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Bitcoin's (BTC) 15% rally toward $30,300 between June 19 and June 21 caught most traders by surprise, triggering $125 million in liquidations of leveraged short futures contracts. Narrowing down the trigger for the rally is complicated, but some analysts point to the potential inflow of institutional investors if Blackrock’s exchange-traded
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Bitcoin (BTC), the world’s largest cryptocurrency by market value, rallied over the past 24 hours after various traditional finance firms announced moves into the crypto market, indicating bullish sentiment. eToro US investment analyst Callie Cox shared her crypto markets analysis. Plus, Lindsey Grossman, the business lead at Bitkey, Block's bitcoin
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The Australian dollar, which is sensitive to the Chinese economy due to the strength of trade ties between the two countries, fell 0.7% against the U.S. dollar, and China's benchmark equity index, CSI, traded flat to negative. MSCI's broadest index of Asia-Pacific shares outside Japan fell more than 0.5% and
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Bitcoin (BTC) recovered some lost ground on June 16 as markets shook off mixed United States macro signals.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBlackRock Bitcoin ETF plan buoys marketsData from Cryptox Markets Pro and TradingView showed BTC/USD circling $25,500 on Bitstamp, after bouncing around $1,000 from the previous day’s
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Still, indicator was pointing bullishly. A price pattern called "throwback" has emerged on bitcoin's daily chart that could recharge bulls' engines for a rally toward $37,000, according to Valkyrie Investments. In technical analysis, a throwback is a price drop to a former breakout level or resistance-turned-support. After a breakout, prices
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During the second investor day within a year, Fanatics delivered presentations explaining its future growth strategy to over 100 prospective institutional investors from big firms such as Barclays and Goldman Sachs. Fanatics, the world’s leading provider of licensed sports merchandise, recently conducted its second investor day within a year as
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid recent lawsuits by the Securities and Exchange Commission (SEC) against cryptocurrency exchanges Binance and Coinbase, the House Agriculture Committee convened a hearing to discuss the regulation of cryptocurrency spot markets. In the wake of lawsuits filed
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Bitcoin (BTC) held its most recent gains into May 27 as traders called for a change in “bearish” market sentiment.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewTrader awaits "pretty major move" for BTC priceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it entered the weekend at around $26,700.The
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Bitcoin was recently trading at $26,362, down about 3.1% over the past 24 hours. The largest cryptocurrency by market capitalization had been hovering in a narrow range before dipping below its recent $26,500 support early Wednesday. Markets have been roiled by an ongoing debt ceiling stalemate and inflationary and crypto
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Among major equity indexes, the tech-focused Nasdaq Composite climbed 0.5% to hit a 2023 high, while the S&P 500, which has a vital technology component, and Dow Jones Industrial Average (DJIA) ticked up 0.2% and 0.4%, respectively. Yields on Treasurys rose, and the price of gold sank slightly to $1,990,
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