Markets
Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut
Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.
Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention
The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.
Chart Veteran Who Predicted Bitcoin’s 2018 Collapse Says the Bull Market May Be Over
Brandt's latest view is based on a statistics concept called "exponential decay."
Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.
The Key to Reviving Bitcoin Bull Run Is the U.S. Treasury’s Refunding Announcement
Risk assets will likely rally if the TGA estimate is maintained at or lowered from the current $750 billion, one observer said.
Stablecoins, U.S. Government Debt More Important Than Bitcoin ETF Inflows, Crypto Analysts Says
Potential de-inversion of the U.S. Treasury yield curve could weigh over the crypto market, one observer said.
Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally
Some banks, however, foresee a continued dollar strength on the back of divergent interest rate expectations and the threat of U.S. tariffs.
Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters
The 200-day simple moving average is one of the most widely tracked indicators of bitcoin's long-term trend.
Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates
The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.
