Both bitcoin and ether declined on Saturday, continuing downward momentum after another week of macroeconomic uncertainty and ongoing jitters on the regulatory front. Both cryptocurrencies fell 6.4% o...
Tag: Macro
Ether, bitcoin track Nasdaq, S&P declines as new data keeps inflation fears in focus
Crypto and traditional assets sank after U.S. data showed inflation persisting. Bitcoin traded down about 1.5% to $23,785 at 8:45 a.m. EST, while ether fell about 1% to around $1,639. The...
Warner Bros. Discovery to report results amid streaming upheaval, macro challenges
Warner Bros. Discovery (WBD) is set to report quarterly results after the bell on Thursday as the company grapples with increased cord cutting, more streaming competition, and an expected double-digit...
BTC price analysis: Analyst says Bitcoin is set for macro uptrend
Bitcoin (BTC/USD) is trading just above $24,000 after a failed breakout at the $25k resistance. Given, the dip to weekly lows of $23,600 has had traders keen on the macro outlook for the leading digit...
Bitcoin flirts with $24,000; Coinbase pares gains following Layer 2 announcement
Markets • February 23, 2023, 11:45AM EST Cryptocurrency prices were up over the past day, relatively unaffected by the release of the Fed’s latest meeting minutes on Wednesday. Crypto-related st...
Bitcoin Price Doesn’t Care About Macro News: NY Fed Economists
The Federal Reserve Bank of New York led a study that examined the relationship between bitcoin and macroeconomic data, finding that the two barely have a link. “The key result is that, unlike other U...
Bitcoin, crypto prices sink for second day; Coinbase down as markets look to Fed minutes
Cryptocurrency and stocks dipped as the focus turned to the release of the U.S. Federal Reserve’s January meeting minutes later today. Bitcoin was trading at $23,700 by 11.20 a.m. EST, do...
Coinbase fourth-quarter revenue beats estimates despite falling 57% year-on-year
Coinbase’s fourth-quarter revenue beat estimates, with the exchange reporting revenue of $604.9 million compared to the $589 million FactSet estimate. Although ahead of expectations, full ...
On-chain data Macro Review – The Cryptonomist
The bear market of 2022 has been brutal for the entire digital asset industry, with prices drawing down over 75% from the ATH for both BTC and ETH. In this piece, we take a big picture view of the big...
Bitcoin faces do-or-die weekly, monthly close with macro bull trend at stake
Bitcoin (BTC) is leaving traders guessing as the bull market’s future depends on the last week of February. In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial...
TrueFi token clocks triple digit gain as Binance mints TUSD stablecoin
DeFi lender TrueFi’s token, TRU, jumped over 140% shortly after Binance minted $50 million worth of the TrueUSD stablecoin. Binance minted 49.99 million TRU at around 10 a.m. EST today, ...
The global macro picture 2023
3 Themes for 2023 From Peak to Trough Inflation Wave 5s across markets Dot.com parallels From Peak to Trough Inflation The question of where is “Peak Inflation” in 2022, will now turn to where is “Tro...
Bitcoin reaches $25,000, its highest price since June
DeFi • February 16, 2023, 11:21AM EST Bitcoin was trading at $25,108 by 11 a.m. EST, up 3.1% over the past day, according to TradingView data. That’s its highest price since June 2022. ...
Bitcoin holds firm above $24,000, with crypto prices buoyant as stocks dips
Markets • February 16, 2023, 10:22AM EST Crypto prices continue to climb higher, with bitcoin firmly above $24,000. Equities linked to cryptocurrency and blockchain technology traded down. Bitc...
Bitcoin price reaches 6-month high above $24,000
Markets • February 15, 2023, 6:02PM EST Bitcoin reached its highest point since Aug. 17, and its drawdown in 2022 might have something to do with it. The leading cryptocurrency by market cap wa...
Silvergate hurtles back above $20 with crypto stocks in the green across the board
Markets • February 15, 2023, 5:10PM EST Crypto-related stocks soared in trading on Wall Street today. Silvergate, Coinbase, and MicroStrategy led the way with double-digit gains. Silvergate rose...
Top Macro Expert Makes Bold Prediction On Solana (SOL); $1000 by the End of this Cycle
As the price of Solana (SOL) remains relatively stable at $21, macroeconomics specialist and former Goldman Sachs executive Raoul Pal has issued a daring forecast for the cryptocurrency. As of the tim...
Macro tailwinds favor the Indian rupee to pound
The British pound pulled back against key developed and emerging market currencies after the relatively encouraging UK inflation data. The GBP/INR price retreated to the psychological level of 100, wh...
Crypto markets rebound as Silvergate soars 16% on Citadel Securities, Susquehanna stakes
Cryptocurrency prices rebounded after yesterday’s decline, when the New York Department of Financial Services announced it will pursue regulatory action against stablecoin provider Paxos. ...
Crypto markets wrought ahead of US inflation data as regulatory issues steal focus
Crypto markets were roiled by the SEC last week, and now there’s even more uncertainty after the New York Department of Financial Services ordered Paxos to stop issuing BUSD. Next up is U.S. inf...
Macro Guru Raoul Pal Predicts $10,000 Ethereum – But Says Other ETH Rivals Will Outperform
Former Goldman Sachs executive Raoul Pal says that Ethereum is destined to reach a five-figure price in the next crypto bull market, and that some of ETH’s biggest rivals will outperform. In a new int...
Binance’s BNB drops 6% on latest US regulatory moves; bitcoin off lows but still down
Cryptocurrency prices were once again driven lower by regulatory developments, with Paxos and the New York Department of Financial Services going toe to toe and Binance suffering the consequences. &#...
Macro Investor Predicts Massive Upside Volatility for Ethereum
Analyst Raoul Pal considers Ethereum to be the true money of the internet, ahead of Bitcoin. According to Raoul, Ethereum has the best risk-adjusted returns among all the cryptos. Raoul notes that oth...
Bitcoin, crypto prices slip; Coinbase extends losses as regulatory fears spook market
Cryptocurrency prices nosedived overnight on the back of increased regulatory scrutiny. Coinbase and Silvergate extended losses in the early session. Bitcoin was trading at $21,770, down 4.2% o...
Bitcoin has hit bottom — at least that’s what Pantera Capital and Osprey Funds chiefs say
Crypto chiefs say bitcoin prices have hit bottom and are consolidating. Bitcoin was trading around $21,760 at 7 a.m. EST, down about 4% over the past 24 hours, according to TradingView data. Th...
Analyst Urges People To Look At BTC Through A Macro Minded Lens
A Tweet by Michael Burry in January of 2023 left people concerned about the BTC price. Dan Gambardello does not see this tweet as a bearish sign for BTC. BTC is currently trading hands at $22,698.21 a...
Coinbase drops 8% as CEO Armstrong calls out SEC; Silvergate sinks 5%
Crypto-related stocks sold off at the open, with Coinbase and Silvergate leading the drop. Coinbase shares fell over 8% to $63 by 11:15 a.m. EST, according to Nasdaq data. Last night Coinbase CE...
Bitcoin slips as memecoins lead loses; GBTC discount to NAV widens
Cryptocurrency prices slipped across the board, even as the sector buzzes about the future of AI and big data tokens. Bitcoin was trading at $22,722 by 9:35 a.m. EST, down 1.5% over the past day...