Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst By Cointelegraph
[ad_1] © Reuters (BTC) maintained $17,000 support into Dec. 10 ahead of a critical week of macro data. 1-hour candle chart (Bitstamp). Source: TradingView Data...
Fed Expected to Keep Peak Rates for Longer, Dashing Hopes for 2023 Cuts
(Bloomberg) — The Federal Reserve is set to disappoint Wall Street as it keeps rates at their peak throughout 2023, dashing hopes markets have priced...
BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts By Cointelegraph
[ad_1] © Reuters. (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets. 1-hour candle chart (Bitstamp)....
Goldman Sachs Says Hopes That Inflation Has Peaked Are Premature
(Bloomberg) — The market’s optimism that inflation has peaked is misguided as a potential spike in energy costs in 2023 could keep prices elevated and...
Amber Group ditches expansion plans after denying insolvency: Report By Cointelegraph
[ad_1] Cryptocurrency trading firm Amber Group is putting its expansion plans on hold despite the FTX contagion having “no disruption” to its daily operations, the...
Oil drops in volatile trade, records biggest weekly slump in months
WTI, Brent slump over 10% for the week Steepest weekly decline since April in WTI, since Aug in Brent Market flips to contango, indicating weak...
NFTs, Nonprofits and Longevity Intersect at Art Basel Miami By Cointelegraph
[ad_1] Just as Art Basel has expanded beyond its initial gallery showcases in Switzerland, where the international art fair was conceived, the pursuit of longer...
China Quietly Launches QE: Beijing Orders Large Insurers To Buy Bonds To Contain Selling Panic
At its core, when stripped away of all rhetoric and technicalities, the Fed’s QE is just one big bond-buying operation by the so-called Lender (and...
Gensler’s approach toward crypto appears skewed as criticisms mount By Cointelegraph
[ad_1] Since taking over at the United States Securities and Exchange Commission (SEC), chairman Gary Gensler has repeatedly been referred to as the “bad cop”...
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is quickly boosting its reserve status
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is quickly boosting its reserve status...