US jobs data points to likely rate cut in December — Grayscale
Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin’s price higher. Go to Source
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Bitcoin price hits $100K for first time in history
Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April’s halving and Donald Trump’s US election win. Go to Source
Reserve Bank of India expanding cross-border payments platform
According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country. Go to Source
Over 63,000 BTC were sent to exchanges in last 72 hours — CryptoQuant
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets. Go to Source
Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated
Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456 Following U.S. PCE Report On Friday, Sept. 27, 2024, bitcoin crossed the … Read more
$50K to $100K — 9 AI Chatbots Predict Bitcoin Prices for Year-End 2024
At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting bitcoin could reach $80,000 or even surpass $100,000, according to Openai’s Chatgpt 3.5. We repeated the test with a slight adjustment to the … Read more
‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023
Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 and $85 per unit, Goldman Sachs analysts think oil will reach $110 per barrel for Brent oil, and strategists from Morgan … Read more
Argentina to Launch ‘Fair Prices’ Program to Battle Raging Inflation Numbers
The government of Argentina has begun to act in several directions to control the raging inflation numbers registered this year. Sergio Massa, minister of treasury, proposed a program called “Fair Prices,” to force retailers and producers to establish a fixed price on various products, to be maintained for up to 90 days. Argentina to Rely … Read more
Will Ethereum Merge hopium continue, or is it a bull trap?
ETH has gained 48% over the past week, leaving most of its crypto brethren behind — though it’s still risky days ahead given the macroeconomic factors still at play. Go to Source Powered by WPeMatico
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon, the central bank’s lead Jerome Powell said the committee … Read more
