The U.S. dollar’s decline has gained significant momentum this week, as mounting evidence suggests a cooling in inflationary pressures. The ICE U.S. Dollar Index, a widely followed measure of the currency’s performance against a basket of six major rivals, is now on track to reach its lowest level in over
The USD/JPY currency pair experienced a slight retreat, declining by 0.1% to reach 144.64 after briefly surging to a high of 145.07 during early Asia trade. This surge marked the pair’s lowest point in over seven months. While the temporary recovery provides some relief, it remains overshadowed by the currency
Introduction: The cryptocurrency market is always in a state of flux, with prices rising and falling rapidly. One of the most prominent cryptocurrencies, Ethereum (ETH), is currently going through a period of consolidation, with holders and bulls fighting to defend critical support at $1,680. In the coming weeks, Ethereum’s Shanghai
Introduction: Bitcoin (BTC) price has been on a rollercoaster ride in the past few weeks. After hitting an all-time high of $64,000 in April 2021, the digital currency has seen significant fluctuations in its value. Last week, BTC gained over 28%, bringing renewed optimism among traders. However, this bullish momentum
Introduction Bluntz_Capital, a renowned crypto analyst who gained fame for timing the 2018 Bitcoin bottom accurately, believes that Ethereum alternatives and rival altcoins could yield significant gains in the short term. The expert has identified two top picks – Fantom (FTM) and Frax Share (FXS) – that he believes have
Introduction Bitcoin has been the talk of the town since its inception in 2009, but its price movement in the last few months has been particularly interesting. In mid-January, Bitcoin breached a long-term bullish pattern, which resulted in a rally that saw the cryptocurrency’s price skyrocket. However, as the rally
Introduction The cryptocurrency market has been on a rollercoaster ride, with Bitcoin and Ethereum rallying to all-time highs in recent months. However, the recent rate hike announcement by the Federal Reserve has put a halt to their growth, leaving investors wondering what the next move should be. One potential option
Introduction US Congressman Tom Emmer, who is known as the “Crypto King of Congress,” has proposed a new bill that aims to provide regulatory clarity for the blockchain and crypto industry. The bill, called the ‘Blockchain Regulatory Act (BCRA),’ is designed to help establish legal clarity for blockchain developers and
Introduction The cryptocurrency market is highly dynamic, with prices fluctuating constantly. Bitcoin and Ethereum, two of the most well-known cryptocurrencies, recently saw their rallies grind to a halt after the announcement of a rate hike by the Federal Reserve. However, this has resulted in a shift in focus towards altcoins,
The Federal Reserve has raised interest rates by 25 basis points and updated its dot plot projections, revealing a majority of the board expects rates to reach 5-5.25% by 2023. Introduction: The Federal Reserve recently made an announcement in its March meeting that it would hike the interest rate by
Introduction: Bitcoin has been on a tear in recent weeks, breaking through key resistance levels and rallying to new highs. The cryptocurrency has surged past the $25,000 mark and is now trading above $27,000. In this article, we’ll take a closer look at the latest price movements and analyze where
Introduction: Bitcoin’s price has been on a rollercoaster ride in the past few years, with its value skyrocketing to nearly $65,000 in 2022 before crashing down to below $30,000. However, one on-chain indicator suggests that despite the recent price increase, Bitcoin has actually become relatively cheaper in 2023. This indicator