The cryptocurrency market is going up again, according to CoinStats. $BTC/USD The rate of Bitcoin ($BTC) has risen by 2.19% over the last 24 hours. On the hourly chart, the price of $BTC is near the local resistance at $90,016. If it breaks out, the rise is likely to continue to the $91,000 zone. The
The US dollar slid to a four-year low, while gold and silver pushed deeper into record territory as Bitcoin attempted to recliam the $90,000 level. During the past day, the dollar index, a gauge of the greenback against major peers, touched 95.566, its weakest level since February 2022, after President Donald Trump dismissed concerns about
Coinbase stock (COIN) continues to struggle despite diversification into copper and platinum futures, allowing trades on both metals with less upfront capital. COIN stock has fallen 1.24% (-2.65) to $210.83 in the past 24 hours despite the slight 0.53% (+1.11) pre-market surge to $211.94, bringing the total 5-day drop to 7.62% (-17.39). Market data shows
Crypto traders are leaning bullish while simultaneously chasing downside protection ahead of Friday’s bitcoin $BTC$88,841.00 options deadline worth billions of dollars. Bitcoin options worth $8.5 billion will expire on Deribit at 8:00 UTC on Friday, the world’s largest crypto exchange by trading volume and open positions. These figures represent the U.S. dollar notional value of
Fidelity Investments is launching its first stablecoin, the Fidelity Digital Dollar (FIDD), in early February, marking a major move by one of the largest traditional financial institutions into onchain finance. FIDD will be issued by Fidelity Digital Assets, a federally chartered national bank and subsidiary of Fidelity. The Ethereum-based stablecoin will be redeemable for $1
Key Notes JPMorgan initiated coverage on HashKey with an Overweight rating and a HK$9 target, implying roughly 28% upside. The bank expects institutional digital asset inflows in Hong Kong to grow at about an 85% CAGR through 2027. HashKey’s licensed status and roughly 75% local market share support its growth outlook amid expanding crypto services.
Bitcoin price briefly tested $90,000 on Wednesday, extending a rebound from last week’s sharp sell-off. It comes ahead of the Federal Open Market Committee (FOMC) rate decision later today. However, analysts warn that the move offers relief rather than resolution as crypto markets brace for a dense cluster of US macro and policy risks. Bitcoin
Shares of Intel (INTC) extended gains in after-hours trading as rumors swirled that NVIDIA may be turning to the US-based semiconductor company to diversify its chip manufacturing. INTC rose more than 3% on Monday, according to Yahoo Finance. Taiwan-based outlet DigiTimes reported Monday, citing supply chain sources, that NVIDIA plans to collaborate with Intel on
With Bitcoin (BTC) attempting to reclaim the $90,000 resistance zone, analysis by a trading expert suggests that the asset is likely to see a correction in the coming months. Indeed, the TradingShot outlook shared in a TradingView post on January 28 indicated that a possible drop to $45,000 can be derived from the view that
Long term holders of bitcoin $BTC$88,841.00 are again selling the largest cryptocurrency, with distribution now at the fastest pace in five months. Last year’s action front-ran a market top that occurred, as many had expected, in October. In the past 30 days, investors who’ve held bitcoin for at least 155 days — a cohort typically