BTC-Spot ETF Market Offers No ComfortBTC was heading for a second consecutive weekly loss. From Monday (April 8 to Saturday (April 13), BTC was down 2.95% to $67,374. A Friday (April 12) sell-off dragged BTC into negative territory for the current week.BT...
6 months agoBitcoin Halving Leaves the Block Subsidy at 3.125 BTCOn Saturday morning (April 20, UTC), the heavily anticipated Bitcoin Halving occurred at block height 840,000. As a result of the halving, the block subsidy declined to 3.125 BTC.The next Bitcoin Halvin...
5 months agoUS Economic Data Signals a Soft LandingIt was a pivotal week for the markets, with US economic indicators calming fears of a hard US economic landing.In the first half of the week, US inflation figures supported expectations of multiple 2024 Fed rate cuts...
1 month agoFed Chair Powell Signals September Rate CutIt was a crucial week for the global markets, with the Fed under the spotlight at the Jackson Hole Symposium.On Friday, August 23, Fed Chair Powell indicated the time for policy adjustment had arrived. While Powe...
1 month agoFed Rate Path Uncertainty Triggers Crypto Market Cap DropThis week, the global markets focused on the US economy. Fears of a US hard economic landing subsided. Key economic indicators included:CB Consumer Confidence Index increased from 101.9 in July to 1...
1 month agoUS Economic Indicators Fuel Fed Rate Cut Speculation, Pressuring CryptosUS economic indicators fueled investor bets on a 25-basis point Fed rate cut in the week ending September 6. US labor market data and a resilient Services PMI lowered expectations of...
1 month agoUS Economic Indicators Boost Speculation on a 50-Basis Point September Fed Rate CutInvestors raised expectations of a 50-basis point September Fed rate cut, fueling crypto demand.CPI Report: Annual inflation rate fell from 2.9% in July to 2.5% in August,...
1 month agoThe Fed and US Economic Indicators Fuel Crypto RallyThis week, the US Federal Reserve and US labor market data drove buyer demand for riskier assets, including crypto.On Wednesday, the Fed cut interest rates by 50 basis points, while the FOMC Economic Pro...
3 weeks agoUS Economic Indicators Signal Soft Landing and 50-Basis Point CutThis week, US economic indicators boosted expectations of a soft US economic landing. Key indicators included:S&P Global Services PMI: Slipped from 55.7 in August to 55.4 in September, h...
2 weeks agoUS Economic Data, the Fed Rate Path, and the Middle EastUS labor market and services sector data eased fears of a hard US economic landing. The stats also sank bets on a 50-basis point November Fed rate cut while raising the possibility of a November rate...
1 week ago