Bitcoin’s next macro catalyst may weaken the dollar without delivering the easier money bulls need. The European Central Bank’s Sept. 10 policy decision could strengthen the euro and push the dollar index lower, potentially offering relief to Bitcoin after its latest slide below $80,000. But a currency-driven drop in DXY would provide limited evidence that
Castle, the company behind an automated bitcoin financial stack for businesses, has said it is opening its platform to individuals, bringing its high-yield product to personal accounts along with a first for the category: the option to take dividend income in bitcoin at whatever ratio the customer picks. The yield comes from STRC, Strategy‘s perpetual
Pyth Network has announced the launch of Pyth Pro and 24/7 Indices on the Stellar Network. This integration offers developers streamlined access to vital financial data, allowing for more efficient application development. Such advancements are crucial in the evolving cryptocurrency landscape, particularly as more builders seek reliable data sources. For further details, refer to the
Cryptocurrency analytics company Glassnode stated that while Bitcoin continues its sideways movement around $79,100, the market is giving conflicting signals. According to the company, institutional demand, capital inflows, and increased leverage in the futures market, coupled with cooling momentum in the spot market, are keeping Bitcoin in a delicate balance. According to Glassnode data, Bitcoin
Matthew Mezinskis, a financial analyst known for his long-term price predictions and macroeconomic analyses in the cryptocurrency markets, painted a highly optimistic picture of Bitcoin’s future during his appearance on the New Era Finance Podcast YouTube program. Despite current market fluctuations, Mezinskis argues that investors are still at the beginning of the journey, suggesting that
Bitcoin trades below $80,000 on Sept. 8 as oil approached $100 a barrel following a fresh disruption to Saudi energy facilities. The new energy shock could complicate the inflation outlook even if Friday’s US consumer-price report brings encouraging news. Bitcoin’s price stood near $78,300 at press time, down 1.52% over 24 hours, although it remained
Traders scanning the order books got a surprise when Solana’s tokenized stock recorded an impressive $32.1 million in trading volume over the past week. This figure dwarfs the $4.1 million seen in the VIDA stock traded on the NYSE, indicating a strong interest in meme stock pairs. The information surfaced from a tweet by @SolanaFloor,
Nike’s entry into the Solana blockchain via the Sunrise initiative marks a pivotal moment in the integration of traditional brands into the crypto space. The announcement surfaced through a tweet by @solana, highlighting the collaboration with Backpack Securities. This move not only enhances Solana’s ecosystem but also opens doors for broader adoption of digital assets
The real threat to Bitcoin isn’t the Iran conflict itself. It’s the inflation shock $100 oil could create, and how the Federal Reserve responds. Oil Is Racing Toward $100 Brent crude touched a seven-week high near $99 a barrel this week, and WTI has climbed above $92. This came after Iran said it plans to
Bitcoin ($BTC) dipped below $78,000 at Tuesday’s Wall Street open as risk assets fell on renewed Middle East tensions. Key points: Bitcoin briefly dropped under $78,000 for the first time since Sept. 3, following downside pressure on US equities. WTI crude oil hit three-month highs near $95 per barrel on renewed military strikes in the