The government says the tax debt will be slashed by 50% in response to a prorated drop in cryptocurrency prices after the obligations were set.
Quantitative Easing News
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Ether's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest.
2763A political deadlock looms over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023.
5149The U.S. central bank’s liabilities may increase if more regional banks fail, creating an upside scenario for the price of Bitcoin.
14140Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin.
5574Ether’s price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different?
54355What will happen to the crypto markets when quantitative tightening takes full effect and the Federal Reserve shelves the money printer?
14012Strong euro and overbought readings could pressure the dollar further, showing signs of topping out — Bitcoin at risk of falling.
3890Bitcoin's correlation with stocks has risen to alarming levels, according to some market analysts.
16702ETH/BTC could reach 0.10 this year as the market anticipates Ethereum's proof-of-stake switch.
15147If nation-states held their reserves in Bitcoin, instead of fiat, they would be less incentivized to go to war, says chief strategy officer at the Human Rights Foundation, Alex Gladstein.
5411But a near-perfect correlation between Avalanche and Bitcoin so far this year could spoil the bullish outlook.
6952The statement appears as Jerome Powell keeps the door open for a 0.5% rate hike in the summer and Fitch Ratings warn about a major slash in the U.S. gross domestic product (GDP).
8277Bitcoin’s growth has quickly outpaced Nasdaq’s in the past 10 years.
15495While recent bearish crossovers between Bitcoin‘s 50-day and 200-day exponential moving averages failed to push prices lower, this time could be different.
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