Thursday, May 9, 2024
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Crypto VC inflows drop further as macro factors weigh on investments

July saw a drop in capital inflows from venture capitalists by 10.26% resulting in $700 million raised according to Cointelegraph Research VC Database. The last two months rejected the potential upward trend, as it seems that macroeconomic conditions revolving around the United States Federal Reserve rate hikes and geopolitical events

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BNB’s soaring futures open interest and regulatory woes weigh on the altcoin’s price

The price of BNB token has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB has performed worse than the overall altcoin market, indicating that the underlying cause for the bearish momentum persists.It is highly likely that the correction

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Bitcoin BTC Price Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data

Ether (ETH), the second largest crypto in market value, followed a similar path to BTC, dipping around the time of the BitGo announcement via Twitter but then regaining ground to recently change hands near the $1,900 threshold it reached on Wednesday for the first time since the beginning of June.

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First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions

The largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country. Source

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Bitcoin traders weigh next move with BTC price at crucial 200-week trendline

Bitcoin (BTC) cooled the volatility into the June 8 Wall Street open as market participants waited for signalsBTC/USD 1-hour candle chart on Bitstamp with 200WMA. Source: TradingViewBTC spot clings to 200-week moving averageData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling a key long-term trend line near $26,500.After flash

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Bitcoin BTC Price Doldrums Below $26.5K Continue as Investors Weigh Debt Ceiling, Latest FOMC Minutes

Bitcoin was recently trading at about $26,440, off roughly 3% over the past 24 hours and near its lowest level since May 12 when the largest cryptocurrency by market capitalization dipped below $26,000. In this period, BTC has been slogging through low trading volume and volatility as markets wrestle with

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