Ether (ETH), the main token issued on the Ethereum blockchain, outperformed Bitcoin by more than 170% from late March 28 to the middle of May. The incredible bull run caused ETH to reach an all-time high close to the $4,500 level. However, the trend has reversed, and Ether is…
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99Crypto
The Federal Reserve Serious About Raising Interest Rates Next Year
Looks like interest rates will be rising in the United States later this year. Just when Wall Street investors were getting used to a long period of low borrowing costs, the president of the Federal Reserve Bank of St. Louis issued comments that strongly suggest higher rates are on the…
Bitcoin Price and Inflation Perspectives: A Timely Assessment
On June 17, Bitcoin prices took a slight dive from $38K down to $37,365 even though there are concerted efforts by wealthy investors to accumulate tokens and hope that the tide will turn in the direction of the $40,000 level. BTC was not the only trading commodity to…
SEC Takes Comments On Bitcoin ETF From Van Eck Associates Corp
The United States Securities and Exchange Commission has opened a period of open commentary on the request filed by Van Eck Associates Corp. to operate a Bitcoin exchange-traded fund, which would ostensibly be listed on the Chicago Board Options Exchange instead of Wall Street venues such as the New York…
Ethereum 2.0's Long Awaited Smart Contracts Coming In 2022 Now
Similar to Bitcoin, the main Ethereum token has taken considerable hits during the current bearish period for the digital currency markets. Even though ETH has been able to recover near the $2,600 pricing level, there are strong doubts about this token's ability to build a strong support…
Bitcoin Flirts with $41,000 and Investors Feel Bullish
After two months of bearish action on the cryptocurrency markets, Bitcoin was able to post a three-week high in a single day with exchange prices touching the $41,000 level before going into the usual pullback mode. Even though BTC is still far from its $65,000 high back in…