TL;DR A potential interest rate cut by the U.S. Federal Reserve could boost the crypto market, possibly pushing BTC toward a new all-time high. Some experts argue that the positive impact of the effort might […]
Three years ago today, El Salvador made history as the first nation to adopt Bitcoin as legal tender. This move has sparked a phase of growth and development for the country, as it has become […]
US Bitcoin exchange-traded funds (ETFs) have recorded net outflows for eight days in a row, resulting in a loss exceeding $1 billion from August 27 to September 6. This outflow trend has also contributed to […]
Bitcoin’s price collapsed on Friday below $53,000, reaching its lowest level since the “Black Monday” following macroeconomic shakeups in early August. The collapse appears to have fully corroborated the prediction of BitMEX co-founder Arthur Hayes, […]
María Corina Machado, a leading figure in Venezuela’s opposition, has proposed a plan to adopt Bitcoin (BTC) as a national reserve asset. In an interview with Alex Gladstein from the Human Rights Foundation on Thursday, […]
The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen in October 2023. This decline in this metric aligns with the current plunge in bitcoin’s […]
The total cryptocurrency market capitalization has declined by more than $110 billion during the last seven days. This continues the broader negative trend that’s engulfed the industry in the past few months, pushing its capitalization […]
Markets anticipate a 50 basis point (bp) rate cut in September amid deteriorating US Job data. According to the US Non-farm Payrolls (NFP) data released on Friday, the US economy added 142,000 jobs in August, […]
As Bitcoin’s price retraces, large holders known as whales are seizing the moment, quietly accumulating while retail investors offload in fear. This trend, highlighted by data from Santiment, suggests that these influential players are seeing […]
This week has proven difficult for Bitcoin and the broader crypto market. After nearly reaching the $60,000 mark, Bitcoin’s price has dropped about 5%, currently trading at approximately $56,400. Significant outflows from spot Bitcoin Exchange […]
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