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US License Expiration Imperils Russia-China Trade in Chinese Yuan
29.9.2024
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with China in yuan. The yuan is currently the most traded foreign currency in Russia after Western sanctions...
Bitcoin targets $70K as stablecoin inflows and China stimulus boost rally
28.9.2024
Bitcoin has surged past $65,000, boosted by China’s stimulus measures and stablecoin inflows
Bitcoin targets $70K as stablecoin inflows and China stimulus boost rally
28.9.2024
Bitcoin has surged past $65,000, boosted by China’s stimulus measures and stablecoin inflows
Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet
27.9.2024
“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said
Bitcoin Holds Above $64K as China Stimulus Sends Conflux’s CFX, Dog Memes Running High
27.9.2024
Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million
Putin: BRICS Nations Developing Own Payment and Settlement System
27.9.2024
Russian President Vladimir Putin has revealed plans for an independent payment system in collaboration with BRICS nations to secure foreign trade transactions. This move reflects a strategic shift aimed at increasing Russia’s and BRICS’s autonomy in global trade amid broader economic...
The key misunderstanding with China's purported BTC hashrate dominance
26.9.2024
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%
Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs
26.9.2024
Bitcoin is back to levels not seen in nearly two months as it pushed past the $65,000 mark during U.S. late morning hours on Thursday
Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection
26.9.2024
Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries
BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says
26.9.2024
BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s...
3 reasons why Bitcoin (BTC) struggles to hold $64.5K
26.9.2024
Bitcoin lost momentum as weak macroeconomic data, fear of a stock market correction, and worries over the upcoming US elections impacted investor sentiment
Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty
25.9.2024
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal...
QCP Capital Analyzes Bullish Macro Trends Impacting Bitcoin and Risk Assets
25.9.2024
According to QCP Capital’s latest analysis, macroeconomic conditions are becoming increasingly favorable for risk assets, including cryptocurrencies. Central bank policies, particularly from China and the U.S. are playing a crucial role in shaping market sentiment. QCP Capital: Central Bank...
Bitcoin Strength Continues on U.S, China Easing; Floki Bot Crosses Trading Milestone
25.9.2024
BTC broke $64,000 in late U.S. hours Tuesday as traders pushed the chances of a second consecutive 50 basis point rate Fed rate cut to 61%. PLUS: Floki fundamentals fuel a price surge
North Korea Signals Closer BRICS Relations Amid Growing Russia Ties
25.9.2024
North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North...
$8.1B in Bitcoin options expire this month — Do bulls or bears have the upper hand?
24.9.2024
Will this week’s $8.1 billion Bitcoin options expiry fuel a rally to $70,000 or should traders anticipate a correction?
$8.1B in Bitcoin options expire this month — Do bulls or bears have the upper hand?
24.9.2024
Will this week’s $8.1 billion Bitcoin options expiry fuel a rally to $70,000 or should traders anticipate a correction?
US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant
24.9.2024
According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control about 40%. Chinese Pools Still Control Majority of Bitcoin Hashrate On Monday, Cryptoquant’s founder...
$70K next for Bitcoin? China joins Fed in ‘huge macro event'
24.9.2024
Bitcoin traders are getting divisive while BTC price action bides its time as more central bank policy easing is announced
Bitcoin price target rises to $78K after Chinese stimulus package
24.9.2024
Bitcoin rallied strongly after the previous two stimulus package announcements by the People's Bank of China