Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113K After ISM Services PMI
A stalwart in showing strong economic activity, the ISM Services PMI has moved notably slower over the past three months. Adding to the shocking downward…
Tag: Bitcoin
Whale Revives Profit-Taking Concerns as Bitcoin Holds Flat: Crypto Daybook Americas
Bitcoin’s Asian session bounce from $117,500 ran out of steam near $119,200 during European hours, extending two weeks of directionless trading. The CoinDesk 20 (CD20) Index traded 1.4%…
Bitcoin Treads Water as Traders Eye $140K: Crypto Daybook Americas
While bitcoin BTC$119,172.52 is pretty much back to where it was 24 hours ago, ether (ETH) and XRP XRP$3.4963 extended their gains after the House of Representatives passed the…
Bitcoin Rebounds Toward $110K, Presaging What Could Be a Volatile July
Lifting crypto sentiment today could be what’s being touted as a strong debut for a Solana staking ETF. Bitcoin BTC$109,601.05 is bouncing hard towards $110,000 on…
Trump Media Share Buyback to be Funded Separately From BTC Treasury Strategy
Trump Media recently raised more than $2 billion from around 50 institutional investors to create a BTC treasury. Trump Media and Technology Group (DJT), the…
Tron Looks to go Public in the U.S., Form Strategy Like TRX Holding Firm: FT
The new venture will buy and hold TRX, like bitcoin holding firm Strategy. Tron, the blockchain founded by billionaire Justin Sun, is looking to go…
Crypto Daybook Americas: Bitcoin Weathers Market Rout as Israel Hits Iran
Cryptocurrencies slid as Israeli airstrikes on Iran’s nuclear and missile sites roiled global sentiment and sent investors fleeing risk assets. The CoinDesk 20 Index (CD20),…
U.S. CPI Rose Softer Than Expected 0.1% in May, Sending Bitcoin Higher
The core rate rose just 0.1% as well, far less than the 0.3% forecast. There was good news on the U.S. inflation front in May…
Bitcoin Uptrend at Risk of Breakdown Ahead of Nvidia Earnings, Fed Minutes
The Federal Reserve’s minutes and Nvidia’s earnings are key events that could influence market movements. Bitcoin’s BTC$107,634.89 upward trend continued to show signs of weakness early Wednesday, even…