Gold slides as DXY cleared 110.00 for the first time since November 2023. Traders trimmed Fed rate cut odds, after US jobs data, CPI eyed. XAU/USD sellers eye $2,650 and 100-day SMA near $2,630. Gold price retreats during the North American session as traders seeking safety bought the Greenback as United States (US) Treasury bond … Read more
The fourth quarter saw the largest jump in institutional crypto OTC trading, as Donald Trump’s US election win fueled crypto spot trading to 2024 highs, said Finery Markets.
Bitcoin’s (BTC) adoption is outpacing the transformative technologies of the past, including the internet and mobile phones, according to a recent report by BlackRock. The document highlighted that since its launch in 2009, Bitcoin has quickly evolved from a niche innovation to a globally recognized asset. It attributed the evolution to demographic trends, economic shifts, and … Read more
QCP Capital’s latest analysis provides a snapshot of a crypto market attempting to stabilize amidst significant macroeconomic turbulence. QCP Capital Highlights Macro Pressure on Bitcoin’s Inflation Hedge Role On Monday, the firm’s market observations highlight the resilience of key cryptocurrency levels while noting potential challenges ahead. QCP Capital noted that the U.S. labor market’s strong … Read more
As we enter January 2025, Dogecoin (DOGE) is once more piquing the interest of investors and crypto aficionados. With a market capitalization of more than $50 billion, this meme-inspired coin—which is presently trading at around $0.34—has grown to be a key participant in the cryptocurrency market. Given recent price swings, many are guessing about the … Read more
In a latest development, Tether and its subsidiaries are finalizing plans to relocate to El Salvador after securing a Digital Asset Service Provider (DASP) license and becoming a stablecoin issuer. Notably, this license allows the company to operate legally as a stablecoin issuer and digital asset service provider in the country. The move follows Bitfinex Derivatives, … Read more
UNH stock rises most in two months on CMS payment change. Medicare Advantage payments are set to rise 4.33% on average in 2026. UnitedHealth managed 29%, the largest share, of Medicare Advantage plans last year. UNH stock rises above 200-day moving average for the first time in a month. UnitedHealth Group (UNH) stock moved … Read more
According to the latest development, cryptocurrency exchange Coinbase announced that it will list the Peanut the Squirrel (PNUT) token, which has become one of the most talked about memecoins of recent times due to the influence of Elon Musk. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics … Read more
The comments were part of a speech on Friday titled “Charting a New Course.” Did the FDIC Just Confess to Crypto Debanking? Federal Depositary Insurance Corporation (FDIC) Vice Chairman Travis Hill delivered a speech on Friday condemning the agency’s “Choke Point-like tactics” and urging the organization to take “a new approach to digital assets.” Hill’s … Read more
This strategic accumulation reflects growing confidence in these digital assets – each one for its own set of reasons. Notably, PlutoChain ($PLUTO), the first hybrid Layer-2 solution for Bitcoin, could gain significant attention. By enabling smart contracts and decentralized applications on the Bitcoin network, PlutoChain could bridge Ethereum-like functionality with Bitcoin’s security, potentially revolutionizing the … Read more