Markets
Bitcoin Drops Below $63K on Profit Taking as SafePal’s SPF Gets Points Boost
QCP Capital noted an increase in call spread buying with the selling of calls marked for the $100,000 per bitcoin level. The strategy suggesting a generally bullish mood, but not an explosive move higher in the short term.
AI Tokens Lead Crypto Market Ahead of Nvidia Earnings, Bitcoin Under $64K
Analysts polled by FactSet are expecting Nvidia to hit earnings of 65 cents per share, up 141% year-over-year.
Bitcoin Tops $61K Before Powell's Jackson Hole Speech as Ether ETFs Face Record Outflows
Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.
Aave Token Has Beaten the Market With a 45% Price Surge. Here's Why
AAVE has outperformed every other top 100 cryptocurrency by market value in the past four weeks.
Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues
BTC retreated gains from late Wednesday, leading to similar price action among majors.
Bitcoin's Uptrend Threatened by Looming 'Stochastics' Signal: Fairlead Strategies
The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies.
BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined.
Bitcoin Bear Trap? Goldman Says Wednesday's U.S. Jobs Report Is Likely to Overstate Weakness
On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls from April 2023 to March 2024.
Mt. Gox Moves $700M in Bitcoin, BTC Unmoved at $59K
According to Galaxy's Alex Thorn expects only 1,265 BTC, woth over $70 million, may be offloaded in the market.
U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession
The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.
