Tag Archives: Bitcoin

Bitcoin hit another all-time high price mark on Wednesday as a increasingly favorable macro environment pushes traders to take more risk. And Ethereum might be following right behind. The leading cryptocurrency hit a new peak price of $122,882 on Wednesday afternoon, beating its previous July record of $122,838, CoinGecko data shows. Stocks also soared to close in on new highs as …

Bitcoin has mounted another attempt for a fresh all-time record climbing near $123,000, a four-week high during the Wednesday U.S. session. Two previous attempts, spiking to $122,300 on Monday and topping $123,000 on July 14, were met with heavy selling, knocking down prices intraday below $120,000 on both occasions. Ethereum’s ether (ETH) was also inching closer to its 2021 peak …

Key Takeaways The crypto market remains in a strong “greed” phase, with bullish sentiments pushing Bitcoin and Ethereum higher despite overbought signals.  Investor sentiment in the crypto market took a bullish turn recently. This, after the Crypto Fear & Greed Index peaked at 70 – A clear signal of heightened optimism. At the time of writing, it had eased to …

Key Takeaways Ethereum’s surge past $4,300 and declining Bitcoin dominance could signal a potential “flippening,” with experts predicting shifting momentum between Bitcoin and altcoins over the coming months.  Ethereum [ETH] surged past $4,300 while Bitcoin’s [BTC] dominance declined, fueling speculation that Ethereum could surpass Bitcoin in value within the next year. In fact, with strong technical indicators and growing institutional …

Key takeaways Binance’s steady 20%+ share of Bitcoin reserves is keeping it a dominant force in price discovery, increasing market fragility. Analysts warn that growing reliance on ETFs and treasuries introduces hidden structural risks. Binance may hold the lion’s share of Bitcoin [BTC] reserves, but does that kind of concentration come at a cost? With so much liquidity in one …

Bitcoin nears $122,000, ether hits 2021 high following Trump’s crypto 401k announcement  The Block Trump’s 401(k) order offers retirement savers crypto, private assets, but also higher fees and more risk  Reuters Trump 401k changes: What to know  NBC News DEMOCRATIZING ACCESS TO ALTERNATIVE ASSETS FOR 401(K) INVESTORS  The White House (.gov) Private Equity in Your 401(k). What Could Go Wrong?  The New York Times Source …

In brief Bitcoin has rebounded 4.5% since Saturday, nearing its mid-July record of $122,838. Derivatives data shows a jump in open interest, pointing to a surge in leveraged long bets. Traders are watching Tuesday’s CPI release for clues on potential Fed rate cuts. Bitcoin is expected to break its all-time high this month as a positive macroeconomic outlook continues to …

Key Takeaways El Salvador’s new Investment Banking Law allows regulated banks to hold Bitcoin and offer crypto services to accredited investors. With growing global interest, the country is positioning itself as a rising crypto finance hub. El Salvador’s Legislative Assembly is doubling down on its Bitcoin [BTC] bet. A newly approved Investment Banking Law will let regulated investment banks hold …

A Trump order opens 401(k) retirement plans to Bitcoin investments. Exchanges’ Bitcoin reserves have fallen to a seven-year low. Companies now hold nearly 5% of Bitcoin’s total supply in their treasuries. Retirement savers in the US will soon be able to passively invest in Bitcoin for their nest eggs. President Donald Trump on Thursday signed an executive order directing the …

In brief Trump has tapped Bitcoin-friendly economist Stephen Miran for a seat on the Federal Reserve Board. Bitcoin jumped 2%, topping $117,500 as traders expect looser Fed policy under Miran. Still, one analyst warns the Fed’s credibility could erode, echoing 1970s inflation risks. Bitcoin has shaken off the prior week’s market jitters to regain a foothold near $117,500, following President …