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Tag Archives: BTC

Fed Swells Its Balance Sheet by $300 Billion in Wake of Crisis, All Monetary Tightening Efforts in Vain?

As the Fed intervenes in order to prevent a crisis in the US banking system, analysts answer whether the Fed has chosen to pivot from its quantitative tightening measures. The banking crisis last week in the US pushed Wall Street to the edge giving glimpses of yet another 2008-like financial crisis. However, the Fed and other agencies intervened pumping a fresh $300 billion into the economy and thus increasing its balance sheet. This has served as a temporary oxygen to the global...

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El Salvador Offers New Bitcoin, Lightning Dev Courses

Students who finish the course will be given several options for continuing the Bitcoin journey, including the variant to start a full-time job at a renowned Bitcoin firm. El Salvador has come up with a new crypto initiative for its citizens. The Bitcoin Officer has announced a new six-month educational program called “CUBO+” that strives to churn out elite-level Bitcoin and Lightning developers via the Salvadoran university system. According to the announcement, the dev Bitcoin courses...

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Bitcoin Price Analysis: BTC Rally Could Extend Above $26K

Bitcoin price started a fresh increase above the $24,000 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $21,950 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $25,250 level. Bitcoin price is showing positive signs above $24,000 against the US Dollar....

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BTC Soars to Highest Point Since June 2022, is $30K in Sight? (Bitcoin Price Analysis)

Bitcoin’s price has surged over the last couple of days and has broken past a key resistance level. While the momentum is highly bullish, there are some caution signals to look out for. Technical Analysis By: Edris The Daily Chart: On the daily chart, the price has rebounded decisively from the significant 200-day moving average, located around the $20K mark a few days ago. Since then, the market has been trending impulsively to the upside, finally breaking above the $25K...

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Bitcoin Price Analysis: BTC Could Dive Further

Bitcoin price started a fresh decline from the $24,000 zone against the US Dollar. The price is now trading below $23,000 and the 55 simple moving average (4-hours). There is a major bearish trend lien forming with resistance near $22,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline towards the $21,500 and $21,000 levels. Bitcoin price is declining below $23,500 against the US Dollar. BTC might extend losses if it...

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