Crypto prices fell over the past week as dogecoin led the losses. Crypto stocks traded higher for the most part, while MicroStrategy declined. Bitcoin was changing hands for $16,550 at 10 a.m. ...
Tag: Macro
Crypto Bull Tom Lee Reveals 2023 Macro Outlook, Says This Year’s Terrible Conditions Are ‘Unlikely To Persist’
Fundstrat Global Advisors’ managing partner Tom Lee thinks the terrible macroeconomic conditions of 2022 are “unlikely to persist” next year. In a new Twitter thread, Lee says that he thinks inflation...
Grayscale’s GBTC’s beating this year very likely to persist
Grayscale’s flagship product, the Grayscale Bitcoin Trust (GBTC), grabbed headlines throughout the year — typically for the wrong reasons. Grayscale foresees a limited possibility of relief over...
Bitcoin On-Chain Supply Metrics Suggest Macro Bottom Not Yet In
In today’s on-chain analysis, BeInCrypto looks at Bitcoin supply indicators. The analysis aims to determine the bear market’s stage, whether the macro bottom has already been reached, and how long the...
Bitcoin, ether dip as crypto stocks trade higher
Crypto prices dipped after a week of relatively flat trading, while crypto-related stocks traded higher with Coinbase adding 2%. Bitcoin traded at around $16,700 at 9:30 a.m. ET, dropping about ...
Bitcoin plunged 65% in 2022 as Terra, FTX went up in flames
In case you missed it: Crypto prices plunged this year thanks to industry gaffes and the wider — and very damaging — macroeconomic environment. The global crypto market capitalization plunged to...
Binance (BNB) Price Might Face 2008-Style Macro Collapse, Warns Analyst
BNB was one of the best-performing cryptos in 2022, but it may crash in 2023. The exchange did well till now despite the FTX crash and other issues. As the year ends, the coin’s future seems gloomy, a...
Analyst Nicholas Merten Says Binance Coin (BNB) Primed To ‘Fall off a Cliff’, Warns of 2008-Style Macro Collapse
Widely followed crypto analyst Nicholas Merten says Binance Coin (BNB) looks like it’s on the verge of collapsing despite holding up relatively well compared to other altcoins. In a new video update, ...
3 global macro themes to watch in 2023
2022 was the year when major central banks ended their easy policies in an effort to fight inflation. Inflation reached levels not seen in developed countries for decades. For instance, German inflati...
Bitcoin Price Will Increase In Coming Years, says Bloomberg’s Senior Macro Strategist
Mike McGlone, the senior macro strategist for Bloomberg Intelligence, shared his prediction on Twitter about upcoming price changes on Bitcoin. Earlier, he predicted that Bitcoin could beat commoditie...
Bitcoin, crypto prices little changed as Coinbase, Block trade higher pre-market
Crypto prices were little changed over the past day while Coinbase and Block shares traded higher in pre-market hours. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.2% over the past...
Bitcoin, crypto prices higher, Grayscale’s GBTC discount to NAV narrows
Crypto prices rose marginally and most crypto-related stocks were lower shortly after the open. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.6% over the past 24 hours, according to...
Coinbase, Binance enjoy market share gains after FTX demise
The Block tracks spot market share for cryptocurrency exchanges with fiat support. Only the largest exchanges with trustworthy reporting of exchange volume metrics are included. Binance’s market...
Macro Guru Raoul Pal Says One Catalyst Could Open Institutional Floodgates and Set Off Crypto Fireworks
Real Vision CEO Raoul Pal thinks crypto will recover from its high-profile disasters in the same way that hedge funds have in the past. In a new interview with crypto analyst Scott Melker, the former ...
Here’s What’s Next for Bitcoin and Ethereum in 2023 and 2024, According to Macro Guru Raoul Pal
Real Vision CEO Raoul Pal says that 2024 will be a great year for the top two digital assets by market cap. In a new interview with crypto influencer Scott Melker, the macro guru says that he envision...
Polygon, Avalanche and Additional Ethereum Rival Are ‘Unlocking Something Big,’ Says Macro Guru Raoul Pal
Real Vision CEO Raoul Pal says that Polygon (MATIC) and a pair of Ethereum (ETH) challengers are on the cusp of ‘unlocking something big.’ In a new video update, the macro guru says that Solana (SOL),...
Bitcoin Whales Double Down On Gigantic BTC Buys Despite Macro Headwinds ⋆ ZyCrypto
Advertisement     Bitcoin, the largest cryptocurrency by market value, plunged further Friday as hawkish comments by Fed’s Chair Jeremy Powell on Wednesday continued t...
Bitcoin slips, struggles to hold $17,000, Binance’s BNB slumps even further
Cryptocurrencies and crypto-related stocks were down in line with broader financial markets after a busy week of economic data and, of course, the arrest and charging of Sam Bankman-Fried. Bitco...
Ethereum (ETH), Gold and Stocks All Positioned for Rallies, Says Macro Guru Raoul Pal
Former Goldman Sachs executive Raoul Pal says gold, stocks and Ethereum (ETH) are all showing patterns signaling big rallies are coming. The macro guru tells his 991,200 Twitter followers that the pre...
Bitcoin, crypto prices fall on Fed’s latest decision, US stock indices drop
Crypto markets pared gains alongside traditional counterparts as the Federal Reserve increased interest rates by 50 basis points. Bitcoin dropped 2%, trading at $17,926 at 2:20 p.m. EST followi...
Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points
The U.S. Federal Reserve raised the federal funds rate by 50 basis points, increasing it to a range of 4.25% to 4.5%, the highest since 2007. Today’s interest rate decision was largely exp...
As Bitcoin, Stock Investors Cheer US Inflation Slowdown, One Macro Expert Calls for Caution
“Those who find a lower inflation print a good opportunity to buy risk assets should look away now,” Andreas Steno Larsen, founder and CEO of Steno Research, noted in the inflation review ...
Bitcoin trades around $18,000, U.S. dollar sinks as all eyes are on the Fed
Bitcoin soared ahead of the Federal Reserve’s last interest rate decision of the year while the U.S. dollar has erased much of its 2022 gains. Bitcoin was trading at $18,080 at 10:53 a.m....
Imminent Macro Events Could Rock Bitcoin and Crypto Markets, According to Analytics Firm Santiment
A leading analytics firm is issuing an alert to crypto traders to brace for wild price swings as key macro data are due for release this week. In a new Insights edition, Santiment says it is expecting...
Bitcoin, crypto prices buoyant, while Coinbase hits all-time low as Silvergate sinks 12%
Bitcoin and other crypto prices are holding onto gains after better-than-expected inflation data ahead of the Fed’s last rate decision of the year. Crypto stocks didn’t fare so well,...
Macro Guru Raoul Pal Says Ethereum Could Be Following 2017–2021 Cycle, Predicts Bounce Back in Global Markets
Former Goldman Sachs executive Raoul Pal says there’s one Ethereum (ETH) chart that traders should keep on their radar. In a new analysis, Pal points to the “Ethereum Today vs. 2017-2021 Analog” chart...
Bitcoin hurtles toward $18,000 as inflation comes in below expectations, crypto stocks soar
Bitcoin and crypto prices soared following lower-than-expected U.S. inflation data for November. Crypto stocks bounced in line with U.S. stock futures. Bitcoin was hurtling toward $18,000 shortl...
U.S. inflation shows signs of cooling at 7.1% in November, below estimates
Inflation in the U.S. came in at 7.1% in November, compared to the 7.3% year-on-year forecast. The month-on-month increase was 0.1%, down from 0.4% in October. Cryptocurrencies and traditional ...
Cumberland sees better days for crypto in 2023 after market ‘rewires itself’
Cumberland sees adoption leading to a market recovery in 2023, but only after a “spat of volatility” as the “market rewires itself.” Jonah Van Bourg, the firm’s head of trading, said he expects ...
Bitcoin flirts with $17,000 as Binance token price plunges with big week ahead for markets
Cryptocurrencies and crypto-related stocks had a mixed start to the week, while GBTC saw the discount on the fund’s net asset value approach 50%. Bitcoin whipsawed above and below $17,000 ...