crypto markets
Bitcoin Could Reach $50K by Year End: ProChain Capital President
Bitcoin (BTC) is hovering around the $30,000 level and ProChain Capital president David Tawil predicts that the largest cryptocurrency by market capitalization could reach $50,000 by the end of the year. Plus, why Tawil thinks renewed interest in a spot Bitcoin ETF is benefiting Grayscale Bitcoin Trust and Coinbase. CoinDesk and Grayscale are both owned Digital Currency Group (DCG).
Bitcoin Remains Under Pressure After Hitting Lowest Level Since Late June
The price of bitcoin (BTC) is barely holding above a one-month low as Tuesday morning's economic data confirms the U.S. economy remains in growth mode and traders brace for what's now a near 100% certainty of another Federal Reserve rate hike next week. Caleb & Brown Director Jake Boyle discusses his outlook on bitcoin and thoughts on the altcoin sector.
Bitcoin rimane sotto pressione sotto i 30.000 $ in seguito ai numeri delle vendite al dettaglio negli Stati Uniti
Il Rally di giovedì verso un nuovo massimo di 13 mesi pari a 31.800 dollari è stato ormai più che completamente annullato.
Bitcoin Breaks Above $31K as XRP Ruling Bolsters Optimism
Bitcoin (BTC), XRP, and most other major cryptocurrencies are rallying Friday on the news of a judge ruling that the sale of Ripple's XRP tokens on exchanges and through algorithms did not violate federal securities laws. CoinRoutes CEO and co-founder Dave Weisberger discusses the impact of the XRP ruling on the crypto markets.
Bitcoin Breakout Above $31K Remains Elusive as Shorts Pile In
Forex.com global head of research Matt Weller discusses his crypto markets analysis and outlook as bitcoin (BTC) has failed twice this week to breakout above $31,000. Plus, his reactions to the June Producer Price Index (PPI) data and the U.S. spot bitcoin ETF race.
Bitcoin Nears $31K After June U.S. Inflation Data
The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May. Bitcoin (BTC) rose modestly to $30,900 in the immediate aftermath of the report before retreating slightly. Unchained CEO and co-founder Joe Kelly discusses the market reaction. Plus, insights into the U.S. spot bitcoin ETF race and Unchained's private client service launch.
Grayscale Bitcoin Trust Discount Narrows In Wake of Spot Bitcoin ETF Race in U.S.
GSR Markets co-founder and President Rich Rosenblum discusses his crypto markets analysis and outlook as bitcoin (BTC) remains steady over $30,000. Plus, Rosenblum addresses the discount to net asset value for the Grayscale Bitcoin Trust narrowing in the wake of asset manager BlackRock’s application to open a spot bitcoin ETF in the United States. Grayscale and CoinDesk are both owned by DCG.
Cripto Catalyst Watch: le letture CPI e PPI di giugno sono sotto i riflettori
L'indice dei prezzi al consumo è sceso al 4% a maggio e continua a seguire un andamento al ribasso, anche se sembra probabile che la Federal Reserve Seguici all'aumento dei tassi previsto per la fine del mese.
Bitcoin torna sotto i 31.000 dollari dopo l'impennata di lunedì sera
Il responsabile della ricerca per il gestore di asset digitali 3iQ ha scritto che la più grande Criptovaluta per capitalizzazione di mercato sta ancora beneficiando dell'impulso dato dalle numerose registrazioni di ETF spot Bitcoin e da altri Eventi di giugno.
Bitcoin Above $30K As China PPI Data Suggests End of Global Tightening Cycle Is Near
Bitcoin is holding steady above $30,000 as PPI data from China suggests the global liquidity-tightening cycle that kicked off early last year and roiled risk assets including crypto is nearing its end. This comes as the Fed has raised rates by more than 500 basis points to the 5%-5.25% range since March 2022. Opimas LLC CEO and founder Octavio Marenzi shares his crypto markets analysis and outlook.