Bitcoin ‘Trump hedge’ rally lacks macro conditions for all-time high
“Bitcoin is currently being used as a liquid proxy to hedge a Trump win,” which was previously seen as “underpriced,” according to an analyst.
Related Posts
Bitcoin hashrate hits all-time high, boosting network security
The increasing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms.
Texas’ gold-backed coin aims to help Bitcoin adoption, says lawmaker
The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day.
Jump Trading faces lawsuit over alleged $1.3B profit from TerraUSD
Jump Trading and its CEO Kanav Kariya are accused of violating United States regulations and unjust enrichment in the lawsuit. 225 Total views 6 Total shares A lawsuit filed in a district court in Illinois details Jump Trading's alleged involvement with Terra Labs in manipulating the price of algorithmic stablecoin TerraUSD (UST). According to court…
Milady NFT floor price surges after Elon Musk tweet
Floor prices for the anime profile picture collection hit a high of 7.8 ETH after Musk's promotion. 661 Total views 3 Total shares On May 10, American business magnate Elon Musk tweeted a meme created using imagery from the Milady nonfungible tokens (NFT) collection. Shortly thereafter, the floor price of Milady NFTs spiked from 3.8…
Simetri Research Launches Dashboard for Short-Term Crypto Traders
Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals.Closing the information gapCrypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move is reportedly designed to meet the…
Bitcoin demand sharply declined since April — CryptoQuant
The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States.
EU lawmakers vote for more restrictive capital requirements on banks holding crypto
Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures. 62 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Economic and Monetary Affairs Committee of the European Parliament has…
Bitcoin steadies as gold hits $2K, US dollar strongest since May 2020
Bitcoin (BTC) stayed near one-week lows on March 7 as a flight to safety among investors did crypto markets no favors.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewGold, dollar spell sour times for stocksData from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing at around $37,600 overnight before tracking around $1,000 higher.The pair had faced pressure into…