Traders who predict Bitcoin will reach its cycle-high price by the end of this year may be misunderstanding the principles of statistics, a Bitcoin analyst says. It comes as several analysts have been forecasting the outcome for Bitcoin (BTC) in recent times. “Anyone who thinks Bitcoin has to peak in Q4 of this year does
Several financial institutions and market analysts are now projecting the US Federal Reserve, the country’s central bank, will slash interest rates from the current target rate of 4.25%-4.5% at least twice in 2025. The banking forecasts followed a weak August jobs report that saw only 22,000 jobs added for the month, versus expectations of about
Key Takeaways Strategy’s Bitcoin purchases remain unaffected by new Nasdaq regulations. Nasdaq now requires shareholder approval before companies can issue new shares for crypto purchases. Strategy confirmed today that Nasdaq’s new regulations on digital asset treasury formations will not impact its operations, including ATMs and capital markets activities. This indicates that its Bitcoin accumulation plans
Michael Saylor’s Strategy (MSTR) missed out on being added to the S&P 500 index on Friday, despite hopes of inclusion after the company posted one of the strongest quarters in its history and met all criteria for joining the index. The stock of the largest corporate bitcoin BTC$110,656.19 holder declined nearly 3% after market hours,
The U.S. Bureau of Labor Statistics (BLS) has reported a significant BLS data error with its website’s data search tool. This comes at a crucial time, just before the release of key economic indicators like non-farm payrolls and the unemployment rate. For cryptocurrency investors, this isn’t just a technical glitch; it’s a development that could
Cryptocurrency analyst Timothy Peterson has shared a remarkable seasonal analysis of Bitcoin’s price movements. According to Peterson, September 21st is the worst day of the year for Bitcoin. The analyst argued that there’s about an 80% chance Bitcoin will fall on that date. According to Peterson’s data, the average daily loss on September 21st was
Aria Protocol Labs Inc. and the Aria Foundation announced today they have raised $15 million in combined seed and strategic funding to expand a novel push: bringing revenue-generating, real-world intellectual property (IP) onchain as liquid, fungible tokens. The round includes major participation from Polychain, Neoclassic, the Story Foundation and other strategic partners across crypto, IP
Leveraged trader James Wynn, famous for his huge gains and losses, claims his UK bank accounts were frozen with no explanation. Summary James Wynn says that UK banks froze his accounts with no explanation The leverage trader claims that he paid ‘millions’ in taxes from these accounts His claims sparked a debate about debanking in
Chinese media report that one of the country’s leading fintech companies is negotiating the acquisition of technological solutions from the Abu Dhabi–based Venom Foundation. Sources familiar with the matter say the goal is to integrate Venom’s blockchain infrastructure into China’s expanding digital finance systems. The news comes as Beijing continues to emphasize the modernization of
The crypto market may be on the verge of a strong bullish breakout after weak nonfarm payrolls data boosted calls for the Federal Reserve to cut interest rates and as the deadline for ETF approvals nears. Summary The crypto market may rebound after the latest non-farm payrolls data. Economists now expect the Fed to cut