Ether price in 7-month decline amid ‘L1 wars,’ says analyst
“Solana is the biggest slap in the face” for Ether maximalists due to its monolithic scalability approach, according to the analyst. Go to Source
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Bitcoin poised for volatility ahead of US interest rate decision: Analysts
The Fed is expected to deliver its first interest rate cut since the pandemic, which could introduce more volatility before the next Bitcoin leg up. Go to Source
Goldman Sachs lowers US recession risk to 20%, what it means for Bitcoin
Goldman Sach’s economists said the Federal Reserve could also cut rates next month, and analysts say this could be welcomed by Bitcoin traders. Go to Source
New York DA’s Office Hiring Full-Time Crypto Analyst for Cybercrime Bureau
The New York County District Attorney’s Office is hiring a full-time cryptocurrency analyst for its Cybercrime and Identity Theft Bureau. This role involves analyzing cryptocurrency theft complaints, conducting blockchain transaction analyses, and providing expert testimony. NY District Attorney Seeks Cryptocurrency Analyst The New York County District Attorney’s Office has put up a job posting for … Read more
Bitcoin return to $73K could be a start to ‘escape velocity’ phase
A return to the $73,000 price range for BTC will likely be met with short-term holder resistance but could also mark a turning point for the asset. Go to Source
Coinbase stock will be ‘weighed down’ until US rules are clear: Citi
The investment bank downgraded Coinbase stock to “Neutral” amid the exchange’s ongoing battle with U.S. regulators. Go to Source Powered by WPeMatico
Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. … Read more
Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting
Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023, the Federal Open Market Committee (FOMC) is set … Read more
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate are intended … Read more
Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest
According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the funds were spent by SBF, it goes against the court’s release conditions that note the former FTX executive is not allowed to spend more than … Read more
