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Bitcoin dips below $61K despite Fed’s dovish stance
Bitcoin (BTC) continued trading in the red and fell below $61,000 despite the Federal Reserve’s dovish remarks in the Federal Open Market Committee’s (FOMC) minutes published on Oct. 9.As of […]
StanChart believes Solana will outperform Bitcoin, Ethereum under Trump administration
Standard Chartered’s latest research reveals that Solana (SOL) could see substantial valuation growth if former President Donald Trump wins the election against Vice President Kamala Harris.According to the report, a […]
Economic data from G20 countries reveals timeline to Hyperbitcoinization inevitability
Four years on from the start of the COVID-induced global financial crisis, the global economy stands at a pivotal moment, characterized by moderate inflation and low unemployment yet overshadowed by […]
Bitcoin’s Q4 rally uncertain amid weak demand signals – CryptoQuant
Bitcoin (BTC) has entered its historically favorable fourth-quarter period, but the potential for a strong rally remains uncertain due to weak demand growth, according to an Oct. 2 CryptoQuant report.The […]
Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buys
Bitcoin’s (BTC) usual strong performance in October is threatened by high open interest in futures contracts and flattening buying activity by spot investors, according to the Sept. 30 edition of […]
Bitcoin climbs to $66,000, marking best September performance in history
Bitcoin (BTC) surged past $66,000 on Sept. 27 as New York opened for trading, reaching a two-month high to record its best September performance on record.The rally comes amid economic […]
Hong Kong looks to become global OTC crypto center with new EU style reporting
Hong Kong’s financial regulators have announced plans to harmonize the city’s over-the-counter (OTC) derivatives reporting regime, including crypto derivatives, with international standards. The Hong Kong Monetary Authority (HKMA) and the […]
Analysts remain divided on Q4 outlook despite Bitcoin rally following rate cuts
Bitcoin (BTC) is up 5.4% over the past seven days, fueled by the US Federal Reserve’s 50 basis point interest rate cut. However, industry analysts are still divided on the […]
BlackRock’s head of digital assets says Bitcoin is risky, but still a ‘risk-off’ asset
BlackRock head of digital assets Robbie Mitchnick believes the crypto industry has made a marketing blunder when it comes to Bitcoin (BTC).Mitchnick said during an interview with Bloomberg that Bitcoin […]
Bitcoin could continue to consolidte under $65,200 in the near term – Bitfinex
Bitcoin (BTC) is approaching its Aug. 25 high of $65,200, a resistance threshold that could hold BTC in a consolidation zone for more weeks, according to the latest edition of […]