“Week In Review” 4.7.24 Our thoughts on #Stocks, #Bonds, #Oil, #Metals, and #Crypto. Looking to take profits on $XLE, $GLD, $GDX. Still short #AAPL #Wyckoff
Tag: Bitcoin
Bitcoin Back Down to $66K as Rising Treasury Yields Catch Investor Interest
Prediction markets and CME’s Fed Watch Tool have virtually ruled out a rate cut until later this year Bitcoin (BTC) held on to losses during the Asian…
Sam Bankman-Fried Sentenced to 25 Years in Prison
The former FTX CEO was convicted of seven counts of fraud and conspiracy in November, a year after the once-giant cryptocurrency exchange collapsed. Sam Bankman-Fried…
Crypto Traders Dismiss Waning ETF Inflows as Bitcoin Holds Steady Over $70K
Grayscale’s GBTC product saw large outflows last week and inflows to other ETFs did not increase in tandem, briefly fueling concerns of a spot-driven selloff.…
Bitcoin’s Halving May Be Here Sooner Than You Know (Again)
Several months ago, the halving was expected to take place on April 28; now it’s on track to land on April 15. Blame the surge…
Bitcoin Jumps Over $71K as UK’s FCA Lets Institutional Investors Create Crypto ETNs
The leading cryptocurrency had crossed $70,000 for the first time ever last week. Bitcoin (BTC) crossed $71,000 for the first time ever during the Asian trading hours…
Bitcoin Claims All-Time High in Euros, Takes Aim at U.S. Dollar Record
The largest cryptocurrency is now just 5% away from its 2021 high in U.S. dollar terms, having already reached records in other currencies. Bitcoin (BTC) crossed the…
Bitcoin Tops $60K for First Time Since November 2021
The rally continued Wednesday as the spot ETFs continued to see massive inflows of fresh money. The price of bitcoin (BTC) rose above $60,000 during morning U.S.…
Bitcoin Blasts Past $53K as Crypto Rally Resumes
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested. Bitcoin (BTC) surged past $53,000 on Monday to its highest price since November 2021, leaving past its…