Search
Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty
25.9.2024
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal...
How China’s Economic Slowdown Will Transform Global Trade, Expert Insights
23.9.2024
China’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how these internal economic challenges might prompt China to boost investments...
JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation
16.9.2024
JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods...
Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility
7.9.2024
In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day, with users discussing the likelihood of...
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
6.9.2024
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown....
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
4.9.2024
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance...
UBS Urges Caution Despite Positive US Economic Data
18.8.2024
UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially...
Bitcoin falls under $60K as investors' global economic slowdown concerns rise
14.8.2024
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin
Ex-Fed Advisor Suggests US Is Already in a Recession as Airbnb Cautions on Economic Slowdown
7.8.2024
On Tuesday, following a sharp downturn the day before, the top five U.S. benchmark indices made a recovery. However, Airbnb, the prominent vacation rental company, reported that it does not foresee a strong third quarter due to a slowdown in demand, driven by ongoing economic concerns. Meanwhile...
Crypto-Related Stocks Slide Amid Global Market Turmoil
5.8.2024
U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S. stock indices had fallen between 2.5% and 4.5%. This market turmoil has extended...
Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown
12.7.2024
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust...
Tether’s slowdown in supply points to cooling crypto activity
25.6.2024
As of June 24, Tether’s month-over-month supply has risen by less than 1.5%, down from over 5% in April and May
Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price Surge
23.6.2024
In the past week and a half, the crypto markets have shown a bearish trend, suggesting that the summer slowdown is underway. Many anticipate that bitcoin and the broader crypto economy might face a few uneventful weeks ahead. Onchain analyst Willy Woo believes there could be another one to four...
Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies
12.5.2024
Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face mounting pressures as pandemic savings dry up...
Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes
7.5.2024
Amid a cooling U.S. economy and potential Fed rate reductions, Bitcoin's price spikes to $64,000, highlighting its safe-haven appeal.
The post Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes appeared first on Cryptonews
Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein
29.4.2024
Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said
Is The Bitcoin Bull Run Losing Steam? Indicator Signals Potential Slowdown
10.4.2024
Bitcoin's on-chain momentum may be showing signs of a potential slowdown with the Value Days Destroyed (VDD) Multiple indicator surging above 4.0, leading to speculation among crypto traders about the end of the current bull run.
The post Is The Bitcoin Bull Run Losing Steam? Indicator Signals...
Grayscale’s Bitcoin Trust Sees Reduction Slowdown as New ETFs Gain Ground With Over 160,000 BTC Acquired
31.1.2024
In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at approximately $190.53 million, over the past day. Since Jan. 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an estimated $5.33...
Black Swan Looms in 2024, Expert Warns of Unprecedented Economic Upheaval and US Election Disruption
2.1.2024
The economic forecast for 2024 has undergone significant shifts, with lawmakers and the U.S. Federal Reserve anticipating a “soft landing” for the year. The prevailing belief is that while the economy will decelerate in 2024, the slowdown will be relatively mild. Nonetheless...
China’s Current Economic Challenges Echo Japan’s Past Economic Struggles
19.12.2023
Experts highlight the critical need for China to learn from Japan’s prolonged economic stagnation, emphasizing the urgency to transition from manufacturing and investment reliance to boosting domestic consumption. Similarities to Japan’s Lost Decades in China’s Current Economic Slowdown...