Crypto analyst Colin has revealed that the Bitcoin price has flashed a death cross, which he noted was bullish for the flagship crypto. This comes amid BTC’s recent decline, which has erased all its year-to-date (YTD) gains. Bitcoin Price Flashes Death Cross, Marking Potential Bottom In an X post, Colin stated that a death cross…
Over the past decades, central banks like the Federal Reserve have failed to keep inflation rates stable. Bitcoin may benefit from this trend. After the cryptocurrency’s upcoming halving, after which the coin will have “economically indisputable reasons” to become a legitimately competitive store of value versus other world currencies.Connection Between Halving and InflationMay 2020, Bitcoin…
Bitcoin has been struggling to build momentum in recent weeks, and the return of cash into the system is raising questions about whether this could be the moment that changes the tone of the crypto market. That growing sense of anticipation has already started to show up in prices, with the total crypto market cap…
The Federal Reserve has officially brought its multi-year quantitative tightening program to a close, freezing its balance sheet at about $6.57 trillion after draining more than $2.3 trillion from the system since 2022. The Federal Reserve’s decision to formally end quantitative tightening has created a sense of anticipation across the crypto market. Liquidity inflows have…
The US stock market has just achieved a historic milestone, closing at its highest weekly levels ever recorded. The S&P 500 finished the week at 6,791.68 while the US 100 Index reached 25,358.15, both setting new all-time highs. Easing inflation data, strong corporate earnings, and expectations of Federal Reserve rate cuts have all combined to…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
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