Well-known market analyst DonAlt issued a fresh Bitcoin outlook after Nvidia’s earnings report triggered a brief surge in risk appetite. The $4.6 trillion tech giant reported $57.01 billion in Q3 revenue, versus an expected $55.19 billion, and projected $63.70-$66.30 billion for Q4, against a consensus of $61.98 billion. The stock gained about 4.5% after hours,
The US federal government shutdown canceled the October employment report, a key indicator for interest rate decisions. This has lowered market expectations for a December rate cut to around 30% from 100% a month ago. According to CME FedWatch, the probability of a December rate cut has fallen to 31.8%, while the probability of leaving
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee and settle in because markets are moving, and not in small ways. What started as another busy week of earnings and economic data has quickly changed into something more significant. Somewhere
Swiss metals group MKS PAMP is bringing back DGLD, its gold-backed crypto token, after pausing it for six years. The company told Cryptopolitan that rising demand for gold among crypto traders and big funds pushed it to restart the project. MKS PAMP runs refineries, trading desks, and retail gold operations across several regions, and it
El Salvador executed its largest single-day Bitcoin (BTC) purchase since adopting the cryptocurrency in 2021, acquiring roughly 1,090 BTC worth approximately $100 million as prices slid below $90,000 on Nov. 18. President Nayib Bukele disclosed the transaction on X with a screenshot from the government’s Bitcoin dashboard showing total holdings had climbed to 7,474 BTC,
Bitcoin continued to weaken on Thursday as sellers held firm across the derivatives and spot markets. The 4-hour chart shows a clear downward structure, with rallies fading quickly and momentum leaning toward lower price levels. Moreover, traders continued to unwind exposure across several sessions, signaling that confidence has not yet returned. BTC traded near $91,500
U.S. spot Bitcoin ETFs snapped a five-day outflow streak with $75.47 million in net inflows on November 19, a tentative sign of stabilization after a period of sustained selling. The rebound was led by BlackRock’s IBIT, which contributed $60.61 million in inflows, starkly contrasting Tuesday’s record outflow of $523.15 million, per SoSoValue data. BlackRock’s IBIT
While the US government shutdown negatively impacts many sectors and institutions, including cryptocurrencies, the Fed is among those most affected. This is because the Fed couldn’t access the economic data it bases its interest rate decisions on. Just as the government shutdown ended and data was expected to arrive, the BLS officially canceled the October
Singapore’s retail crypto market is entering a new phase of maturity, as traders are increasingly prioritizing trustworthy platforms over those with lower fees, according to a new survey. On Thursday, a joint survey by finance platform MoneyHero and crypto exchange Coinbase revealed that 61% of “finance-savvy” investors in Singapore now hold crypto, with trust emerging
Marathon Digital Holdings, one of the leading Bitcoin mining firms, has sent another 644 BTC to major exchanges, continuing its string of transfers in November. The move comes amid mounting pressure on mining firms, with the hashprice index dropping to a record low. Marathon Digital Continues Bitcoin Transfers in November According to blockchain analytics firm