Tag: growing

The Growing Disconnect In Financial Markets

coiner

The article below is from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Disinflation And Monetary Policy As we delve deeper into 2023, the U.S. economy finds itself at a crossroads. Disinflation seems to be setting in as a direct result of the Federal Reserve’s tightening monetary policies. This policy shift has led to a notable slowdown in the annualized sticky Consumer Price Index (CPI)…

Read More

The Emerging Frontier: How Bitcoin Adoption Is Growing Where It’s Needed Most

coiner

This is an opinion editorial by Ben Caselin, chief strategy officer for cryptocurrency exchange MaskEx. As we navigate the uncharted waters of the digital revolution, bitcoin is increasingly finding their footing in economies grappling with currency crises. Countries such as Turkey, Lebanon, Nigeria and Argentina are already seeing bitcoin reach, or start to approximate, new all-time price highs, signaling a shift in wealth preservation and financial sovereignty. The thrust behind this trend is multifold, encompassing inflationary pressures, the global dominance of the U.S. dollar and the unique attributes of bitcoin.…

Read More

3 key Ethereum price metrics point to growing resistance at the $1,750 level

coiner

Ether (ETH) price plunged 7% between June 14 and June 15, reaching its lowest level in three months and impacting investors’ view that the altcoin was en-route to turning $2,000 to support.  It is worth noting that the $1,620 bottom represents a $196 billion market capitalization for Ether, which is higher than PetroChina’s $186 billion, and not far from chipmaker AMD’s $198 billion. Being the 66th largest global tradable asset in the world is no small feat, especially considering that the cryptocurrency is merely 8 years old and does not…

Read More