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USDT Faces Downward Pressure as Investors Pivot to Stocks in China
10.10.2024
USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull...
UBS Maintains Optimism in Markets Amid Middle East Uncertainty
10.10.2024
Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession...
Bitcoin Trapped Between 50 and 200-Day Averages as Bond Market Volatility Spikes, China Stocks Slide
9.10.2024
The MOVE index, which measures expected volatility in U.S. Treasury notes, spiked to the highest since January, hinting at tighter financial conditions ahead
Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In
8.10.2024
Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn't get the memo
Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens
8.10.2024
Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign...
BItcoin price faltered at $64K again — Here is why
8.10.2024
Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty.
Bitcoin, Asian Equities May Be Losing Capital to China Stocks
7.10.2024
Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said
Bitcoin price recovery driven by growing US financial concerns
4.10.2024
Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US
Bitcoin tanks, gold rebounds as Israel vows Iran ‘will pay’ for attack
2.10.2024
The price of Bitcoin fell around $4,000 after Iran fired around 200 ballistic missiles at Israel, escalating the conflict in the Middle East.
Bitcoin price falls as global recession and AI bubble fears send investors scrambling
30.9.2024
Bitcoin's price correction is driven by a weakening global economy, conflict in the Middle East, and concerns over an AI bubble
3 signs that Bitcoin price is not ready to make a new all-time high
30.9.2024
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high
3 signs that Bitcoin price is not ready to make a new all-time high
30.9.2024
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high
3 signs that Bitcoin price is not ready to make a new all-time high
30.9.2024
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high
Meta’s stock surge boosts Zuckerberg’s net worth to $201B, ranks fourth globally
30.9.2024
Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world
Meta’s stock surge boosts Zuckerberg’s net worth to $201B, ranks fourth globally
30.9.2024
Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world
Zuckerberg becomes fourth-wealthiest person following shift to Meta
30.9.2024
Tech giant Meta's current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world
MicroStrategy S&P 500 listing ‘probably not’ coming despite stellar performance
27.9.2024
Inclusion could boost the industry. “Anyone that owns an S&P 500 Index fund will own Bitcoin once MSTR makes it into the index.”
Bitcoin rallied above $65K, but will BTC price hold this level?
26.9.2024
Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally?
Cryptocurrency and Stocks Show High Correlation Levels as Macroeconomics Start Driving Markets
25.9.2024
A Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement would be the result of the macroeconomic variables taking control of the markets and should...
Turkey Shelves Additional Plans to Tax Stocks and Crypto: Bloomberg
24.9.2024
We don’t have a stocks tax on our agenda. It was discussed previously and fell from our agenda, Vice President Cevdet Yilmaz told Bloomberg, talking about plans that also affect crypto