Bitcoin may have bottomed out – The worst may be over for the Crypto markets
Bitcoin soared above $22,000 and Ether above $1,500 on July 18, raising hopes that the worst may be over for the cryptocurrency markets. Bitcoin’s recovery started on July 13 even as the United States inflation in the month of June hit a 40-year high of 9.1%, much higher than economist expectations of 8.8%, according to Refinitiv.
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Bitcoin Price Bounces Back: Be Ready for the Rally Above $23,000
The first half of 2022 has been brutal for the Bitcoin price, other cryptocurrencies and equity markets. Investors fled risky assets as the United States Federal Reserve commenced aggressive monetary tightening to control surging inflation and that stoked fears of a recession.
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Bitcoin Price has Bottomed Out – When is The Best Time to Invest in Crypto?
The crypto markets witnessed panic selling last week after Terra’s LUNA token and the algorithmic stablecoin UST collapsed. The selling exacerbated further after the largest stablecoin tether (USDT) lost its dollar peg briefly. That pulled Bitcoin price to its lowest level since December 2020.
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Loop Ventures Revolutionizes Blockchain Innovation: Loop Ventures Incubator Open for Applications
Built on Terra, Loop Ventures is the world’s first unified investment portal, giving investors access to innovative blockchain projects.
We are glad to announce that applications to our Loop Ventures Nova incubator are currently open,
where we incubate and accelerate innovative blockchain projects right from their point of conception, to funding, to scaling.
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LOOP VENTURES: THE FIRST UNIFIED INVESTMENT PLATFORM ON TERRA
You may be wishing for a platform to help find and invest in solid, well-founded projects and access to research them further. That might be confusing if it involves crypto. As a crypto investor, such platforms are rare. But, there is one of a kind platform that solves this puzzle.
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Beyond Bitcoin: These 5 Altcoins Are the Future of Cryptocurrency
Cryptocurrency Market Update: Is Bitcoin and Altcoins Attempting Recovery?
Bitcoin and major altcoins are giving the signal for recovery. Is this a good time to start buying or should one sell the rallies?
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Look Beyond Bitcoin – 5 Best Altcoins to Shine in 2022
Bitcoin has pulled back this week on indications that the US Federal Reserve may raise rates at a faster face to combat surging inflation. The CME’s FedWatch Tool projects a 75% possibility of a 50 basis point hike in the next Federal Reserve meeting in May.
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