Dotmoovs (MOOV) price is soaring and it’s up 228% today: what is fuelling the uptrend?
Several metaverse cryptocurrencies have been bullish as the crypto market traded sideways this week and one of the coins namely Dotmoovs (MOOV) has rallied by more than 228% today. At press time $MOOV was trading at $0.02192 up 228.72% having hit a daily high of $0.02528. It has a trading volume of $6,725,055 and a […]
Why did WAVES price rise by 60% today?
WAVES token has shaken the entire crypto market by rallying over 60% in the last 24 hours. Its latest price surge has made it become the 32nd largest cryptocurrency by market cap surpassing Axie infinity (AXS) and Decentraland (MANA). At the time of writing, WAVE is trading at $52.44, up 63.13% after hitting a high […]
Inflation Worries Top Concerns Before Fed Meeting, Spur Musk Comment
“USD consumer inflation will continue near all-time highs, and asset inflation will run at double the rate of consumer inflation. Weaker currencies will collapse, and the flight of capital from cash, debt, & value stocks to scarce property like bitcoin will intensify,” Saylor tweeted in response to Musk’s inflation query late Sunday.
Dogecoin Spikes Briefly After Musk Says He Won’t Sell His Crypto Holdings
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First Mover Asia: South Korea Election Made Crypto a Big Issue, but There’s No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
Since Russia began its unprovoked attack, bitcon, has risen and dipped within the $37,000 to $45,000 price range that it entered in late January. “It’s been another range-bound, indecisive week for Bitcoin and the crypto markets where the market leader has failed to make any meaningful headway on the upside,” wrote Joe DiPasquale, the CEO […]
Bitcoin: Gold 2.0? Try Reserve Asset 3.0
From there, Bretton Woods II was born, where the dollar still dominates, but in a system that mostly uses “inside money.” Inside money is made up of claims that are someone else’s liability, while outside money is the type of money that is the liability of no one. In other words, the money system became […]
Polychain, Arca Propose Anchor Protocol Yield Cut
Backed by industry heavyweights, a governance proposal for Anchor aims to make the largest DeFi protocol on Terra more sustainable.
Market Wrap: Cryptos Mixed Amid Global Uncertainty
Ether (ETH), the world’s second-largest cryptocurrency by market capitalization, is down 20% over the past 30 days, compared with a 12% drop in BTC over the same period. The underperformance of ETH and several other alternative cryptocurrencies (altcoins), which are more volatile than BTC, indicates a lower appetite for risk among crypto investors.
Bitcoin Weighed Down by Resistance; Support at $35K-$37K
Meanwhile, higher price lows from Jan. 23 have kept BTC anchored above $37,000 support in recent months. A series of higher price lows and strong overhead resistance, however, typically results in a breakout or breakdown in the direction of the prevailing trend. In this case, BTC’s downtrend could resume with higher volatility.
Fed’s Powell Set to Remove Punch Bowl That Lubricated Crypto Party
“Our assumption is that the updraft in commodity prices will diminish into mid-year, and base effects will finally allow an emerging downtrend in the year-over-year inflation metrics,” Englund told CoinDesk in an email. “This should diminish pressure on the Fed to address inflation, and should allow for quarter-point hikes at just every other meeting, leaving […]