Tag: Financial market trends
Bitcoin Price Analysis: How Deleveraging Stalled Its Surge Past $100k
Bitcoin's rally towards reaching $100,000 was abruptly halted by a significant deleveraging event that triggered a sharp correction in the market. The high leverage in derivative trading had fueled Bitcoin's surge to monumental highs,...
Stablecoin Market Cap Reaches All-Time High in Over 2 Years
The stablecoin market cap has reached an all-time high, surpassing the previous record set over two years ago. Tether's USDT remains the dominant force in the market, controlling over 50% of the market share...
Bitcoin ETFs to Surpass Gold ETFs in 2 Months
US-traded spot Bitcoin exchange-traded funds (ETFs) are rapidly gaining ground and are expected to surpass gold ETFs in terms of total assets under management (AUM) within the next two months. As of November 11,...
Evolution of Stakeholder Support in Future Bitcoin Upgrades: A Launch Timeline Analysis
Steve Lee, a product management and open-source development expert from Spiral, recently conducted an in-depth analysis of the evolving stakeholder support in future Bitcoin upgrades. His analysis sheds light on the delicate balance of...
Mastering the Trump Trade: Success Story of a Crypto Hedge Fund
Former President Donald Trump's landslide victory in the 2024 U.S. presidential election came as no surprise to Quinn Thompson, the founder of the crypto hedge fund Lekker Capital. Thompson had been vocal about his...
Ether Price Jumps 10% on DeFi Optimism After Trump Win
Ether's price surged by 10% in the last 24 hours, exceeding $2,800, while other cryptocurrencies saw profit-taking. This increase is attributed to optimism surrounding DeFi after Donald Trump's presidential victory. There are expectations of...
Trump Family-Backed Crypto Project: $1M ETH Gain After Token Sale
World Liberty Financial, a decentralized finance (DeFi) project supported by the Trump family, has seen a substantial $1 million increase in unrealized gains following a quiet token sale last month. The company had to...
Bitcoin ETPs Experience Record Inflows in Global Markets
Bitcoin ETPs are attracting record inflows in global markets, with investors worldwide rushing to gain exposure to exchange-traded products tied to the leading cryptocurrency. In the past seven days alone, bitcoin ETPs have witnessed...