Circle (CRCL) has recently outperformed other crypto-linked equities, a move investment bank William Blair said reflects more than shifting macro conditions. “It is tempting to ascribe recent strength to surging oil prices and perhaps a more hawkish Fed,” wrote analysts Andrew Jeffrey and Adib Choudhury in a Thursday note to clients. “We think there is
Wall Street giant Goldman Sachs has revised its forecast on when the U.S. Federal Reserve will make the first rate cut this year. This delay in their forecast for the first Fed rate cut this year comes as the Iran war threatens to drive inflation higher, which could make the U.S. Central Bank more wary
Crypto analyst Leshka has explained why it is unlikely that the Bitcoin price has bottomed even as it continues to attempt a recovery above $70,000. His analysis also aligns with predictions from analysts such as Doctor Profit, who predict that $BTC could still drop to $40,000. Analyst Explains Why Bitcoin Price Hasn’t Bottomed In an
Athletes drafted on Thursday to compete in the MoonPay X Games League are set to receive signing bonuses in stablecoins, providing an early look at how the crypto payments provider plans to elevate its partners via the action sports spectacle. MoonPay said one-time payments of $2,500 will be sent to 40 athletes in the form
Major crypto exchange Binance spotlights the smallest slice of Bitcoin, the Satoshi. In a recent tweet, Binance explains Satoshi — this time not the entity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, but the smallest slice of Bitcoin. A Satoshi is the smallest unit of Bitcoin, equal to 0.00000001 $BTC and named in honor of the
On-chain data from Glassnode shows that bitcoin holders across nearly all wallet cohorts have shifted back to aggressive selling amid persistent geopolitical tensions in the Middle East. The distribution is being led primarily by retail investors, who appear to be the main source of selling pressure. Glassnode’s Accumulation Trend Score, which measures whether different wallet
Bitcoin is attempting a consolidation bounce, briefly reclaiming the $70,000 level after weeks of subdued price action. The recovery feels tentative rather than convincing. Underlying metrics paint an increasingly bearish picture, suggesting the road ahead may be prolonged and painful for $BTC holders bracing for what comes next. Bitcoin’s Past Hints at Its Future Bitcoin’s
The war between the US and Iran increased uncertainty and oil prices, which indirectly heightened inflation concerns. Analysts are concerned that inflation, which the US Federal Reserve (FED) has long been trying to bring down to its 2 percent target, may come under renewed upward pressure as a result of this increase in energy prices.
Eightco Holdings’ ($ORBS) shares rose as much as 25% in early trading after the firm said it secured $125 million in new institutional funding commitments and made $75 million in AI and crypto investments. The commitments include $75 million from Bitmine Immersion Technologies (BMNR), an ether (ETH) treasury asset company that holds a near 7%