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Wednesday, Dec. 18, will go down in history as a day of market panic triggered by the 25 basis point Fed rate cut and Chair Jerome Powell’s hawkish outlook. Bitcoin …
VIX’s Second-Largest Spike in History Indicates a Local Bottom for Bitcoin: Van Straten Read MoreBTC’s rise to record highs earlier this week is expected to allow miners to extend their November profitability into December, according to a report by investment bank Jefferies on Wednesday. …
Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says Read MoreAnother bitcoin miner, Hut 8 (HUT), has decided to pull the trigger on buying bitcoin in the open market, following the likes of MicroStrategy (MSTR) and MARA Holdings (MARA). The …
Bitcoin Miner Hut 8 Buys $100M BTC Boosting Total Total Stash to $1B Read MoreThe year 2024 has marked a significant breakthrough for digital assets, particularly for bitcoin (BTC), driven by increased institutional adoption. This shift has occurred through two key avenues: first, the …
U.S. Listed Spot Bitcoin ETFs on the Verge of Surpassing Gold ETFs Read MoreThe Bitcoin price experienced a significant downturn on Wednesday, briefly falling below the $100,000 milestone as the US Federal Reserve’s (Fed) cautious outlook on interest rate cuts dampened crypto investments. …
Interest Rate Cut Impact: Bitcoin Price Reaction Unraveled With Future Projections Read MoreWorld Liberty Financial, backed by the family of U.S. President-elect Donald Trump, on Wednesday exchanged about $10 million worth of Coinbase’s (COIN) wrapped bitcoin, cbBTC, for rival WBTC. Wrapped bitcoin …
Trump-Backed World Liberty Financial Swaps Its cbBTC for WBTC After Sun Joins as Adviser Read MoreIn a report published on December 17, analysts at cryptocurrency exchange Bitfinex stated that a combination of rising institutional adoption of Bitcoin (BTC) and bullish technical indicators could push the …
Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report Read MoreCrypto traders initial worries about a hawkish Fed materialized Wednesday as Chairman Jerome Powell cut interest rates but expressed uncertainty about the speed and extent of future easing. And now …
Hawkish Fed Has Bitcoin Market Feeling Most Fearful in 3 Months Read MoreA bitcoin (BTC) slump spiraled into over $700 million worth of liquidations across futures tracking major tokens, with XRP and dogecoin (DOGE) products recording unusually high losses. BTC fell under …
Bitcoin’s Nosedive to Under $100K Shaves $700M Crypto Longs, XRP Drops 5% Read MoreBitcoin has seen continuous bullish momentum in recent weeks resulting in the asset’s consistent new highs. According to recent analysis, this momentum appears to not just be random as it …
Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon? Read More