BTC’s price volatility dropped last week as it was in a consolidation phase Meanwhile, BTC’s exchange reserve fell too, indicating its rising demand Bitcoin [BTC] hasn’t showcased much volatility over the last few days as its price seemed to be hovering around $60k. In the meantime, BTC’s demand increased sharply, which could soon have an…
Bitcoin has probably bottomed out and is now primed for an uptick, according to anonymous crypto trader self-proclaimed “bubblechaser” Bluntz. In an Aug. 15 post on X, the trader — famous for correctly predicting the 2018 Bitcoin (BTC) bottom — proclaimed that the cryptocurrency had completed an ABC correction, with its price probably due to…
Top crypto exchanges like Coinbase, KuCoin, and Gate IO are seeking licensing pursuit in Turkey. The country has clearer crypto regulatory rules than the US. Many crypto trading platforms are looking to gain more global relevance with registrations in key market hubs. Top digital currency trading platforms like Coinbase Global Inc., KuCoin, and Gate IO…
BlackRock’s ETFs surpass Grayscale’s in assets, crowning new crypto fund king: Arkham Source link
mgkaya Will the Federal Reserve lower its policy rate of interest or not? That is the question. But, as I keep writing, is that really the question that we should be asking? Some analysts are taking a longer look at the movements in the M2 money stock. Concerns here is that the M2 money stock…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Housing Starts: Single Family Down Year-15% over-year in July; Multi-Family Down 18% YoY • Part 1: Current State of the Housing Market; Overview for mid-August 2024 • Part 2: Current State of the Housing Market; Overview for mid-August 2024…
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KARACHI (Reuters) – Chinese electric vehicle giant BYD (SZ:.SZ) on Saturday announced plans to open a car production plant in Pakistan, where it will also start selling three models through a partnership with Mega Motors. BYD is the first major new electric vehicle (NEV) entrant in the Pakistani market, where there is a lack of…
Cryptocurrency prices were on edge on Saturday, continuing a consolidation pattern that has been going on in the past few weeks. Bitcoin was trading at $59,000 on Saturday, where it has been stuck this week. Other cryptocurrencies like Cardano, Solana, and BNB tokens have also wavered as the industry has had no major news. Bitcoin…
South Korea’s National Pension Service now owns more than $32 million worth of MicroStrategy (MSTR) shares after investing in the Bitcoin (BTC)-friendly US firm earlier this year. The Pension Service, which reportedly manages $764.8 billion worth of assets at the end of 2023, has accumulated 24,500 MSTR shares as of June 30th, according to a…