Bitcoin price will benefit from rising hashrate, US inflation fears and crypto-friendly presidency
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors. Go to Source
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JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc carries potential bullish risks. JPMorgan suggests rethinking strategies as carry trade returns are expected to diminish … Read more
Bitcoin falls under $67K as stocks sell-off, but BTC derivatives are stable
Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear. Go to Source
A New Fed Working Paper Aims to Rein in Bitcoin With Taxes or Prohibition—Here’s Why It’s Flawed
In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research explores the impact of bitcoin on fiscal policies and offers potential solutions. The Case Against Bitcoin: The Minneapolis Federal Reserve’s … Read more
Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and Inflation
Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with newly printed dollars flooding the market. But while bitcoin’s future looks bright, Hayes warns investors … Read more
Bitcoin price fell 24%+ the last time this metric turned negative — Will it happen again?
Bitcoin derivatives metrics shifted as BTC price fell under $59,000 today. Are lower prices incoming? Go to Source
CPI data to drive ‘favorable impact’ on Bitcoin prices — 21Shares
Consumer prices in the US rose by 2.4% in September, above market expectations but still in a negative trend compared to the past few years. Go to Source
Bitcoin price recovery driven by growing US financial concerns
Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US Go to Source
Fed’s ‘juice’ into crypto has analyst eyeing ‘trimming’ opportunities
The US Fed’s decision to cut interest rates was just “catching up to market expectations,” as an analyst argues a lot of the added “juice” was already priced in the riskier assets. Go to Source
JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move
JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job market weakens. While some other Wall Street firms have adjusted their outlooks, JPMorgan remains confident in its forecast, … Read more
