Markets
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…
Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year. What to know: Bitcoin (BTC) fell more than 4% with major altcoins including ETH and SOL dropping 6%-9%. Behind the move were renewed…
The network hashrate rose 54% in 2024, slower than 2023's 103% gain, the report said. What to know: Bitcoin mining profitability rose for the second consecutive month in December, the report said. The bank noted that miners' daily revenue and gross…
Bitcoin is trading at $94,790 to $95,277 over the two hours with a market cap of $1.88 trillion, 24-hour volume of $67.64 billion, and a 24-hour intraday range between $94,511 and $98,202. Bitcoin Bitcoin‘s hourly chart indicates a recent steep decline…
Whale transactions and large withdrawals from exchange signal demand for the largest memecoin by market capitalization. What to know: Large investors, or "whales," are showing increased interest in Dogecoin (DOGE), with transactions over $100,000 spiking, hinting at potential price increases. January…
Capital flight from China could find home in alternative assets like bitcoin. What to know: China's yuan slides to lowest since September 2023, the CSI 300 index hits lowest since September. This could accelerate capital flight from China, potentially boosting demand…
Pythagoras Alpha Long Biased Strategy combines a base position in BTC with two uncorrelated strategies to outperform buy and hold play. What to know: Pythagoras' Alpha Long Biased Strategy generated a return of 204% last year, outperforming BTC's 121% rise. The…
The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO…
The bitcoin miner holds 44,893 BTC on its balance sheet, it said in a production report. What to know: MARA Holdings is lending out 7,377 BTC, about 16% of its total holdings. December bitcoin product fell 2% from November to 890…