BItcoin price faltered at $64K again — Here is why
Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty. Go to Source
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‘Overly optimistic’ Bitcoin traders washed out as BTC futures turn ‘neutral’
The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish. Go to Source
Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?
Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop Go to Source
Bitcoin falls under $60K as investors’ global economic slowdown concerns rise
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin. Go to Source
Stock market slump trickles into today’s Bitcoin and altcoin correction
What’s behind the correction in the US stock market and how might it continue to negatively impact cryptocurrencies? Go to Source
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment. Go to Source Powered by WPeMatico
Crypto conspiracy theories abound, but prop traders are just doing its job
FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do? Go to Source Powered by WPeMatico
Goldman Sachs and Barclays invest in UK crypto trading platform Elwood
The global head of digital assets for Goldman Sachs said the demand for cryptocurrency from institutions is rising and the firm has been “actively broadening” its market capabilities to cater to that demand. Go to Source Powered by WPeMatico
Goldman Sachs Features Cryptocurrencies, Metaverse, Digitalization on Its Homepage
Global investment bank Goldman Sachs has changed its homepage to feature cryptocurrency, the metaverse, and digitalization. “From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies,” Goldman Sachs’ landing page now says. Goldman Sachs’ Homepage Now Features Crypto and Metaverse Goldman Sachs has updated its homepage to feature digitalization, including cryptocurrencies and the … Read more
US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike
While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely remain high. Inflation is likely going to be worse than initially feared this year, Goldman Sachs explained in a report published on Sunday. Moreover, in … Read more
