Jurrien Timmer, director of global macro at Boston-based investment giant Fidelity, has opined that Bitcoin might “pick up the slack” now that gold’s rally has faltered. “The price of gold continues to work off what in retrospect looks a lot like a blow-off that was not quite justified by the rise in liquidity,” Timmer noted,
Bitcoin exchange-traded funds (ETFs) saw less than $1 billion in outflows following the historic crypto market crash in October that caused a 20% decline in BTC’s price, according to senior Bloomberg ETF analyst Eric Balchunas. The ETFs broke a six-day outflow streak on Thursday, recording about $240 million in capital inflows, Balchunas said, sharing a
SuperWalk, a popular blockchain move-to-earn platform that creates tokens through walking, has announced its strategic partnership with City Protocol, a decentralized protocol for managing intellectual property (IP) and cultural assets. This partnership aims to merge real-world physical activity with onchain creative economies. SuperWalk 🤝 City Protocol We’re excited to announce our partnership with @cityprotocolHQ !
Nvidia (NASDAQ: NVDA), the first company to hit a $5 trillion market capitalization, has seen nearly $500 billion erased from its overall value this week. Nvidia’s market cap sat at $4.94 trillion on Monday, November 3, and since then, it has dropped to $4.45 trillion at the time of writing, Friday, November 7. The chipmaker’s
The cryptocurrency has hovered around the $100K threshold for multiple days in a row, with no clear sign of an imminent rally. Bitcoin Stalls at $100K, Have We Reached a New Plateau? November is typically a good month for bitcoin. Data from Coinglass shows positive monthly returns for the cryptocurrency 66% of the time between
My First Bitcoin, a Bitcoin education program founded in El Salvador, has ended its collaboration with the country’s Ministry of Education and will transition from running local classes to supporting global Bitcoin education initiatives. The organization has educated more than 27,000 students in person about Bitcoin (BTC) — primarily in El Salvador — and now
The Quantum Doomsday Clock, an initiative that seeks to time the exact moment when bitcoin as we know it today falls to quantum superiority, is predicting this event will happen 2 years and 4 months from now. Quantum Doomsday Clock Puts Bitcoin Downfall Just 2 Years Away The Facts While speculations about the dangers of
Templar is launching on Stellar, enabling XLM deposits to borrow USDC, with no wrapping barriers. XLM attempts a slight recovery, yet bearish signals persist with a Death Cross and low momentum readings. Templar, the first Cypher Lending Protocol, has officially launched on the Stellar network, giving users the ability to deposit XLM and borrow stablecoins
Mantle, a high-performance Layer-2 network focused on real-world assets (RWAs), has announced a strategic collaboration with Bybit and Backed to introduce tokenized U.S. equities onchain through xStocks, according to details shared with Finbold on November 7. The initiative allows users to gain exposure to tokenized versions of U.S stocks, such as NVDAx, AAPLx, and MSTRx,
Could the Bitcoin price fall further after breaching $100,000, or will institutional buyers step in to support the current levels? Summary Bitcoin price fell below $100,000 after an extended rally, sparking renewed selling pressure and investor uncertainty across global markets. Massive liquidations combined with high leverage and ETF outflows, triggered widespread fear and structural fragility