Bitcoin price started a recovery wave above $88,000. BTC is now consolidating and might soon aim for a move above the $90,000 zone. Bitcoin started a recovery wave and climbed toward $89,000. The price is trading above $87,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at
Key Takeaways The Bank of Japan is signaling a possible interest rate hike at its December policy meeting. Officials are emphasizing the importance of new economic and wage growth data, particularly given the recent yen depreciation. Bank of Japan officials are signaling a potential interest rate hike at their December policy meeting, sources familiar with
Kevin Hassett, a former Coinbase advisor who holds over $1 million in COIN stock, leads the Federal Reserve Chair race with a 56% nomination probability on prediction markets. As Trump’s criticism of Jerome Powell grows, final interviews are underway through Treasury Secretary Scott Bessent. Hassett Emerges as Frontrunner Amid Volatile Prediction Markets Kalshi prediction markets
Strategy (formerly MicroStrategy) recently took to the X social media network to emphasize that even if Bitcoin (BTC) fell to $74,000, it would have 5.9x coverage over its convertible debt. Even at $25,000 per BTC, coverage would still be 2x. Bitcoin is currently trading at $87,567, according to CoinGecko data. This was clearly meant to
Bitwise analyst Jeff Park argued that Bitcoin’s (BTC) historically adopted 4-year halving cycle is now obsolete and the market is transitioning into a new “2-year price cycle” with the transition to the institutional era. According to Park, Bitcoin’s future price movements will no longer be the product of miner economics and supply shocks, but rather
The venture capital division of America’s largest crypto exchange says it is targeting its funds toward real-world asset trading, decentralized finance and artificial intelligence next year. In a blog post, Coinbase Ventures stated that it is actively seeking to invest in teams involved in asset tokenization, specialized exchanges and trading terminals, next-generation DeFi and agentic
Bitcoin BTC$87,566.53 traders, buckle up. Renewed optimism around potential Fed rate cuts is lighting a hopeful spark for BTC’s recovery and there are some key price levels worth noting. First up on the radar: the 200-hour simple moving average (SMA), currently seen close to $88,000. This level has been playing the role of a ceiling
A high-conviction Bitcoin whale placed a $2 billion wager that the worst is over and the market bottom might be in after a brutal leverage washout stripped speculative froth from the crypto market. On Nov. 24, Deribit, the Coinbase-owned crypto options trading platform, reported a 20,000 BTC notional block trade, which appears to signal that
Tether’s asset tokenization arm, Hadron by Tether, said Tuesday that it has struck an agreement with blockchain analytics firm Crystal Intelligence to boost compliance and monitoring for tokenized real-world assets (RWAs). The deal will give institutions using Hadron streamlined access to Crystal’s analytics and forensic tools, a move Tether frames as a step toward making
Kakao Bank has reportedly shifted to active stablecoin development under founder Kim Beom-soo, while Naver is finalizing a merger with Dunamu, the operator of Upbit, South Korea’s largest crypto exchange. These moves come as lawmakers push forward stablecoin bills that could reshape the country’s digital financial landscape. Kakao Accelerates Stablecoin Development According to a local