In a recent analysis, Eric Balchunas from Bloomberg highlighted the role of BlackRock and Bitcoin ETFs in preventing significant declines in BTC. Speculations suggested that BlackRock receives Bitcoin IOUs from Coinbase, potentially using them to short BTC and influence its…
The cryptocurrency market is gearing up for a pivotal week, as speculation mounts over a possible 50 basis point rate cut by the US Federal Reserve. This is a critical juncture not only for the overall financial landscape but also…
The cryptocurrency world wrapped up another eventful week with notable developments taking place in the overall market. Bitcoin bounced back from a low of $53,000 to hit $60,000 within the last seven days, while Binance made a splash by introducing…
Over the weekend, Ethereum experienced a slight decrease of 0.21%, settling at $2411 amidst relatively low volatility. This decline is likely linked to uncertainty in the market as Ethereum developers deliberate on dividing the eagerly awaited Pectra upgrade. The question…
Bitcoin’s price surged by 0.34% in the Sunday trading session, demonstrating its ability to stay above the $60000 psychological threshold. This upward momentum is being driven by the accumulation of assets by whales/institutions and the market’s anticipation of a 0.5%…
The value of Toncoin has fallen by 4.6% in the past 48 hours, currently standing at $5.63. This recent decline may help buyers regain bullish momentum as Bitcoin stabilizes above $60,000. With TON issuing $1 billion USDT, the network is…
Trading experts and analysts warn that Bitcoin (BTC) is still facing uncertainties despite a recent upward correction. Technical and fundamental analyses offer insights as volatility increases and investors speculate on the cryptocurrency’s future direction. Renowned analyst, Credible Crypto, known for…
A trader in the cryptocurrency market lost $1.13 million within a span of 50 days, giving up on his MakerDAO (MKR) holdings following the Sky announcement. MakerDAO is a prominent decentralized finance (DeFi) governance protocol designed to support the DAI…
The upcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday, September 18, could potentially mark the first interest rate cut in years, with significant implications for financial markets and key assets like Bitcoin (BTC), necessitating a strategic trading approach…
Financial guru Robert Kiyosaki reaffirms his belief in Bitcoin (BTC) and predicts a potential surge in its price. Known for his bestselling book “Rich Dad Poor Dad,” Kiyosaki explained that Bitcoin, along with precious metals like gold and silver, could…