Search Results for: fallen

Devere Group Predicts a Bull Run and ‘Significant Bounce’ for Bitcoin in Q4

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The CEO of Devere Group, a financial advisory and asset management firm, has predicted a bull run and a significant bounce in the price of bitcoin during the fourth quarter of this year. Devere’s CEO Predicts a Bull Run in Q4…

Bitcoin, Ethereum Technical Analysis: BTC Continues to Consolidate, Prices Move Slightly Above $30,000

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Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been hovering above and below this level over the last few weeks, with no significant gains in the period. ETH was also…

Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower

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Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an addition of 490,000. ETH also reacted to the news, finally…

IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance

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Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary…

Biggest Movers: AVAX Almost 20% Higher, as RUNE and ZEC Near 15% Gains on Saturday

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Crypto markets were mainly in the green on Saturday, with AVAX, RUNE and ZEC being some of the notable gainers. Apecoin traded lower during its third session, falling by as much as 13%, following back-to-back gains. Avalanche (AVAX) LUNA, WAVES, and…

Biggest Movers: Monero, Cosmos Slip on Thursday, as Crypto Economy’s Red Wave Returns

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With cryptocurrency markets falling on Thursday, XMR and ATOM were two of the biggest movers during the day. Solana was also nearing a double-digit decline, as bulls seemingly sat out today’s session. Monero (XMR) Monero (XMR) was undoubtedly the biggest bear…

Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble Collapses

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The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not see a high risk of Russian oligarchs using crypto to…

Mexico’s Third Richest Billionaire Says Buy Bitcoin, Forget About Selling, You’ll Thank Me Later

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The third-richest billionaire in Mexico, Ricardo Salinas Pliego, advises to buy bitcoin, keep buying while the price is still low, and hold the crypto without thinking of selling. “Trust me, you’re going to thank me later,” he affirmed. Billionaire Ricardo Salinas…

JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion

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JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high…