The Atlanta Fed’s GDP model projects a -1.5% contraction in U.S. Q1 2025 GDP, raising concerns about stock market volatility, bitcoin’s near-term stability, and the Federal Reserve’s rate-cut calculus amid a widening trade deficit and cooling consumer spending. GDP Downgrade Sparks Uncertainty: Stocks, Bitcoin Vulnerable as Fed Watches Data Gross domestic product (GDP), the broadest … Read more
This week, Bitcoin ETFs faced unprecedented outflows of $2.7 billion, signaling potential shifts towards a bear market and heightened investor anxiety. Major corporate Bitcoin holders, including Strategy and Metaplanet, have seen their stock prices drop by over 50%, amplifying market fears. Forecasts indicate a predicted 1.5% shrink in US GDP for Q1 2025, further complicating … Read more
As the financial landscape shifts in response to recent economic developments, Bitcoin faces increasing headwinds while traders look towards potential monetary easing. Market analysts are closely monitoring the interplay between rising government debt and investor sentiment, with implications that may affect both traditional assets and cryptocurrencies. Chris Rupkey, Chief Economist at FWDBonds, warns that ongoing … Read more
Bitcoin price bounced back and moved above the key resistance level of $84,000 after tumbling to a multi-month low of $78,200 on Friday. Bitcoin’s (BTC) rebound coincided with a recovery in U.S. equities, which pared back earlier losses. The Dow Jones index rose 165 points, while the Nasdaq 100 gained 80 points. A potential catalyst … Read more
According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s), marking a notable decline in miner profitability. Bitcoin Miners … Read more
Solana gained nearly 6% on Friday, rallying alongside Bitcoin, as the largest cryptocurrency regains $80,000 as support. However, the total value of assets locked in the Solana chain is down $5.26 billion from its peak, a nearly 50% drop. TVL represents demand and relevance for a chain, meaning Solana is negatively affected by the shifting … Read more
Miner Extractable Value. That phrase is essentially one of the biggest fundamental risk spaces that exist for blockchain based systems. The original conception of a blockchain included incentives for miners (or other consensus participants deciding transaction ordering) to earn revenue based on whatever initial block subsidy is entered into circulation each block in addition to … Read more
DTTM Operations, the company managing President Donald Trump’s intellectual property rights, has submitted a trademark application to the US Patent and Trademark Office (USPTO) today. The filing has already been accepted and is awaiting an examiner. According to the document, the Trump metaverse will host an array of NFT-based digital collectibles, like images, sound files, … Read more
The Bitcoin sell-off, which dominated a majority of the weak, appears to be easing off, with BTC price making a recovery back in the $80,000 range to reach an intra-day high at $85,120. Some traders believe that Bitcoin (BTC) was overdue for a bounce, given how deeply oversold some of its technical indicators had become. … Read more
Shocking Crypto ETF Outflows Reach $2.6B: Is Selling Pressure Finally Easing? – BitcoinWorld Skip to content Home News Crypto News Shocking Crypto ETF Outflows Reach $2.6B: Is Selling Pressure Finally Easing? Source: https://bitcoinworld.co.in/crypto-etf-outflows-selling-pressure/