Bitcoin needs ‘3.3% or lower’ CPI print to reach new ATH
Bitcoin price movements may “appear random,” but critical drivers such as inflation are what’s making it move, according to a crypto analyst.
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Bitcoin (BTC) starts a new week at the upper end of its new price range near $12,000 — will the market finally crack it this week?Cointelegraph takes a look at five things to consider when working out where Bitcoin is headed in the coming days. S&P 500 nears all-time highs… againUnlike previous weeks, macro markets and…
Bitcoin downward pressure ‘abated’ as sell-side markets shrink
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Bitcoin clings to $56K as whales keep buying — Watch these BTC price levels
Bitcoin (BTC) is demanding a “slightly bearish” rethink on price action as old support levels give way overnight.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysts sounds alarm over open intereData from Cointelegraph Markets Pro and TradingView showed a low of $55,640 on Bitstamp on Nov. 19.Capitalizing on its lowest levels in over a month, Bitcoin has…
Senate Banking Committee’s priorities for new Congress include crypto: Report
Senator Tim Scott, who became the committee ranking member following the departure of Pat Toomey, reportedly plans to make a crypto regulatory framework a priority in 2023. Own this piece of history Collect this article as an NFTSouth Carolina Senator Tim Scott, the Republican ranking member on the United States Senate Banking Committee, reportedly plans…
US Treasury official says crypto mixers are a ‘concern’ in enforcing sanctions
Assistant Secretary at the Treasury Department Elizabeth Rosenberg said sanctioning crypto mixers could help deter money laundering from entities in Russia, Iran and North Korea. 361 Total views 51 Total shares Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the United States Department of the Treasury, suggested sanctioning cryptocurrency mixers could…
Philosopher Yuval Noah Harari warns of AI’s risks in finance
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Bitcoin price more correlated to FTX developments than macro events: Research
While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors. 1372 Total views 26 Total shares Own this piece of history Collect this article as an NFTThe collapse of FTX and related developments did more to pull up or push down the price of Bitcoin…