Chancer presale catches the eye as Fed resumes rate hikes

Fed is expected to announce a 0.25% rate hike after its two-day meeting on Wednesday. Stocks and cyptocurrencies have traded largely flat or lower amid investor anxiety over next moves by the central bank. Chancer, a project set to revolutionise the betting industry, could be a huge investment opportunity in today’s market setup. The Federal […]

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Bitcoin, stocks react to hotter-than-expected CPI data

Bitcoin price was trading sideways after hitting highs of $22,300, with major US indexes also down. The markets’ reaction comes after hotter-than-expected inflation data for the first month of 2023. US CPI rose 0.5% over the month and 6.5% year-over-year. Bitcoin was holding just above $22,000 at around 11:00 am ET, with the flagship cryptocurrency […]

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Bitcoin slips amid market reaction to US jobs report

Bitcoin price fell slightly to retest support near $23,250 on Friday. The top cryptocurrency’s price action mirrored early trades on Wall Street as the market reacted to US economic data. The US added 517,000 jobs, against an estimated 188,000 and unemployment fell to 53-year low of 3.4%. Bitcoin responded to Friday’s US jobs report by […]

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How AI trading technology is making stock market investors smarter

Introduction to AI trading technology Top AI trading technology companies, including GreenKey Technologies, Kavout Corporation and IntotheBlock. Do you have any idea how AI trading technology is making stock market investors smarter every day? Well, the agencies are paving the way. Artificial talent is to buy and sell what furnaces used to be to the […]

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Bitcoin’s rollercoaster 2022 correlation with the stock market

Anyone who follows me will know I like taking a macro view to Bitcoin. It is now firmly entrenched as an asset class on the big stage, and that means it is subject to the whims of the wider market – for better or worse. I often say it is the tail on the dog, […]

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Why is crypto following the stock market closer than ever before?

It feels like nothing but the words of Jerome Powell matter in markets right now. In looking at the data, it’s kind of true. I plotted the correlation of Bitcoin against the S&P 500 since the beginning of 2017, and the results show that the correlation has generally picked up over time. This really does […]

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Analyst: Recession fears could be bullish for Bitcoin (BTC)

Bitcoin has failed to strengthen above the $40K again after yesterday’s brief upside that…

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Bitcoin hedge argument falls short amid Russian invasion

Given the jarring news overnight that Russia have invaded Ukraine, it feels a little…

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Bitcoin Price Prediction: hedge argument falls short amid Russian invasion

Given the jarring news overnight that Russia have invaded Ukraine, it feels a little…

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Bitcoin’s price could deflate below $30,000 in 2022, Invesco says

Invesco’s Global Head of Asset Allocation likens Bitcoin’s staggering rally in 2021 to a…

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Brock Pierce says Bitcoin price could rally to $200K next year

The Bitcoin Foundation chairman suggests inflation and insatiable appetite by governments to print fiat…

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Interest Rate Hikes!! Will It CRASH CRYPTO!? ??

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Bitcoin, stocks seesaw after 0.50% ECB rate hike jolts markets

Bitcoin retested the $25,000 area, while S&P 500 had gained about 1% after plunging on ECB interest rate hike news. The ECB on Thursday surprised with a 50 basis point rate hike. Reports that JPMorgan and Morgan Stanley are looking to help First Republic Bank buoyed stocks. Bitcoin and stocks have recovered slightly after trading […]

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No, Bitcoin is still as correlated as ever with the stock market – A Deep Dive

Key Takeaways Bitcoin’s recent surge has drawn surprise as banking sector has pulled stock market down Declaring this a break in the correlation trend is a mistake, writes our Data Analyst Dan Ashmore, who says Bitcoin remains risk-on Both the stock market and Bitcoin continue to trade off interest rate expectations, aside from isolated episodes […]

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ETH retests $2K: Here’s why Ethereum price is up today

Ethereum (ETH) is trading higher today as the crypto market cap bounces to $1.27 trillion. ETH price rose to $2,008 while Bitcoin (BTC) price climbed to $29,800 looks to end the week stronger. Gains for cryptocurrencies came as US equities ended the week higher, with regional bank stocks pummeled earlier in the week rebounding. On […]

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Should you buy Block stock on a boost to bitcoin revenue in Q1?

Block didn’t see an impairment loss on its bitcoin holdings in Q1. Analysts at KeyBanc continue to see upside in its shares to $85. Block stock is currently down about 5.0% versus the start of 2023. Block Inc says it did not see an impairment loss related to its bitcoin hoard in the first financial […]

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