Bitcoin price dip below $90K driven by investors bracing for upcoming economic risks

The crypto space endured a series of unfortunate events in 2022, beginning with the Terra debacle and ending with FTX’s chaotic death spiral. These events heightened consumer skepticism and hesitancy toward crypto platforms; yet, the industry is holding steady today. The market is even trending upwards at the time of writing. Crypto’s current potential trajectory toward a…

The monthly candle of Bitcoin (BTC) for October has closed above $13,000 for the first time since December 2017. It comes after both daily and weekly candles all closed above the crucial resistance level.Traders often use the monthly log chart to evaluate the long-term and macro trend of an asset. On a monthly chart, each…

The Magic Eden Foundation introduces the ME token to enhance cross-chain trading, driving NFT platform expansion and DApp integration.

Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history.The whole world seems to be falling apart except for blockchainKraken, one of the largest cryptocurrency exchanges in the United States, is looking to increase its job…

Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has been falling behind the stock market after the Fed’s hawkish stance. 378 Total views 1 Total shares Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms,…

BTC price needs to work to flip its old 2021 all-time high to support as the Bitcoin monthly close approaches.

Investment holding company 8i Enterprises Acquisition Corp. and blockchain financial services and technology firm Diginex have scheduled a shareholders meeting to consider the proposed business merge.The special meeting will take place on March 20 in New York, according to a Feb. 24 press release. Initially, the companies announced the merger plans last July. Once the…

The “Alts buy signal” chart is flashing a buy signal, with a trader linking it to levels Bitcoin hit before its price surged sixfold over six months.

A report on Friday from Ethereum metrics website Dune Analytics showed that the decentralized finance (DeFi) ecosystem now counts over 1 million unique Ethereum addresses as participants — an over tenfold increase from the 91,000 addresses on Dec. 6, 2019. But while the growth has been undeniable, some experts caution not to interpret the milestone as…