-
Musk's "Mars City" Concept Ignites Meme Coin Frenzy: TERMINUS Surges Over 10,000%
Musk's "Mars City" Concept Ignites Meme Coin Frenzy: TERMINUS Surges Over 10,000%On September 24th, the cryptocurrency market experienced a dramatic shift as the meme coin TERMINUS surged past $0.45, marking a new all-time high and a staggering 239% increase in 24 hours
-
Musk's X Platform May Adopt DOGE Payments: Can Dogecoin Reach $1 Again?
Musk's X Platform May Adopt DOGE Payments: Can Dogecoin Reach $1 Again? Dogecoin (DOGE) has been consolidating above the $0.091 support level recently
-
Is the US Investor "Withdrawal" a Good Sign After the Fed's Rate Hike Sends Bitcoin Soaring Past $64,000?
Is the US Investor "Withdrawal" a Good Sign After the Fed's Rate Hike Sends Bitcoin Soaring Past $64,000?While the Coinbase Bitcoin Premium Index recently turned negative, indicating a decline in US investor interest in Bitcoin, the cryptocurrency's price has continued to surge following the Fed's rate cut, even briefly surpassing $64,000, marking a new high for the month. This suggests that despite the muted performance of the US market, interest in cryptocurrencies remains strong globally, particularly fueled by powerful buying pressure from Binance
-
The Fed's Rate Decision Looms, Bitcoin Dives, Market Mood Cautious
The Fed's Rate Decision Looms, Bitcoin Dives, Market Mood CautiousWith anticipation running high, the Federal Reserve is set to announce its September interest rate decision at 2:00 AM Beijing time on Thursday. Ahead of the announcement, the market has displayed a cautious mood, with Bitcoin experiencing a dive, US equities trading mixed in the evening, and gold and silver also declining slightly
-
SEC Approves Nasdaq Listing of Options Contracts on iShares Bitcoin Trust ETF
SEC Approves Nasdaq Listing of Options Contracts on iShares Bitcoin Trust ETF The Securities and Exchange Commission (SEC) on Friday approved Nasdaq Inc.'s application to list options contracts related to the iShares Bitcoin Trust ETF
-
Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to Grow
Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to GrowAmerican online brokerage Robinhood (NASDAQ: HOOD) released its Q3 2021 earnings on October 27th. The report showed that Robinhood's total net revenue reached $365 million, a 35% year-over-year increase
-
Bitcoin and US stocks climb as expectations for Fed rate cut heat up
Bitcoin and US stocks climb as expectations for Fed rate cut heat upBitcoin (BTC) and US stocks were trending higher in early trading on Tuesday as Wall Street's expectations for a 50-basis-point rate cut from the Federal Reserve now stand at 63%. The size of the rate cut has been the focus of intense debate over the past week, as data has been mixed but has shown a clear indication that inflation continues to moderate toward the Fed's 2% target, while US consumers are showing resilience despite higher living costs
-
Musk's Tweet Shakes Crypto Market: Wild Volatility Rocks the Industry
Musk's Tweet Shakes Crypto Market: Wild Volatility Rocks the IndustryOn Friday, September 13th, the cryptocurrency market experienced a wild ride, with Bitcoin hovering around the $58,000 mark and Dogecoin retreating slightly after touching $0.1032
-
Fed Rate Cut and Upcoming Election Could Push Bitcoin to New Highs
Fed Rate Cut and Upcoming Election Could Push Bitcoin to New HighsHedge fund manager Anthony Scaramucci predicts that Bitcoin will hit new highs, driven by a combination of a Fed rate cut and clear US cryptocurrency regulations after the November presidential election."We are going to see legislation in the first part of the next U
-
Ethereums Dilemma: Can a Narrative Revolution Reignite Developer and Investor Enthusiasm?
Ethereums Dilemma: Can a Narrative Revolution Reignite Developer and Investor Enthusiasm?The cryptocurrency market is currently in a state of doldrums, with price action driven primarily by supply and demand factors rather than fundamentals. Ethereum (ETH) has significantly underperformed other major cryptocurrencies, with many analysts attributing the underperformance to declining Ethereum revenues post-the Cancun upgrade and the token's inflationary dynamics
-
Could Bitcoin Volatility Tip the Scales in the US Presidential Debate?
Could Bitcoin Volatility Tip the Scales in the US Presidential Debate?At 9:00 AM this morning, US presidential candidates Harris and Trump will face off in their first debate on ABC News. Institutional analysts believe investors can look to Bitcoin's movement during the debate for clues on who might be gaining the upper hand
-
Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull Run
Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull RunHolding Bitcoin could be the latest example of a "Trump trade," potentially yielding massive returns if the former US President returns to the White House. A Bernstein analyst noted in a report on Monday that Trump's recent enthusiasm for the cryptocurrency industry suggests a potential Trump administration would be more favorable toward digital assets compared to the Harris administration