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  ETHEREUM TUMBLES 1.48% TO 1333.32 ON WEDNESDAY. Mike Novo Gratz says after the merger Ethereum had a big move down. The merger was an amazing performance in lots of ways, it shows the decentralized community can accomplish something that’s really complicated. We all know that Ethereum had gone from $1000 to $2000. After that, we could clearly see a pullback after that and mike feels that $1,250 should be the bottom here and so Ethereum is closer to the bottom than the top. Novo Gratz says that bitcoin falling dramatically because of increasing interest rates by institutions, Blackrock deal with Coinbase and their own fund when people are coming to buy and bitcoin could go as lower as it can Most of the Altcoins are in the red zone, Bitcoin shows no reversal trend. The market condition can be tracked by several factors such as the federal reserve interest rate hike The major resistance for bitcoin is $20,000 and it’s stuck below this level and it will go down for some time because...

  EUROPEAN STOCKS HIGHER; EUROZONE PPI DATA DUE European stock markets climbed higher Tuesday, building on the previous session’s positive start to the new quarter. By 03:45 ET (07:45 GMT), the DAX in Germany traded 1.9% higher, the CAC 40 in France rose 2.3%, and U.K.’s FTSE 100 climbed 1.1%. European equities have started the new quarter on an upbeat note, bouncing after the sharp losses of the third quarter caused by concerns over slowing growth and aggressive monetary policy tightening. Helping the tone was the decision of the U.K government to reverse proposed tax cuts for top earners. That said, this only rules out a small percentage of the planned 45 billion pounds of unfunded tax cuts announced last week, and seriously undermines the authority of both the Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng. Also helping sentiment was Australia’s central bank raising interest rates by a smaller-than-expected 25 basis points earlier Tuesday. The economic d...