Tag: inflation

If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion. Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. In a Feb. 12 Twitter…

While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors. The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin throughout Q4, compared to macroeconomic events such as rate hikes, according to research. In a “State of…

While the rate increase was expected by the markets and Jerome Powell indicated more increases will come, the market has reacted positively to the Fed chairman’s comments. The price of Bitcoin broke through the $24,000 ceiling and the total crypto market cap jumped nearly 4% after United States Federal Reserve Chair Jerome Powell indicated that inflation…

The crypto market is down today after the U.S. government cracks down on Bitzlato and stocks begin to give back some of their gains from the start of the year. The crypto market is down today, as a slew of negative news events weigh on Bitcoin, Ether and altcoin prices. After jumping to yearly highs,…

Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion. The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12. While the 15.5% year-to-date gain sounds promising, the…

Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically “gained share during turbulent times,” says ARK Invest CEO. ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing innovations” that the equity markets largely ignored in 2022. In a Jan. 12 blog post on…