Crypto bros tracking bitcoin’s (BTC) price against re-releases of the McDonald’s McRib got a little too excited this week when an online news outlet mistakenly reported the sandwich’s return. Analyst Jack McCordic, known as “internbrah” on X, claims the McRib has “historically” heralded an up-to-2X increase in BTC’s price. McCordic’s graph shows that when the
The stablecoin market cap surpassed the $300 billion threshold for the first time in history, marking a significant milestone in the rapid boom of widespread financial adoption. Summary The global stablecoin market cap has crossed over the $300 billion mark for the first time in history, led by Tether’s USDT dominance. While USD-backed tokens remain
Bitcoin (BTC) has rallied over 10% this week as institutional demand continues to rise, supporting the narrative that September lows are usually followed by strong upward movements. Indeed, historical data shows that October tends to deliver high returns for the cryptocurrency (over 20% on average), earning the month its signature “Uptober” nickname. The situation this
Stephen Miran, the new member of the Fed Board of Governors, who was reportedly appointed by President Donald Trump because of his closeness to him, made remarkable statements about the US economy and monetary policy. Speaking to Bloomberg Television, Miran said he was not shy about offering different views from other members of the central
Bitcoin has reclaimed the $120,000 mark, signaling renewed bullish momentum that is pushing the crypto king closer to its all-time high. The sharp rise in price reflects improving investor sentiment as fresh capital flows into the market. Mid-sized holders and ETF inflows appear to be playing a crucial role. Bitcoin Has Strong Backing The Trend
The U.S. stock market extended its rally on Friday as Wall Street continued to downplay the government shutdown and as a wave of AI deals added further momentum. Summary Stock market news today is dominated by headlines on rallying Dow Jones Industrial Average, S&P 500 and Nasdaq. All major indexes hit record highs even as
Bitcoin (BTC) saw another strong rally today, rising 3.25% to $123,808.32, bringing the cryptocurrency’s market capitalization to $2.46 trillion. It is currently trading just 0.46% off its all-time high (ATH), with the last record high being $124,457, according to the data. Daily chart showing the rise in BTC price. Analysts say the rise is fueled
As a result of the US shutdown, the government will suspend all operations except essential services and many employees will be furloughed. This will negatively impact the functioning of government institutions, as many will continue to operate with limited staff. At this point, the shutdown could also affect the FED, which acts based on economic