Cryptocurrency

The widely-tracked copper-to-gold ratio continues to slide in the wake of China’s stimulus announcements, offering negative cues to risk assets. BTC’s best years have been characterized by copper’s outperformance relative to gold. From the increasing probability of pro-crypto Republican candidate Donald Trump winning the upcoming U.S. presidential election to expectations for Fed rate cuts, bitcoin […]

Standard Chartered’s Election Day Forecast: BTC Set to Reach $73K Standard Chartered’s Global Head of Digital Assets Research, Geoff Kendrick, published a report last week outlining projected bitcoin price movements based on potential outcomes of the upcoming U.S. presidential election. The research provides detailed scenarios for how bitcoin could respond to different election results. “We use daily BTC vol […]

Bitcoin’s Rally to $69K: Glassnode’s Analysis on What’s Next for the Market The recent surge in bitcoin’s (BTC) spot price to $69,000 has brought relief to investors after months of stagnant trading, per data from the onchain market intelligence firm Glassnode. This uptick aligns with the cryptocurrency breaking through multiple technical thresholds, including the 200-day and 111-day moving averages, […]

Bitcoin BTC$67,777 is down just over 2% this week, but a positive sign is that the buyers have not allowed the price to sustain below $65,000. That started a recovery, pushing Bitcoin above $67,500 on Oct. 27. Kraken analysts believe that Bitcoin’s “trend should remain constructive” as long as Bitcoin stays above $66,500. However, not everyone is bullish on Bitcoin’s […]

Bitcoin could be worth $125,000 by the end of the year if the Republican Party dominates the United States Congress after the Nov. 5 elections, Standard Chartered Bank analyst Geoff Kendrick predicted. As speculation about the US elections and Bitcoin BTC$67,114 prices approaches a frenzy, Kendrick was bullish on the Republicans. Geoff Kendrick’s BTC price analysis. Source: […]

Bitcoin Set for Blast-off — It’s Time to Buy, Says Kiyosaki Robert Kiyosaki, author of Rich Dad Poor Dad, has once again voiced strong opinions on financial markets, predicting both dramatic downturns and potential investment opportunities for those prepared. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has […]

A rally in stocks faded as banks dragged down the broader market despite gains in tech shares. Bitcoin slumped after a news report that federal investigators are probing cryptocurrency firm Tether. The S&P 500 closed little changed after climbing almost 1%. Banks got hit as New York Community Bancorp tumbled 8.3% on a weaker outlook. […]

Microsoft shareholders are set to vote in December on whether the tech giant should publicly assess adding Bitcoin to its balance sheet, a filing with the United States securities regulator reveals. In the Oct. 24 filing, Microsoft disclosed that “Assessment of Investing in Bitcoin” is proposed to certain shareholders who will vote in a Dec. 10 meeting. […]

Bitcoin’s classification as a so-called Trump trade is starting to jar with wider shifts in global markets attributed in part to the possibility of the former president’s return to the White House. Bond yields and the dollar have jumped lately amid Republican nominee Donald Trump’s lead over Vice President Kamala Harris in prediction markets. On […]

Pennsylvania became the latest state to pass a bill establishing some regulatory clarity surrounding digital assets, continuing a trend where legislatures and governors across the country attempt to provide some rules of the road for the U.S. crypto industry, FOX Business has learned. The move comes amid continued confusion on the federal level over crypto […]