Standard Chartered see bitcoin reaching $130,000 in the next two months as institutional inflows accelerate and market sentiment shifts.
Federal Reserve Chair Jerome Powell stated that banks are free to serve with crypto, provided they effectively manage the associated risks. During his speech following the Federal Open Market Committee (FOMC) meeting, Powell added: “The threshold has been a little higher for banks engaging in crypto activities, and that’s because they’re so new.” Despite this […]
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Bitcoin’s price traded flat on Wednesday afternoon after the Federal Reserve held interest rates steady at 4.25%-4.50%.
Monday’s DeepSeek sell-off, highlighted the contrast in bitcoin’s recovery compared to traditional risk assets like large-cap tech stocks.
The bitcoin futures basis has made a bearish move into negative territory for the first time in months, an analyst has said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
AI-related tokens experienced double-digit drops, amid a broader stock sell-off, as DeepSeek's new AI model led to market disruption.
Bitcoin falls below $100,000 as China’s DeepSeek AI model disrupts equities and market uncertainty mounts ahead of the FOMC meeting.
The double dose of news is a celebrated time for crypto but not with some reservations about what the U.S. will do next.
BoJ's latest rate hike triggered a muted response from markets, with bitcoin holding steady and U.S. equities near all-time highs.
President Donald Trump has signed an executive order aimed at strengthening U.S. leadership in the cryptocurrency and blockchain sector.
U.S. President Donald Trump addressed the World Economic Forum via livestream on Thursday morning.
Standard Chartered's Geoff Kendrick says institutional investor activity could dampen intensity of altcoin season.
Bitcoin has stabilized around $105,000 as analysts attribute some of the market calm to Trump's pro-crypto SEC and CFTC appointments.
Bitwise suggests bitcoin's "fair value" could be over $200,000, serving as portfolio insurance against rising risks of sovereign defaults.
A Bitwise analyst suggested the potential implementation of a Strategic Bitcoin Reserve is still not fully priced into the market.
Coinbase Prime has seen an increase in USD inflows, indicating a rise in OTC bitcoin trading by institutional investors.
A potential BoJ rate hike next week could trigger a yen carry trade unwind, disrupting global liquidity and impacting risk assets.
XRP futures open interest on major crypto derivatives exchanges has reached a record high, as the token surges over 16% in the past day.
Bitcoin briefly reclaimed the $100,000 mark, amid signs of cooling U.S. inflation and renewed optimism for risk assets.
Bitcoin (BTC) is currently under pressure from macro risks and any retracement below $90,000 presents a “medium-term” buying opportunity, according to Standard Chartered head of digital assets research Geoffrey Kendrick. In a Jan. 14 research note, Kendrick emphasized the value of strategic accumulation despite ongoing market turbulence. He added that the price falling below key […]
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Bitcoin (BTC) briefly lost the $90,000 level to hit $88,900 on Jan. 13 after falling nearly 7% amid the macroeconomic uncertainty gripping the markets, according to Bitfinex’s latest Alpha report. The report noted that the price drop coincides with a reversal in market sentiment. Spot Bitcoin exchange-traded funds (ETFs) experienced net outflows on 7 of the […]
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The Governor of the Czech National Bank (ČNB), Aleš Michl, said the central bank is considering allocating Bitcoin (BTC) to diversify its reserves during a Jan. 6 interview with CNN Prima News. Michl revealed this consideration by the ČNB while discussing the importance of diversifying the bank’s holdings among stocks, bonds, gold, and cash deposits. He […]
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BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes predicted that markets would potentially peak by mid-to-late March 2025, driven by an influx of dollar liquidity despite political and policy uncertainties. Hayes pointed to a net injection of $57 billion in liquidity through the first quarter, driven by shifts in Federal Reserve and US Treasury […]
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El Salvador plans to continue and potentially accelerate its purchases of Bitcoin (BTC) despite its recent deal with the International Monetary Fund (IMF), according to Stacy Herbert, the director of the country’s Bitcoin Office. Moreover, Herbert confirmed that Bitcoin would remain legal tender alongside the US dollar and that the government would continue adding to its […]
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Bitcoin (BTC) fell to a low of $100,300 following hawkish comments by Fed chair Jerome Powell during the Federal Open Market Committee’s (FOMC) Markets retreated lower despite the expected 25 basis point cut in the US interest rate, bringing the rate to the 4.5% to 4.75% range. Bitcoin was trading at $100,740 as of press time, […]
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The Financial Accounting Standards Board (FASB) has implemented its Fair Value accounting rule for crypto, effective Dec. 15, 2024. This update aims to address accounting and disclosure practices gaps for cryptocurrencies while enhancing transparency in financial reporting. Under the new rule, companies must measure their crypto holdings at fair value and update these valuations in […]
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Bitcoin (BTC) briefly surpassed the $101,000 threshold after a 3% surge in the hours following November’s Consumer Price Index (CPI) numbers, which came within the 2.7% expectations. The rally has fueled investor confidence, with a 98% probability now assigned to a 25 basis point rate cut by the Federal Reserve next week, potentially bringing the US […]
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Vancouver Mayor Ken Sim has unveiled a groundbreaking proposal to add Bitcoin (BTC) to the city’s financial reserves, citing its potential to protect purchasing power and diversify resources. The motion, which will be discussed by the council on Dec. 11, aims to position the city as a leader in digital asset adoption. The proposal, titled […]
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Japan is advancing a landmark economic stimulus package that includes a significant overhaul of current taxation rules for crypto, local media reported on Nov. 20. Prime Minister Shigeru Ishiba has pledged bipartisan cooperation to pass sweeping reforms aimed at easing the financial burden on crypto investors and strengthening the country’s position as a leader in […]
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