Bitcoin Caught Up in a Macro-Driven Sell-Off, May Fall Further: Standard Chartered
There is a danger that forced or panic selling could lead to further bitcoin weakness and a break below $90K could lead to a 10% retracement, the report said.
Markets
Dogecoin, XRP Lead Crypto Rebound, Bitcoin Tops $96K as Traders Await Key Inflation Data
The selloff in stocks and cryptocurrencies could mean Donald Trump’s inauguration will less likely be a sell the news event, K33 Research said.
Spot Bitcoin ETFs Exceeded Expectations in 2024, but Just Wait for 2025
Gary Gensler has described crypto as the Wild West and one observer said markets are likely to see just that under new leadership in D.C.
Options Tied to BlackRock’s Bitcoin ETF Surge to Nearly 50% of Deribit’s BTC Open Interest in Two Months
Options linked to BlackRock’s spot bitcoin ETF (IBIT) began trading on Nov. 19 and have since grown to half the size of Deribit’s BTC options market.
Global Investment Giant Capital Group Reaches 5% Stake in Bitcoin Holder Metaplanet
Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor.
Why High Net-Worth Investors Are Super Bullish on Bitcoin Right Now
The difference in outlook between traders and high net-worth individuals has never been greater, according to David Siemer, CEO of Wave Digital Assets.
Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off
An unexpected change in the redemption mechanism of the protocol’s yield-generating token caught investors off-guard, throwing the DeFi community into disarray.
U.S. Added 256K Jobs in December, Blowing Past 160K Estimate
Crypto markets have fallen sharply over the past few days as stronger than expected economic data sent interest rates surging and called into question the idea that the Fed will continue easing monetary policy.
Bitcoin Heads to $90K as Crypto Selloff Gathers Steam
Strong economic data and a slumping bond market have called into question the idea of any rate cuts this year.
XRP Interest Jumps as Brad Garlinghouse Meets With Trump
The native token of the XRP Ledger rose more than 2% on Wednesday while most of the rest of the crypto sector saw steep losses.