Bitcoin FOMO is Back: $70K and Then New Record Highs in Sight, Says Analyst
A $10 billion surge in stablecoin minting over the past weeks has flooded the crypto market with liquidity, Thielen noted.
Bitcoin
Bitcoin Prices Show Positive 30-Day Correlation With China’s Central Bank Balance Sheet
“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.
First Mover Americas: Bitcoin Nears $66K After Monster ETF Day
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BlackRock Highlights Bitcoin’s Unique Properties as Approved IBIT Options Could Cement Risk-Off Status
BlackRock’s latest report shows that bitcoin has a very low correlation to U.S. equities on a trailing 6-month basis.
Bitcoin’s ‘Outside Day’ Sets Stage for $70K, Altcoins Break Out: Technical Analysis
Thursday’s bullish trading range marks an end of the recent consolidation and a resumption of the rebound from lows under $53,000.
SEC’s Gensler Won’t Reveal His View on Trump’s Bitcoin Reserve, Reiterates Bitcoin Isn’t a Security
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is “not a security” but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.
Bitcoin Holds Above $64K as China Stimulus Sends Conflux’s CFX, Dog Memes Running High
Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,
Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs
Bitcoin is back to levels not seen in nearly two months as it pushed past the $65,000 mark during U.S. late morning hours on Thursday.
Bitcoin Jumps Over $64K on China Stimulus; IBIT Options Could Provide Longer-Term Boost
Powell is expected to speak at 13:30 UTC at the US Treasury Market Conference amid mounting expectations for another U.S. interest rate cut this year.
First Mover Americas: Bitcoin Regains $64K as ETF Flow Trends Flip Positive
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.