Bitcoin News

Bitcoin News

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Bitcoin Bid, XRP Retakes 200-Day Average as Fed Rate Cut Looms; 'Mag 7' Earnings, Trump-Xi Summit Eyed

Major cryptocurrencies are trading higher ahead of a busy week featuring key Federal Reserve and Bank of Japan rate decisions alongside earnings reports from influential Mag 7 stocks.

Traders looking at the screen. (This_is_Engineering/Pixabay)

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Gold’s Pause is Bitcoin’s Pulse as Risk Appetite Returns Ahead of the Fed Week

The move comes as the BTC/gold ratio — a measure of Bitcoin’s relative value against the yellow metal — flashed its most oversold reading in nearly three years last week.

Stacked gold bars (Scottsdale Mint/Unsplash/Modified by CoinDesk)

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Bitcoin Shines as a 'Liquidity Barometer,' Not an Inflation Hedge, NYDIG Says

Gold, traditionally seen as an inflation hedge, also shows inconsistent and often negative correlations with inflation, the data shows.

Bitcoin symbol alongside a rising chart.

Finanças

Rumble to Roll Out Bitcoin Tipping for 51 Million Users in December

The feature is developed with Tether and was announced at the Plan ₿ Forum in Lugano, Switzerland. The first BTC tip was sent to content creator David Freiheit.

(Midjourney/Modified by CoinDesk)

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Bitmine’s Tom Lee Sees Crypto Rally Into Year-End, Says S&P 500 Could Climb Another 10%

On CNBC, Tom Lee said Fed cuts and fading skepticism could lift U.S. stocks into year-end and that crypto may rebound as open interest resets and technicals improve.

Abstract green wireframe bull charging forward on a striped background. (CoinDesk)

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Bitcoin Consolidates Above $111,000 as Breakout Awaits Fresh Catalyst

Bitcoin stayed range-bound into 08:00 UTC on OCt. 25 as volume spiked on a defense of support and sellers capped rallies near the top of the recent corridor.

BTC-USD 24-Hour Price Chart

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U.S. CPI Rose Softer Than Expected 0.3% in September; Bitcoin Adds to Gains

The better than hoped inflation data cements market anticipation that the Fed is on track for rate cuts at its final two meetings of the year.

Two paper carrier bags of fresh fruit and baked products. (Maria Lin Kim/Unsplash)

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JPMorgan to Allow Clients to Pledge Bitcoin and Ether as Collateral: Bloomberg

The tokens pledged under the global program will be safeguarded by a third-party custodian.

FastNews (CoinDesk)

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Dormant Bitcoin Whale With $442M Awakens for First Time in 14 Years Amid Quantum Fears

14-year-old wallet moves $16.6M in BTC as analyst weigh security concerns and shifting on-chain behavior.

Dormant 4,000 Bitcoin Miner Wallet Reawakens  (Javier Rincon/Unsplash/Modified by CoinDesk)

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AI Miners Surge Pre-Market on Record $38B Oracle Data Center Deal Boosts Sector

A massive Oracle-led AI infrastructure financing ignites a sharp rally in AI and HPC mining stocks.

(Shutterstock)