Cryptocurrency Analysis and News Portal
On this week’s episode of The Market Report, analyst Marcel Pechman discusses Bitcoin’s (BTC) strength ahead of the United States Federal Reserve’s Federal Open Market Committee (FOMC) meeting, with investors betting on an interest rate freeze.Pechman expresses skepticism about the claim that recent inflation data indicated the Federal Reserve’s 2% target
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Bitcoin's (BTC) open interest on derivatives exchanges experienced a sudden surge of $1 billion on Sep. 18, prompting investors to question whether whales were accumulating in anticipation of the unsealing of Binance's court filings. However, a closer look at derivatives metrics suggests a more nuanced picture, as the funding rate
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Data shows the Bitcoin Open Interest has shot up by $1.8 billion as the cryptocurrency’s price has broken the $27,000 level. Bitcoin Open
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Bitcoin (BTC) hit new month-to-date highs on Sep. 18 as a strong weekly close cemented a bullish start to Wall Street trading. BTC/USD 1-day chart. Source: TradingViewTrader cautions on surging Bitcoin open interestData from Cointelegraph Markets Pro and TradingView tracked over 3% BTC price gains on the day, with Bitcoin breaking
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High energy prices can have a cascading effect on other sectors of the economy, contributing to the overall rise in consumer prices. The European Central Bank (ECB) has announced its 10th consecutive hike in its main interest rate. This decision has catapulted the Central Bank’s main deposit facility rate from -0.5%
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To answer whether or not bitcoin has been impacting by the recent moves higher in interest rates, I ran a quick rolling regression analysis on the recent bitcoin price history against interest rates (both the 2-year US Treasury yield and the 10-year inflation adjusted real interest rate) and the EUR/USD
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Unlike mainstream AI which isn’t even a year old, crypto has been present for more than a decade. Thanks to the cyclical movement of the crypto economy, we can confidently predict more innovation and investor interest as the bear market ends. Lower interest rates, globalized crypto regulation, Bitcoin ETF approvals,
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Arm has successfully secured a lineup of cornerstone investors for its IPO, including some of the biggest names in the tech industry. Arm Holdings Ltd., the renowned chip designer owned by SoftBank Group Corp (TYO: 9984) is reportedly contemplating raising the price range of its highly anticipated Initial Public Offering (IPO).
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Coinbase has reportedly increased interest rates on USDC holdings to 5%, marking a notable improvement from the 4% rate introduced earlier in the year. The San Francisco-based crypto exchange hiked the interest offered to holders of its USD Coin (USDC) to 5%, only months after effecting another increase that doubled the
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The sharp increase in global interest rates may have limited investors’ appetite for crypto ventures, but new projects are still flourishing and attracting capital to speed up growth. Data from the Cryptox Research Venture Capital Database shows June closed out with a 29.73% decrease in venture capital investments, with just
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