Bitcoin Bulls Missing in Action After Mt. Gox Delays BTC Repayments
Rumors of Mt. Gox mulling a delay have been doing the rounds and likely catalyzed the recent bitcoin price bounce.
Rumors of Mt. Gox mulling a delay have been doing the rounds and likely catalyzed the recent bitcoin price bounce.
Gold ETFs dramatically shook up markets. A spot bitcoin ETF could do the same.
The MOVE index, an options-based measure of turbulence in Treasury notes, dropped to an 18-month low last week.
“All financial markets have taken a wait-and-see approach ahead of monetary policy decisions in the U.S., Switzerland, the U.K. and Japan,” one analyst said.
Sestagalli’s previous Avalanche projects created a cult-like following in the 2021 bull run under the “frog nation” moniker.
The Fed will announce its rate decision on Wednesday at 14:00 ET. The way bitcoin options are priced suggests the cryptocurrency may not move more than 3% by Friday.
Hopes for a spot bitcoin ETF and the latest regulatory actions could prove to be further catalysts.
The latest price moves in crypto markets in context for Sept. 18, 2023.
The latest price moves in crypto markets in context for Sept. 13, 2023.
Mainstream interest in the crypto market remains low as key economic indicators show continued decline in the disposable income of the U.S. households.