Bitcoin macro bottom ‘not in yet’ warns analyst as BTC price holds $30K
The worst is yet to come for Bitcoin price performance, multiple sources warn, despite the turmoil at Terra slowly passing. Go to Source Powered by WPeMatico
Stocks
Auto Added by WPeMatico
Bitcoin gains superior to stocks in the long term, economist says
Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree. Go to Source Powered by WPeMatico
Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake
Shares in the popular online brokerage Robinhood have spiked over 30% in after hours trading following billionaire Sam Bankman-Fried acquiring a 7.6% stake in the company. Go to Source Powered by WPeMatico
3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry
BTC price is in a freefall and data suggests bears plan to keep the price below $30,000 until the May 13 options expiry. Go to Source Powered by WPeMatico
ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market. Go to Source Powered by WPeMatico
Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip
Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further downside could occur shortly. Go to Source Powered by WPeMatico
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days, and major stock market … Read more
Pro traders adopt a hands-off approach as Bitcoin price explores new lows
Charts suggest BTC price will dip below $30,000, and derivatives data shows options traders becoming increasingly worried. Go to Source Powered by WPeMatico
First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week
Clouds on the horizon grow nearer as markets prepare for more inflation cues this week. Go to Source Powered by WPeMatico
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession that followed the 2008 Financial … Read more
