// BEGIN ENQUEUE PARENT ACTION // AUTO GENERATED - Do not modify or remove comment markers above or below: if ( !function_exists( 'chld_thm_cfg_locale_css' ) ): function chld_thm_cfg_locale_css( $uri ){ if ( empty( $uri ) && is_rtl() && file_exists( get_template_directory() . '/rtl.css' ) ) $uri = get_template_directory_uri() . '/rtl.css'; return $uri; } endif; add_filter( 'locale_stylesheet_uri', 'chld_thm_cfg_locale_css' ); if ( !function_exists( 'chld_thm_cfg_parent_css' ) ): function chld_thm_cfg_parent_css() { wp_enqueue_style( 'chld_thm_cfg_parent', trailingslashit( get_template_directory_uri() ) . 'style.css', array( 'font-awesome-v5','bootstrap','sidr','magnific-popup','sliderpro' ) ); wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); } endif; add_action( 'wp_enqueue_scripts', 'chld_thm_cfg_parent_css', 10 ); // END ENQUEUE PARENT ACTION add_action( 'admin_enqueue_scripts', 'my_cfg_admin_enqueue' ); function my_cfg_admin_enqueue(){ wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); wp_enqueue_style('style-cfg-child', get_stylesheet_uri(), array(), "4.2"); } add_action( 'after_setup_theme', 'remove_plugin_image_sizes', 999 ); function remove_plugin_image_sizes(){ remove_image_size( '2048x2048' ); remove_image_size( '1536x1536' ); remove_image_size( 'large' ); } function action_dynamic_sidebar_after( $array ) { if($array == "home-content-widgets") { echo the_content(); } }; add_action( 'dynamic_sidebar_after', 'action_dynamic_sidebar_after', 10, 1 ); add_action( 'trashed_post', 'mtp_delete_attached_thumbnail_for_trashed_product', 20, 1 ); function mtp_delete_attached_thumbnail_for_trashed_product( $post_id ) { // gets ID of post being trashed $post_type = get_post_type( $post_id ); // does not run on other post types if ( $post_type != 'post' ) { return true; } // get ID of featured image $post_thumbnail_id = get_post_thumbnail_id( $post_id ); // delete featured image wp_delete_attachment( $post_thumbnail_id, true ); }/** * The header for our theme * * This is the template that displays all of the section and everything up until
* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> Here’s why crypto prices are down – CoinsMegaNews

Here’s why crypto prices are down

2 years ago CryptoExpert
Here’s why crypto prices are down

[ad_1]

In today’s The Market Report episode, analyst and writer Marcel Pechman discusses why crypto prices are going down after Bitcoin (BTC) failed to break above $29,000, plus whether or not Jerome Powell is lying about keeping interest rates above 5%, and lastly, what Warren Buffett meant by the “incredible period” coming to an end. The show airs every Tuesday on the Cointelegraph Markets & Research YouTube channel.

The first news article explains why Bitcoin has been trading in a narrow range near $28,000. The culprit? The standoff between markets and policymakers as United States Federal Reserve Chair Jerome Powell publicly stated that interest rates are unlikely to come down this year. Meanwhile, the markets for risk-on assets have firmly priced in rates to decrease in the coming months.

Pechman explains why the Fed raised interest rates above 5% and the apparent disconnection between the 3.4% unemployment rate and the 42 million North Americans who are SNAP recipients (on food stamps). Furthermore, the analyst dives into the $31.5 trillion in government debt and the discussion to further raise this limit.

But, more importantly, Pechman explains that Bitcoin could revisit sub-$20,000 levels if the government is not bluffing by keeping interest rates above 5% throughout 2023. As for the memecoin invasion, Pechman thinks that the PEPE rally (and subsequent correction) is merely a sector rotation, not an altcoin season by any means. Moreover, the analyst explains why futures markets are needed to create balanced and more effective market pricing for PEPE.

On to the show’s next topic: Pechman discusses Warren Buffett’s bear play after increasing his investment holding company Berkshire Hathaway’s cash position to its highest level in 18 months. An incoming recession or merely weaker earnings in the next couple of quarters? Check out today’s Market Report to find out.

In the last part of The Market Report, Pechman explains what caused Bitcoin network fees to surge above $10, causing Binance to halt withdrawals. Are Ordinals and Inscriptions an attack on Bitcoin? What does it mean for the Lightning Network and Bitcoin’s use case in general? Don’t miss it! The show is available exclusively on the Cointelegraph Markets & Research YouTube channel.

[ad_2]

Source link

Tags:

More Stories

Bitcoin Scarcity Post-Halving Will Trigger a Steady Bull Run

Bitcoin’s Scarcity After the Halving to Result in Steady Bull Run

1 year ago CryptoExpert
Bear Market Blues Return as Analyst Predicts 30% Bitcoin Correction to $51K

Bear Market Blues Return as Analyst Predicts 30% Bitcoin Correction to $51K

1 year ago CryptoExpert
Former Bitmex Chief Expects Crypto Prices to ‘Slump’ Around the Bitcoin Halving

Former Bitmex Chief Expects Crypto Prices to ‘Slump’ Around the Bitcoin Halving

1 year ago CryptoExpert
Crypto Market Recovers After Iran-Israel Conflict Rocks Prices

Bitcoin, Crypto Market Bounce Back After Iran-Israel Clash

1 year ago CryptoExpert
Venture Capital Interest in Bitcoin Startups Has Exploded: Research

Venture Capital Interest in Bitcoin Startups Has Exploded: Research

1 year ago CryptoExpert
The Only Path Forward to Web3 Adoption: Unlocking Tech Synergy Through Collaboration

The Only Path Forward to Web3 Adoption: Unlocking Tech Synergy Through Collaboration

1 year ago CryptoExpert

Leave a Reply

Your email address will not be published. Required fields are marked *

/** * The template for displaying the footer * * Contains the closing of the #content div and all content after. * * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?>

You may have missed

Online Online Casino List: A Comprehensive Guide to the Best Online Casinos online

6 hours ago xtw18387208b

Online Slot Machine Best Payout: Rise Your Earnings with These Tips

6 hours ago xtw18387208b

Greatest Payment Online Gambling Enterprises: A Guide to Optimizing Your Payouts

8 hours ago xtw18387208b

Many Popular Online Slot Machine: A Guide to the Best Port Gamings

8 hours ago xtw18387208b