-
Chinese Assets: Riding the Wave of the Global Financial Storm, Opportunities and Challenges Await
Chinese Assets: Riding the Wave of the Global Financial Storm, Opportunities and Challenges AwaitIn the global financial market, volatility is like the tide, surging at times, calm at others. A sudden financial storm swept across Wall Street, leaving many investors on edge
-
Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
-
Can Dogecoin [DOGE] Catch Up to Shiba Inu [SHIB]'s Rally? Q3 Support Level Could Be Key Resistance
Can Dogecoin [DOGE] Catch Up to Shiba Inu [SHIB]'s Rally? Q3 Support Level Could Be Key ResistanceDogecoin [DOGE] appears to be chasing the explosive rally led by Shiba Inu [SHIB] on Thursday. While SHIB topped the weekly chart with a 36% surge, DOGE only gained 15% during the same period
-
Bitcoin Briefly Rallies, But Is the Bear Market Looming?
Bitcoin Briefly Rallies, But Is the Bear Market Looming?Despite a surge in Bitcoin on Thursday, it was merely a brief rebound in an otherwise bleak year. While investors have a number of ostensibly positive developments from a fundamental standpoint, Bitcoins chart is showing a worrisome trend
-
Bitcoin's surge fuels a rally in US crypto stocks
Bitcoin's surge fuels a rally in US crypto stocksBitcoin broke through the $66,000 mark, hitting a new high since July 31st, rising over 1%. This ignited a surge in cryptocurrency-focused stocks on the US stock market
-
Dogecoin (DOGE) Stalls Before Key Resistance, Can Bulls Regain Upward Momentum?
Dogecoin (DOGE) Stalls Before Key Resistance, Can Bulls Regain Upward Momentum?Dogecoin (DOGE) recently stalled before the key resistance level of $0.1120, subsequently adjusting against the US dollar
-
Bitcoin Rallies Again: Can It Break Through the $65,050 Resistance?
Bitcoin Rallies Again: Can It Break Through the $65,050 Resistance?BTC/USD has consolidated above $63,500, with bulls pushing hard to break the $65,050 resistance. This would mark a formal end to the current downtrend and could be the first step towards new all-time highs, potentially signaling the top of a bullish flag pattern
-
Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward Wedge
Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward WedgeSince September 7, the total market capitalization of altcoins has surged by almost 18%, while Bitcoin dominance has also seen a decline. This development, coupled with the trend of the TOTAL2 indicator breaking out of a downward wedge, points towards the arrival of altcoin season
-
Bitcoin's Road to $80,000: A Long and Winding One: Demand Drops, Whales Dump, Can It Rekindle the Rally?
Bitcoin's Road to $80,000: A Long and Winding One: Demand Drops, Whales Dump, Can It Rekindle the Rally?Investors have been eagerly anticipating Bitcoin (BTC) to hit new all-time highs, but recent trends suggest this milestone may be further away than anticipated. While a wave of optimism has propelled the market upwards, shifts in macroeconomic trends and changes in the behavior of market participants have introduced new challenges
-
Bitcoin's Safe-Haven Appeal Returns: BlackRock's Bet, China's Gray Market Thrives, Turkey's Tax Flip-Flop Fuels Rally
Bitcoin's Safe-Haven Appeal Returns: BlackRock's Bet, China's Gray Market Thrives, Turkey's Tax Flip-Flop Fuels RallyRobbie Mitchnick, head of digital assets at BlackRock, recently reiterated Bitcoin's potential as a "safe-haven" asset, despite its tendency to track US equities. In a Bloomberg interview, he likened Bitcoin to gold, highlighting its decentralized nature and limited supply as key differentiators from traditional assets
-
Ethereum Network Activity Surges, ETH Rallies Strongly, Can It Break $3,000?
Ethereum Network Activity Surges, ETH Rallies Strongly, Can It Break $3,000?Ethereum network activity continues to increase, and ETH has not only demonstrated strong price action, but has also surpassed Bitcoin in key market data, showcasing robust growth momentum. With rising open interest and funding rates, the surging meme wealth effect on Ethereum, and clear signs of network growth, market demand for Ethereum is rapidly escalating
-
BlackRock: Calling Bitcoin a "risk-on" asset may be mischaracterized
BlackRock: Calling Bitcoin a "risk-on" asset may be mischaracterizedDespite Bitcoin's recent correlation with US stock prices, Robbie Mitchnick, Head of Digital Assets at BlackRock, argues that calling the cryptocurrency a "risk-on" asset might be a misnomer. Stocks, commodities, and high-yield bonds are typically considered risk-on assets because they generally perform well during periods of market optimism and economic expansion