Markets

Markets

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Markets Today: Holding Steady for Powell

Bitcoin held a crucial support level amid cautious market positioning ahead of Powell's Jackson Hole speech.

"Wait here" marked on the ground. (Gerhard Reus/Unsplash)

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What Next for ETH, XRP, SOL as Bitcoin Stalls at $113K, ETF Outflows Mount

Crypto markets remain on the defensive as investors weigh macro pressures, rising ETF outflows and Powell’s upcoming remarks at Jackson Hole.

A man looks a chart on his laptop.

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Harvard Professor Who Predicted Bitcoin Crash to $100 Says Regulators Were Too Lax

Kenneth Rogoff reflects that he underestimated BTC's role in the underground economy, which has put a floor under the cryptocurrency's price.

Screenshot of Professor Rogoff (CNBC)

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Shiba Inu Bulls Defend Dual Support With 1T Volume. What Next?

SHIB's price range saw a 5% spread, with trading volume surging past 1 trillion tokens.

"SHIB Surges 5% on Institutional Buying, Breaking Key $0.000012600 Resistance"

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Insiders Cash In Millions as Ye, Formerly Kanye West, 'Apparently' Issues YZY Token

The apparent celebrity-backed token surged thousands of percent at launch, but on-chain data points to concentrated control, insider trades and a liquidity design that leaves retail investors exposed.

Kanye West (Edward Berthelot/Getty Images)

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BTC Traders’ 6-Month Outlook Turns Most Bearish Since June 2023 as Momentum Worsens

The 180-day call-put skew on Deribit is now most negative in over two years.

Bear sign (CoinDesk Archives)

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Bitcoin's Unimpressive Bounce Fails to Diminish Downside Risk; Support Around $112K

Bitcoin bulls are struggling to establish a low around $113,000, with weak price and volume performance.

BTC's unimpressive bounce. (TheDigitalArtist/Pixabay)

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Markets Today: Bitcoin, Ether Recover From Lows Before FOMC Minutes

U.S. stock index futures slipped and Japanese bond yields rose as risk aversion crept into markets.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

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Japan's 10-year Bond Yield Hits Highest Since 2008 in Potential Ill Omen for Risk Assets

The hardening of the yield follows a dismal bond auction that saw below-average demand for 20-year government debt.

Corner of a plaque showing a map of the Bank of Japan.