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The Bitcoin halving will likely positively affect Ethereum and the broader crypto market, according to multiple industry insiders.
CELO surges 41.1% in 24 hours, showing strong investor confidence and bullish momentum. The recent surge could be linked to its joint effort with Tether to introduce USDT on the Celo network. Technical indicators on CELO’s price chart, like EMA and MACD, indicate a continued bullish trend.
The mini version of GBTC is expected to offer holders additional exposure to bitcoin without having to pay extra taxes, according to its filing.
Cat-themed memecoins have rallied over the past week.AI tokens have risen strongly over the last 24 hours.
Could slower Bitcoin millionaire wallet growth signal early bull market stages and pending peak capital inflows?
BlackRock’s IBIT spot bitcoin ETF has exceeded 200,000 BTC in assets under management after just two months of trading.The newborn nine spot bitcoin ETFs — excluding Grayscale’s converted GBTC fund — now total more than 420,000 BTC.
Cathie Wood’s Ark Invest offloaded another 270,365 Coinbase shares on Monday — worth $68.7 million.COIN has surged 10% over the past week to reach the highest level since December 2021.
Bitcoin ETFs are sucking up the BTC available for purchase, and the tipping point in supply dynamics will come this year, one analyst says.
Thailand’s Securities and Exchange Commission has permitted firms to launch funds for investing in U.S. spot bitcoin ETFs. The country’s asset management firms are now allowed to offer funds with exposure to spot bitcoin ETFs for institutional investors.
- 04:46Data: Australia's Monochrome spot Bitcoin ETF holds 206 BTCAccording to official news, the Australian Monochrome spot Bitcoin ETF (IBTC) held 206 BTC as of November 13.
- 04:26Fed's mouthpiece: Inflation remains firm, but not enough to disrupt the Fed's December rate cut planFederal Reserve mouthpiece and renowned Wall Street Journal reporter Nick Timiraos recently wrote that consumer prices in October slightly rebounded after recording the slowest growth rate in three and a half years last month, indicating that inflation continues to decline on an uneven and rugged path. The latest report may not be enough to prevent the Federal Reserve from cutting interest rates again in December. However, with robust consumer spending and stable hiring, stronger inflation could spark a larger debate at officials' next meeting - discussing whether to slow down the pace of rate cuts early next year.
- 04:24Former US Treasury Secretary warns: If Trump fulfills his promise, it will trigger an "inflation crisis" unseen for decadesFormer US Treasury Secretary Summers stated that if President-elect Trump truly fulfills his promises, the United States will once again experience a severe inflation crisis. Summers pointed out that Trump's promised domestic tax cuts, increased tariffs, and expulsion of illegal immigrants will have a serious impact on the US economy. "If he insists on implementing the plans he promised during the campaign, then this country will suffer an inflation crisis greater than that of 2021."
