Bitcoin Spot Trading Volume Surges Up 46% In Past Week –
Data shows the Bitcoin spot trading volume has surged up 46% in the past week, as a result of the latest rally in the price of the crypto.
Data shows the Bitcoin spot trading volume has surged up 46% in the past week, as a result of the latest rally in the price of the crypto.
U.S. Federal Reserve chairman Jerome Powell said in the FOMC press conference the Fed is strongly committed to restrict inflation. He said that at some point down the line, it will become appropriate to slow pace of rate hikes. “Without price stability, the economy does not work for anyone.” Thanks to the fourth straight 75 basis-point interest rate increase, the crypto prices turned green while Bitcoin showed slight bullish momentum following the Fed announcement. As of writing, Bitcoin price stands at...
Bitcoin FOMC Meeting November 2022 Live Updates: As the crypto market awaits the U.S. Federal Reserve FOMC meeting on policy decision, Bitcoin (BTC) is currently displaying sideways movement. The Fed is more likely to go for yet another 0.75% interest rate hike than approving a 0.50% rise. In the last one week, the cryptocurrency market has been on a bullish momentum in an otherwise bearish crypto cycle. Elon Musk‘s official taking over of social media platform Twitter led to huge...
At the recent Plan B Forum in Lugano, Switzerland, Bitcoin-only startup Synonym launched the beta version of a highly impressive non-custodial Bitcoin wallet called Bitkit. Synonym, which is owned by Tether Holdings, says on the landing page of its website, that it is “cultivating a Bitcoin future by...
On Tuesday (1 November 2022), Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (nasdaq: MSTR), talked about Bitcoin’s Lightning Network during his firm’s Q3 2022 earnings call. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. MATIC’s recent bearish comeback aided sellers in breaking down from its rising wedge setup. The crypto’s social dominance and open interest unveiled a slight bearish edge. The recent buying efforts pushed Polygon [MATIC] again above the constraints of the daily 20 EMA (red) and the 50 EMA (cyan) as the price traced its way to test the $0.94-$0.93 resistance range. Here’s AMBCrypto’s Price Prediction for...
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Market participants from traditional and crypto markets had a close eye on the FOMC meeting results. Another 75 bps hike (0.75%) was expected as the Federal Reserve seeks to fight inflation. This could see Bitcoin mirror major stock indices in the short term in the next few days. Here’s AMBCrypto’s Price Prediction for Binance Coin [BNB] in 2022-23 Traders might want...
Mercado Pago, the bank of Mercado Livre, the largest marketplace in Latin America, is now looking to expand the platform’s cryptocurrency trading to Mexico, as reported by local media. Mercado Libre, listed on the Nasdaq, launched in 2021 an integration with Bitcoin and the cryptocurrency market. The company...