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Market Wrap: Tumaas ang Bitcoin at Stocks Pagkatapos Magtaas ng Rate ng Fed; Madali ang Pag-aalala sa Paglago

Tumaas ng 5% ang BTC sa nakalipas na 24 na oras habang humihina ang bearish na sentimento.

U.S. Federal Reserve building (Shutterstock)

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Marathon Digital ‘Cautiously Optimistic’ About Early 2023 Hashrate Guidance

Publicly traded crypto mining firm Marathon Digital (MARA) has released its Q1 earnings report, stating that the company is “cautiously optimistic” about meeting early 2023 hashrate guidance despite delays. “The Hash” group discusses the firm’s dip in bitcoin production and efforts made to tackle environmental concerns. 

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MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1

According to its recent earnings report, software firm MicroStrategy (MSTR) took a non-cash digital asset impairment charge of $170.1 million in the first quarter on its bitcoin holdings. “The Hash” group discusses the impact of bitcoin’s recent price decline on MicroStrategy’s earnings and shareholder response to the company’s crypto experiment. 

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Terra to Provide UST Liquidity on Polygon-Based SynFutures

Terra will provide liquidity for TerraUSD (UST) trade pairs on Polygon-based decentralized finance (DeFi) exchange SynFutures as the stablecoin continues to grow in popularity. “The Hash” group discusses the Luna Foundation Guard’s (LFG) bitcoin acquisitions to back the digital asset and Terra’s efforts to build cultural bridges with external ecosystems like Avalanche. 

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Markets

Mas Mataas ang Bitcoin Bago ang Anunsyo ng FOMC

Tumataas ang presyo ng Bitcoin habang naghihintay ang mga mangangalakal ng 2 pm ET rate announcement mula sa monetary Policy committee ng Federal Reserve.

The largest cryptocurrency rose 1.94% in the past 24 hours to around $38,931 as of press time.

Markets

Ang Bitcoin Downtrend ay Nagpapatatag, Paglaban sa $40K-$43K

Asahan ang pabagu-bagong pagkilos ng presyo sa loob ng kasalukuyang hanay ng kalakalan.

Bitcoin's daily price chart shows support/resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)

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Markets

Ang Crypto Funds ay Nagdurusa sa Ika-apat na Straight Week ng Outflows bilang Bitcoin Stalls

Mga $120 milyon ang dumaloy mula sa mga digital-asset na pondo sa linggo hanggang Abril 29, ayon sa CoinShares.

Digital-asset funds had $120 million in net outflows in the seven days through April 29. (CoinShares)

Videos

Bitcoin’s Role in a Recession; Virtual NFT Vacations

South Korea’s KakaoBank considers crypto exchange partnerships. What is Bitcoin’s relevance as a safe haven as the threat of recession looms? India’s MakeMyTrip launches NFT collection of top travel spots. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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