Today – bullish investors in the stock market saw stocks dip to one of the lowest points of 2022. Stock trading reached a record low in the year, likely as a result of the Fed interest raising policies affecting the stock market. In general, Cryptocurrencies almost always mirror the price movement of stocks when the […]
Tag: BTC
September 27, 2022
September 24, 2022
Bitcoin Mining Firm Compute North Files for Bankruptcy
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 […]
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 […]