Susan Collins, president of the Boston Federal Reserve, used a May 7 appearance on Bloomberg’s “Big Take” podcast to deliver a message crypto investors probably didn’t want to hear: interest rates aren’t going anywhere. Collins pointed to energy shocks stemming from the Iran conflict as a major force keeping inflation stubbornly above the Fed’s 2% […]
XRP is showing signs of a potential short-term reversal after a key technical indicator flashed a fresh buy signal, raising expectations that bullish momentum could return following the token’s recent pullback. The latest signal, highlighted by cryptocurrency trading expert Ali Martinez in an X post on May 8, comes from the TD Sequential indicator, a […]
Phong Le, CEO of Strategy, one of the world’s largest institutional Bitcoin holders, announced a significant change in the company’s Bitcoin management strategy. Speaking in an exclusive interview with CNBC, Le stated that they have shifted from a “never sell” approach to an active management model that maximizes shareholder value. Phong Le stated that the […]
Renowned market analyst Benjamin Cowen, in his latest video, discussed US labor market data and its potential impact on the stock market and Bitcoin. Cowen stated that the labor market currently appears resilient, but investors should exercise caution during the summer months. Cowen stated that the latest data showed the unemployment rate remained stable at […]
As cryptocurrency markets conclude a volatile week, a notable warning has come from leading analytics firm Santiment. The optimism that has dominated the market following Bitcoin’s vượt qua the $82,000 mark is being interpreted as a “risk signal” in light of the data. Bitcoin surged to $82,800 this week, its best performance in three months. […]
Key takeaways: A weakening US dollar and higher government debt favor scarce assets, even as spot Bitcoin ETF outflows and low retail demand spark some concern. Traders expect Kevin Warsh to become Fed Chair, which could benefit Bitcoin. Bitcoin ($BTC) stagnated near $80,000 on Friday following a rejection at $82,500. Traders grew anxious after US-listed […]
US Central Command confirmed on May 8 that American forces disabled two empty Iranian-flagged oil tankers, the M/T Sea Star III and the M/T Sevda, as they attempted to breach a US naval blockade in the Gulf of Oman. The strike marks the most direct military confrontation between the US and Iran since the Strait […]
In brief Predictors on Myriad now favor Michael Saylor’s Bitcoin firm Strategy to offload some of its $BTC this year. Odds have ballooned to 82% this week as Saylor made comments about the firm selling $BTC to “inoculate the market.” The firm maintains a stash of more than 818,000 $BTC valued above $65 billion. Will […]
Crypto analyst Sherlock pointed to a notable price behavior in Bitcoin and major altcoins over the past 13 weeks. According to the analyst, after reaching a certain price level at 17:00 UTC (20:00 TSİ) every Wednesday, Bitcoin pulls back by at least 1 percent in the following 24 hours. According to data shared by Sherlock, […]
With XRP price trapped in a consolidation around $1.40 since early February, Finbold AI Agent – an advanced financial assistance tool – has made a bold prediction for this token. The Finbold AI Agent predicted a bearish near-term outlook for XRP price. On May 15, Finbold AI forecast a 1.68% decline for this token over […]