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Bitcoin Touches $40,000 As Fed Raises Rates In…

The U.S. Federal Reserve (Fed) has raised interest rates by 50 basis points in its largest hike since 2000.Bitcoin briefly touched $40,000 after the Fed released its new monetary policy guidelines.Image source: TradingView.The central bank’s…

Bloomberg Intelligence Report: Bitcoin Is Becoming A Risk-Off…

Bloomberg Intelligence discussed bitcoin and other cryptocurrencies as it relates to adoption, markets and defining asset classes.The report explains how bitcoin is separating itself from standard risk-assets and becoming a risk-off asset.Bloomberg Intelligence also discusses historical…

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Why Sell In May Might Not Work This…

Bitcoin pushes up on the last day as the market prepares for the upcoming speech from the U.S. Federal Reserve (FED) Chairman Jerome Powell. Despite the recent gains, the general sentiment in the crypto market…

The Wall Street Journal Is Dead Wrong About…

The NFT market is thriving, actually. Once again, the Wall Street Journal makes a fool of itself by tackling subjects beyond the publication’s comprehension. The author declares “the NFT market is collapsing,” citing suspicious numbers…