Huobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency ...
A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the price of cryptocurrencies. The report, titled “Taper Landed: The Turning Point of The Cryptocurrency Market is Coming,” states that due to the upcoming tapering, the continued growth of high-risk assets (including cryptocurrency) could be difficult to maintain. Huobi Report Examines Fed Taper Effects Huobi Research’s latest report, titled “Taper Landed: The Turning Point....
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Even though venture capital inflows into the blockchain industry dropped by 66% in Q3 2022, it doesn’t necessarily suggest an overwhelmingly bearish sentiment. In 2022, it’s no surprise that most assets are in a bear market. People have a variety of signals they look for when determining a good time to enter the market, and Cointelegraph Research’s Venture Capital Report for Q2 revealed that VC inflows stagnated at just above $14 billion last quarter, the same as Q1.However, the third quarter did not fare as well, dropping over 66% to just $4.98 billion, as Cointelegraph Research explores....
The once-sizzling crypto market continues to sputter, with Bitcoin, the undisputed king of the digital realm, leading the retreat. After a euphoric climb that saw it breach the $73,000 level earlier this year, Bitcoin has shed its royal cloak, plummeting to new lows and dragging the entire crypto ecosystem into a period of frosty uncertainty. Related Reading: Solana Slides 13% – Can It Recover Despite Analyst’s $1,000 Prediction? Exodus From The Empire: Investors Pull Billions The past weeks have been marked by a mass exodus from Bitcoin. Investors, spooked by the prolonged price slump,....
On the brighter side, DeFi will continue to expand and adapt, with DAO governance eventually becoming a major driver of activity. Another major player in the cryptocurrency world is forecasting a dismal year for Bitcoin (BTC) in 2022. Following the United States Federal Reserve’s and other central banks’ tightening of liquidity measures, Huobi Research believes that BTC will enter a bear market. On the brighter side, decentralized finance (DeFi) will continue to expand and adapt, with decentralized autonomous organization (DAO) governance eventually becoming a major driver of activity on....
Messari, a leading crypto analytics firm, has recently published an in-depth report on the XRP Ledger’s performance in Q3 2023. The data, accumulated in association with XRPScan, CoinGecko, and Coin Metrics, paints a picture of growth in certain areas while highlighting potential challenges in others. XRP Ledger Sees Robust Growth Messari’s report highlights that following […]
With its stated mandate goals, the Fed is implicitly telling the market that any taper talk is complete nonsense.