As Bitcoin (BTC) stabilizes around the $90,000 mark, technical indicators suggest the asset is likely to see a correction toward the $70,000 area. This outlook comes from cryptocurrency analyst Ali Martinez, who highlighted a 12-hour chart showing Bitcoin consolidating in a tightening formation resembling a bearish flag, an indicator often linked to continued downside after
Story Highlights Trump demands immediate rate cuts from next Fed Chair, pressure builds December 10 meeting Markets expect 25 basis point Fed rate cut, with CME FedWatch showing 90% odds Meanwhile, Bitcoin trades near $90,551, down 23% from $126,000 peak as investors await Fed signals U.S President Donald Trump has once again put the Federal
The Central Bank of Russia (CBR) is not currently planning to create a proprietary mobile application for the upcoming digital version of the national fiat. The regulator is convinced it’s going to be cheaper and more efficient if Russians use the apps of commercial banks they already know well. Established banking applications would allow Russians
Japan’s evolving digital credit landscape is entering a pivotal phase as Metaplanet Bitcoin positioning gains momentum amid a key competitor’s strategic pause. Summary Strategy confirms 12-month pause on Japan expansion Metaplanet moves ahead with Mercury and Mars Competing visions for the future of digital credit Metaplanet’s Bitcoin position and market context FAQs on Strategy, Metaplanet
Geoff Kendrick has seen enough. “Recent price action in bitcoin BTC$90,494.54 has been challenging, to say the least,” said Standard Chartered’s global head of digital assets in a Tuesday note titled “Not a crypto winter, just a cold breeze.” Key among the reasons for Kendrick’s shift is the collapse in the share values of bitcoin-focused
Key takeaways BTC is down 1.35% and is trading around $90,500. The leading cryptocurrency has stabilized ahead of tomorrow’s FOMC meeting. BTC stays above $90k ahead of the Fed rate decision Bitcoin began the week bullish, hitting the $93k level on Monday. However, it has lost 1% of its value in the last 24 hours
Regulators and enterprises are turning to Avalanche blockchain to support a new era of verifiable data in global trade and supply chain oversight. Summary ASTM D8558 standard brings supply chain data onchain Four-step conformity framework for global trade Traceability and authentication Validation and oversight Why Avalanche is the chosen blockchain layer From paper documents to
Key Takeaways President Donald Trump says he may lower tariffs on some goods and raise them on others. Businesses are warning of possible price hikes due to existing tariffs as inventories run low. President Donald Trump may adjust his tariff policies, including possible carveouts on certain consumer goods, he said in a recent interview with
Key Takeaways Twenty One Capital, backed by SoftBank and Tether, will begin trading on the NYSE under the ticker “XXI.” The company is the third largest public corporate holder of Bitcoin and plans to grow through Bitcoin-centric financial services and products. Twenty One Capital, a Bitcoin-centric venture backed by Bitfinex and SoftBank Group, will start
IREN (IREN), a bitcoin miner, completed a refinancing that combined a $2.3 billion convertible senior-note offering with a $544.3 million repurchase of existing convertible notes. The new issuance includes $1 billion of 0.25% notes due 2032, $1 billion of 1% notes due 2033 and a fully exercised $300 million greenshoe to meet excess demand. IREN