Singapore-based QCP Capital warns of volatility amid bitcoin’s rally to record highs, as market analysts note key upcoming events could impact the bullish trend. Bitcoin Hits New Highs but Market Remains Balanced QCP Capital reported that bitcoin (BTC) reached fresh highs, but noted that overall market volatility has remained muted. This relative stability is attributed […]
Bitcoin Surges Past $80,000 Amid Trump Victory Excitement
On Sunday, Nov. 10, at 06:58 a.m. EST, Bitcoin soared past $ 80,000, fueled by enthusiasm over Donald Trump’s electoral win. As of writing, the top cryptocurrency’s rally continues, with the predicted $ 100,000 possible by inauguration seemingly in range. With this jump, Bitcoin chalked up a gain of nearly 4% in just …
PolitiFi Tokens Soar Amid Trump Victory as FreeDum Fighters ICO Nears $450K Milestone
Donald Trump has secured victory in the US election and the crypto market is pumping, with Bitcoin recording a new all time high and political tokens soaring. One of biggest beneficiaries is FreeDum Fighters (DUM) – an ICO project closing in on the $ 450,000 mark as traders pile in for discounted tokens. PolitiFi …
Analysts Double Down on $200K Bitcoin Amid Trump-Harris Election Clash
Bitcoin’s rise appears unstoppable, with Bernstein projecting a $ 200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election. Bernstein’s $ 200K Bitcoin Target Faces a Trump-Harris Showdown Analysts at Bernstein, a major global research and investment management firm, have reiterated their long-term forecast for bitcoin, projecting a price …
Nigeria Unveils Amnesty Program to Recover Illegally Held Dollars Amid Forex Crisis
The Nigerian government has announced a nine-month program allowing individuals to deposit U.S. dollars held outside the formal banking system without facing penalties or scrutiny. Finance Minister Wale Edun said his ministry will first issue guidelines for the program, followed promptly by additional guidelines from the Central Bank of Nigeria. Participating individuals will need to […]
Pound Sterling Suffers Biggest Drop in 18 Months Amid Reeves’ Tax-and-Spend Storm
Following the latest budget reveal, the pound sterling has taken a sharp tumble, fueled by mounting worries about the U.K.’s fiscal outlook. Chancellor Rachel Reeves’ decision to pump £70 billion into government spending—funded through additional borrowing—has stirred up significant unease among investors. They’re concerned this move could lead to higher inflation and escalating interest rates. […]
Dydx CEO Announces Layoffs of 35% of Core Team Amid Strategic Shift
Dydx, the decentralized finance platform, has announced a significant restructuring, with CEO Antonio Juliano revealing the difficult decision to lay off 35% of its core team as part of a strategic shift to align with the company’s evolving goals. In a heartfelt blog post, Juliano acknowledged the dedication and contributions of the departing team members […]
UAE and Saudi Arabia Deepen Ties With Russia Amid Global Shifts
The United Arab Emirates (UAE) and Saudi Arabia are bolstering strategic ties with Russia, with the UAE seeking a partnership and Saudi Arabia enhancing diplomatic collaboration for regional stability. UAE and Saudi Arabia Strengthen Strategic Ties with Russia During a meeting in Dubai, UAE President Sheikh Mohamed bin Zayed Al Nahyan emphasized his intent to […]
Bitcoin Surpasses $72K Amid Surge in Global Trade Volume
On Tuesday, bitcoin cracked past the $ 72K mark, inching closer to its all-time high in U.S. dollar terms. Bitcoin Price Rally Nears Peak, Traders See Liquidations in Millions Hitting an intraday high of $ 72,827, bitcoin surged 5.5% over the past 24 hours. As of 12:15 p.m. EDT, BTC is holding steady …
Ethereum Technical Analysis: ETH Stabilizes Amid Key Resistance
Ethereum’s price found stability within a narrow range, moving between $ 2,470 and $ 2,537 over the past day, as both oscillators and moving averages reflect neutral-to-bearish signals, indicating a pause in its short-term momentum. Ethereum The daily chart shows ethereum’s (ETH) recent trend of lower highs and lows, hinting at a bearish …
Bitcoin Drops Amid Market Chatter—A Familiar Pattern From the Past—Here’s What We Know
Bitcoin’s price danced through a roller-coaster ride on Friday, hitting an intraday high of $ 68,700 before plunging to a 24 hour low of $ 65,853. Speculation Unsettles Bitcoin Market – Are We in for More? The dip came right after the Wall Street Journal published claims that Tether was allegedly facing a …
Bitcoin Bull Michael Saylor Clarifies Stance on Self-Custody Amid Backlash
Following the backlash from his earlier comments regarding custody providers and self-custody, Michael Saylor turned to X to clarify that he does not oppose self-custody. During an earlier interview, Saylor had minimized the role of self-custody, stating, “I think that when the bitcoin is held by a bunch of crypto-anarchists who aren’t regulated entities who […]
Coinshares Opens New York Office Amid Ambitious US Expansion Plans
Coinshares International has opened an office in New York City, marking a key step in its strategy to expand in the United States. The company aims to bolster its presence in the U.S. financial market through this move and recent acquisitions. Coinshares’ New Office Signals Major U.S. Push According to the announcement, the New York […]
Tesla CEO Elon Musk Highlights XRP and Crypto Potential Amid Regulatory Heat
Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual freedom and countering centralized control. His comments were well-received by XRP supporters, highlighting the growing importance of crypto in shaping future financial […]
Gold Surges to Record High Amid Safe-Haven Demand
Gold prices surged to a new record high of $ 2,729.30 per ounce on October 21, bringing their gains for 2024 to over 30%. The commodity’s latest increase is attributed to increased safe-haven demand amid escalating tensions in the Middle East and the closely contested U.S. election. This sentiment also fueled a rise in …