Tag: Cryptocurrency market

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Bitcoin Price Forecast: Will Record Rally Hit Roadblock at $90K-$100K Range?

As bitcoin's price continues to surge, there is a potential roadblock looming ahead as it approaches the $90,000 to $100,000 range. Market makers or dealers, responsible for providing liquidity in the order book, have...
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Bitcoin Mining Industry Sees 13% Production Increase in October

Bitcoin miners are not letting the increasing mining difficulty slow them down as they continue to increase their production levels. Despite the challenges posed by the rising difficulty, the top 11 Bitcoin mining companies...
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Ether Price Prediction: Will Ether Surpass $3K After Fed Rate Cut?

The Federal Reserve is expected to cut interest rates, which could benefit the price of Ether (ETH), the native token of the Ethereum blockchain. While Ether has seen a modest 23% increase in value...
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Federal Reserve Cuts Rates, Bitcoin Price Hits Record High Amid Powell’s Assurance on Policy

The U.S. Federal Reserve recently made a decision to reduce its benchmark fed funds rate by 25 basis points to 4.5%-4.75%, in line with expectations from the market. This move follows similar actions taken...
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Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts

Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
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Coinbase Premium Soars to Seven-Month High Amid Increased US Bitcoin Demand

The surge in Coinbase premium to a seven-month high indicates a growing demand for Bitcoin in the United States after Donald Trump's election win. The Coinbase Premium Index, which measures the price difference between...
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Tokenized Treasuries vs Stablecoins: JPMorgan’s Perspective on Blackrock’s BUIDL

JPMorgan recently released a research report stating that tokenized treasuries are unlikely to fully replace stablecoins in the crypto market. While it is possible that tokenized treasuries could eventually replace a significant portion of...
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Scroll’s SCR Token Market Cap Reaches $212M Amid Volatile Trading

Scroll's native governance token, SCR, made a splash in the market with a market cap of $212 million and a fully diluted value of $1.1 billion. Despite an initial trading price of $1.40, the...
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Debunking ‘Paper Bitcoin’ Myths: Insights from Brian Armstrong and ETF Experts

Rumors surrounding Coinbase and BlackRock were swiftly debunked by industry experts this past week, putting an end to speculation about potential market manipulation. The accusations stemmed from crypto analyst Tyler Durden, who alleged that...
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Analysis: Short-Term Holders Hold 2.5M BTC at Loss

Short-Term Holders Hold 2.5M BTC at LossRecently, it has been reported that short-term holders of Bitcoin are currently holding 2.5 million BTC at a loss. This news has sparked interest and concern among the...