Retail Bitcoin traders made themselves heard today, causing $700 million in crypto liquidations. The price of BTC fell by around $4,000 as on-chain activity spiked, even though institutions kept buying. Whether or not BTC keeps dropping or recovers soon, we need to pay attention to these dynamics. Corporate liquidity is very influential in the market,
Fed Board Member Michael Barr has taken a cautious stance regarding inflation and the monetary policy outlook in his recent statements. Barr noted that consumer spending has remained strong since the September meeting, while core personal consumption expenditures (PCE) inflation continues to rise. “The September rate cut was an appropriate decision, but the current policy
In a YouTube video released Wednesday, U.S. Sen. Bernie Sanders (I-VT) warned that artificial intelligence could erase nearly 100 million American jobs within the next decade, calling it an “issue of enormous consequence” that would deepen inequality unless lawmakers acted. His critique was based on a Senate report released on Monday by the Health, Education,
Bitcoin could be exposed to quantum computing threats as experts warn the network must prepare for a post-quantum future. Summary Charles Edwards warns Bitcoin’s core cryptography may not survive the rise of quantum computing and urges the community to build defenses before 2026. Deloitte reports that 4.5 million Bitcoin worth around $550 billion remain stored
This is a segment from The Drop newsletter. To read full editions, subscribe. Could “Gaming Capital Markets” spur interest in crypto gaming? Zynga co-founder Justin Waldron is behind the upcoming launch of the Open Game Protocol, a chain-agnostic app layer that aims to reward players of any game in any token — and reward developers
Precious metals are soaring in response to the US dollar debasement, with gold hitting $4,000 per ounce and silver reaching a 45-year high of over $50 per ounce. Still, the precious metal rally may be running out of steam, paving the way for investor rotation into alternative store-of-value assets like Bitcoin (BTC) and tokenized real-world
Interest in digital assets among institutional investors is rapidly growing, according to newly released State Street research. The study found that the share of digital assets like Bitcoin in institutional portfolios is expected to rise from an average of 7% to 16% over the next three years. The study noted that tokenization and blockchain technologies
Bitcoin’s latest price movements are reviving an old narrative that traders and macro investors have dubbed the “debasement trade.” The term describes a bet against fiat currencies, a move toward scarce or hard assets whenever markets expect governments to finance deficits with cheaper money. It’s a trade born from fear that currencies are quietly being
Bitcoin (BTC) broke the new ATH by exceeding $126,000 at the beginning of the week, but fell sharply during the week to $121,000. As investors await a major surge with the arrival of the bullish month of October, one analyst said Bitcoin is at a turning point. Studying Bollinger Bands, popular analyst Tony Severino concluded
Key Takeaways Maestro has launched Symphony, the world’s first fully audited and open-sourced Bitcoin indexer. Symphony supports standards like BRC-20s, Runes, and Ordinals, powering large-scale and secure blockchain applications. Maestro, a BitcoinFi infrastructure provider, has released Symphony, the first fully audited Bitcoin indexer as an open-source solution. The software stack is designed to power large-scale