As global debt concerns mount, Bitcoin advocates are gaining traction in their calls for cryptocurrency adoption. Recently, influencer Jack Mallers highlighted the dire choices facing governments: either to default on their debt or repay it with devalued currency. His remarks underscore the growing belief that Bitcoin could serve as a viable alternative in these uncertain
Bitcoin price has retreated toward $84,000 after reaching $87,220, while Bitfinex analysts have identified sustained buying above $86,500 as a condition for further gains. Bitfinex’s Analyst Team, in comments provided directly to crypto.news, said renewed U.S. spot Bitcoin ETF inflows had brought its demand measure close to a level associated with sustained price gains. The
Sean Farrell, Head of Digital Asset Strategy at Fundstrat, said that increasing pressure in the US bond market could become a strong bullish catalyst for Bitcoin. Farrell believes there are sufficient signals that Bitcoin has formed a sustained cycle bottom and that macroeconomic conditions are now beginning to support liquidity trends in the cryptocurrency market.
It was just several hours ago that the primary cryptocurrency topped $87,000 for the first time in about ten days after the softer-than-expected US jobs report came out. Although that should be considered bullish for risk-on assets, especially when it’s aligned with the positive data from the PCE report earlier this week, the subsequent effects
Anchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion earlier this year, has reportedly cut 17% of its workforce, suggesting that the prolonged crypto market downturn is weighing on the company even as it expands its institutional footprint. Citing people familiar with the matter, The Information reported Friday that CEO Nathan
The RWA Foundation has reported a significant expansion in its datasets, now covering 717 stablecoin deployments. This update, highlighted by CryptoTwitter commentator @tokenterminal, underscores the growing interest and usage of tokenized assets. The implications of this growth could reshape market dynamics as new projects emerge and existing ones evolve. What Happened The latest quarterly report
Coinbase stock fell 3.32% to $183.00 on Friday, October 2, after an early rally approached $200. Shares were down $6.29 at 1:33 p.m. EDT, with trading still underway near the session’s lowest levels. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on 40K reviews in the App
PGA’s recent launch on Arbitrum One has generated over $136,000 in fee revenue within its first week, according to a tweet from @arbitrum. Approximately half of all transactions included a priority fee, signaling robust network activity. This growth could attract further interest from developers and users alike, enhancing Arbitrum’s ecosystem. The Story So Far The
Bitcoin Reclaims $87,000 Amid Weak Labor Data In price action likely to fuel “Uptober” sentiment, the price of bitcoin reclaimed $87,000 on Friday morning, marking the first time the cryptocurrency has breached the threshold since Sept. 23. The rally coincided with the release of September nonfarm payrolls (NFP) data showing near-flat employment growth and an
Machi’s recent trading performance has caught the attention of the crypto community, with his impressive streak of ten consecutive profitable trades yielding a total profit of $1.34 million. This success underscores the growing interest in the $PUMP token and highlights the potential of influencer-driven trading strategies. As noted by Lookonchain, Machi’s current positions include substantial