Bitcoin (BTC) inched toward $86,000 while XRP jumped 10% to lead gains among majors as crypto markets staged a broader recovery in the past 24 hours. BTC rose in early Asian hours on Thursday following the Wednesday Federal Open Market Committee (FOMC) meeting, where the Fed kept rates intact but lowered growth outlooks until 2027.…
Bitcoin (BTC) punters are looking at topside options bets in a bullish shift in price expectations after the Federal Reserve’s (Fed) meeting, but ether (ETH) continues to lag sentiment. As of writing, BTC’s short-term and long-term risk reversals, which show the implied volatility premium (demand) for bullish bets or calls versus puts, were positive, implying…
Following Wednesday’s FOMC meeting, the Bitcoin price surged by over 3.1%. This was despite the fact that the Federal Reserve kept the rates unchanged at 4.5%. However, according to Arthur Hayes, the rate cut may be coming in April, which could lead to BTC price rallying. The news comes after the recent tweet by Arthur…
BlackRock’s head of digital assets, Robbie Mitchnick, says that Bitcoin will most likely thrive in a recessionary macro environment, contrary to what some analysts may think. “I don’t know if we’ll have a recession or not, but a recession would be a big catalyst for Bitcoin,” Mitchnick said in a March 19 interview with Yahoo…
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Can we expect a massive accumulation of Bitcoin during the presidency of US President Donald Trump? If we base it on the recent statements of Bo Hines, Trump’s pick to head its Digital Assets section, the industry will soon see an aggressive investment strategy from the US government. Hines shared the department’s plan during a…
Bitcoin price rose 4% to hit a 10-day peak of $85,900 on Wednesday as the Federal Reserve’s rate pause decision aligned with market expectations. IntoTheBlock’s on-chain chart shows that BTC large transactions increased by $13 billion since the start of the week. Bitcoin ETFs saw over $500 million inflows in the three days leading up…
Bitcoin surged past $86,800 on Wednesday, climbing nearly 5% as investors responded to signals of looser financial conditions from the Federal Reserve and growing expectations of a liquidity-driven rally. The Fed announced that it would slow the pace of reducing its $6.8 trillion balance sheet, capping the runoff of Treasury securities at $5 billion per…
Bitcoin’s long-term holders have resumed accumulation in what is a notable shift in investor sentiment despite the turbulence that has gripped the market in recent weeks. Particularly, data from on-chain analytics platform Glassnode shows that the “BTC: Long-term holder net position change” metric has flipped positive for the first time this year. This suggests that…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Xapo Bank announced a new loan service that lets customers use their Bitcoin as collateral, marking another step in cryptocurrency’s move toward mainstream financial services. The service allows qualified members to borrow up to $1 million against their Bitcoin holdings, though UK…