China
Sliding Copper-to-Gold Ratio Presents Bitcoin Bear Case
Bitcoin's best years have been characterized by copper's outperformance relative to gold but the widely-tracked ratio continues to slide in the wake of China's stimulus announcements, offering negative cues to risk assets. What does the sliding copper-to-gold ratio mean for bitcoin? And how will the growth of M2 money supply from major central banks impact BTC's momentum? CoinDesk's Christine Lee presents the "Chart of the Day."
Bitcoin Takes Another Shot at $63.5K as China's Vague Fiscal Stimulus Deters Capital Shift
China's highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital flows into Chinese equities.
Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement
Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.
Bullish Bitcoin Hopes Dented as China Eases Stimulus Plans
The lack of new measures and announcements of new stimulus at a Chinese briefing today pared hopes of a long-drawn stimulus package - one that contributed to a bitcoin run in the past few weeks.
Bitcoin, Asian Equities May Be Losing Capital to China Stocks
Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.
Attention Bitcoin Bulls, China Stimulus May Have Lost Its Mojo
According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.
Sentiment Around Ether 'Couldn't Be Worse': Sygnum Bank Head of Research
Sygnum Bank head of research Katalin Tischhauser discusses the underperformance of ether comparing to bitcoin and Solana and the negative sentiment around ETH. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Why Bitcoin Stumbled While Stocks Soared, And What Happens Next
Sygnum Bank head of research Katalin Tischhauser joins CoinDesk to discuss the Federal Reserve interest rate cut in the U.S. and the stimulus package in China, and how these economic policies could impact the broader crypto market. This content should not be construed or relied upaon as investment advice. It is for entertainment and general information purposes.
China's Former Minister of Finance Calls Crypto a 'Crucial Aspect' of Digital Economy
The former minister called on Beijing to study the industry in light of Republican candidate Donald Trump's comments on crypto.
Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs
Monetary stimulus in the U.S. and China appeared to be the catalyst for the crypto's run higher.
