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Regulatory uncertainty and tighter monetary policies continue to weigh on BTC price, but data shows bulls are attempting to provoke a reversal. Go to Source Powered by WPeMatico
Derivatives analysis suggests that ETH will continue to bounce around in the $3,300 to $3,600 range for the short-term. Go to Source Powered by WPeMatico
Derivatives data suggests that sentiment-wise, pro traders are still neutral on Bitcoin’s price prospects ahead of Friday’s $750 million options expiry. Go to Source Powered by WPeMatico
Key BTC trading metrics are sitting on the edge of the “worst outcome” scenario, suggesting that the current sell-off is far from over. Go to Source Powered by WPeMatico
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC … Read more
Bitcoin, altcoins and stocks rallied shortly after the Fed laid out its policy roadmap for 2022, but bears still have an advantage in this week $755 million options expiry. Go to Source Powered by WPeMatico
Commentators brace for upheaval as Fed officials prepare to reveal future financial policy moves. Go to Source Powered by WPeMatico
On Tuesday, SEC Chair Gary Gensler re-confirmed his plan to crack down on cryptocurrencies, and traders’ regulatory concerns are confirmed by this key Bitcoin futures and options indicator. Go to Source Powered by WPeMatico
Members of the U.S. Federal Reserve discussed the possibility of economic measures and actions at the Federal Open Market Committee’s (FOMC) meeting on Wednesday. The Fed said that right now the central bank is not considering cutting back large asset purchases just yet, and the central bank also plans to keep interest rates at near-zero. … Read more
The two cryptocurrencies appear directionless after correcting in sync lower from their monthly highs. Go to Source Powered by WPeMatico
