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Bitcoin Price Approaching New All-Time High as ETH, DOGE, Pepe, and ATOM Rally The price of Bitcoin is edging closer to a new all-time high as other cryptocurrencies like Ethereum (ETH), Dogecoin (DOGE), Pepe, and Cosmos (ATOM) are also experiencing a rally. This surge in prices across multiple cryptocurrencies is indicative of a broader bullish [...]
The US Dollar Index (DXY) has recently experienced a significant decline, approaching a level that historically led to substantial Bitcoin price rallies. This development has caught the attention of investors and analysts alike, who are closely monitoring the trend for potential implications on the cryptocurrency market. The DXY, a measure of the US dollar’s value [...]
The post US Dollar Index (DXY) Nears Key Level Preceding Bitcoin Price Surges of Over 500% appeared first on Crypto Breaking News.
Dogecoin enthusiasts around the world are gearing up to celebrate an important milestone in the cryptocurrency’s history on April 20, also known as “DogeDay.” This date holds significance for the Dogecoin community as it symbolizes the playful and lighthearted nature of the digital currency. As Dogecoin continues to rise in popularity, many are eagerly awaiting [...]
The post Dogecoin Investors Excitedly Await ‘Dogeday’ 4/20 as ETF Ruling Nears appeared first on Crypto Breaking News.
South Korea is making strides towards the approval of a Bitcoin ETF, taking inspiration from Japan’s successful implementation. The country is closely observing Japan’s example in order to develop its own framework for a potential Bitcoin ETF. The South Korean government recognizes the growing demand for crypto investment products and sees the opportunity to regulate [...]
The post South Korea Nears Bitcoin ETF Decision, Taking Cues from Japan appeared first on Crypto Breaking News.
The Bored Ape Yacht Club’s (BAYC) parent company Yuga Labs has released Legends of the Mara, a collection-based 2D strategy P2E game as the final stage of the new Web3 community hub Metacade presale nears its end. The new Yuga Labs 2D strategy game will allow Otherdeed NFT holders and players to claim free Vessels …
<p>The post Yuga Labs releases a 2D P2E game as Metacade presale nears the end first appeared on CCNC | Cryptocurrency Newscast.</p>
EOS (EOS/USD) price has come under selling pressure as a somber mood engulfs the stock and cryptocurrency market. The coin dropped to a low of $0.8578 on Tuesday, the lowest level since January 4 of this year. It has crashed by more than 35% from its highest level this year. EOS Foundation and Block.one (B1) …
<p>The post EOS price nears a key support level as it erases the YTD gains first appeared on CCNC | Cryptocurrency Newscast.</p>
As the blockchain gaming space grows, players are spoiled regarding the variety of titles they can pick from. However, not every game is built equally, and not all represent a solid way players can earn from their time committed within the titles. Metacade is a new project that can disrupt this industry and provide an …
<p>The post Metacade (MCADE) price prediction as presale nears a close first appeared on CCNC | Cryptocurrency Newscast.</p>
1. Economy Eyes trained on interest rate policy as per usual Next big date is Fed meeting on February 1st to discuss latest monetary policy Bank of Canada meets Wednesday, expectations it raises rates by 0.25% to 4.50% Q4 GDP Data from last year in the US is out Thursday, an important ... Read more
<p>The post Weekly markets TL;DR: Tesla earnings, gold nears all-time high, important economic data to come | Invezz first appeared on CCNC.</p>
Bitcoin (BTC/USD) is one of the largest cryptocurrencies in terms of market capitalization. It has dominated the crypto space ever since its inception and has been the benchmark that all altcoins aim to follow.
If Bitcoin manages to break past the $24,000 price barrier, this would be a representation of a 5% increase in the last 24 hours.
However, when we look at it from the perspective of monthly performance, it is clear that the cryptocurrency saw an increase in value of 35%.
Federal reserve interest rate hike of 0.75% as a catalyst for growthThe Federal Reserve enacted its second consecutive 0.75% point interest rate increase, taking this benchmark rate to a range of 2.25% to 2.5%.
Chair Jerome Powell noted that there will be a point where the Fed will start to slow hikes and assess their impact.
“We actually think we need a period of growth below potential in order to create some slack”, said Powell.
Analyst Dylan Leclair showcased that a long position was being built on the derivatives exchange FTX hours before the decision to raise rates.
All of these developments have led to an increase in the price of Bitcoin (BTC).
Should you buy Bitcoin (BTC)?On July 29, 2022, Bitcoin (BTC) had a value of $23,933.37.
The all-time high of the Bitcoin (BTC) cryptocurrency was on November 10, 2021, at a value of $69,044.77.
When we go over the performance of the cryptocurrency throughout the previous month, Bitcoin (BTC) had its highest point on June 1 at $31,950.98.
Its lowest point was on June 18 at $17,744.9. This marked a decrease in value of $14,206.08, or by 44%. From June 18 to July 29, BTC has increased in value by $6,188.47 or by 35%.
With this in mind, we can expect Bitcoin (BTC) to reach $25,000 by the end of August 2022, making it a solid cryptocurrency to buy.
The post Bitcoin nears $24K, is now the right time to buy BTC? appeared first on Invezz.
AltSignals’ popularity has gone through the roof after it unveiled an AI-powered algorithm powered by an AI-based cryptocurrency, ASI. AltSignals is conducting the ASI presale, which is currently in Stage 1 after successfully selling out the BETA stage. One can participate in the presale by visiting the official website. AltSignals AI-powered algorithm project AltSignals has …
<p>The post Price prediction of AI-based cryptocurrency ASI as presale Stage 1 nears end first appeared on CCNC | Cryptocurrency Newscast.</p>
The Render Network token has been in a strong bullish trend in the past few months as investors move back to cryptocurrencies. The RNDR token soared to a high of $1.96, the highest level since February this year. It has soared by more than 442% from its lowest point in December. Who is using Render …
<p>The post Render Network Token (RNDR) price surge nears its defining point first appeared on CCNC | Cryptocurrency Newscast.</p>
Spot Bitcoin ETFs recorded an all-time high of almost $1.38 billion in net inflows a day after Trumps victory.
In comparison, Bitcoins second-best daily gain occurred in August 2021, when the price rose $7,576 in 24 hours, from $38,871 to $46,448.
Jasmy price has done well in the past few days even as risks in the financial market rose. The token was trading at $0.0066, which was much higher than the March low of $0.0043. Focus now shifts to the upcoming Fed decision and the ongoing regional bank crisis. Jasmy users are rising Jasmy is a …
<p>The post Jasmy price drifts upwards as the number of holders nears 50k first appeared on CCNC | Cryptocurrency Newscast.</p>
Barely a month since Metacade was listed on Uniswap and later on Bitmart, the price has risen by double digit percentages. The token traded at $0.3471 on May 02, less than 48 hours before it gets listed on MEXC. The increase in the price of MCADE points to a growing interest in the token following …
<p>The post Metacade price rises above $0.034 as listing on MEXC listing nears first appeared on CCNC | Cryptocurrency Newscast.</p>
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