edward moya

Economist Says We're Entering 'Chilly Crypto Spring' as Fed Holds Interest Rates Steady
Economist Says We're Entering 'Chilly Crypto Spring' as Fed Holds Interest Rates Steady
The U S Federal Reserve on Wednesday held monetary policy steady as anticipated leaving the range for its benchmark interest rate at 5 25 to 5 50 OANDA senior market analyst for the Americas Edward Moya along with Crypto is Macro Now economist and the new host of Coin Desk's Markets Daily podcast Noelle Acheson [...]
Economist Says We're Entering 'Chilly Crypto Spring' as Fed Holds Interest Rates Steady

Robinhood Ending Support for Tokens Named in SEC Lawsuit as Securities
Robinhood Ending Support for Tokens Named in SEC Lawsuit as Securities
Robinhood (HOOD), the popular trading platform, is ending support for Cardano (ADA), Polygon (MATIC) and Solana (SOL), three tokens that the SEC named securities in its recent lawsuits against Binance and Coinbase. OANDA Senior Market Analyst of The Americas Edward Moya discusses what Robinhood's delisting of these tokens could mean for bitcoin (BTC).
Robinhood Ending Support for Tokens Named in SEC Lawsuit as Securities

Bitcoin Could Reach $40K By End of Year: Analyst
Bitcoin Could Reach $40K By End of Year: Analyst
Edward Moya OANDA Senior Market Analyst of The Americas discusses why he thinks bitcoin BTC could end the year around the 40 000 level citing the recent macroeconomic backdrop and the recent flurry of spot bitcoin ETF filings in the U S Plus Moya addresses the possible market reaction to Robinhood ending support for Cardano [...]
Bitcoin Could Reach $40K By End of Year: Analyst

'Worst-Case Scenario' for Coinbase Would be for Crypto Exchange to Leave the U.S.: Analyst
'Worst-Case Scenario' for Coinbase Would be for Crypto Exchange to Leave the U.S.: Analyst
Coinbase (COIN) has obtained a license to offer its services in Bermuda as part of its international expansion efforts, the firm announced in a blog post on Wednesday. Edward Moya, OANDA Senior Market Analyst for The Americas, reacts to these latest developments and shares his bitcoin price analysis.
'Worst-Case Scenario' for Coinbase Would be for Crypto Exchange to Leave the U.S.: Analyst

Bitcoin Trades Sideways Amid Silvergate Concerns
Bitcoin Trades Sideways Amid Silvergate Concerns
OANDA Senior Market Analyst of The Americas Edward Moya discusses his outlook for bitcoin as the largest cryptocurrency by market cap continues to trade sideways amid continued Silvergate woes and potential regulatory headwinds ahead.
Bitcoin Trades Sideways Amid Silvergate Concerns

'Disinflationary' Trends Will Soon Hit a Wall: Analyst
'Disinflationary' Trends Will Soon Hit a Wall: Analyst
"It's going to be very hard to get to 2% [inflation]," OANDA Senior Market Analyst Edward Moya said, reacting to the U.S. Federal Reserve's latest interest rate hike and Chair Jerome Powell's comments that "disinflation" has started. Plus, he shares insights on how traders are reacting to the "hot" labor market.
'Disinflationary' Trends Will Soon Hit a Wall: Analyst

Bitcoin in the Red for Fifth Consecutive Day
Bitcoin in the Red for Fifth Consecutive Day
Bitcoin (BTC) is trading down for a fifth straight day, the longest run since falling over six consecutive days in August last year. OANDA Senior Market Analyst of The Americas Edward Moya discusses his BTC outlook and the impact of macroeconomic factors on the crypto markets, noting the recent January jobs report data.
Bitcoin in the Red for Fifth Consecutive Day

US Federal Reserve, Other Regulators Issue Crypto Warning for Banking System
US Federal Reserve, Other Regulators Issue Crypto Warning for Banking System
On Tuesday, the U.S. Federal Reserve and other regulators issued a crypto warning for the banking system. However, the statement doesn’t extend any new policies about how traditional lenders deal with digital assets. OANDA Senior Market Analyst for The Americas Edward Moya discusses what this means for bitcoin and the broader crypto markets.
US Federal Reserve, Other Regulators Issue Crypto Warning for Banking System

Bitcoin Remains Range-Bound Since Mid-December
Bitcoin Remains Range-Bound Since Mid-December
OANDA Senior Market Analyst for The Americas Edward Moya discusses his bitcoin analysis and outlook as the cryptocurrency continues to trade sideways. Plus, the impact of the U.S. Federal Reserve and other regulators issuing a crypto warning for the banking system.
Bitcoin Remains Range-Bound Since Mid-December

Analyst Explains Why Crypto Investors Are 'Demotivated' Right Now
Analyst Explains Why Crypto Investors Are 'Demotivated' Right Now
Edward Moya, senior market analyst of the Americas at OANDA, discusses bitcoin investment activity in the wake of FTX's collapse and the wider crypto contagion. "You're not seeing a whole lot of investment come in," Moya said, adding that traders are "demotivated to get back in."
Analyst Explains Why Crypto Investors Are 'Demotivated' Right Now