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News
[Analysis] Bitcoin May Tumble to $10,000 if Stocks Correct 20%, McGlone Says
13+ hour, 36+ min ago (162+ words) bloomingbit Bitcoin could fall as low as $10,000 if an extreme bear market takes hold, Bloomberg Intelligence said Mike McGlone, Bloomberg Intelligence's senior commodity strategist, wrote on Sept 14 that Bitcoin is a highly volatile and speculative digital asset with a strong…...
Bitcoin Reclaims $77,000
10+ hour, 42+ min ago (12+ words) bloomingbit What do you think about this news?...
Bitcoin Falls Below $77,000
14+ hour, 26+ min ago (18+ words) bloomingbit Bitcoin Falls Below $77,000 What do you think about this news?...
Fed Rate Hike Would Be to Appease Wall Street, Critics Say
15+ hour, 1+ min ago (229+ words) The odds of another Federal Reserve interest-rate increase have risen sharply, drawing criticism that any move this month would be aimed more at appeasing financial markets than responding to inflation. Goldman Sachs revised its forecast and now expects the Fed…...
CryptoQuant Says Bitcoin Must Break $81,700 to Confirm New Bull Market
1+ day, 10+ hour ago (218+ words) Bitcoin has rebounded recently and is trading in a $76,000 to $82,000 range, but it must break above $81,700 to confirm the start of a new bull market, according to CryptoQuant. The Block reported on September 13 that Julio Moreno, CryptoQuant’s head of research,…...
US August CPI Fails to Shake Rate Outlook; Can Bitcoin and Ether Extend Rebound?
1+ day, 12+ hour ago (221+ words) US consumer price data for August failed to materially alter the market's interest-rate outlook, helping Bitcoin (BTC) and Ether (ETH) post modest gains, according to crypto-focused media outlet The Block. The Block reported on September 13 that the US consumer price…...
Coinbase Bitcoin Premium Stays Negative for Seven Straight Days as US Buying Weakens Again
1+ day, 7+ hour ago (144+ words) Buying interest for Bitcoin in the US market has weakened again, with Coinbase's Bitcoin premium index remaining in negative territory for seven straight trading days. Crypto media outlet BlockBeats, citing CoinGlass data on Sept. 13, reported that Coinbase's Bitcoin premium index…...
Strategy Says Bitcoin Is Shifting From Speculative Asset to Core Asset in Digital Capital Markets
1+ day, 12+ hour ago (207+ words) Strategy said Bitcoin is evolving from an early speculative asset into a core asset in digital capital markets. Crypto-focused media outlet Odaily reported on September 13 that Strategy, in its latest "Bitcoin Investor Guide," said Bitcoin's role is expanding as institutional…...
El Salvador Nears IMF Program Restart as Bitcoin Dispute Eases, Bonds Rally
3+ day, 15+ hour ago (305+ words) Expectations for the resumption of the IMF bailout program are improving investor sentiment toward El Salvador’s **sovereign bonds**, which have continued to gain. Increases in El Salvador’s **Bitcoin** holdings were financed through private donations, while control of **Chivo** was transferred…...
ESMA Warns Stronger Crypto-Traditional Finance Links Raise Risk of Shock Spillovers
3+ day, 15+ hour ago (285+ words) The European Securities and Markets Authority, or ESMA, warned that deeper links between the **crypto asset** market and **traditional finance** could allow shocks in one market to spread to the other. ESMA said the growth of **tokenized stocks** and **decentralized…...