Bitcoin approached $65,000 on July 14 as a sharper-than-expected slowdown in US inflation weakened the case for another near-term Federal Reserve interest rate increase. Data from CryptoSlate showed that BTC rose as high as …
Relief
- DeFi Market
Bitcoin’s (BTC) recent macro relief faces a challenge from Japanese interest rates
by adminby adminJapanese bonds are challenging the boost bitcoin BTC$63,284.17 has received from shifting interest-rate expectations that lifted the price of the largest cryptocurrency by 8% in fewer than seven days. The 10-year Japanese government bond …
- Crypto Education
Cardano Sits at 2020 Lows, But 2 On-Chain Signals Point to a Relief Rally
by adminby adminCardano (ADA) on-chain activity spiked for the second time this month, with daily active addresses and social dominance climbing. The uptick came as the token traded near December 2020 price lows. ADA has fallen …
The crypto market could soon see some much-needed relief after the US Senate reached an agreement on a three-part budget deal to end the government shutdown, Politico reports. Pending legislation to fund the US …
Trump’s State of the Union Signals No Relief on Rates, Ignores Crypto
The US President Donald Trump delivered a nearly two-hour State of the Union address on Tuesday — the longest in US history — touting economic gains, warning Iran against pursuing nuclear weapons, and defending …