Bitcoin’s Future Could be Tied to the Outcome of the U.S. Election: Jefferies
Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the…
Category: News
Bitcoin Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated
BTC nosedived from over $65,500 to $64,100 within minutes in the early hours of Thursday as Asian markets suffered. Bitcoin (BTC) nosedived over 3% at the start…
Bitcoin, SHIB Trade at 30% Haircut on WazirX as Exploiter Converts Stolen Loot to Ether
The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto community…
Bitcoin Dips Below $63K as Mt. Gox Moves $2.8B BTC to Internal Wallets
One observer said the movement of coins was likely a part of the exchange’s creditor reimbursement plan. Bitcoin (BTC) faced renewed selling pressure on Tuesday after blockchain…
Bitcoin Retakes $62K as ‘Trump Trades’ Back In Vogue After Weekend Attack
The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said. Assets linked to U.S. Republican candidate Donald Trump’s probability…
U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K
Market participants became increasingly convinced that the Fed was going to trim rates at its September meeting following the report. Inflation continued to retreat in…
Bullish Bitcoin Drivers Remain in Play Despite Germany’s Sales, Mt. Gox Reimbursements
Macro factors and persistent “risk-on” in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry. It may seem like turbulent times in…
Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst
The bearish pattern hints at a further correction. Bitcoin (BTC) has carved out a double-top price pattern, signaling a potential bearish trend change ahead of key data…
XRP, LINK, ETH Stand Out Relative to BTC in Sector Rotation Analysis, DOGE Struggles
Fairlead’s 12-week relative rotation graph shows signs of green shoots in XRP, LINK, ETH. Crypto traders looking for clues on pockets of the crypto market…
Payrolls-Led Bitcoin, Ether Price Swoon Is ‘Buy the Dip’ Opportunity, Crypto Trading Firm Says
Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said. Bitcoin (BTC) and ether (ETH) have lost steam since Friday’s hotter-than-expected U.S. jobs…