Several key events are happening this week, all of which could be the start of important crypto trends to keep an eye on as they continue to develop heading into 2023. Crypto markets have seen a...
Tag: crypto markets
ETH’s correlation to the Nasdaq creates problems for crypto-native traders
Correlation between ether (ETH) and the Nasdaq composite is closing in on highs reached in May of this year, affecting crypto-native traders. The high correlation between ether and the Nasdaq has made...
Bitcoin soars more than 10% as it trades above $21,000
Cryptocurrency prices rose across the board on Friday, with bitcoin jumping as much as 10% and ether rising more than 6%. At the time of writing, bitcoin is changing hands at roughly $21,100 per Coinb...
Pow! Right in the ticker, Fed chair sends markets lower: This week in markets
Crypto markets fell at the end of the week in what appeared to be a reaction to Fed Chair Jerome Powell’s speech in Wyoming. Bitcoin was down 4.98% over the past seven days at the time of writi...
Crypto lending platforms increase rates due to higher borrowing demand
Savings rates on crypto holdings have increased across lending platforms, despite several high-profile lending firms collapsing in June and July. Following the collapse of Terra, lending companies f...
Ether down 18% as crypto markets in the red: the week in markets
Crypto markets surrendered gains this week as financial markets began to cool around the globe on persistent macroeconomic fears. Dog-themed memecoins were outperforming the market earlier in the wee...
Dogecoin and other dog-themed memecoins rally while crypto market cools off
Dogecoin is up more than 10% today, while the broader crypto market shows signs of slowing down after a rally last week. At the time of writing, dogecoin was trading at $0.085, up more than 21% over...
Crypto market contracts as the Fed’s next interest rate decision looms
Crypto markets traded down Tuesday ahead of tomorrow’s US Federal Reserve interest rate announcement. The Fed is widely expected to increase the US federal funds rate by 75 basis points tomorr...