A very rough week in crypto markets appears on track to conclude on a slightly positive tone. About an hour ahead of the close of U.S. stock market trade Friday, the price of bitcoin BTC$103,580.76 has managed to climb back above $103,000 — up about… Read More
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$102,785.08 briefly slipped below $100,000 for the first time since June as a wave of liquidations and shifting macro expectations triggered a broad crypto sell-off. The leading cryptocurrency is now down more than 20% from… Read More
Bitcoin BTC$111,502.81 has rallied past $110,000, led by renewed optimism about the U.S.-China trade relations. The bounce means BTC is now trading at levels where market makers could add to price turbulence ahead of Friday’s multi-billion dollar options expiry. Data from the Deribit-listed options market,… Read More
The crypto market, starved of fresh economic data due to the prolonged U.S. government shutdown, will finally get a key data point with the release of September’s Consumer Price Index (CPI) on Friday. The inflation figure could trigger larger price swings in ether ETH$3.968,74 than… Read More
Crypto markets were in rally mode on Thursday alongside sizable gains in stocks, a U.S. presidential pardon for Binance founder Changpeng Zhao, and ahead of tomorrow’s key reading on September inflation. In mid-afternoon U.S. trading, bitcoin BTC$110,082.75 was up 2.7% over the past 24 hours… Read More
Tesla (TSLA) continued to hold 11,509 BTC, valued at around $1.35 billion as of the end of the third quarter (valued somewhat less as of today). The rise in bitcoin’s value during the third quarter allowed the company to book an $80 million gain on… Read More
