Can Tariff Changes Increase Trust in the Crypto Market?
A recent decision by President Donald Trump to suspend import tariffs on Canada and Mexico for a month has sent positive ripples through the cryptocurrency sector. The announcement triggered a swift recovery in digital currency values, with major players such as Bitcoin, Ethereum, and Ripple all showing notable gains. This surge has been
Crypto Markets Crash as U.S. Tariffs Trigger $2.2B Liquidations
The crypto markets suffered a severe downturn as a new wave of U.S. tariffs on Canada and Mexico sparked concerns of a global trade war. XRP, Dogecoin (DOGE), and Cardano (ADA) led the slump, each plunging over 25% and reversing all gains made since December. With market sentiment turning risk-averse,
Bitcoin Dominance Nears 62% as Altcoins Struggle – Highest Since 2021
Bitcoin’s market dominance has surged to nearly 62%, its highest level since February 2021. This shift signals a challenging period for altcoins, with many investors focusing on BTC amid uncertain macroeconomic conditions. Bitcoin Market Dominance Hits 62% As of February 3, Bitcoin’s dominance has climbed to 62%, reinforcing its position
Bitcoin’s February Momentum Tied to US Labour Market Data
Bitcoin’s price trajectory for February is set to be influenced by a crucial US labour market report, with analysts closely watching its potential impact on investor sentiment and Federal Reserve policy expectations. Labour Market Data to Shape Bitcoin’s Performance The US Bureau of Labour Statistics is scheduled to release its
Bitcoin Retail Investors Offload $625M to Binance While Whales Hold Steady
Small-Scale Holders Take Profits as Major Investors Stay Put Retail Bitcoin investors have offloaded around 6,000 BTC to Binance this month, worth approximately $625 million at current prices. However, large-scale holders, or “whales,” have remained largely inactive, hinting at a divergence in market sentiment. Retail Investors Rush to Sell According
According to a poll, retail CBDCs do not adequately meet the needs of actual customers.
Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods,
The CEO of Ripple advocates for a U.S. cryptocurrency reserve that encompasses more than just Bitcoin.
Brad Garlinghouse, the CEO of Ripple, recently shared his thoughts on the U.S. government’s plan to create a national digital asset reserve. He believes the reserve should include Bitcoin and other cryptocurrencies like Ripple’s XRP. This idea goes against the opinion of Bitcoin supporters who think Bitcoin should be the only
Bitcoin Reclaims $100,000 as Markets Rebound Amid DeepSeek Disruption
Bitcoin (BTC) surged back above $100,000 on January 27 as the cryptocurrency market shrugged off concerns triggered by a US stock market scare. The rebound followed a sharp drop in response to the launch of DeepSeek, a Chinese ChatGPT rival, which raised fears about US competitiveness in the artificial intelligence
Arthur Hayes, former CEO of BitMEX, Issues a Warning! “Bitcoin Could Fall to These Levels Before Resuming Its Rise!”
As Bitcoin (BTC) begins the new week in which the FED interest rate decision will be announced, it is wondered whether these declines will continue. At this point, former BitMEX CEO Arthur Hayes, whose predictions are closely followed, said that Bitcoin will continue to decline and may experience a sharp
How Will Markets React to $2.8B Crypto Options Expiring Today?
Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.94, which means that bulls and bears are evenly matched with similar numbers of long (call) and short (put) contracts expiring. Open interest, or the value or number of BTC options contracts yet to expire,
