Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
Bitcoin's short-term price moves would likely depend on the Fed's interest rate path, after the cryptocurrency topped $80,000 on Thursday, says Mariia Menahem, chief executive of Clarity Global, in a note. Markets are pricing in lower rate hike expectations, as hiring by U.S. private-sector employer…
Bitcoin declines modestly, after climbing above $82,000 overnight, the highest level since May. Bitcoin accelerated overnight after U.S. Federal Reserve member Chris Waller said he would vote for rates to stay on hold if inflation continues to improve, causing the dollar to weaken. Bitcoin falls 0.8…
Bitcoin now buys 18 ounces of gold, the highest reading on that ratio since January, and it’s climbing while both assets rally together after the Fed’s job data news. The number forces a specific question onto the table: is Bitcoin capturing a durable share of the safe-haven trade from gold, or is i…
Odds of a September Federal Reserve rate hike fell back to a coin-flip on Friday, a sharp reversal after the probability touched 70% just a day earlier and sat as low as 37% a week before that.The swing tracks a rally that has pushed Bitcoin toward $82,000.Rate Bets Whipsaw Ahead of the September M…
Someone had a very bad hour. On September 3, roughly $58.2 million in crypto short positions were wiped out in a single 60-minute window, with Bitcoin accounting for $47.5 million of the carnage. For traders betting against the market with leverage, the price move was the financial equivalent of a r…
XRP slipped to $1.32 on Wednesday, even as U.S. spot XRP ETFs logged their 11th straight day of net inflows. Today, though, the trend has reversed: XRP is up more than 4% and now trading at $1.38. Could the XRP price prediction point to a $2 target this September?At a recent event attended by around…
A whale continued buying HYPE, with wallet 0x6436 purchasing another 430,224 HYPE. According to ChainCatcher, a new wallet, 0xC5ca, also withdrew 94,149 HYPE from FalconX.
A whale bought 430,200 HYPE again today, according to Lookonchain monitoring, and the purchase was valued at $35.1 million. According to Odaily, a newly created address withdrew 94,100 HYPE from FalconX two hours ago, worth $7.66 million.
After having a breakout August, bitcoin has been quiet so far in September. Bitcoin has lingered around $76,500 to $79,500, says analysts with Bitifinex in a note. That's important, because that range sits above what's referred to as the "true market mean" — a key source of support for bitcoin at $7…
Binance founder Changpeng Zhao (CZ) said speculative capital is rotating back to crypto from artificial intelligence trades. Meanwhile, research firm River published a model putting Bitcoin as high as $840,000 within five years.That returning money meets a market Glassnode describes as boxed in. B…
Bitcoin treasury companies are rewriting their playbook shifting from aggressive Bitcoin accumulation towards acquiring profitable businesses that can generate cash.DAT’s Evolving ModelThe market value of fully diluted Bitcoin treasury company stocks has fallen by nearly $69 billion from its Octobe…
Bitcoin may have staged a powerful August recovery, but it still needs to clear a critical structural hurdle before confirming a new bull market, according to analysts.Is Bitcoin Repeating 2023?Widely-followed trader Jackis said Wednesday that Bitcoin’s August breakout decisively reclaimed the 200-…