Federal Reserve Chairman Jerome Powell has warned that “the ultimate level of interest rates is likely to be higher than previously anticipated.” In addition, if faster tightening is warranted, the Fed “would be prepared to increase the pace of rate hikes,” Powell said. The Fed Anticipates Higher Rates, Faster Hikes Federal Reserve Chairman Jerome Powell […]

The BONE token grew 23% over the last 24 hours to $1.75 at press time, leading the top 100 off the back of this performance. The chart below shows a price performance in line with Bitcoin – a solid start to 2023 and a reversal of momentum at the beginning of February, followed by a […]

Crypto exchange Gemini has denied reports that its banking relationship with U.S. banking giant JPMorgan has ended. In a March 8 tweet, Gemini said: “Despite reporting to the contrary, Gemini’s banking relationship remains intact with JPMorgan.” Coindesk previously reported that JPMorgan had ended its relationship with the Winklevoss twins-led crypto exchange. The media outlet said […]

A new study by the blockchain infrastructure company Paxos shows that crypto owners see cryptocurrency as an investment and desire mainstream financial service providers to offer products and services that support it. Top 5 Reasons Respondents are Interested in Crypto According to the survey released on March 7, three of the top five most desired […]

The U.S. Federal Reserve is set to roll out a fresh interest rate hike on March 22, and options traders could use this risk-averse strategy to generate profits. Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging […]

Commissioner Kristin Johnson said in prepared remarks that the U.S. digital economy was “witnessing the deployment of Web 3.0”. The United States Commodity Futures Trading Commission, or CFTC, was a part of discussions on a regulatory framework for digital assets as well as use cases for blockchain technology. In a March 8 meeting of the […]

After bitcoin was rejected from the $25,000 level, and altcoins (Total3) reentered the downwards sloping channel, how far can the crypto market fall? With the news full of FUD for crypto it looks like the entire sector is making its way down to lower levels. However, unless another very black swan arrives, this correction would […]

Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.29% lower as of writing. Shiba inu also climbed higher in today’s session. XRP XRP, formerly ripple, was once again a notable mover, […]

On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S. dollar’s dominance in the oil trade under pressure. Sources Say Non-U.S. […]

Definition This chart presents the relative dominance of exchange-related deposits and withdrawals with respect to all confirmed transactions. This chart presents the following traces:  Total Transaction Count  Total Deposit Transactions  Total Withdrawal Transactions  Exchange Transaction Dominance (%) Quick Take Over a 14 DMA, Bitcoin deposits head lower as 2023 progresses, in line with the 2019 […]