Browsing: inflation

This is an opinion editorial by Konstantin Rabin, a finance and technology writer.Good ol’ bitcoin, the granddaddy of cryptocurrency, is increasingly being used as a reliable store of value for those looking to move away from the more established asset classes as it is continually proving itself as a solid hedge against inflation. In fact

At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately result in a reduction of the block

The crypto market is down today, paring Ethereum’s post-Shapella rally with the total cryptocurrency market capitalization losing nearly 4% in 24 hours. Right as some analysts thought that Bitcoin (BTC) was on the cusp of confirming a new bull market, the cryptocurrency market took a downturn amid regulatory uncertainty and signs of weakening macroeconomic conditions. Crypto

Carnage for short-term traders and speculators as volatility destroys both long and short positions on the way to $20,000. Bitcoin (BTC) came within $1,000 of its previous cycle all-time highs on June 14 as liquidations mounted across crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price hits 18-month lowsData from Cointelegraph Markets Pro and TradingView showed…

Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom. Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5.Ethereum price back above key trendlineETH price rising above its 50-week exponential…