The cryptocurrency market has witnessed some truly turbulent price action this week. Surprise low employment data from the US caused a sudden drop in Bitcoin’s price, but it has since recovered and is trading around $111,000. However, there are many economic developments and altcoin events in the new week that could also affect the cryptocurrency
The ongoing economic and geopolitical tensions have fueled demand for safe-haven assets, with Bitcoin, gold, and the Swiss franc being in the driver’s seat. While Bitcoin’s (BTC) price has pulled back recently, it remains much higher than the year-to-date low. Also, Bitcoin ETFs continue to add assets this year, with their cumulative inflows rising by
ATT Global, a popular blockchain RWA entity, has partnered with Hashrate Asset Group, the earliest SEC-filed security token for Bitcoin ($BTC) mining. The partnership aims to merge the expertise of ATT Global in Web3 and RWA development with the mining-baked, compliant financial solutions of Hashrate Asset Group. As the platform disclosed in its official social
In recent years, the decentralized finance (DeFi) boom has attracted not just investors and developers but a new class of specialized actors. These participants are seeking Maximum Extractable Value (MEV), the extra revenue gained by strategically controlling the order of blockchain transactions. This concept has evolved from a technical curiosity into a focal point of
Everyone’s buying gold. The boomer rock blasted past $3,600 this week to mark a fresh all-time high and draw investors far and wide into its glittery orbit. So why is the gold price surging? It’s the result of a perfect storm: a cooling labor market in the U.S., expectations of rate cuts, relentless geopolitical jitters,
Cryptocurrency analyst Timothy Peterson offered a compelling assessment of Bitcoin’s performance on September 8. According to Peterson, historical data suggests that September 8 was one of the worst days for Bitcoin. The analyst stated, “Bitcoin has an average 53% chance of rising on any given day, with a typical gain of around 0.10%. However, the
With the crypto market showing signs of a potential rebound, Bitcoin and other top altcoins have moved to the green zone. Amid this positive price trajectory, Bitcoin whales appear to have relented from market sell-offs as data provided by on-chain monitoring firm Whale Alert shows major BTC buy activity. The source revealed it has spotted
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Real-world assets entered the mainstream around 2020, though the idea traces back further. As the name suggests, RWAs are traditional or physical assets that have been tokenized and brought onto the blockchain.
Metaplanet stock price is in a free fall, erasing some of the gains made after its pivot to Bitcoin accumulation. Summary Metaplanet share price has slumped by 63% from the year-to-date high. Bitcoin treasury stocks have plunged in the past few months. Technical analysis points to more downside in the coming weeks. Metaplanet shares have
Bitcoin hovered at $111,092 per coin on Saturday, holding ground in a narrow $110,032 to $111,369 range despite fading momentum. With a market cap of $2.21 trillion and $22.66 billion in daily trading volume, the world’s largest cryptocurrency is consolidating as bulls prepare for a potential push past resistance. Bitcoin On the daily chart, bitcoin