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Apr 29, 2025 05:50

Bitcoin Update: Local Highs and $88K Retest Ahead 5 Key Insights to Stay Informed This Week

Bitcoin Price Hits $88k as Bulls Retest Local High; 5 Key Events This Week The price of Bitcoin surged to $88,000 this week as bullish momentum picked up steam. Cryptocurrency enthusiasts and investors are closely monitoring the market as the digital asset continues to reach new heights. Here are five key events that have impacted [...]

The post Bitcoin Update: Local Highs and $88K Retest Ahead – 5 Key Insights to Stay Informed This Week appeared first on Crypto Breaking News.

Apr 26, 2025 05:50

OpenSea Surges Ahead in NFT Market Activity, Leaving Competitors in the Dust

In the midst of a downturn in the NFT market, OpenSea has emerged as a dominant player once again. Despite the overall slump in the non-fungible token space, OpenSea has managed to regain its market leadership position. This comes as a significant development, showcasing the platform’s resilience and ability to adapt to changing market conditions. [...]

The post OpenSea Surges Ahead in NFT Market Activity, Leaving Competitors in the Dust appeared first on Crypto Breaking News.

May 30, 2023 02:50

Metacade gains ahead of the launch of main platform while China boosts Web 3.0

Metacade (MCADE) is beginning to show up after slowing down in May. Having hit a top price of $0.045 previously, MCADE had shown a solid bullish strength that was anticipated once the token listed on exchanges. A price drop to $0.016 gave investors who had missed the early take off to get in and ride …

<p>The post Metacade gains ahead of the launch of main platform while China boosts Web 3.0 first appeared on CCNC | Cryptocurrency Newscast.</p>

Mar 04, 2025 05:55

Atlanta Fed Model Predicts Sharp 2.8% GDP Contraction in First Quarter: Trumpcession Ahead

The Atlanta Fed has a model that predicts a contraction in US GDP for the first quarter of the year. This means that the Gross Domestic Product of the country is expected to decrease during this period. The model used by the Atlanta Fed takes into account various economic indicators to make this prediction. This [...]

The post Atlanta Fed Model Predicts Sharp 2.8% GDP Contraction in First Quarter: Trumpcession Ahead appeared first on Crypto Breaking News.

Mar 31, 2025 05:55

Bitcoin Plummets to $81.5K as US Stock Futures Decline Ahead of Trumps Liberation Day Tariffs

Bitcoin’s price took a hit, dropping to $8,150 as US stock futures sold off leading up to Trump’s “Liberation Day” tariffs. This latest market movement adds to the volatility in the cryptocurrency and traditional financial markets. Investors are closely monitoring the situation as fear of a trade war between the US and China grows. The [...]

The post Bitcoin Plummets to $81.5K as US Stock Futures Decline Ahead of Trump’s ‘Liberation Day’ Tariffs appeared first on Crypto Breaking News.

Mar 31, 2025 05:55

Trade War Tensions with Trump Threaten Crypto Market Ahead of April 2 Tariffs

The cryptocurrency market is feeling the heat as Trump’s trade war continues to escalate. With the looming threat of tariffs set to go into effect on April 2nd, investors in the crypto space are on edge. Cryptocurrencies have been known to be sensitive to geopolitical events, and the ongoing trade tensions between the US and [...]

The post Trade War Tensions with Trump Threaten Crypto Market Ahead of April 2 Tariffs appeared first on Crypto Breaking News.

Mar 17, 2025 05:55

Why XRP Could Beat Ethereum: A Look at the 5-Year High Ahead of Solana

Solana has been making waves in the cryptocurrency world, but forget about it flipping XRP. Ethereum is the real star, hitting a five-year high recently. Solana has certainly gained attention for its fast transaction speeds and low fees, positioning itself as a potential competitor to the likes of Ethereum. However, Ethereum’s dominance and widespread adoption [...]

The post Why XRP Could Beat Ethereum: A Look at the 5-Year High Ahead of Solana appeared first on Crypto Breaking News.

Apr 26, 2023 02:50

Metacade price prediction: MCADE tracking big move ahead of MEXC listing as Hourglass (WAIT) explodes

Metacade price traded to highs of $0.034 a few days ago before the overall lull in the crypto market helped bears return the GameFi token to levels around $0.023. But with MCADE poised above a key support level and with bitcoin breaking above $28,000 again, it could be an explosive upside return for Metacade price …

<p>The post Metacade price prediction: MCADE tracking big move ahead of MEXC listing as Hourglass (WAIT) explodes first appeared on CCNC | Cryptocurrency Newscast.</p>

DeSantis looks like the choice for crypto enthusiasts in 2024

Author: Cointelegraph By J.W. Verret
United States
May 26, 2023 12:00

DeSantis looks like the choice for crypto enthusiasts in 2024

Ron DeSantis understands the ethos of cryptocurrency. For single-issue crypto holders, that puts him ahead of the pack in the 2024 presidential race.

Apr 25, 2023 03:00

Metacade popularity on the rise ahead of MEXC Global listing

The price of MCADE has surged above $0.022 which was the price at the end of the presale. At press time, MCADE was trading at $0.024. The previous listing on Uniswap resulted in insignificant price changes making investors doubt whether the exchange listing will have any significant impact on the price of MCADE. However, the …

<p>The post Metacade popularity on the rise ahead of MEXC Global listing first appeared on CCNC | Cryptocurrency Newscast.</p>

Mar 22, 2023 11:10

Bitcoin price ahead of FOMC: Analyst says “you’d rather see 25bps than 0 bps”

Bitcoin continues to trade above $28,000 as markets brace for today’s highly anticipated Federal Reserve decision. BTC price reached a high of $28,900 on Wednesday, pumping to the multi-month high as the broader market awaits the March interest rate decision from the US Federal Reserve. Crypto analyst shares BTC outlook ahead of FOMC According to …

<p>The post Bitcoin price ahead of FOMC: Analyst says “you’d rather see 25bps than 0 bps” first appeared on CCNC | Cryptocurrency Newscast.</p>

Mar 10, 2023 02:50

Cardano price prediction: ADA melts down ahead of NFP data

Cardano (ADA/USD) price crashed hard amid rising concerns about cryptocurrencies. It pulled back to a low of $0.3047, the lowest level since January 11. The coin has plunged by more than 27% from the highest level this year, meaning that it has moved into a deep bear territory. US non-farm payrolls (NFP) data Cardano price ...

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<p>The post Cardano price prediction: ADA melts down ahead of NFP data first appeared on CCNC.</p>

Mar 07, 2023 02:50

Immutable X (IMX) price steady ahead of Illuvium: Beyond launch

Immutable X (IMX/USD) price drifted upwards ahead of a major development in its ecosystem. IMX jumped to a high of $1.11, which was the highest level since March 1 of this year. It has jumped by more than 22% from the lowest point this month. What is Illuvium: Beyond? The main catalyst for IMX prices ...

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<p>The post Immutable X (IMX) price steady ahead of Illuvium: Beyond launch first appeared on CCNC.</p>

Mar 02, 2023 02:50

Pi Network makes progress ahead of Pi Day event in March

Pi Network, one of the biggest players in the blockchain industry, announced important milestones ahead of the upcoming Pi Day. It has seen the number of active members surge to over 35 million and the number if employees soar to 40. Pi Network milestones Pi Network is one of the most popular players in the ...

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<p>The post Pi Network makes progress ahead of Pi Day event in March first appeared on CCNC.</p>

Feb 16, 2023 06:30

Bitcoin price analysis: BTC faces difficult resistance level ahead | Invezz

Bitcoin (BTC/USD) price picked up notable momentum on Wednesday as the digital currency hit a new 2023 high. Granted, 2023 is a mere 6 weeks old and the current bull run looks pretty insignificant on the one-year chart. BTC/USD chart by TradingView But I’m not here to ruin the party, rather just trying to gather ...

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<p>The post Bitcoin price analysis: BTC faces difficult resistance level ahead | Invezz first appeared on CCNC.</p>

Feb 15, 2023 11:10

Cosmos price outlook: Is ATOM a buy ahead of today’s Rho upgrade? | Invezz

The Cosmos (ATOM/USD) price broke down from a rising channel this week as cryptocurrencies reacted to the regulatory crackdown on stablecoins, particularly orders against Paxos to cease issuing the Binance USD (BUSD) stablecoin. ATOM price has not spiked as much as the leading cryptocurrencies like Bitcoin and Ethereum, which on Wednesday, hit levels above $23,000 ...

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<p>The post Cosmos price outlook: Is ATOM a buy ahead of today’s Rho upgrade? | Invezz first appeared on CCNC.</p>

Feb 09, 2023 02:50

Weekly markets TL;DR: Google’s AI fail, job numbers worry Fed, and relative calm ahead of CPI next week | Invezz

1. Economy US Feder Reserve chair Jerome Powell affirmed that more rate cuts would be coming if inflation and jobs data don’t begin to soften Jobs data came in extremely hot last Friday, with the resilience of the market so strong that the Fed is concerned the effort to curtail inflation will be hampered Not ...

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<p>The post Weekly markets TL;DR: Google’s AI fail, job numbers worry Fed, and relative calm ahead of CPI next week | Invezz first appeared on CCNC.</p>

Jan 31, 2023 02:50

Weekly markets TL;DR: Massive week ahead for stocks, crypto and forex | Invezz

1. Economy Eurozone growth grew 0.1%, unexpected compared to expectations of a 0.1% contraction IMF stated UK the only leading economy likely to head into recession in 2023 These are positive data points but could affect the all-important Federal Reserve meeting in the US tomorrow Wednesday also brings the first jobs report of 2023, the ...

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<p>The post Weekly markets TL;DR: Massive week ahead for stocks, crypto and forex | Invezz first appeared on CCNC.</p>

Bitcoin price retreats below $19,000 ahead of highly anticipated CPI

Author: noreply@blogger.com (Unknown)
United States
Oct 13, 2022 11:25

Bitcoin price retreats below $19,000 ahead of highly anticipated CPI

Bitcoin (BTC/USD) has retreated by more than 2.5% in the past 24 hours, dropping below the $19,000 level again.

However, while the overall picture remains one of massive accumulation as seen over the past several weeks, and which continues to be the case given bulls are holding near the critical support zone marking 2017 bull cycle high, price is below $19,000.

On Thursday morning, Bitcoin traded to lows of $18,652 on major cryptocurrency exchanges as shown by data on CoinGecko, marking another dip ahead of key US inflation data. As such, BTC’s weekly range high of around $20,240 leaves the current price levels nearly 8% lower and vulnerable to fresh dips if markets erupt chaotically to the inflation data out this morning.

Crypto analyst Michael van de Poppe notes the market anticipation around CPI as the reason for today’s downside for Bitcoin and other cryptocurrencies.

People are literally so scared for CPI, that's why the markets are showing this reaction.

— Michaël van de Poppe (@CryptoMichNL) October 13, 2022Markets await US inflation data

While Bitcoin holds the key levels below the $20k mark, a dump across the equities market could mean further losses for BTC. The outlook follows a potential flip into sell mode for stocks if investors glean from today’s data that price pressures are set to remain elevated.

As well as being an indicator of whether the US Federal Reserve will go for a fourth straight higher interest rate or not, an uptick in Core CPI – which omits food and energy – would boost not just the dollar but also Treasury yields. This could add to sell pressures in the risk asset markets, including crypto.

Analysts expect the September CPI data to show a tick down from 8.3% to 8.1% year-over-year, but the annual ‘Core’ reading is anticipated to go up from 6.3% to 6.5%. While these data points are anticipated, the potential for even a little beat or miss could mean fresh downward moves.

The downward possibility is also there given yesterday’s Producer Price Index (PPI) that showed a month-on-month growth of 0.4% against expected 0.2%.

The PPI and CPI tend to head the same direction, suggesting a CPI release with MoM of over 0.2% will likely spook investors.

The post Bitcoin price retreats below $19,000 ahead of highly anticipated CPI appeared first on Invezz.



from Cryptocurrency – Invezz

Bitcoin sinks again ahead of this week’s FOMC meeting

Author: noreply@blogger.com (Unknown)
United States
Sep 19, 2022 02:50

Bitcoin sinks again ahead of this week’s FOMC meeting

Bitcoin (BTC) fell to lows of $18,255 on crypto exchange Coinbase to see the world’s largest digital asset by market cap touch its lowest price levels since the crypto rout recorded in June 2022.

The bellwether crypto was down 7.8% early Monday morning (05:30 am ET) and trading around $18,430 across major exchanges as shown by CoinGecko data.

At current levels, Bitcoin is sitting below the previous cycle high, with negative sentiment likely to aid the bearish push for a lower target. (Bitcoin fell to lows of $17,600 on 18 June 2022 following a massive bear market sell-off catalysed by the collapse of Terra and LUNA and implosions for several crypto companies.

Crypto analyst Michael van de Poppe points to Bitcoin’s local low but thinks a lot more could happen ahead of the FOMC meeting this week.

Local lows for #Bitcoin, while FOMC meeting is approaching.

Overall consensus is that we'll have 100bps hike with continued hikes in coming months, while debates on this policy start to increase.

Sell the rumor, buy the news?

We'll know on Wednesday.

— Michaël van de Poppe (@CryptoMichNL) September 19, 2022BTC/USD daily chart showing Monday’s decline. Source: TradingViewETH dips, crypto down $70 billion ahead of Fed, BoE rate hikes

The rest of the crypto market is also red, with Ethereum (ETH) shedding more than 10% in the past 24 hours.

As Invezz reported last week, Ethereum completed its historic transition from proof-of-work consensus to proof-of-stake consensus mechanism – the Merge. However, the bullish effect of the event appears to either already have been priced in pre-Merge or will be felt long term. For now, Ether is struggling with downside pressure just under $1,300.

Again, van de Poppe thinks the Fed rate hike could have an impact on the price of Ether. He said in a tweet on Monday:

“Ethereum is looking at weakness here, as it lost an upwards trending structure. Expecting a response from the region between $1,200-1,300. Not sure whether we’ll get a bounce towards $1,425 as FED on Wednesday is most important as a decider of a trend.”

#Ethereum looking at weakness here, as it lost upwards trending structure.

Expecting a response from the region between $1,200-1,300.

Not sure whether we'll get a bounce towards $1,425 as FED on Wednesday is most important as a decider of a trend. pic.twitter.com/BZ7RaaEdqT

— Michaël van de Poppe (@CryptoMichNL) September 19, 2022

The past 24 hours have also seen double-digit losses for other major altcoins, including Cardano, Polkadot, XRP, and Polygon. Overall, losses across crypto have the global crypto market cap down well over $70 billion, currently down 7.3% to about $943 billion.

Losses for crypto come as the broader risk asset market frets over tighter central bank monetary conditions. This week, the US Federal Reserve is set to unleash another interest rate hike – it could even be a 100 basis point hike. Elsewhere, higher rates are also expected from the Bank of England and other central banks (here is our latest article on the three key rate hikes this week).

The post Bitcoin sinks again ahead of this week’s FOMC meeting appeared first on Invezz.



from Cryptocurrency – Invezz

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