Markets
Bitcoin (BTC) plunged over 9% on Friday to a 24-hour low of $92,118 at 6:30 a.m. Eastern Time. Bitcoin’s Sharp Decline Leads $1.4 Billion in Derivatives Liquidations This crash marks one of the most dramatic dips for the cryptocurrency this month.…
Lombard Finance aims to produce a yield-bearing bitcoin token, and potentially unleash a new wave of liquidity into the DeFi ecosystem. What to know: Ether and its derivatives make up most of the collateral in the DeFi ecosystem. Lombard Finance wants…
Cryptocurrency will surge ahead in a multi-year bull market, defying Fed-induced volatility as institutional adoption, blockchain innovation, and ETF flows drive unstoppable momentum. Multi-Year Crypto Boom: The Forces Driving Unstoppable Growth Matt Hougan, chief investment officer at Bitwise Asset Management, reinforced…
Fed Chair Jerome Powell's hawkish comments Wednesday on rate cuts have rattled investors across asset classes. What to know: Bitcoin dipped below $96,000, while the broad-market CoinDesk 20 Index tumbled 10% on Thursday. The Federal Reserve on Wednesday projected only two…
Bitcoin’s path to $200,000 in 2025 is fueled by ETFs, institutional demand, and macroeconomic shifts, with analysts warning of volatility amid transformative growth. Bitcoin’s $200K Milestone: Analysts Highlight ETF Power and Adoption Bitfinex analysts have painted a bullish outlook for bitcoin…
The VIX jumped 74% yesterday after a 25bps rate cut and a hawkish outlook from Fed Chair Jerome Powell. What to know: Markets reacted negatively to the Fed's 25 basis point cut and hawkish outlook, causing bitcoin to tumble below $100,000…
The recent growth of the crypto market might be erased by inauguration day in a sort of “sell-the-news” event. This is the opinion of Arthur Hayes, co-founder of Bitmex and cryptocurrency market analyst, who believes that the window of opportunity for…
November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said. What to know: December is expected to be a profitable month for bitcoin miners, the report said. The…
Bitcoin (BTC) took a nosedive on Thursday, hitting an intraday low of $95,578 per coin, slipping more than 7% against the U.S. dollar in just one day. The whole crypto scene has shed over 11% in value, dragged down by BTC’s…
U.S. spot-listed bitcoin ETFs currently have an AUM of $120 billion compared to gold's $125 billion. What to know: Bitcoin's institutional adoption has increased in 2024, with integration into public balance sheets and the success of U.S. spot-listed ETFs. U.S. spot-listed…
Over the past hour, bitcoin’s price holds tight at prices between $101,696 to $102,057 on Dec. 19, 2024, with a market cap of $2.01 trillion. It danced between $98,839.87 and $104,967 during the day, backed by a lively $104 billion in…
The swap took place Wednesday, the same day BiT Global lost a court case seeking to prevent Coinbase delisting WBTC. What to know: World Liberty Financial, backed by the Trump family, swapped its $10 million worth of Coinbase-wrapped bitcoin (cbBTC) for…