After Australia’s Reserve Bank (RBA) terminated its quantitative easing (QE) bond-buying program, the bitcoin price underlying cryptocurrency held steady early on Tuesday. Concerns surrounding price stability were addressed as well.
RBA’s choice to end QE comes after a time period of intensified market tensions in the U.S. Last Wednesday, the Federal Reserve restated its commitment to end its bond purchases in March and set a timeline for a rate increase in the same calendar month. Markets are now priced for 5 quarter-point hike in Fed regular rate in three months later.
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In this video, I give you the top crypto news of the day in less than 3 minutes. We’ll discuss the possibilities of NFTs on Avalanche (AVAX) after a HUGE fundraise from investors. Could AVAX be the next Solana? We have BIG news on Audius as more celebrities hop on the wagon and decide to invest BIG money. Finally, an OpenSea executive has been caught insider trading Ethereum NFTs.
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Today we are discussing huge news regarding AMC Theatres. Also, Coinbase will start offering Futres trading! Finally, there was a GIANT scandal that has rocked the NFT world.
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Bitcoin just tested a critical level… Here’s what this pattern means. Bitcoin’s has managed to recover above its weekly 21 EMA, which is typically a positive and bullish sign. However, what if bitcoin fails to hold above this level – specially now that it has come to test its weekly 21 EMA? What does history say about the pattern of when bitcoin drops and closes below its weekly 21 EMA? Are the probabilities mostly positive or negative? We look at the charts and the statistics. #Bitcoin #BTC #AlessioRastani
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1/ Solana Mainnet Beta encountered a large increase in transaction load which peaked at 400,000 TPS. These transactions flooded the transaction processing queue, and lack of prioritization of network-critical messaging caused the network to start forking.
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Bitcoin just tested a critical level… Here’s what this pattern means. Bitcoin’s has managed to recover above its weekly 21 EMA, which is typically a positive and bullish sign. However, what if bitcoin fails to hold above this level – specially now that it has come to test its weekly 21 EMA? What does history say about the pattern of when bitcoin drops and closes below its weekly 21 EMA? Are the probabilities mostly positive or negative? We look at the charts and the statistics. #Bitcoin #BTC #AlessioRastani
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