Tag: Financial markets
Bitcoin Price Drops to $57k Amid Market Decline and Recession Concerns
Bitcoin's price has dropped to $57,040 as the market experiences a decline fueled by concerns of a global recession and escalating tensions in the...
Bitcoin’s Correlation with Gold Strengthening During Economic Downturns
During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged...
Polymarket Hits $1B in Bet Trading Volume During US Election Betting Surge
Polymarket, a popular crypto betting platform, has reached a major milestone by surpassing $1 billion in trading volume. This achievement has been fueled by...
Ether ETFs Experience $340 Million Outflows in Debut Week
Ether exchange-traded funds (ETFs) had a rough start in their debut week, experiencing $340 million in outflows as investors pulled their money out of...
Investing in Crypto-AI: A Lucrative Opportunity for Investors
The fusion of crypto and AI is expected to contribute $20 trillion to the global economy by 2030, attracting substantial venture capital interest. The...
Bitcoin’s Potential: 7% of Global Wealth, Price Surge to $13M in 21 Years
Michael Saylor, the executive chairman of MicroStrategy, continues to show his strong belief in Bitcoin (BTC) during the Bitcoin 2024 conference in Nashville. Saylor...
Jersey City Mayor Invests Pension Fund in Bitcoin ETFs – CoinJournal Report
Jersey City Mayor Steven Fulop has announced his plans to invest a portion of the city's pension fund into Bitcoin ETFs. This move, according...
US GDP Growth Exceeds Expectations at 2.8% Despite Bitcoin Price Drop
The recent economic data in the US has surprised experts with a growth rate of 2.8% for the second quarter, exceeding expectations. This positive...
Kamala Harris’ Impact on Crypto in the 2020 Election: Analysis and Implications
Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he...
Bitcoin and Ethereum ETFs: $1 Billion Inflows Signal Growing Interest
Bitcoin and Ethereum ETFs have been gaining significant attention in the investment world, with nearly $1 billion in inflows recorded since Friday. This surge...