Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase
The cryptocurrency does not operate in a vacuum, and its price is also affected by non-crypto influences, such as macro factors, the report said.
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The cryptocurrency does not operate in a vacuum, and its price is also affected by non-crypto influences, such as macro factors, the report said.
Crypto markets dumped, then jumped, as regulatory headwinds and macroeconomic decisions played their hand in a rollercoaster 24 hours.
Speculative frenzy characterised by irrational exuberance and greed is an infamous sign of an impending market top.
The newly-formed PoliFi category is all about memes and laughs, while making a few bucks along the way, say the team behind the TREMP token.
“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets.
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a more hawkish stance.
Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.
CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Odds that spot ether ETFs will get approved in May have gotten slimmer, according to a Bloomberg ETF analyst who cited U.S. regulators’ seeming lack of engagement with potential issuers over the products.