The year 2022 has not been kind for cryptocurrency mining advocates. With the world economy entering a severe post-pandemic economic depression, inflation is booming — causing cryptocurrencies to suffer an extreme devaluation over the past months. On top of that, inflation — paired with a harsh heatwave, caused energy costs to significantly rise across Europe […]
Category: Bitcoin
The latest news headlines involving Bitcoin.
September 24, 2022
September 23, 2022
Ethereum And Bitcoin Weather The Storm After Fed Hit
Bitcoin (BTC) e Ethereum (ETH) are experiencing high volatility as the Federal Reserve decided to yet again raise the country’s interest rate by 0.75%, reaching a range between 3% and 3.25%. Right after the Federal Reserve announcement, cryptocurrencies took another hit. However, this time the digital assets look like they were able to withstand the […]
September 23, 2022
Whales Buy $3.12 Billion BTC In 24 Hours Ahead of Fed Interest Policy Announcement
Bitcoin was instantly impacted by the Federal Reserve’s interest rate hike on Wednesday and failed to gain traction. Other cryptocurrencies, such as Ethereum also saw to a decrease in value among the world’s leading cryptocurrencies. Following the statement by the US Federal Reserve, Bitcoin lost its grip on the important $19,000 mark. According to Coingecko […]
