Markets
Japan's headline inflation is at 2.9% year-over-year, at a 3-month high. A hot inflation print could set bitcoin back. What to know: The market is currently pricing a 90% rate hike from the Bank of Japan for the meeting on Jan.…
Wednesday's price action for bitcoin was the fourth time it exceeded the key $100,000 price level. What to know: Bitcoin exceeded $100,000 for the fourth time. The U.S. presidential inauguration on Jan. 20 could be the catalyst for bitcoin to break…
Wednesday's soft U.S. core CPI has opened doors for traders to focus on Trump's swearing in and the possibility of first-day pro-crypto announcement. What to know: The assuaging of inflation concerns clears the way for bitcoin to set record highs as…
XRP's price rise is accompanied by record perpetual futures open interest and surge in trading volumes. What to know: XRP is chalking out gains at the fastest pace since early 2018, according to the RSI oscillator. Record open interest in perpetual…
On Thursday, the cryptocurrency market experienced a slight uptick over the past 24 hours, with litecoin (LTC) emerging as one of the day’s standout performers, achieving double-digit gains against the U.S. dollar. Litecoin Shines In its earlier years, spanning 2013 through…
Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said. What to know: XRP surged 11% over the past 24 hours, leading the crypto rally as bitcoin briefly topped $100,000. The…
Benchmark hosted an investor meeting with MicroStrategy’s executive chairman Michael Saylor. What to know: MicroStrategy is targeting a $2 billion perpetual preferred stock offering. The perpetual preferred stock terms have yet to be released, which is expected to be announced in…
XRP’s price is cruising around $3.26 to $3.30 over the last hour, reflecting an 18% gain over the past 24 hours. During this period, trading volume more than doubled to $25.67 billion, while market capitalization swelled to $187.28 billion. The cryptocurrency…
The exchange, which now boasts over one million crypto trading clients, has been expanding its cryptocurrency offerings since 2019. What to know: The exchange’s cryptocurrency trading volume almost tripled in 2024 to record its best performance ever. Bitcoin accounted for nearly…
Bitcoin has been consolidating in a range 10%-15% below record highs as investors largely tempered expectations of further interest rate cuts. What to know: Headline inflation rose faster than expected last month, but the year-over-year core rate declined, cheering investors. Policymakers…
There is a danger that forced or panic selling could lead to further bitcoin weakness and a break below $90K could lead to a 10% retracement, the report said. What to know: Macro headwinds have seen digital assets sell-off since mid-December,…
In the last few weeks, four firms have announced bitcoin purchases, while seven companies announced a strategy, but no acquisition. What to know: NYSE-listed Genius Group increased its bitcoin treasury to $35 million. Nasdaq-listed Ming Shing bought BTC worth $47 million.…