Bitcoin Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift
China’s highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital flows into Chinese equities.
China’s highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital flows into Chinese equities.
Solana’s SOL, Avalanche’s AVAX and Render’s RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.
The WLFI token sale will be open for everyone who has been qualified through the project’s whitelist.
The company also relocated to the Dominican Republic, Arkham CEO Miguel Morel confirmed to CoinDesk.
Scroll has set aside 15% for future airdrops, but that isn’t enough according to airdrop farmers.
Ryan Salame is set to start a prison sentence today after a judge rejected his attempt to delay his arrival to treat a bite to his face, noting it didn’t stop him from doing a media interview.
Crypto wallets linked to the defunct exchanges still hold $2.8 billion of bitcoin after having distributed about $6 billion worth of assets to creditors earlier this year.
The stock has gained 4% since bitcoin hit an all-time high in March, while bitcoin itself has declined 16%.
The latest price moves in crypto markets in context for Oct. 11, 2024.
Bitcoin’s boring price action, characterized by continued accumulation by small investors, is being attributed to several reasons. including the U.S. election uncertainty and renewed uptick in the U.S. Treasury yields.