How Does the Fed Rate Affect the Price of Bitcoin?
The key monetary policy tool in the United States is the base interest rate set by the Federal Reserve. A change in the base rate has a substantial impact on the status of the financial system as well as the stock market. Additionally, this shift is reflected in the value of...
Coin burning: What is It and How Does It Affect Prices?
Coin burning is the act of destroying a certain amount of cryptocurrency so that there is less of it and more people want to buy it. Most of the time, this procedure makes the asset more expensive. What Does Coin Burning Mean? This is the permanent removal of a certain...
Everything You Need to Know about Etherscan
Etherscan is a platform for the Ethereum blockchain that lets you look at blocks and analyze them. A team of developers from Malaysia started the project in 2015. This is a separate group that doesn't get money from the Ethereum Foundation. What is Etherscan? Etherscan,...
What Does the Hash Ribbons Indicator Mean?
Hash Ribbons is a way to figure out when the price of bitcoin is at its lowest point around the world. The metric measures how people feel about the market and how likely it is that miners will quit if the price of the first cryptocurrency goes down or if mining costs go up....
Tips and Perspectives on Investing in Metaverse Projects
Every week, the idea of the metaverse garners more and more attention, and it is steadily moving closer and closer toward mainstream acceptance. This is especially obvious now that Facebook has changed its name; many other firms are also considering joining the ecosystem....