Consumers are crypto-curious —one in five own digital currency: Accenture Over the last year, the crypto space has endured lasting market volatility and scandals, which have negatively affected consumer trust in the industry. However, an end-of-the-year report from Accenture revealed that consumers are still holding crypto - and for the long term. According to Accenture’s 2022 Global Consumer Payments report, while many consumers still prefer […]
Is Crypto Volatility Over for 2022? Over the past few weeks, many crypto analysts have claimed that the prices of the world’s largest and most mainstream assets have become “boring” in many ways. Bitcoin, for example, has seen a real dip in its volatility over the past month or so, and the asset continues to hover at around $20K. Sometimes it’s […]
Why are institutions accumulating crypto in 2022? Fidelity researcher explains Institutions' investment in crypto has increased in 2022 despite the bear market, according to a recent survey by Fidelity Digital Assets. In particular, the amount of large investors betting on Ethereum have doubled in the last two years, as revelead by Chris Kuiper, the Head of Research at Fidelity Digital Assets in a recent interview with Cointelegraph. […]
Is Volatility In The Bitcoin Price Coming Soon? The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Lack Of Volatility One of the concerning dynamics in the market right now that we want […]
Bitcoin Is A Safety Net When Fiat Currencies Collapse Watch This Episode On YouTube Listen To The Episode Here: In this week’s episode of “Bitcoin Bottom Line,” hosts C.J. Wilson and Josh Olszewicz discuss current worldwide events. Wilson discusses how bitcoin has recently been a safety net. Olszewicz states, “Currencies appear to be collapsing on the government's management. Japan and England have been a […]
BTC Whale Transfers $940 Million Out of Coinbase — 3 Batches of ‘Sleeping Bitcoins’ From 2011 Move On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s summary of the situation, a large portion of the funds were old coins. Whale Transfers 48,000 Bitcoin Amid Coiled Market While bitcoin (BTC) has been trading under […]
Where Will The Bitcoin Price Bottom? The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. CPI Volatility Doesn’t Disappoint In the last article, we highlighted a potential for CPI to surprise […]
Preparing For The CPI Reading: Market Braces For Volatility The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Markets Prepare For CPI Surprise The U.S. Producer Price Index (PPI) data was released on October […]
BTC to outperform 'most major assets' in H2 2022 — Bloomberg analyst Senior commodity strategist at Bloomberg Intelligence, Mike McGlone, stated October has historically been the best month for Bitcoin (BTC) since 2014, averaging gains of about 20% for the month, and that commodities appearing to peak could imply that Bitcoin has reached its bottom. In an Oct. 5 Bloomberg Crypto Outlook report, McGlone says while the rise […]
Expecting Volatility In An Uncertain Market The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Word Of The Day: Volatility Are you prepared for increased volatility? It’s common for markets to […]
Bitcoin Volume Spikes With Market Uncertainty In The UK The below is a direct excerpt of Marty's Bent Issue #1269: "Interesting reaction out of the U.K." Sign up for the newsletter here. via Coinshares Here's a chart that has been lingering in my mind throughout the week. It was shared by the team from Coinshares and highlights bitcoin trading volume in the U.K. earlier […]
Good Luck Trying To Time The Bitcoin Price Watch This Episode On YouTube Listen To The Episode Here: In this week’s episode of “Bitcoin Bottom Line,” hosts C.J. Wilson and Josh Olszewicz discuss how to survive in choppy markets. There is currently a large amount of volatility in the Bitcoin space which could be unsettling for new users. Wilson explains, “If your first […]
7 DeFi Risks You Should be Aware of According to CoinShares Source: AdobeStock / Eigens Risks are inherent to all financial sectors, and decentralized finance (DeFi) is no exception. The most common forms of financial risk in traditional finance (TradFi) include credit risk, liquidity risk, asset-backed risk, foreign investment risk, equity risk, and currency risk. While some of these risks may be present in DeFi, the […]
Magic Internet Money token depegs as Terra (LUNA) domino effect persists Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1 value amid an untimely crypto winter. The sudden de-pegging of the MIM token commenced roughly on June 17, 7:40 pm ET, which saw the token’s price drop to $0.926 in just three hours. Terra’s […]
Fed Has ‘Limited Firepower’ for Rate Hikes, Current Expectations Already Priced in for Bitcoin - CoinShares Source: AdobeStock / oatawa The US Federal Reserve (Fed) has “limited firepower” to raise interest rates due to high oil prices and a threat of recession -- and this could lead to higher bitcoin (BTC) prices, the crypto research and investment firm CoinShares has said. Meanwhile, others also remain positive for the long-term, saying bitcoin’s […]
Bitcoin derivatives suggest high volatility lies ahead, Glassnode says Bitcoin has traded in a narrow range in the $37k-$42k region to suggest higher volatility lies on the horizon. BTC price is up 3.8% in the past 24 hours, currently around $42,625 per coin. Bitcoin is likely to see increased volatility in the near term, analytics platform Glassnode said in its March 21 issue of […]
Crypto-backed cards usage is growing rapidly regardless of volatility, says i2C’s McCarthy i2c saw a 500% jump in crypto-linked card issuance and a 600% surge in transaction volume, McCarthy told CNBC’s “Squawk on the Street.” He says the average daily transaction volume stands at $60 million, with volatility not a major impact on everyday spending. i2c Inc. president Jim McCarthy says the firm continues to see tremendous […]
Queenie Tan Discusses How to Invest in Crypto Carefully Queenie Tan is a finance expert and social media influencer stationed in Sydney, Australia. In a recent video she posted online, Queenie talks about how to purchase cryptocurrency and some of the things people should do to protect themselves when investing. Queenie Tan Discusses Crypto in New Video In a detailed video message to all […]
