Markets
Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say
Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.
Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%
A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.
Bitcoin Slips Below $68K as ETFs Bleed $64M, Asian Stocks Decline
The U.S.-listed spot BTC ETFs registered a cumulative outflow of over $64 million on Monday.
Explaining Bitcoin's Dull Price Action Amid Record ETF Inflows
Most ETF inflows are likely part of a non-directional strategy, not outright bullish bets.
Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.
Payrolls-Led Bitcoin, Ether Price Swoon Is 'Buy the Dip' Opportunity, Crypto Trading Firm Says
Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said.
Bitcoin, Ether Little Changed Over Weekend After $400M Liquidation Rout
The week ahead could boost market volatility with the CPI release on Wednesday, the FOMC meeting on Thursday, and a speech from Janet Yellen on Friday, one firm said.
Bitcoin Could Lift to $83K in the Coming Days, Analyst Says
The bullish forecast comes ahead of key U.S. data that is likely to influence Fed rate cut expectations.
RoaringKitty a GameStop Billionaire by Friday? Crypto Traders Are Placing 50% Odds
A new market on betting application Polymarket has seen over $120,000 in trader placed on Keith Gill making ten figures on his GameStop equity and options holdings.
Bitcoin’s Latest Rally to $71K Is Different From the March Breakout. Here's Why.
The latest breakout is characterized by lack of speculative froth as opposite to March and positive macroeconomic details.
