Tuesday, December 3, 2024
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As Fed Rate Pause Comes into Play Analysts Hint That Bitcoin (BTC) May Repeat Its 2019 Performance

"Reflecting back on 2019, the Fed concluded its rate-hiking cycle and entered a seven-month pause. During this period, Bitcoin experienced a dramatic price rally, surging by an impressive 325%," Markus Thielen, head of research and strategy, said in a note to clients last week. "In line with our outlook, it’s

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Queen, HSBC filings hint at NFTs, Yuga teases robot game and more

HSBC files metaverse and NFT patentsBritish banking institution HSBC filed a series of metaverse and nonfungible token (NFT)-related trademark applications. A June 12 filing to the United States Patent and Trademark Office (USPTO) show the bank’s trademarks including metaverse banking, consulting, and financial services, along with virtual credit cards that point

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Bitcoin on-chain and options data hint at a decisive move in BTC price

Bitcoin’s (BTC) volatility has dropped toward historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data alludes to incoming volatility in June.The Bitcoin Volatility Index which measures the daily fluctuations in Bitcoin’s price shows that the 30-day volatility in Bitcoin’s price was 1.52%,

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