A2Z Cryptocurrencies
Coverage of A2Z Cryptocurrencies in the Nexus archive.
- Recovery Won't Cross $100k (BTC) Before Fed Starts Printing Again
The crypto market lacks liquidity and won't recover to $100k before the Federal Reserve starts printing again. The next gains in the crypto market require new funds, which can come when interest rates are lowered. This might happen around the June 16-17 meeting.
- Dormant Ethereum Wallets Being Drained in a New Kind of Exploit, Funds Laundered on Thorchain
Dormant Ethereum wallets inactive for over 8 years are being drained in a new exploit, with stolen funds laundered via Thorchain. Claims of quantum hackers are dismissed due to Ethereum's 256-bit encryption surpassing current quantum capabilities.
- Crypto Markets Are in a Neutral Zone
The crypto market is in a neutral zone with the Altcoin Season Index at 41, Fear and Greed Index at 44, and Market RSI at 48. The article predicts a potential Bitcoin price breakout to $100k by June or a breakdown to $50k, depending on macroeconomic factors like Fed rates and global trade, particularly crude oil via Hormuz.
- Bitcoin Bottom Confirmed, But Dont Get Hopes High Until Fed Lowers Rates and Conflicts End
Cryptocurrency markets have bottomed out as Bitcoin approaches $80k, with potential for a surge to $100k. However, gains are constrained by high Federal Reserve interest rates and ongoing global conflicts, requiring a strong market signal like rate cuts or economic growth for sustained recovery.