NFT industry in Africa and Middle-East poised for rapid growth
NFT technology adoption and blockchain gaming reported to be on the rise in African and Middle-East markets with significant growth expected up to 2028.
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NFT technology adoption and blockchain gaming reported to be on the rise in African and Middle-East markets with significant growth expected up to 2028.
Josh O'Sullivan 2 min read
The leading cryptocurrency dropped to $16,780 in response to a buoyant labor market stoking inflation risk.
Bitcoin’s fundamentals remain unaffected, despite the Fed increasing interest rates and now planning to reconsider its inflation rate target
The fight for energy has brought the E.U. to its knees as it struggles to satisfy demand with a weakened currency and rising prices. However, the aftermath of Europe's energy struggle could be beneficial to Bitcoin.
Miners selling at the most aggressive rate over the last two years as the Bitcoin network set to adjust difficulty negatively for the next epoch.
The deep negative fund rates seen in recent history suggest further market depression before optimism can be established for a reversal.
The price of Bitcoin spiked 7.5% on news of better than expected inflation data.
CPI inflation is forecast for another 0.6% monthly increase piling on sell pressure for risk-on assets.
The Fed announces a 75 bps hike following the FOMC meeting, Bitcoin spikes to $20,700 in response but remains caught in a narrow trading band.
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