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Bitcoin Faces Risk From ‘Maxed Out’ U.S. Consumers, Analyst Says

U.S. consumers are accumulating debt at a slower rate, veri released Wednesday showed.
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Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains

An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.
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Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood

Likely also hitting prices was the movement of nearly $2 billion of BTC and ETH in wallets linked with Genesis Trading.
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Ripple to Allocate $10M to Tokenized U.S. Treasury Bills on XRP Ledger

This is part of a larger fund that Ripple will allocate to tokenized T-bills provided by OpenEden and other issuers.
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Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi

The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.
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Bitcoin Tops $66K as Cryptos Rally Amid Global IT Outage; Solana’s SOL Leads Altcoins

Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak.
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Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies

As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of victory for the now crypto-friendly Donald Trump slumped on...
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U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K

Market participants became increasingly convinced that the Fed was going to trim rates at its September meeting following the report.
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Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020

Four BitMEX executives have previously pleaded guilty to the same charge.
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Bitcoin’s Bottom in Price Could Be Near or Already In, the Coinbase Premium Index Suggests

Previous deeply negative readings occurred near local bottoms in price, with the most recent occurring just prior to BTC's rally between October and March to all-time highs, FalconX's David...
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Recent Posts

  • SOL Jumps 6%, Bitcoin Clings to $84K on Dampened Rate Cut Hopes
  • Three Wallets Snag ‘Base is for everyone’ Tokens Before Official Announcement, Profiting $666K
  • Republican States Pause Lawsuit Against SEC Over Crypto Authority
  • The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners
  • Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

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