The past week was relatively calm, with markets frozen in anticipation of the US Federal Reserve meeting on 9-10 December. Prices across most observed assets saw minimal movement, with EUR/USD being the only notable exception. Investors still do not rule out a 0.25% rate cut at this meeting, though many believe this step in easing…
Data shows distribution on the Bitcoin network has dropped off, with both the largest of whales and small retail hands taking to accumulation. Bitcoin Accumulation Trend Score Shows Shift Toward Buying As explained by Glassnode analyst Chris Beamish in an X post, Bitcoin investors have been showing a lot less distribution at the recent price…
Reports have disclosed a sharp rebound in crypto markets this week, with Bitcoin jumping 8% to trade above $93,000 after sliding from lows under $85,000 earlier in the week. Traders are watching the Federal Reserve’s December actions closely as they try to gauge how much liquidity will return to markets. The move pushed bitcoin back…
Gold’s Rise as a Global Currency Why is Gold valuable Gold has always held a unique place in global finance, but recent trading trends suggest something even more significant is happening. A decade ago, I wrote an article questioning whether gold was evolving beyond its traditional role as a commodity. Today, ten years later,…
Today, Bitcoin is trading above the psychological $90,000 mark – its highest level in over ten days. Following a severe drop of more than 30% from October’s highs, the market had been lacking positive momentum. Confidence was boosted by: → investment giant Vanguard allowing clients to purchase spot Bitcoin ETFs on its platform; → news…
Cryptocurrencies are finally bouncing from their relative lows, with Bitcoin reclaiming the $90,000 level after bottoming near $80,500 on Friday, November 21. Traders are scared, and for good reason: elevated valuations and an ecstatic mood in early autumn had led to extreme positioning, which consequently triggered a cascade of liquidations and stops. The first major…
American Bitcoin Corp. (ABTC), a U.S. focused bitcoin mining and treasury firm company founded by Eric Trump and Donald Trump Jr., saw its shares plunge as much as 50% on Tuesday. The drop came despite bitcoin rallying above $91,000 and gains for nearly all crypto-related stocks. According to Nasdaq data, trading volume surged to 55…
Hong Kong’s stablecoin hub dreams have reportedly taken a hit after the People’s Bank of China (PBOC) singled out the sector for the first time while reaffirming its long-standing position on the crypto industry. Beijing’s Latest Warning Targets Stablecoins Legal experts and analysts suggested that Beijing authorities have clouded Hong Kong’s ambitions to become a…
Wenn ein Unternehmen, das bereits mehr Bitcoin als die meisten Länder besitzt, still und leise noch mehr kauft, wissen Sie, dass etwas Großes im Gange ist. Strategy (ehemals MicroStrategy) hat gerade weitere 130 BTC zu seinem Tresor hinzugefügt und, was noch wichtiger ist, eine massive Reserve von 1,44 Milliarden USD geschaffen, um Dividenden und Schuldenzahlungen…
Join Our Telegram channel to stay up to date on breaking news coverage Elon Musk predicted that money’s role in everyday life will eventually become obsolete and suggested that energy and Bitcoin may replace it as the most important measures of wealth and power. During a recent podcast interview with Indian entrepreneur and investor Nikhil…