Aster popped over 10% on radical ‘buyback and burn’ upgrade. But gains were short-lived
ASTER sees two-way volatility as bullish protocol-specific news meets hawkish Fed.
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Bitcoin News
ASTER sees two-way volatility as bullish protocol-specific news meets hawkish Fed.
The bond market is sending a signal that complicates prospects of a near-term bitcoin bull run.
Bitcoin briefly slipped below its 200-week moving average twice in the past two weeks, a rare event that Kraken says has historically marked strong entry points for buyers.
Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with ‘doubts swirling’, investors have found ‘it easier to reach for something more tangible:’ stablecoins and tokenization.
Botanix’s shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programmable BTC, or just a better way to borrow, lend and earn yield on it?
Valuations shaped by M2 money supply growth paint reveal concerning trends for risk assets.
Strategy’s bitcoin-backed preferred stock remains well below par value as concerns over dividend coverage and stronger competition from Strive’s SATA.
The Bank of Japan raised its key interest rate by 25 basis points to 1%, the highest level since 1995.
Standard Chartered analyst Geoffrey Kendrick’s bullish call comes as spot bitcoin exchange-traded fund inflows return, oil prices fall and Coinbase’s CEO says bitcoin likely bottomed near $60,000.
Armstrong said his instinct is that bitcoin has probably found its floor, pointing to the four-year cycle that has historically marked lows.