Crypto Biz: Wall Street gets a taste of altseason
This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India, and more....
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Stock Markets Extends Record Highs, US Labor Market Recovers, Bitcoin Hits $100,000: This Week In The Markets
The U.S. stock market posted another week of strong performance, with major large-cap indices such as the S&P 500, the Dow Jones and the Nasdaq 100 extending their record highs. Technology and consumer discretionary sectors led the gains, driven by several mega-cap tech giants – Apple Inc. (NASDAQ:AMZN), Amazon.com...
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EigenLayer to upgrade restaking rewards
The upgrades are designed to bring greater flexibility to EigenLayer’s restaking ecosystem....
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Bitcoin Reclaims $101,000 — Traders Detail How To Keep ‘Life-Changing Money’
Bitcoin‘s (CRYPTO: BTC) reclaim of $100,000 has sparked a frenzy of bullish posts on social media, with seasoned traders highlighting how to keep a cool head in the midst of the bull market. What Happened: Experienced trader Ssaasquatch cautioned newcomers to tread carefully and avoid the pitfalls he faced...
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Bitcoin ‘Shake-Out’ Sents Price From $102K To $92K – Here’s Why
Bitcoin finally shattered the $100,000 barrier, reaching an all-time high of $103,600. The milestone marked a historic moment for cryptocurrency as investors and enthusiasts celebrated its journey to six figures. However, the euphoria was short-lived. Within hours, BTC experienced a sharp reversal, plunging to $92,000 in a dramatic sell-off...
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Tech Stocks Rise; Meta Rallies As Court Upholds Tiktok Ban; Bitcoin Roars Above $101,000: What’s Driving Markets Friday?
The S&P 500 and the Nasdaq 100 are set to log their third consecutive week of gains. The Nasdaq 100, in particular, is tracking its strongest weekly performance in a month, underscoring investor enthusiasm for tech stocks and the growing likelihood of lower interest rates. Meanwhile, the Dow Jones...
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Bitcoin to top $110K by Jan, $20B TRX hints at ‘altseason’ — Finance Redefined
Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January....
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Price analysis 12/6: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, TON, SHIB
Bitcoin price trades above $100,000 again, proving that every minor dip is being purchased....
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Bitcoin’s Flash Crash Is A ‘Classic Bull Market Shakeout,’ Says Trader: Watch These 3 Scenarios
Bitcoin’s (CRYPTO: BTC) flash crash from $103,000 to $91,000, an 11% drop, triggered significant liquidations and drew analysis from traders. What Happened: In a detailed post on X, crypto trader Cold Blooded Shiller called the move a “classic bull market shakeout” targeting late-positioned longs. Despite this, Bitcoin’s trajectory is...
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Cryptocurrency Market to grow by USD 34.5 Billion (2024-2028), driven by rising digital asset investments, with market evolution powered by AI – Technavio
NEW YORK, Dec. 6, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global cryptocurrency market size is estimated to grow by USD 34.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.64% during the forecast period. Rising...
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