Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
Analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities. “Based on the…
Tag: Markets
Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due
The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days…
Bitcoin’s Upswing Is Reminiscent of 2019 Bull Revival
The action four years ago coincided with the Fed taking its foot off the tightening pedal. Bitcoin has rallied almost 40% in January and the…
Dogecoin Futures Rack Up Nearly $90M in Liquidations Over Weekend in Unusual Move
There’s some $647 billion of open interest on dogecoin futures as of Monday. Dogecoin trading over the weekend saw the shiba inu-themed meme coin reach…
Almost 50% of Gen Z and Millennials want crypto in retirement funds: Survey
Nearly half of Gen Z and Millennials are also already invested in digital assets outside of their retirement funds and cited “inflation” as the biggest…
Bitcoin Stuck in a Rut as BofA Survey Reveals ‘Long Dollar’ Is Most Favored Trade
Bank of America’s October survey of fund managers showed “long dollar” as the most sought after bet for the fourth straight month. Bitcoin (BTC) was…
US Jobs Growth Slows Less Than Expected; Bitcoin Slips From $20K
The monthly employment situation report, released by the Labor Department, has become one of the most important economic indicators to watch as the Federal Reserve…
First Mover Americas: A Bleak Month for Crypto as Bitcoin Slides, Ether Stalls and Solana Tanks
Price point Market conditions remained choppy on Wednesday with bitcoin (BTC) hovering around the $20,300 mark, down slightly on the day. Stocks were mixed and futures tied to…
Morgan Stanley Says Tightening in the Crypto Market Has Paused
While the market cap of stablecoins, an indicator of crypto liquidity, has stopped falling, demand for leverage has yet to start recovering, the bank said.…
Bitcoin Drops Even as Wall Street’s ‘Fear Gauge’ Indicates Calm Ahead of Fed Decision
“I don’t think the hawkish Fed trade has peaked,” one observer said. Bitcoin fell even as the Chicago Board of Options Exchange’s volatility index (VIX),…