A new investor sentiment survey conducted in South Korea from July 22 to 25 shows growing positive sentiment toward Bitcoin and renewed interest in XRP, driven by recent U.S. regulatory developments. The weekly poll, from CoinNess and Cratos, shows how investor outlooks are changing as major legislative and legal outcomes impact the market. According to
A central bank digital currency (CBDC) alone will not be enough to challenge the rise of US dollar-pegged stablecoins, according to an adviser to the European Central Bank (ECB). In a blog post published Monday on the ECB’s website, adviser Jürgen Schaaf outlined a range of strategic options for the European Union to address the
Shares of consumer products firm CEA Industries (VAPE) are up more than 700% on Monday as the firm announced plans to begin a $500 million crypto treasury centered on BNB, the cryptocurrency launched by top exchange Binance. The firm, in collaboration with 10x Capital and YZi Labs, is raising $500 million via a private investment
Decentralized systems like the electric grid and the World Wide Web scaled by solving communication bottlenecks. Blockchains, a triumph of decentralized design, should follow the same pattern, but early technical constraints caused many to equate decentralization with inefficiency and sluggish performance. As Ethereum turns 10 this July, it’s evolved from a developer playground into the
The FED interest rate decision, which is followed with great curiosity in the Bitcoin (BTC) and cryptocurrency markets, will be announced this week. The Fed will announce this month’s interest rate decision on Wednesday, July 30. The market is generally pricing in a 97.4% probability that the Fed will leave interest rates unchanged in July,
Bitcoin BTC$118,588.21 volatility bulls may soon get their wish because seasonal patterns in Cboe’s Volatility Index (VIX) suggest Wall Street is poised for increased turbulence. The VIX measures the anticipated 30-day swings of the S&P 500 benchmark. Its historical pattern, according to Barchart.com, shows a frequent August surge, often preceded by a decline in July.
Crypto finance platform Matrixport, citing its reverse seasonal analysis published a month ago, announced that they predicted the possibility of Bitcoin rising to $116,000 and that this prediction has now come true. Matrixport: Bitcoin Reaches $116,000 Target, But Late Summer Correction May Be Coming While emphasizing that market sentiment is becoming increasingly positive, the company
The month isn’t over yet, but Bitcoin and Ethereum ETFs have already set a record with $11.2 billion in inflows, according to crypto asset manager CoinShares. The final tally will arrive after the bell rings on Thursday. ETH funds have been stealing the show lately and last week was no exception, said CoinShares Head of