Key Takeaways:US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears.Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days.Whales are accumulating…
Bitcoin (BTC) was treading water just below $85,000 late Thursday as tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell added another layer of uncertainty for investors.Markets…
While it remains up in the air about whether the Federal Reserve will cut its benchmark lending rate by 25 or 50 basis points next week, it's a certainty the…
“Bitcoin selling pressure is unlikely to decrease in the coming days,” said Rachel Lin, founder at on-chain crypto exchange SynFutures, in an interview. “The German government still has over $2.3…
“Short-term Bitcoin holders are selling at basically zero profit and traders are depleting their unrealized profits in the last few months,” CryptoQuant analysts shared in a Thursday report. “Bitcoin balances…
“Bitcoin continues to tend to sell on growth, failing to make a fresh attack on the 200-day moving average,” FxPro senior market analyst Alex Kuptsikevich said in a note to…
For a long time, Solana has been associated with the founder of now-insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman-Fried. He was an early investor in the project…
At the margin, higher oil prices lead to higher prices at the pump, which lead to higher inflation readings and thus higher interest rates. To the extent that interest rate…
On its face, the retail sales report from the U.S. Census Bureau for June showed some weakness, with the headline number rising 0.2% last month versus forecasts for 0.5% and…
The upcoming Ethereum Shanghai hard fork is slated to occur in March 2023, and the upgrade will cap off the network’s move to proof-of-stake (PoS), which started during the Merge on Sept.…
