The big question for bitcoin BTC$110,673.26 is whether the basis trade, an attempt to profit from the difference between the spot price and the futures market, will return if the Federal Reserve cuts interest rates on Sept. 17. There’s a 90% chance the Federal Open Markets Committee will cut the federal funds target rate by
Bitcoin price has staged a short-term recovery. After rebounding more than 2% in the past 24 hours, the move has erased the week’s losses, leaving BTC flat on the seven-day chart. Over the past three months, gains have remained capped below 5%, but the yearly trend still shows strength with an 80% rise. Now, a
September has historically been Bitcoin’s weakest month. Adding to the concern, analysts point out that rare death cross signals have just appeared across major timeframes. A death cross occurs when a short-term moving average or indicator falls below a longer-term one. It often signals the start of a bearish trend. While these signals do not
Bitcoin exchange-traded products (ETPs) now hold more than 1.47 million Bitcoin, amounting to 7% of the cryptocurrency’s maximum 21 million coin supply. US-based exchange-traded funds for Bitcoin (BTC) have scooped up the largest share, with their holdings exceeding 1.29 million BTC held across all 11 funds as of Sunday, Aug. 31, according to data shared
Gold has surged more than 6% in just 10 days, touching fresh all-time highs (ATH) and sparking intense debate about its implications for Bitcoin (BTC). As the ultimate safe-haven asset flashes strength, analysts debate whether this is a warning sign for crypto or the setup for Bitcoin’s next big move. Gold Surges Amid Global Liquidity
Bitcoin will likely only climb to the $150,000 price point once two massive Bitcoin whales finish selling, according to Bitcoin holding company Nakamoto CEO, David Bailey. “The only reason we’re not at $150k right now is two massive whales,” Bailey said in an X post on Tuesday. “Once they’re slain (1 down, 1 halfway there)…
While some have dubbed Google Cloud Universal Ledger an “ XRP killer,” critics remain skeptical, arguing that its centralized control by Google runs counter to the core principles of decentralization. The Debate Over Centralization vs. Decentralization The recently launched Google Cloud Universal Ledger (GCUL), a private and permissioned blockchain, is being positioned as a secure
Neo has rolled out Neo X TestNet v0.4.1. The update brings in a fully audited version of the zero-knowledge distributed key generation protocol used to power the Anti-MEV system. The Anti-MEV safeguards are designed to stop block producers from being able to extract value from users by manipulating transaction order—for example, by frontrunning a profitable
Bitcoin price is still showing bearish signs below $112,000. BTC is now attempting to recover and might face hurdles near the $110,500 level. Bitcoin started a fresh decline below the $112,000 zone. The price is trading below $110,500 and the 100 hourly Simple moving average. There was a break above a short-term contracting triangle with
Bitcoin (BTC) has been on a steady downtrend since reaching an all-time high of $123,731 on August 14. In the weeks that followed, it shed nearly 10% of its value. With the leading coin now trading under $110,000, and considering its historical tendency to underperform in September, the outlook for the month appears increasingly bearish.