As the Federal Reserve appears to be poised to take a more hawkish stance on monetary policy (for now… maybe), especially in light of recent high inflation data, cryptocurrency investors seem to be rethinking how they’re allocating their money in the sector.One would expect that to mean good news not just for the price of ether, the native token of the Ethereum network, but … [Read more...] about Alts Find It Tough to Beat Layer 1 King Ethereum
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PayPal’s Q3 Earnings Beat Estimates but Revenues Fall Short
PayPal’s (PYPL) adjusted earnings per share of $1.11 for the third quarter came in ahead of the analyst consensus estimate of $1.07, according to FactSet. But the company also posted revenue of $6.18 billion in the third quarter, which was short of estimates of $6.23 billion. Source link … [Read more...] about PayPal’s Q3 Earnings Beat Estimates but Revenues Fall Short
Bitcoin rejects at $34.5K as analysts reveal key resistance level to beat next
Bitcoin (BTC) erased some of its gains on June 24 in a test of lower levels, which spooked already wary traders.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAll eyes on $37,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local lows of $32,400 on Thursday.The pair had risen as high as $34,711 on Bitstamp the day before, making a … [Read more...] about Bitcoin rejects at $34.5K as analysts reveal key resistance level to beat next