Old Bitcoin mining rigs risk ‘shutdown’ after BTC price slips under $24K
New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%. Go to Source Powered by WPeMatico
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Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
Global financial markets and crypto sold-off after today’s 8.6% CPI print showed inflation remains a persistent challenge. Go to Source Powered by WPeMatico
American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency
Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat currency decline in value, but Russia’s ruble has done the exact opposite. Russia’s Ruble Outshines … Read more
CeFi interest on the wane: Will BlockFi, Ledn and Nexo rates trend lower?
Cointelegraph spoke to CeFi leaders to understand where interest rates are going and what the future holds for CeFi. Go to Source Powered by WPeMatico
‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week
A bullish reversal into the new week rapidly gains attention but sober analysts predict that this is just another relief bounce. Go to Source Powered by WPeMatico
Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates
The Federal Reserve’s steady interest rate hikes have put stocks and crypto into bear market territory, but analysts worry about what happens if inflation still remains out of the “target range.” Go to Source Powered by WPeMatico
Dollar Cost Averaging or Lump-sum: Which Bitcoin strategy works best regardless of price?
A dollar invested into Bitcoin every month since December 2017 has provided investors a cumulative return of $160. Go to Source Powered by WPeMatico
Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
Ether could continue dropping against the U.S. dollar in a high interest-rate environment. Go to Source Powered by WPeMatico
Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to protect the nation’s currency as the Bank of Russia revealed a fixed price for gold and rubles. Furthermore, after pegging the fiat currency to gold, … Read more
Avalanche price can double by summer as AVAX’s 20% weekly rally rekindles ‘bull flag’
But a near-perfect correlation between Avalanche and Bitcoin so far this year could spoil the bullish outlook. Go to Source Powered by WPeMatico
