News
The Centers for Disease Control and Prevention (CDC) has indicated that updated Covid-19 booster shots from Pfizer, Moderna, and Novavax will likely be available to the public by mid-September. This updated vaccine rollout aims to combat emerging omicron variants ahead of an expected fall surge, but the implications for Bitcoin
News
The Electric Reliability Council of Texas (ERCOT) has issued a voluntary conservation notice for August 26th, asking customers to reduce electricity usage between 3pm to 9pm due to low wind power generation and high demand. This has implications for the burgeoning Bitcoin mining industry in Texas, which relies heavily on
News
Brazil has proposed using Chinese yuan to guarantee exports to Argentina amid the neighboring country's dollar shortage. The plan involves Brazil's state bank and aims to provide payment security for traders. But how might this impact Bitcoin? On the surface, the proposal seems focused on bilateral
News
Dollar Tree plans to lock up merchandise and discontinue some products amid rising inventory shrinkage from theft. This signals a weakening economy that could influence Bitcoin. The cryptocurrency has traded tightly with equities, falling on recession fears. So what does Dollar Tree's move suggest for BTC? After the
News
Dow Jones futures bounced back on Friday despite hawkish comments from Fed Chair Jerome Powell, extending a choppy rally attempt. The major indexes snapped three-week losing streaks, with the Nasdaq gaining 2.3%. However, stocks reversed sharply on Thursday from the 50-day line. Leading AI stock Nvidia jumped 6.3%
News
The IRS announced it is pushing back implementation of a law requiring higher earners to make 401(k) catch-up contributions to after-tax Roth accounts. The change delays closing a major tax loophole for wealthy Americans, granting them continued ability to reap deductions on pre-tax 401(k) contributions until 2026. The
News
At the recent BRICS summit in Johannesburg, the bloc of major emerging economies announced plans to explore creating a shared payment system. While details remain sparse, the initiative aims to facilitate trade using local currencies and provide an alternative to dominant networks like SWIFT. The move comes as Russia seeks
News
Former French President Nicolas Sarkozy is facing trial over claims that his 2007 presidential campaign received 50 million euros in illegal financing from the late Libyan dictator Moammar Gadhafi. This decade-long investigation has gripped France and could have ripple effects across politics and economics if proven true. But how might
News
On-demand grocery delivery giant Instacart finally unveiled its much-anticipated IPO filing this week. After over a decade of impressive growth and nearly $3 billion in funding, Instacart is ready to hit the public markets. But what does the profitable company's forthcoming IPO mean for crypto and Bitcoin in
News
Federal Reserve Chair Jerome Powell sent a clear message in his highly anticipated speech on Friday - the fight against inflation is not over. Speaking at the Kansas City Fed's annual Jackson Hole symposium, Powell acknowledged recent declines in inflation but emphasized it remains too high. He hinted
News
Bitcoin's price has seen a slight 0.09% increase over the past 24 hours to $26,061.17. While this may seem insignificant at first glance, analyzing the data reveals some interesting insights into Bitcoin's current market conditions and future outlook. To start, Bitcoin's
Analysis
Bitcoin's price has seen a minor 1.34% decline over the past 24 hours, dropping to $26,091.95. While volatility is normal in crypto markets, examining the key metrics can provide insights into Bitcoin's potential price direction. This analysis will uncover trends and predictions to
Analysis
Bitcoin's price has seen a moderate 1.4% surge over the past 24 hours to $26,432.43. This comes after a period of declining prices for the top cryptocurrency by market capitalization. In this report, we will analyze the key Bitcoin metrics and trends to uncover insights
News
A bruising sell-off has pushed the majority of bitcoin's short-term holders into the red, data shows. With nearly 90% of the supply held by short-term holders now at a loss, the market looks vulnerable to further declines if these investors rush for the exits. Short-Term Holders Feel the
News
Bitcoin, the world's largest cryptocurrency by market capitalization, saw a slight 0.04% price decline over the past 24 hours. BTC is currently trading at $26,054.77, down from $26,079.46 yesterday. While this dip is relatively small, examining the key Bitcoin metrics can provide valuable
News
Bitcoin, the world's largest cryptocurrency by market capitalization, has seen a slight 0.28% price decline over the past 24 hours. As of August 21, 2023, Bitcoin is trading at $26,065.14, down from $26,157.78 yesterday. In this technical analysis, we'll explore Bitcoin&