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crypto markets
XRP, XLM Climb as Bitcoin Holds Above $30K
XRP registered its best performance since August 2021 last week, seeing a 60% surge following Ripple's partial win in its legal battle against the U.S. Securities and Exchange Commissioner (SEC). StockCharts.com Senior Technical Analyst Julius de Kempenaer discusses the rally, bitcoin price analysis, and why he's watching Polkadot (DOT).
Bitcoin Could Reach $50K by Year End: ProChain Capital President
Bitcoin (BTC) is hovering around the $30,000 level and ProChain Capital president David Tawil predicts that the largest cryptocurrency by market capitalization could reach $50,000 by the end of the year. Plus, why Tawil thinks renewed interest in a spot Bitcoin ETF is benefiting Grayscale Bitcoin Trust and Coinbase. CoinDesk and Grayscale are both owned Digital Currency Group (DCG).
Bitcoin Remains Under Pressure After Hitting Lowest Level Since Late June
The price of bitcoin (BTC) is barely holding above a one-month low as Tuesday morning's economic data confirms the U.S. economy remains in growth mode and traders brace for what's now a near 100% certainty of another Federal Reserve rate hike next week. Caleb & Brown Director Jake Boyle discusses his outlook on bitcoin and thoughts on the altcoin sector.
Bitcoin se mantiene bajo presión por debajo de los $30,000 tras las cifras de ventas minoristas en EE. UU.
La Rally del jueves hasta alcanzar un nuevo máximo de 13 meses de 31.800 dólares ha quedado ahora más que totalmente anulada.
Bitcoin Breaks Above $31K as XRP Ruling Bolsters Optimism
Bitcoin (BTC), XRP, and most other major cryptocurrencies are rallying Friday on the news of a judge ruling that the sale of Ripple's XRP tokens on exchanges and through algorithms did not violate federal securities laws. CoinRoutes CEO and co-founder Dave Weisberger discusses the impact of the XRP ruling on the crypto markets.
Bitcoin Breakout Above $31K Remains Elusive as Shorts Pile In
Forex.com global head of research Matt Weller discusses his crypto markets analysis and outlook as bitcoin (BTC) has failed twice this week to breakout above $31,000. Plus, his reactions to the June Producer Price Index (PPI) data and the U.S. spot bitcoin ETF race.
Bitcoin Nears $31K After June U.S. Inflation Data
The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May. Bitcoin (BTC) rose modestly to $30,900 in the immediate aftermath of the report before retreating slightly. Unchained CEO and co-founder Joe Kelly discusses the market reaction. Plus, insights into the U.S. spot bitcoin ETF race and Unchained's private client service launch.
Grayscale Bitcoin Trust Discount Narrows In Wake of Spot Bitcoin ETF Race in U.S.
GSR Markets co-founder and President Rich Rosenblum discusses his crypto markets analysis and outlook as bitcoin (BTC) remains steady over $30,000. Plus, Rosenblum addresses the discount to net asset value for the Grayscale Bitcoin Trust narrowing in the wake of asset manager BlackRock’s application to open a spot bitcoin ETF in the United States. Grayscale and CoinDesk are both owned by DCG.
Cripto Catalyst Watch: Las lecturas del IPC y el IPP de junio acaparan la atención
El IPC cayó al 4% en mayo y ha tenido una tendencia a la baja, aunque parece probable que la Reserva Federal Síguenos adelante con su intención de subir las tasas a finales de este mes.
Bitcoin cae por debajo de los 31.000 dólares tras el aumento del lunes
El jefe de investigación del administrador de activos digitales 3iQ escribió que la Criptomonedas más grande por capitalización de mercado todavía se ve impulsada por las múltiples presentaciones de ETF de Bitcoin al contado y otros Eventos de junio.
