Markets
The PBOC on Friday suspended bond purchases to stall the slide in bond yields and CNY What to know: The PBOC decides to stop government bond purchases. The decision seems aimed at stopping the slide in yields and CNY. Early this…
XRP is trading at $2.39, reflecting a 5.6% increase over the past 24 hours. Its market capitalization stands at $137 billion after surpassing tether (USDT) to reclaim its position as the third-largest cryptocurrency. With a 24-hour trading volume of $4.93 billion,…
The market depth shows dominance of buy orders at levels away from the going market rate. What to know: The market depth at the quote level and from quote level to 1% shows seller dominance. But increased demand is seen at…
It’s been a tough week for ether as the second-largest crypto asset by market cap is down 8.7% against the greenback. Today, priced at $3,273 per ETH with a market capitalization of $394 billion and a 24-hour trading volume of $22.90…
Bitcoin’s price was $94,372 on Jan. 11, 2025, with a market cap of $1.86 trillion. Daily trading volume reached $52.92 billion, with intraday fluctuations between $92,275 and $95,798. Bitcoin The daily chart illustrates a prevailing bearish tone after a sharp retreat…
Non-fungible token (NFT) sales climbed 10.7% over the past week, amassing $155.6 million in sales within a seven-day window. Penguins, Abstract Beings, and Base’s Meteoric Rise According to data from cryptoslam.io, while overall NFT sales increased, the number of buyers dropped…
MicroStrategy has the highest 30-day implied volatility of any magnificent seven stocks. What to know: MicroStrategy would rank sixth in trade volume if it were in the basket of the seven magnificent tech stocks. MicroStrategy has the highest 30-day implied volatility…
Rising inflation, currency debasement and growing fiscal deficits will push countries to make strategic bitcoin allocations, the report said. What to know: 2025 is expected to be a game changer in terms of bitcoin adoption, the report said. More nation-states, central…
On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $3.22 trillion.…
BTC and the S&P 500 seem to be tracking rates volatility, which is rising. What to know: The MOVE index, representing the Treasury market volatility, is rising. It could lead to tighter financial conditions, leading to deeper losses in BTC and…
BTC’s latest price drop might be setting the stage for a major bearish reversal pattern. What to know: BTC’s latest drop may be setting the stage for a head-and-shoulders bearish reversal pattern. The completion of a pattern would signal an extended…
Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $100K experienced after President Donald Trump’s victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase…