Bitcoin Could See A 50% Rise Based On This, Analyst Explains
An analyst has explained that a pattern in Grayscale Bitcoin Trust (GBTC) could suggest a potential 50% rise for BTC may be
Read More
Rise
Bitcoin Price Slides As Bombs Rain on Gaza And Deaths Toll Rise
Bitcoin price is moving lower below the $27,200 support. BTC could decline further if the Israel-Hamas war escalates in the near term. Bitcoin
Read More
US Stocks rise for third straight day as bond yields fall
October 10, 2023Stocks in the US rose for the third straight day as the market continues to assess the effect of the Israeli-Hamas conflict. Bond yields fell as investors desired the safety of US Treasuries, and these falling yields helped to bolster the stock market. Today was the first day
Read More
Oil Prices Rise 4% as Hamas Attacks Israel Killing and Wounding Thousands
Oil prices rose today as Hamas and Israel continue their conflict with many injured and several dead on both sides. Oil prices have risen following the conflict between Israel and the Palestinian militant movement Hamas as the fight extends into the third day. Global benchmark Brent hit $88.41 per barrel on
Read More
El Salvador Crypto Advisor Predicts Explosive Rise To $220,000
In a recent development, Bitcoin proponent and crypto advisor to El Salvador’s President Max Keiser has made a future prediction for the
Read More
Rise of Ethereum staking came at cost of higher centralization: JPMorgan
The rise of Ethereum staking since major network upgrades, Merge and Shanghai, has come at the cost of higher centralization and lower staking yields, a new report by JPMorgan said.JPMorgan’s analysts led by senior managing director Nikolaos Panigirtzoglou issued a new investor note on Oct. 5, warning about the risks
Read More
Former Bitmex CEO Arthur Hayes Anticipates Explosive Bitcoin Price Rise to $750,000 by 2026
Hayes based his bullish prediction on several key factors. He pointed to the potential economic downturn and financial crisis, which could lead to near-zero interest rates, creating favorable conditions for Bitcoin’s growth. Cryptocurrency expert and former Bitmex CEO Arthur Hayes has expressed strong optimism regarding the future of Bitcoin. During an
Read More
How CZ’s $40M ‘no’ led to the rise and fall of FTX
Binance CEO Changpeng “CZ” Zhao declined to pay former FTX CEO Sam Bankman-Fried $40 million in March 2019 to create a crypto futures exchange, according to Michael Lewis’ book “Going Infinite.” Source
Read More
US Stocks Stumble as Consumer Confidence Dips and Bond Yields Rise
Concerns about higher interest rates can lead to reduced borrowing, higher financing costs, and a potential slowdown in economic activity. On Tuesday, September 27, the US stocks experienced a significant dip as bond yields inched up and consumer confidence declined for the second consecutive month in September. The Nasdaq Composite (INDEXNASDAQ:
Read More
Bitcoin Jumps 2%, Ignoring DXY’s Rise to 10-Month High; XRP Eyes Death Cross
The leading cryptocurrency by market value rose 2% to $26,750 even as the U.S. dollar index, which gauges the greenback's value against the major currencies, reached a fresh 10-month high of 106.48. A rise in the dollar index usually has a bearish impact on risk assets, including cryptocurrencies. Source
Read More