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Bitcoin chases $70K as global tensions ease and crypto traders long the US elections
28.10.2024
Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election
Why is Dogecoin price up today?
28.10.2024
Dogecoin's price is up today, fueled by Elon Musk's mention of "D.O.G.E." during the latest Donald Trump's campaign rally
‘Battle against inflation is almost won’ says IMF chief economist
23.10.2024
The IMF says inflation should return to normal by the end of next year but warned of slowing growth and increasing economic inequality.
JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days
22.10.2024
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc carries potential bullish risks. JPMorgan suggests...
CPI data to drive 'favorable impact' on Bitcoin prices — 21Shares
10.10.2024
Consumer prices in the US rose by 2.4% in September, above market expectations but still in a negative trend compared to the past few years
Bitcoin ‘still the best-performing asset’ after weak Q3: NYDIG
7.10.2024
Bitcoin is currently exactly where it was in the last two cycles, said NYDIG's research head Greg Cipolaro, who said crypto could be in for a big Q4.
Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil
7.10.2024
Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil through August, hinting...
‘Uptober’ builds strength as Bitcoin held on exchanges falls to 6-year low
4.10.2024
Bitcoin held on exchanges fell to a new low while spot Bitcoin ETF inflows resumed pace. Is Uptober back on?
$100K Bitcoin price depends on 'increasing demand' and ‘favorable seasonality’ — CryptoQuant
2.10.2024
History favors Bitcoin’s price prospects for Q4, but CryptoQuant analysts caution that a consistent uptick in demand will be a critical component.
Crypto at a Pivotal Moment
2.10.2024
The U.S. election combined with an easier monetary environment could spark the next crypto bull market, says David Lawant
UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings
1.10.2024
Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies...
Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts
1.10.2024
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend
Fed’s dovish move to slash $625M in interest income for stablecoins
27.9.2024
CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion
Nigeria’s Central Bank Raises Benchmark Rate by 50 Basis Points
25.9.2024
The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% and increased the Cash Reserve Ratio (CRR) for banks. These measures aim to combat inflation and stabilize the Nigerian economy. The CBN governor, Olayemi Cardoso, stated that the reforms...
UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’
24.9.2024
UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that...
Bitcoin leads $321M crypto inflows following Fed rate reduction
23.9.2024
Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported
Bitcoin leads $321M crypto inflows following Fed rate reduction
23.9.2024
Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported
Gold hits new high as Bitcoin rallies to month high at above $64K
23.9.2024
Gold gains more than 5% in a fortnight, reaching a record high driven by rate cuts and geopolitical tension
Bitcoin is pinned below $65K but several market structure-altering factors are at play
22.9.2024
Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory
Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts
20.9.2024
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis points. This behavior had already...