Asia Market Open: Bitcoin Tumbles 7% to $85K, Stocks Retreat as US Jobs Data Fails to Clarify Rate Outlook
Bitcoin slid 7% to $85,000 as Asia opened lower, with traders dumping risk assets after mixed US jobs data and rising macro anxiety.
Bitmine buys another $49M in ETH as Tom Lee warns of strained market maker liquidity
Bitmine contiues its Ethereum buying spree while chairman Tom Lee warns that crypto markets are still struggling with weak market maker liquidity.
Japan Approves $135B Stimulus Package; BTC Dip Keeps Giving
Japanese Prime Minister Sanae Takaichi's cabinet approved a multi-billion dollar stimulus package on Friday, delivering on the new leader's promise to pursue an expansionary fiscal policy.
Peter Schiff Says Michael Saylor-Led Strategy 'Would Have Been Better Off' Buying Anything Other Than Bitcoin'
Economist Peter Schiff slammed Strategy Inc.'s (NASDAQ:MSTR) Bitcoin (CRYPTO: BTC) investment approach on Thursday, arguing that the company would have been better placed had it chosen any other asset. Schiff Sees Problems For Strategy In an X post, Schiff pointed out that despite spending over $48 billion on Bitcoin in the past five years, the company's total paper profits are less than 17%.
BTC Falls Toward Mid-$80Ks as Market Structure Weakens Into Year-End
Bitcoin extended its slide Friday morning Hong Kong time, dropping below $85,500, CoinDesk data shows, as the market absorbed a fresh wave of selling pressure and another shift in global rate expectations.
Traders eye Bitcoin's bull-bear ‘tug-of-war' to plan their next move
Nic Puckrin, an analyst at The Coin Bureau, said Bitcoin is being “pulled in different directions by conflicting news” as it heads into the weekend. ⚪ Sorce:<a href='https://cointelegraph.com/news/crypto-traders-bitcoin-sentiment-dip-buy-fear?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound'>Cointelegraph</a>
Bitcoin won't hit $200K until Q3 2029: Veteran trader Peter Brandt
The recent Bitcoin “dumping” is a positive sign for the asset, but it could take years, not weeks, for Bitcoin to reach that magic $200,000 number. ⚪ Sorce:<a href='https://cointelegraph.com/news/bitcoin-price-prediction-q3-2029-peter-brandt-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound'>Cointelegraph</a>
Bitcoin Falls To Fresh Multimonth Low As Macro Factors Fuel Continued Declines
Bitcoin prices pushed lower on Thursday, November 20, extending recent losses as macro variables fueled weakness in the markets.
Bitcoin For America Act: How It Aims To Transform Tax Payments And Establish A US Strategic Reserve
A new crypto bill was introduced in Washington on Thursday, focusing on the potential for utilizing Bitcoin (BTC) in federal tax transactions. Republican Representative Warren Davidson has aligned with the vision of making America the “crypto capital of the world,” as previously articulated by President Donald Trump.
Ethereum ETF Outflows Hit $1.42B as Apeing Leads Top Altcoin Picks, Join Now To Capture 10,000% ROI While BNB and LTC Climb
Crypto markets are on edge as Ethereum ETF outflows surge $1.42B, shaking the $3K support level and sending traders racing for opportunities. In the midst of this volatility, Apeing ($APEING) has surged into the spotlight, quickly becoming one of the top altcoin picks.
FG Nexus Shifts Strategy With Major Ethereum Sale to Fund Share Buyback
FG Nexus has pivoted from its earlier plan to significantly expand its Ethereum treasury, choosing instead to liquidate part of its holdings to support a sizable stock buyback program. The move marks a notable shift for the company, which had previously positioned itself to become a major corporate holder of ETH.
Bitwise XRP ETF sees $21.7M turnover on debut but closes the day lower
The Bitwise XRP ETF posted $21.7M in turnover on 20 November, but will it match-up with Canary's XRPC?
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