Bitcoin correlation with Nasdaq soars as CPI fears intensify
“Higher-than-expected inflation could trigger equity market volatility, potentially dragging Bitcoin lower,” Bitfinex’ head of derivatives told Cointelegraph.
“Higher-than-expected inflation could trigger equity market volatility, potentially dragging Bitcoin lower,” Bitfinex’ head of derivatives told Cointelegraph.
ETF data from Jan. 15 reveals a strong rebound for bitcoin ETFs after four days of successive outflows, with ether ETFs also seeing another day of inflows. Bitcoin ETFs Back in the Green After Consecutive Losses Bitcoin exchange-traded funds (ETFs) experienced a series of outflows over four days, with $1.22 billion exiting the 12 U.S. … Read more
Binance has been ranked as the top crypto exchange with 53% of people using it. The 2024 Crypto Survey confirmed that Coinbase and Kraken are used by part-time traders. Bitcoin, Ethereum, and L2 projects are the most popular investment topics. Binance has been named the top global exchange for 2024. Coinbase took the top spot … Read more
The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders.
PRESS RELEASE. Solidus AI TECH is preparing to launch AgentForge, a groundbreaking platform designed to redefine how users interact with Web3. By harnessing the power of artificial intelligence, Agent Forge enables anyone — not just developers — to create customized, on-chain agents that automate tasks, enhance efficiency, and provide unparalleled access to decentralized tools. As Web3 evolves, tools like … Read more
The crypto market is gearing up for a potential breakthrough as Bitcoin briefly reclaims the $100,000 mark, fueled by inflation data and political dynamics. Investor sentiment is shifting, hinging on upcoming interest rate decisions that could drastically impact crypto valuations. According to COINOTAG, “The recent spike in Bitcoin’s price indicates a broader market optimism, which … Read more
Donald Trump is reportedly open to establishing a strategic reserve that would include US-founded cryptocurrencies and Bitcoin.
The skyrocketing U.S. government deficit has been a point of contention for years and grew back into electoral significance as President-Elect Donald Trump made a political alliance with Elon Musk to, in part, reduce inefficient spending. Looking at the numbers, the move might appear not only savvy but also urgent, as the data from the … Read more
Policymakers at the European Central Bank (ECB) agreed last month that interest rate cuts should be approached cautiously and gradually, but they also indicated that more policy easing was likely on the horizon, all according to the publication of the bank’s Accounts of the December 11–12 gathering. Highlights Regarding the inflation outlook, members were increasingly … Read more
XRP’s price is cruising around $3.26 to $3.30 over the last hour, reflecting an 18% gain over the past 24 hours. During this period, trading volume more than doubled to $25.67 billion, while market capitalization swelled to $187.28 billion. The cryptocurrency traded within an intraday range of $2.74 to $3.35, positioning itself just 4-6% shy … Read more